We have started the minting of BEER tokens utilizing Ethereum ERC20 standards and smart contracts. BEER tokens will utilize Ethereum's token technology, which creates liquidity via an exchangeable digital token that is automatically compatible with any wallet or exchange also using this standard token API.
BEER tokens are utility tokens and are intended for use on the Next Craft Beer platform. The BEER tokens are used in the app itself and empower its holders to interact with the app, while facilitating the distribution and sharing of rewards and benefits to all of its holders. One might think of BEER tokens like the tokens they might buy at a beer festival: beer vendors offer their own beers and set their own price in terms of tokens. The user only need to buy tokens once (in exchange for fiat currency) and then can use them throughout the festival. With blockchains tokens we now have a way of issuing and redeeming these tokens digitally.
BUY BEER TOKENS
The launch of Next Craft Beer Tokens coincided with our debut at the 2017 Great American Beer Festival.