A Bored Ape NFT Holder Lent His Primate To Be The Logo Of A New Cannabis Strain

Photo by The Verge

A Bored Ape NFT Holder Lent His Primate To Be The Logo Of A New Cannabis Strain

Bored Ape Yacht Club #768 is now the logo for Backpack Boyz's "Crypto Gelato" flower.

Californian entrepreneur Richard Lee first bought a Bored Ape NFT in May last year, not knowing it would help him create a new marketing partnership with cannabis brands. The NFT was the Bored Ape Yacht Club #768, a furry white ape wearing a blue hat and a silver hoop earring, which Lee named Crypto Painter. 

The NFT sold for 1.15 ETH, which comes out to roughly $3,000 USD. After wondering how he could see some profit off his NFT without selling it, Lee turned to a California-based cannabis company called Backpack Boyz. 

After proposing his business plan to Backpack Boyz, Lee was used the “fake it ’till you make it” motto even though he was aware of the lingering skepticism in the air. “‘You’re gonna put an ape on this bag, and you’re gonna make a new flavor, but like, who’s gonna buy this?’ is kind of what they were thinking,” Lee told The Verge. 

But, alas, Lee’s plan was successful, resulting in a futuristic cannabis packaging boasting a crisp ice blue color scheme. The package holds a logo consisting of Lee’s Bored Ape, which he was able to license for the new ‘Crypto Gelato’ flower. 

A Bored Ape NFT Holder Lent His Primate To Be The Logo Of A New Cannabis Strain

Photo courtesy of Bored Ape

Once the plans were set in stone, Backpack Boyz and Lee were taken by surprise regarding how quickly the flower was selling throughout California. It started with the grand opening of Backpack Boyz’s San Diego retail storefront in December, and the Crypto Gelato flower was the store’s bestselling item. 

After that, Lee told The Verge that “It kind of blew up,” especially when the flower started selling at Rolling Loud Music Festival, which attracted an eager crypto-loving audience who quickly bought all Crypto Gelato flower. Months after the flower hit the market, it’s still Backpack Boyz’s bestselling product throughout California, and the company often faces a lack of supply to meet the product’s growing demand. 

The Verge notes that Lee’s main goal from the beginning was to make Crypto Painter a star, which all started with the Crypto Gelato flower. But it doesn’t end there; Lee is allegedly in partnership with another cannabis company, and plans should be announced in the following weeks. 

Herb Recommended Products:

Featured Brands:

Herb Recommended Products:

READ MORE

How To Best Pack A Bowl With Ground Weed
Guides |
19.08.2019
How To Best Pack A Bowl With Ground Weed
How To Make Hash At Home Using Kief From Your Grinder
Guides |
14.08.2019
How To Make Hash At Home Using Kief From Your Grinder
Scientists Reveal Magic Mushrooms Existed For Over 60 Million Years Before Humans
Learn |
17.01.2024
Scientists Reveal Magic Mushrooms Existed For Over 60 Million Years Before Humans
5 Things You Face When You Try Dabs For The First Time
Guides |
22.03.2023
5 Things You Face When You Try Dabs For The First Time
15 Questions Every First-Time Weed Smoker Wants Answered
Learn |
08.05.2023
15 Questions Every First-Time Weed Smoker Wants Answered
Can You Get Sick From Dirty Bong Water?
Learn |
07.05.2024
Can You Get Sick From Dirty Bong Water?
Buy THC Cannabis Oil Online
Guides |
11.01.2024
Buy THC Cannabis Oil Online
The Best Places To Smoke In Tampa
Guides |
14.10.2022
The Best Places To Smoke In Tampa
The 13 Most Expensive & Craziest Bongs In The World
Guides |
13.08.2019
The 13 Most Expensive & Craziest Bongs In The World
24 Best Portable Pipes To Buy In 2024
Guides |
21.12.2021
24 Best Portable Pipes To Buy In 2024