Frequently Asked Questions
What is the Bud Light N3XT Collection?
The Bud Light N3XT Collection is comprised of 12,722 generative tokens that celebrate innovation, community and the next generation of creators. The tokens are generative artworks created from randomized two-part backgrounds with icons representing our passions. There are two types of rarities: N3XT and Diamond, which will be revealed after mint. Tokens holders have access to exclusive benefits including voting rights on future initiatives (like brand merch), rewards, and surprises.
This NFT is your key to the world of Bud Light NEXT, for all 21+ holders. Terms and Conditions apply.
Why is Bud Light NEXT Launching an NFT Collection?
NFTs are central to movements taking place in the financial and creative worlds – redefining how we think about creativity, community, and ownership.
At zero carbs, 80 calories and 4% ABV, Bud Light NEXT is here to redefine beer’s light beer category. Both NFTs and Bud Light NEXT look towards the future. With the Bud Light N3XT Collection we celebrate this moment in time with both our first-ever zero carb beer and our entry into the NFT space.
What is the price of the tokens?
Both N3XT and Diamond tokens (limited to 80 tokens) will be sold at a flat purchase price of $399. At purchase, your token will be randomly generated.
Some incentives of owning a Bud Light N3XT Collection token include unique roles in Bud Light’s Discord server with voting abilities on fun future initiatives and being part of an active NFT community.
Other incentives include early access to merch drops, eSports/gaming experiences utilizing our TWITCH platform and partnerships, and much more. These incentives apply to U.S. holders only.
How can I purchase from the Bud Light N3XT Collection?
NFTs can be purchased directly through our website budlight.com/nextnft with the cryptocurrency ETH, Bitcoin, or with a credit card, just like any other online purchase.
Can NFTs be returned and buyers refunded after purchasing?
NFT sales are final and returns or refunds will not be offered after purchase. Those interested in purchasing from the Bud Light N3XT Collection can review sales terms and conditions at ab-inbev.com/nftterms.
How many can I buy?
There will be a $10,000 cap per person per day for all purchases. This applies for one transaction or multiple transactions, including “gas” fees and sales tax.
Are the NFTs available to buy from my country?
NFT purchases are only available in the U.S.
What Can I Do with my NFTs?
These NFTs can be collected. Bud Light N3XT Collection NFTs are created for a 21+ (or legal drinking age) audience and do not include commercial rights.
What are NFTs?
NFTs (Non-Fungible Tokens) are unique digital assets that are secured and contained on the blockchain. The blockchain verifies ownership, provenance, and transaction history in relation to the NFT. You will receive a limited license to the generative artworks by buying the NFT subject to the Terms and Conditions, meaning that you don’t actually own the intellectual property rights.
What is Blockchain?
Blockchain is a system of recording information in a way that makes it difficult or nearly impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
What is a “wallet”?
Your crypto wallet is where you can view your cryptocurrency assets and transactions, all in one place. It’s also where you confirm any transactions in process. Different wallets have different features. For example, some allow you to view NFTs from a smartphone. Popular wallets include Coinbase and Metamask.
What is minting?
NFTs are created through a process called minting. On the Ethereum network, a command is run that creates the NFT as an immutable record, providing it with a unique hash that contains all of the metadata. The metadata stores key contextual information about your NFT, like its current ownership and transaction history. Sites including opensea.io and etherscan.io allow you to view your NFT collection and NFTs in other collections.
What is ‘Gas’ or minting fees?
The blockchain depends on processing power provided by a decentralized network of computers. Minting fees, often called “gas fees” are what the members of this network earn in return for the processing power they provide. Gas fees can fluctuate according to the amount of traffic on the blockchain at any given moment but cannot be avoided. To limit wide fluctuations and avoid high fees for our fans, a flat-fee of $75 will be automatically added to each NFT purchase.
What makes an NFT different from other kinds of digital art?
When you collect an NFT, your artwork has a public record on the blockchain it was created on. This makes provenance public and verifiable and permits for instantaneous transactions on the secondary market.
How can I pay for my NFTs?
NFTs can be bought with a credit card, just like any other online purchase. They can also be purchased with cryptocurrencies ETH or Bitcoin via Coinbase Commerce.
How can I get ETH (Ether)?
First, you must purchase Ethereum (ETH) through an online exchange. We recommend using Coinbase. Once you have purchased ETH, you will need to have it in your coinbase.com wallet in order to buy an NFT token.
Please note there are limits on the amounts of ETH you can buy and sell based on your account and the platform you’re using to purchase ETH. There are also time delays from when you buy your ETH to when you can transfer it to your wallet to make NFT purchases. Most platforms require you to hold the money in your wallet before you can transfer it to use for purchases.
How Can I Protect my NFTs?
Your digital wallet will come with a 12-24 word ‘seed phrase’ that acts as the password to your wallet. Never, ever share this seed phrase with anyone. We also recommend keeping a written, physical copy of your seed phrase for access offline. If another person gains access to your seed phrase they can take control of your wallet and everything it contains.
Where is my NFT collection?
You can view your NFTs directly in your wallet, either on a smartphone or desktop computer.
You may use digital marketplaces that aggregate digital collectibles and NFTs. Popular examples include opensea.io and etherscan.io.
How Long Until I Receive my NFT?
Depending on the amount of transactions pending on the blockchain, it can take up to 48 hours for the NFT to land in your wallet. This is totally normal. Thank you for being patient!.
Once you complete your transaction you will receive an email with instructions on how to receive your NFT. That email will take you to a page where you will enter your wallet address. Once that information is submitted the command to mint the NFT will be sent to the blockchain. If gas fees are unusually high, your NFT minting will be put in a queue and will be processed once gas fees drop below $150.
What is the Primary Market?
Primary Market or Primary Sales are the first time an NFT is sold. This can either be a purchase from the NFT creator or an NFT that is minted on purchase.
What is the Secondary Market?
“Secondary market” refers to all NFT sales that occur after the initial NFT purchase. The most popular secondary marketplace to buy NFTs include OpenSea.io
What are you doing about the environmental impact of your NFT collection?
We have partnered with a carbon footprint tracking company to track our carbon impact, with a goal to be 100% climate neutral for all NFT projects launched in 2022 and going forward.