Recent Article: Meet the tech titans creating metaverse experience for you The Pepsi Mic Drop genesis NFT collection can be generated randomly by an algorithm to create a unique and different NFT each time. Let's take a look at how Pepsi NFTs can be minted. The unit of measurement for gas prices is "gwei," with one gwei equaling 0.000000001 Ether. Users pay gas fees to compensate for the computing power needed to validate and process transactions on the Ethereum blockchain.
Pepsi teased the launch with pictures of swanky NFT pieces on Twitter.Īlthough minting these NFTs is free, minters must pay a gas fee to enable the Ethereum transaction.īut, are you not aware of the gas fee? We'll explain it to you here.
Recent Article : Why is Decentraland gaining popularity in the metaverse world? The brand's NFT series, dubbed "Pepsi Mic Drop," is influenced by Pepsi flavours such as Red Pepsi Wild Cherry, Silver Diet Pepsi, Classic Blue Pepsi, etc. With 1,893 Generative NFTs, Pepsi has set out on a meta-journey to pay homage to the brand’s celebrated music history. For more information, visit crypto wave has engulfed Pepsi, with the brand recently declaring its first foray into the distinct and ever-changing world of non-fungible tokens, the "Pepsi Mic Drop" NFTs. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of our business strategy and brands. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales. PepsiCo generated more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Participants are responsible for paying any taxes owed as a result of participating in the Pepsi Mic Drop and should consult their tax advisors to determine the tax consequences to them. tax purposes, and a participant will agree as a condition of participating to provide certain information to establish their tax status upon request. Participation in the Pepsi Mic Drop is limited to individuals who are United States persons for U.S.
Mic drop pepsi full#
The Pepsi Mic Drop NFT collection was designed by and created with VaynerNFT, a consultancy under the umbrella of the VaynerX holding company.įor full rules, regulations, terms, and conditions, please visit. In keeping with the Pepsi brand's thought leadership in emerging marketing practices, Pepsi is implementing a carbon offset program for the launch of the Pepsi Mic Drop NFT to ensure a net carbon footprint of zero. Once a consumer is verified, the token will be minted and directly sent to their wallet.Ĭonsumers will then be able to identify their exact Pepsi Mic Drop NFT and are welcome to list on OpenSea or any other third-party platform at any point by satisfying the selected platform's terms of service. Consumers should stay tuned as the 50 remaining NFTs will be held for other exciting initiatives in the near future.
Mic drop pepsi free#
On Tuesday, December 14 at 12:30 PM EST, consumers who have been waitlist-approved will be able to mint one of 1,843 Pepsi Mic Drop NFTs free of charge (not including Ethereum gas fees). The Pepsi Mic Drop wallet waitlist opens Friday, December 10 at 12:00 PM EST on. Pepsi is implementing a waitlisting process at the start of the user experience to ensure an equitable experience for consumers with more manageable gas fees and secure participation.
Mic drop pepsi series#
This collectible series of microphones is not only inspired by our history, but also represents the scale and scope of how accessible we see this space becoming in the future." "We created the Pepsi Mic Drop genesis NFT collection for our fans, putting their interests and needs at the forefront by ensuring the NFTs are all free of charge and presented equitably as an inclusive and accessible opportunity for anyone to experience the exciting world of NFTs. "Pepsi has always been a brand with a strong heritage in music and pop culture, so it's only fitting for us to bring that legacy into the new world of NFTs with a 'mic drop' of epic proportions," said Todd Kaplan, Vice President – Marketing, Pepsi.
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