With the explosion in value and popularity of cryptocurrencies, it's not so surprising that non-fungible tokens, or NFTs, would follow in their tracks. Well, it wasn't exactly the NFT itself that was so valuable, but rather the cask of Scotch whisky, equivalent to about 608 bottles of 51% alcohol by volume whisky, that was attached to it and a digital image of a painting of the cask that was represented by the NFT that brought the auctioneer's gavel down. Founded in 1824, The Macallan Distillery in Scotland can produce as much as 15 million liters of the spirit annually, which can sell for between $60 for a double cask 12-year-old to $7,800 for a crystal decanter of The Macallan M. Read More...
With the explosion in value and popularity of cryptocurrencies, it’s not so surprising that non-fungible tokens, or NFTs, would follow in their tracks. Well, it wasn’t exactly the NFT itself that was so valuable, but rather the cask of Scotch whisky, equivalent to about 608 bottles of 51% alcohol by volume whisky, that was attached to it and a digital image of a painting of the cask that was represented by the NFT that brought the auctioneer’s gavel down. Founded in 1824, The Macallan Distillery in Scotland can produce as much as 15 million liters of the spirit annually, which can sell for between $60 for a double cask 12-year-old to $7,800 for a crystal decanter of The Macallan M.
Add Comment