MonsterBuds is a cannabis-inspired NFT collection and platform currently bridging the gap between the two budding industries (no pun intended). The MonsterBuds NFT project was released in September 2021 and since then, has amassed over 3,600 ETH in trading volume ($13m at the time of writing @ $3742 / ETH).
When MonsterBuds originally released their collection of 10,420 unique, hand-drawn, generative Buds, they quickly sold out over an 8 hour period. Since then, they’ve cultivated an incredible community of 10k Twitter followers and over 10,000 Discord members, all while continuing to release new developments to their platform and gamification.
In the three and a half months, they have developed mechanics for breeding and smoking their Buds. MonsterBud owners are also able to “smoke” other Buds, this fosters great relationships and connections within the community. The smoking feature is essentially a like button, but there are also weekly competitions for the “Top-smoked Buds” and the “Top Smokers” rewarding the most engaged community members.
MonsterBud owners are also able to “breed” two Buds together to make additional MonsterBuds. The all-time average cost for a MonsterBud is 0.392 ETH ($1,466 at the time of writing at $3,742 / ETH). When you breed, a new generation is created. The new generations start as seeds, which you’ll have to wait five days to grow before you can breed or smoke it. The new generation will equal the highest generation of the parents + 1.
Example:
● Gen 1 + Gen 1 = Gen 2
● Gen 2 + Gen 1 = Gen 3
● Gen 5 + Gen 2 = Gen 6
The MonsterBuds team has also released their own dedicated marketplace, where users can go to buy and sell MonsterBuds instead of using another third-party marketplace. This comes with many benefits, including eliminating seller gas fees and implementing cheaper gas fees for buyers—saving tons in additional costs. Another benefit includes having the 2.5% royalty that would otherwise go to another marketplace such as Opensea, go directly to their community treasury, where their community will be able to vote on how and where the funds are spent.
While these developments are huge on their own, one of the biggest developments MonsterBuds has going for them right now is their upcoming play-to-earn game, MonsterBuds smoke session. Fast, exciting gameplay mixed with play-to-earn functionality, MonsterBuds Smoke Session will be a go-to game for cannabis lovers everywhere. This game not only benefits MonsterBud holders but everyone who would want to play. Players will be able to select a team of MonsterBuds, each being factored into the overall Tolerance Score. The team that loses their tolerance and passes out will lose the game. MonsterBuds Smoke Session is scheduled to come out sometime this year.
Going back to bringing both industries together, MonsterBuds has already cultivated several huge partnerships, including partnering with Raw Rolling Papers, Packwoods, and Cannabis Talk 101 for starters. These three partners signify the incredible positioning that MonsterBuds has right now and is a clear indicator of where they are headed. You can buy MonsterBuds on their website, or you can follow them on Twitter, Instagram, or Discord for all new updates, announcements, or more information on the collection.
