Marijuana Industry To Penetrate Nft Ecosystem

FarmHouse Inc has officially announced its new licensing agreement with a Mega Mutant Ape. The said licensing agreement allegedly allows cannabis companies to license one of the most iconic NFTs in the Bored Ape Yacht Club universe. The said company further teased the said collaboration through Twitter earlier this week. Reports have claimed that the said the collection at hand is the Mutant Ape Yacht Club #30000, also known as “Mega Robot.”

The Collaboration

Marijuana Industry To Penetrate Nft Ecosystem

FarmHouse Inc. is recognized as a marijuana business aiming to enter the NFT market. According to reports, FarmHouse will serve as the main conduit between cannabis companies and holders as a result of the company’s most recent licensing agreement with Mega Robots. 

It should be noted that FarmHouse has been actively increasing its non-fungible token licensing portfolio since June of last year. According to reports, the company currently offers collections from well-known brands including Bored Ape Yacht Club, MAYC, CryptoPunks, Meebits, CrypToadz, and more.

NFTs and Sales

Marijuana Industry To Penetrate Nft Ecosystem

The Mega Robot NFT, owned by Twitter user @Mr Robot, is known as one of the incredibly rare 12 Mega Mutant Apes and has a special position in the Bored Ape Yacht Club universe. Moreover, the collection purportedly became the first non-fungible token to undergo this mutation when it used “Mutant Serum” to transform into a Mega Mutant Ape.

The Mutant Ape Yacht Club, on the other hand, is a non-fungible token collection run by Yuga Laboratories. Users can change the existing Bored Apes by exposing them to a Mutant Serum. Due to its unpredictable potential to change a Bored Ape, the aforementioned Mega Serum is referred to as the highly sought-after collection. One of the twelve Mega Mutant Apes, the Trippy Mega Mutant Bored Ape #30005, was sold for a record-breaking 2300 ETH back in the second quarter of 2022.