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Budweiser, one of the best-selling beers in the world, is rumored to be entering the crypto space with a new domain and the purchase of NFT.

Rumors abound today about the world-famous Budweiser beer brand’s intentions to enter the cryptocurrency market.

It all began when Budweiser changed its Twitter profile picture to a Budweiser rocket that had been purchased as an NFT on the OpenSea market. This rocket was created by Tom Sachs Rocket Factory, who published his work in the Beer.Ethical category.

Budweiser Bought a Beer-Themed Ethereum Domain NFT | Crypto Briefing

No further investigation was required, and ETH investigators discovered that Budweiser had purchased the domain name Beer.eth for 30 ETH ($95.5K).

In this case, Budweiser paid 8 ETH, which is approximately $25.5K, for the NFT, which is referred to as “Life of the Party” in Budweiser’s profile photo.

Fans of ETH and the entire crypto community reacted positively on social media almost immediately, prompting Budweiser to issue an official statement on the matter, which we believe will happen soon.

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