Plant-based foods company Feel Foods $FEEL/$FEEL.C announced earlier this month it will be launching a limited edition NFT collection inspired by plant-based influencers.
Feel Foods NFTs will be available on a Binance powered marketplace and will be awarded to customers who purchase Black Sheep Vegan Cheeze products over the next 25-days on www.feelfoodsco.com.
This is an interesting play by $FEEL, as this is the first I’ve heard of a company in this space getting involved in NFT’s. Given the right circumstance, this could definitely bring in some solid capital for the company.
Shares of $FEEL are currently plumbing all-time lows but are up 12.5% so far on the day.
With $FEEL also launching its own e-commerce platform to distribute its products, I’m looking forward to hearing earnings reports from the company in the near future to see how its marketing strategies have panned out.
With other Canadian plant-based companies like $MYLK seeing some huge interest in the past couple of weeks, I’m optimistic about the potential performance of the Canadian plant-based market as a whole.
$FEEL is currently trading at a price of $.09 and is valued at an MCAP of $6.44 million.
https://ceo.ca/@nasdaq/feel-foods-launches-limited-edition-nft-collection