DAO barrels focuses on breweries and distilleries On Friday, DAO released a collection of non-fungible tokens (NFTs) redeemable for a limited edition Solana-themed beer, which has already sold out.
The 333 NFTs were sold for 1.35 SOL (about $45) each. Each one looks like a receipt for a 16-pack of Solana Summer Shandy. However, 17 are presently available on Magic Eden for a starting price of 2.49 SOL ($79.61).
From Monday, each NFT will be redeemed for the beer, which is not a Solana Labs product.
During the creation process, the company stated that 20 community members worked as taste testers for the final project, which resulted in a 4% ABV lemonade shandy.
The artwork for the can was created by NFT artist Mark Lauthier. NFT projects such as DeGods, Degenerate Ape Academy, Okay Bears, Solana Monkey Business, Thugbirdz, Cets on Creck, Catalina Whale Mixer, and John Lê’s “The First Edition” are featured in its design.
Dave Goldman, co-founder and CEO of Barrel Labs, stated that barrelDAO owns approximately 20 of the NFT avatars depicted in the designs. The others were made accessible for usage under a licensing deal with the NFTs’ original owners.