Cereal Club NFTs Have Their Own Unique Flavors and Features
Laura McQuarrie — February 25, 2022 — Art & Design
References: opensea.io & prnewswire
Cereal Club officially revealed the art for its NFT collection on OpenSea and there are 10,000 unique cereal bowls, each of which has a distinct personality, sense of style and attributes.
Cereal Club's rarest NFT recently sold for more than $16,000. Additionally, Cereal Club announced on social media that it has acquired Cereal.com to support the sales of its direct-to-consumer line of cereals, which will be dropping later in the year. Fans of the digital assets can look forward to collaborations with other prominent NFT projects and athletes involved within the NFT space. Ultimately, Andy Treys, project co-founder, says, "Our vision is to become a leader in providing web3 experiences and both creating and partnering with major cereal distributors to maximize awareness."
Cereal Club's rarest NFT recently sold for more than $16,000. Additionally, Cereal Club announced on social media that it has acquired Cereal.com to support the sales of its direct-to-consumer line of cereals, which will be dropping later in the year. Fans of the digital assets can look forward to collaborations with other prominent NFT projects and athletes involved within the NFT space. Ultimately, Andy Treys, project co-founder, says, "Our vision is to become a leader in providing web3 experiences and both creating and partnering with major cereal distributors to maximize awareness."
Trend Themes
1. NFT Art Collections - More companies are likely to create NFT art collections that can bring in significant revenue much like Cereal Club's art that recently sold for over $16,000.
2. Brand Acquisitions - Acquiring a strong domain name like Cereal Club's acquisition of Cereal.com can help a company create a strong online presence and support the sales of its products.
3. Collaborations in NFT Space - Collaborations between NFT projects and athletes within the space can create unique and innovative digital assets that can appeal to a wider audience.
Industry Implications
1. Food and Beverage - Companies in the food and beverage industry can explore creating unique digital assets like Cereal Club's NFT collection to engage with customers in new and exciting ways.
2. Cryptocurrency and Blockchain - The success of Cereal Club's NFT collection highlights the potential for companies in the cryptocurrency and blockchain industry to create unique digital assets that can generate significant revenue.
3. Marketing and Advertising - The use of NFTs as a marketing tool can create a new way for companies in the marketing and advertising industry to promote and sell products while engaging with customers in a more interactive way.
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