Budweiser Owner's Investment Division Corona Backs Blockchain ID Startup
Popular brewer Budweiser has partnered with Zed Run to develop tokenized Clydesdale draft horses in its NFT-based virtual horse racing and gambling game.
Budweiser's latest move comes on top of the $120,000 it spent on a fan art NFT and the purchase of the Beer.eth domain name it acquired through the Ethereum Name Service in August 2021.
Zed Run was founded by Sydney-based Virtually Human Studio in early 2019, and its racehorse NFT were initially minted and sold for around $30-$80, but have since become highly sought after assets They trade by the thousands on the secondary markets.
A user sold a single racehorse for $125,000 in April 2021.
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