Announcing the BeaNFT Genesis Collection

We have been thrilled by the growth of Beanstalk in its initial 50 days, but especially over the past week. While the current debt cycle presents a true test for Beanstalk, we remain confident in the ability of the protocol to return the Bean price to $1.

Today, at the start of Season 1200 (the 50 day mark of Beanstalk), we are proud to announce the BeaNFT Genesis Collection.

BeaNFT Genesis Collection is a series of up to 6000 Bean NFTs which can only be minted by participating in Beanstalk.

The rules are simple:

• There will be up to 10 BeaNFTs minted each Season for the next 600 Seasons. Starting at Season 1200, every transaction that Sows Beans during the BeaNFT mint has a chance to win a BeaNFT.
• The top 10 largest Sow transactions each Season will be awarded one of the 6000 BeaNFTs.
• From the 10 largest transactions, the rarity of the BeaNFT will be issued according to the order of the transactions within the Season (first gets the rarest).

Some technical details:

Decentralized: The NFT minting process will happen in a decentralized fashion. A subgraph has been deployed to track the transactions starting at Season 1200. The subgraph can be found here:

Fair Launch: Only 1 BeaNFT will be minted and distributed deterministically: BeaNFT #0 goes to Nick Mudge, the author of EIP-2535. All other BeaNFTs can only be minted by Sowing Beans.

Minting: Starting at Season 1296 winners from each Season can claim and mint their NFTs directly on bean.money in the NFTs section of the website.

Live: The BeaNFT is live. You can Sow Beans on bean.money to become eligible for a BeaNFT.