Web3 in Now Half BAYKD.

2 min read

Get Half BAYCD. The Future of Web3 Cannabis.

The future of Web3 cannabis

One of the greatest hurdles in the Web3 space is creating opportunities without creating violations; Half BAYCD has set out to bring ownership of a cannabis company to community holders and are determined to do it in a way that doesnt bring forth securities violations and ensure longevity and sustainability as its primary focus.

Half BAYCD was created as an opportunity for pass holders to either license their own BAYC/MAYC/BAKC/Koda or partner with a holder and do a revenue share on the licensing of the IP.

By leveraging the royalty structure the platform offers a 50% net profit share agreement to be equally distributed amongst licensees for the brand, essentially 6,969 people become ‘owners’ of a multi-national cannabis brand built around Web3 culture.The Platform enables 7 pass tiers, all of which allow licensing to the cannabis brand.

Stoner Pass: The Stoner Pass carries the same benefits as the BAYCD Pass but also grants 20% off of Half BAYCD products at retail partners on online. The Stoner Pass shares the same 30% participation pool as above.

420 Pass: The 420 Pass brings with it the same licensing opportunities and 20% cannabis discounts but also adds a quarterly cannabis care package that will be claimable in participating licensed regions. The 420 Pass shares the same 30% participation pool as above.

Merch Pass: The Merch Pass brings with it the same licensing opportunities and 20% cannabis discounts but also adds a quarterly merch care package that will be redeemable at the e-commerce store with each new drop. The Merch Pass shares the same 30% participation pool as above.

Pack Pass: The Pack Pass brings forth a new licensing opportunity as well as its own unique 10% participation pool that is divided amongst the lucky 420 that hold one. Pack Pass guarantees that the asset will be used on packaging/branding.

Club Pass: The Club Pass has a unique advantage in which a user will have direct involvement in the brand curation and development — this pass doesn’t require licensing to receive a participation share. The Club Passes have their own 10% participation pool shared amongst the 100 lucky holders.

Pheno Pass: The Pheno Pass is for the lucky chosen few, there are only 10 of them to be minted — the Pheno Pass doesn’t have a shared participation pool but rather takes a holder on a journey and will be able to pheno hunt and create a completely distinct genetic structure which Half BAYCD will license for use.

Above is a graphical breakdown of the rarity tiers and their distributions of the net revenues. The outlier is the pheno pass which enables one to license the curated genetics back to the brand at a predetermined split.

Wen product

The company has been working on the packaging and branding for the last 6 months, packaging design work should be finalized at the end of August and production will take roughly 6 weeks.

The initial launch cities will be LA, Denver, Vegas, and NYC — Half BAYCD is an ancillary goods company and are non-plant touching and that enables to insulate users from the cannabis industry regulations.

The company also owns equity in the patents for sublingual strips with cannabinoids, it’s one of the flagship products and are excited to bring to market. Thousands have been distributed at g NFT NYC and received amazing feedback and debuted the first time that Kodas have been licensed to physical goods.

Wen mint

Mint is currently live and have 6969 passes that are minting at .069E — interested Minting at halfbaycd.com

Source: Plato Data Intelligence: Platodata.ai

Author

Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.

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