0xd05524f3…958fsent to0x56fd5d50…e277·#16,150,232·0xadfdab34…b20ad6
# SweepTank Ep. 6 - NUGGIES
## Summary
NUGGIES is a collection of 1,420 NFTs brought to you by real cannabis experts and an IRL dispensary brand out of Miami, Florida, “The Medi-Den”. NUGGIES holders receive exclusive IRL and Web3.0 Utility through heavy discounts on CBD/THC products (Shipped Internationally, straight to your door), as well as individual revenue share payouts to each unique holder.
NUGGIES branded products such as gummies, pre-rolls, moonrocks, flower & more will be available to holders at tiered discounts from wholesale pricing and the revenue brought in through this business will be shared with holders every quarter in ETH through passive staking. Holders will also have the opportunity to network with local smoke shops to provide NUGGIES products at wholesale pricing. Holders will be eligible to receive additional income from any products they get on shelves using an
affiliate code system.
This is only the beginning for the NUGGIES brand as the collection just recently sold out after showing consistent growth and generating consistent mints throughout the recent bear market. The project also seeks to provide white labeling services, IRL events, WL for upcoming exclusive projects & partnered giveaways for holders.
The community has shown itself to be one of the most tight knit within the cannabis/web3.0 space and continues to grow their presence and floor price organically. Their founder @NFTGANGBIZ is incredibly rooted within the NFT space and has been very active and hands-on with the community. He and many devoted members are always in Discord welcoming new holders and educating people on the vision of the brand.
*Important to Note:* NUGGIES and their Founder have shown strong ties with the KILLABEARS community, with many shared holders beginning to show public support for the project. Both projects share a unique accomplishment in finding success within a Bear Market. Additionally, collabs using unique IP rights for BAYC have already been completed and NUGGIEs will be showcasing exclusive pre-rolls within the coming months.
## Methodology
After minting out their entire collection at tiered mint prices of .015, .025 & .035, NUGGIES FP has organically grown to .08 in the last 7 days with many sales for higher ranks now going at over .1 ETH.
With only 4% currently listed, the SweepTank treasury has a great opportunity to invest in a project & brand that has shown overwhelming success within a bear market. By holding only 1 NFT, SweepTank will gain access to revenue share payouts and can provide discounted NUGGIES products to treasury members.
NUGGIES has an extremely diverse portfolio of services from branded products, white labeling using unique IP rights, ETH Royalty Pay Outs, an affiliate program, IRL events, merchandise & more. The combination of utility and an incredibly experienced team/founder makes NUGGIES a force within the Web3.0 space.
When their Royalty pay out program, Web3.0 store, & affiliate program are fully introduced in 2023, this project will become even more difficult to get into at a low entry cost.
## Conclusion
The success of the project recently really speaks for itself and shows no signs of slowing down anytime soon. Very few IRL brands have successfully integrated themselves into Web3.0, however NUGGIES has proven to be an exception and is absolutely killing it with their branded products and white labeling success. Invest in real people and real experts. Sweep the floor, add to the vault and get access to an incredibly portfolio of services from the NUGGIES community!
The advisors of SweepTank have deemed this project worthy of a Sweep Proposal. Therefore, we are passing it off to the Sweepers community to decide whether or not we should sweep NUGGIES NFTs and place them in the Vault.nuggies-v2