Beanstalk Farms · September 25th, 2021
We have been thrilled by the growth of Beanstalk in its initial 50 days, but especially over the past week. While the current debt cycle presents a true test for Beanstalk, we remain confident in the ability of the protocol to return the Bean price to $1.
Today, at the start of Season 1200 (the 50 day mark of Beanstalk), we are proud to announce the BeaNFT Genesis Collection.
BeaNFT Genesis Collection is a series of up to 6000 Bean NFTs which can only be minted by participating in Beanstalk.
The rules are simple:
Some technical details:
Decentralized: The NFT minting process will happen in a decentralized fashion. A subgraph has been deployed to track the transactions starting at Season 1200. The subgraph can be found here:
Fair Launch: Only 1 BeaNFT will be minted and distributed deterministically: BeaNFT #0 goes to Nick Mudge, the author of EIP-2535. All other BeaNFTs can only be minted by Sowing Beans.
Minting: Starting at Season 1296 winners from each Season can claim and mint their NFTs directly on bean.money in the NFTs section of the website.
Live: The BeaNFT is live. You can Sow Beans on bean.money to become eligible for a BeaNFT.