Long Ash Podcast EP. 125 NFT???

August 26, 2022

On this week’s episode of The Long Ash Podcast, Nick and Secret Chris get into the NFT discussion, specifically, the one circulating around the cigar world since August 11th. La Flor Dominicana started their auction on the Golden Bull NFT earlier this month.

The minimum bid for all seven NFTs will start at $20,000, with each auction taking place at 48-hour blocks.  If you end up owning the Golden Bull NFT, you’ll have the right to buy up to 70 Golden Bulls per month. The 6. 25 x 42 ring Lonsdale has a retail price of $15 per cigar and comes in 14-count-boxes. Another perk for the owners of this NFT is that they will be able to buy one to five boxes a month.

As of today, La Flor Dominicana’s NFT project has generated over half a million dollars. With all of this being said, Nick and Chris spent most of the episode trying to understand what in god’s name was an NFT and tried to understand the value of the NFTs as a whole.

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