The craze for non-fungible tokens has reached the cannabis space.
In Forbes, Chris Roberts and Javier Hasse separately look into how the craze for blockchain-enabled non-fungible tokens (NFTs) has reached the cannabiz, though it’s not clear why anyone would pay $61.02 for a “bag” of digital weed, called “Lava Coin,” except that in this case it comes with real weed.
The reason why someone would want digital weed is the uniqueness,” said Grundy, adding that blockchain-based proprietary genetics would settle at least one eternal question in the weed world: who came up with what strain, with the exact genetics identified, and who did it first.
“I think we will continue seeing these things in the future,” he added.
But for now, there’s only one Lava Coin.