PepsiCo announces its first NFT collection

by in Cryptocurrency News

PepsiCo

PepsiCo has announced the Pepsi Mic Drop NFT collection on Ethereum. Tokens will be received by members of the waiting list, registration for which will open on December 10.

The collection consists of 1,893 tokens - in honor of the year the company was founded.

According to the press release, the NFTs are randomly generated, each representing a variation of the microphone image, inspired by "iconic Pepsi tastes." They are also divided according to the degree of rarity - the most unique will be released in a single copy.

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Waiting list users will be shipped collectibles on December 14th. To receive the NFT, they will need to pay a commission on the Ethereum blockchain. At the time of writing, the average network fee is $4.84 per transaction, according to Etherscan.

In July, Pepsi's rival Coca-Cola partnered with platform Tafi to launch the NFT collection in honor of International Friendship Day.