Have you heard of crypto baristas before? If not then today we are going to tell you about what are they. We all are aware of the liking for coffee among people. It is much brewed by most coffee lovers. But it was not imagined that a dull morning cup of coffee would turn into a digital asset.
As we all are aware of the fact that NFTs or non-fungible tokens are already in trend. And every company aspires to be the industry leader at the top of the metaverse. One example is Coffee Brothers in New York which became the first of the coffee companies to incorporate the ancient coffee trade with the contemporary digital age of the NFT.
50 copies of NFT have been released featuring Ethiopian coffee grower Asefa Dukamo. Some section of the procedure was moved on to two non-profits, the Cup of Excellence and World Coffee Research. However, some NFT owners could purchase roasted coffee from Dukamo.
What is Crypto Baristas NFTs?
Crypto Baristas NFTs can be defined as a group of unique hand-painted coffee-pouring characters that you can buy as non-fungible tokens on Rarible, a blockchain platform. There are around sixty characters in total curated by illustrators Tony Buoy and Coffee Brothers and are on sale on the Crypto Barista website. Based on the rarity, the characters are sectioned into 3 different categories.
World Barista Champions are the rarest known. The other five are part of the 1st season sale. Master Barista comes second in rarity level. There are twenty characters in the first season. And at the last, there are around 35 units of ‘’varistor’’. Crypto Baristas is a multi-season project with the progress of 1st season already in. However, in total, there is the availability of only 455 NFT for buying in season 1.
The main motive behind it
According to co-founder and co-owner Dan Hanwell, the main objective of crypto baristas NFT is to build a like-minded community. in which those persons are included. Those who value innovation, the arts, entrepreneurship and coffee. He further added that the goal of the Crypto Barista project is opening a physical cafe, a real-world space in NYC, in the coming years.
Is Crypto Baristas akin to other NFTs?
So can we say, it is just like any other NFT? Or say, is it digital like Metaverse? The answer is No. Moreover, Crypto Baristas NFT benefits owners to have an excess number of digital assets. Those owners would find themselves lucky if they get the golden opportunity of earning lifetime caffeine benefits at the coming CryptoBarista cafes.
These long-term benefits would also apply to the Coffee Bros website. It is a coffee partner of Crypt Baristas. Discounts on the products and exclusive coffee of Crypto Barista NFT can also be enjoyed by the owners. Owners of the cryptocurrency Barista can decide upon the project development and the future direction.
The voting right lets one make decisions regarding season 2 directions, the concept for the newbie characters, and also the cafe space. One important right is the use of Barista Bank. It is a community fund where the allocation of 15% of NFT revenues is done. For the management of the Barista Bank, the owner is promised a say.
The management of Barista Bank is done by the owners of the Crypto Barista project. They keep and manage 15% of the funds from the sale of NFTs. Users who are known as ‘’Caffeine Clubs’’ can decide freely on whether to proceed with a donation to a coffee fund or to consider it for the expansion of the present project.
Going by the version of The Coffee Bros., Barista Bank has prospective uses for charitable support, extending the Crypto Baristas project, coffee space development, and the beginning of a new project. Coffee Bros is coming up with the instant aim of displaying artwork and the creation of physical space to display innovation.
Commitment to Green
The Crypto Baristas NFT project has also caught public attention with its commitment to the green. The organization has made a commitment to the plantation of five tresses at the time of the successful sale of all NFTs. More than a hundred trees would be planted by the first week of December. If the complete range of Season 1 NFTs gets sold out, then the founders will promise to plant 2,275 ambitious figures.
However, as of now, it is unclear to say on whether the season 1 initiative would result in a successful plantation of trees or not. But the impact of NFTs on the environment has been known already. NFT has divided the artist worldwide, still, there is a debate on high carbon dioxide emissions. Whatsoever, like Crypto Baristas NFT project will sustain its rise and will follow up extensively.
Ending note
There is one more advantage that owners of season 1 will experience is the early access to Season 2 sales. The current owners of Crypto Baristas will gain the first exclusive rights before the opening of the season 2 sale in public.
So this is all you need to know about Crypto Baristas NFT. Let us see how far will this crypto project go. You can also search for the top 10 NFT projects that include ArtBlocks, CloneX, Axie Infinity, Mutant Ape Yacht Club, Meebits, Bored Ape Yacht Club, NBA Top Shot, and CryptoPunks. Flock on to Cryptoknowmics to get newer updates on NFTs.
