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A Macallan Cask NFT Sold For $2.3 Million. What Does This Mean For Whisky Collectors?
Forbes ^ | Oct 31, 2021 | Gina Pace

Posted on 11/03/2021 11:16:03 AM PDT by aMorePerfectUnion

Are NFTs the next big thing for high-end whisky collectors?

Two entrepreneurs that were behind a record-breaking $2.3 million sale of a 1991 The Macallan cask earlier this month certainly think so.

The double-size cask, a first-fill sherry butt distilled at The Macallan, which currently holds about 600 bottles of 30-year-old whisky, was sold at auction. It included a digital asset from artist Trevor Jones called “The Angel’s Share,” which is an uncompressed scan of Jones’ oil painting as well as an animated component.

The sale was a partnership between Origin Protocol, a company that drops NFTs, one-of-a-kind digital assets that a person can buy or sell in the Ethereum blockchain, and Metacask, a marketplace for whisky cask NFTs. Origin was part of the $11.7 million sale for the musician 3LAU and the $760,000 on the Charlie Bit Me video, has worked with controversial YouTube star Jake Paul and recently brought on Paris Hilton as a strategic investor.

“The owner had gone to Bonhams and received a valuation for it until we can along and said let’s do this NFT,” Siriwardana said. “When you buy this NFT, you are now the owner of the cask. It’s a slightly different concept to what you find with art, where often the asset itself is the NFT. Here the NFT is also the contract that you own the cask.”

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Hobbies
KEYWORDS: art; blockchain; godsgravesglyphs; macallan; ntf; oenology; whisky; zymurgy
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To: All

It means I have a A Macallan Cask NFT thirst but a Wild Turkey budget.


21 posted on 11/03/2021 12:10:30 PM PDT by BipolarBob (I had to change my homepage because it was embellished somewhat. Apologies to all.)
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To: Yo-Yo
which currently holds about 600 bottles of 30-year-

There are about 25 shots in a bottle. so that is about $150 per shot. I can buy a 21 yr old Mccallan for about the same price

22 posted on 11/03/2021 12:23:53 PM PDT by FatherofFive (We support Trump. Not the GOP)
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To: aMorePerfectUnion

nice...

How’d you know I wanted to be on this list? lol

this saturday, I’m hosting a crypto and whisky dinner (and cigars....)


23 posted on 11/03/2021 12:34:19 PM PDT by ConservativeDude
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To: ConservativeDude

What Does This Mean For Whisky Collectors?

A whole lot of whisky that people will never drink...


24 posted on 11/03/2021 12:41:55 PM PDT by algore ( )
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To: Bigg Red
as opposed to this AI generated rendering


25 posted on 11/03/2021 2:33:15 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Chode

Crazy.


26 posted on 11/03/2021 3:40:09 PM PDT by Bigg Red (Trump will be sworn in under a shower of confetti made from the tattered remains of the Rat Party.)
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To: BipolarBob

“It means I have a A Macallan Cask NFT thirst but a Wild Turkey budget.”

My grandmother used to call it “a Champagne taste and a beer pocketbook.”


27 posted on 11/03/2021 5:17:00 PM PDT by dsc (Their swords and every terrible implement of the soldier are the birthright of Americans.)
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To: glennaro

Plated?


28 posted on 11/03/2021 5:26:45 PM PDT by AndyJackson
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To: dsc

Yeah, it’s my riff on that saying.


29 posted on 11/03/2021 6:18:16 PM PDT by BipolarBob (I had to change my homepage because it was embellished somewhat. Apologies to all.)
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To: BipolarBob

I wasn’t trying to “correct” you; it just made me think about Granny’s sayings.


30 posted on 11/03/2021 6:20:57 PM PDT by dsc (Their swords and every terrible implement of the soldier are the birthright of Americans.)
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To: dsc

understood. I get things a little mixed up. As grandpa used to say “I don’t remember as good as I once did, but I can remember once as good as I ever did”. or something like that.


31 posted on 11/03/2021 6:31:02 PM PDT by BipolarBob (I had to change my homepage because it was embellished somewhat. Apologies to all.)
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To: BipolarBob

The only thing I can do as good as I once did is piss people off without meaning to.


32 posted on 11/03/2021 6:38:53 PM PDT by dsc (Their swords and every terrible implement of the soldier are the birthright of Americans.)
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To: dsc

well, you’ve got that going for you. And nobody can take it away from you either.


33 posted on 11/03/2021 6:50:42 PM PDT by BipolarBob (I had to change my homepage because it was embellished somewhat. Apologies to all.)
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To: BipolarBob

“well, you’ve got that going for you. And nobody can take it away from you either.”

That is the funniest thing anyone has said to me in longer than I can remember.

In all fairness, I can only remember back to around lunchtime today, but still, really funny.


34 posted on 11/03/2021 7:07:03 PM PDT by dsc (Their swords and every terrible implement of the soldier are the birthright of Americans.)
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To: BipolarBob

Wild Turk aint bad tho....and I like my 14-18 yo scotch.


35 posted on 11/04/2021 12:03:58 AM PDT by griffin
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To: FatherofFive

You sure about that? Cuz Im thinkin more like 21 yo for greater than $500.


36 posted on 11/04/2021 12:07:16 AM PDT by griffin
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