The Dalmore is partnering with BlockBar.com, the direct to consumer NFT marketplace for wines & spirits, in the exclusive release of a 33 Year Old Pauillac Premier Grand Cru Classé Finish single malt Scotch whisky.
The rare expression will feature as 223 NFTs (non fungible tokens), marking the first time the Whyte & Mackay-owned distiller will sell an entire cask exclusively on the BlockBar platform.
According to the partners, the collaboration “represents an extremely rare opportunity for whisky connoisseurs and new collectors alike.”
BlockBar was founded by Dov and Samuel Falic of The Falic Group, principals of Duty Free Americas. BlockBar is described as the world’s premier NFT marketplace to connect consumers and collectors with the owners of luxury wine & spirits brands through the exchange of NFTs for unique wines and spirits. |
The collaboration follows a previous NFT-backed sale of The Dalmore Decades No. 4 Collection which sold for US$137,000 in just minutes last November.
The latest partnership offers more than just the opportunity to purchase a rare expression. In September, The Dalmore and BlockBar will invite holders of this NFT to an exclusive event to celebrate the bottling of the 33 Year Old from the cask.
The first ten bottles of The Dalmore 33 Year Old will be available to existing BlockBar NFT holders only via a lottery on BlockBar.com on 29 March.
NFT holders of this first drop of ten bottles (priced at US$8,800) will be invited to an exclusive hosted VIP experience at the Highland distillery, flights excluded. The blocklist (pre-sale registration) for the second drop of 213 bottles will launch on 30 March for 48 hours for the general public to sign up ahead of the NFT release on 5 April.
The Dalmore 33 Year Old will be bottled at 51% ABV. Current tasting notes, which include cassis, blackberries, citrus, marzipan, liquorice and soft spices, are expected to develop over time. Bottling of the cask will begin in early September with physical bottles ready to redeem in late December 2022.
According to BlockBar, the NFT serves as a digital receipt that verifies the buyer’s ownership and authenticity of the whisky bottles.
Each bottle will be stored at BlockBar’s secure facility in Singapore, until the purchaser decides to redeem the bottle. Upon purchase, the cryptographic version will be held securely by BlockBar, with a record of authenticity held on the blockchain as a digital certificate of ownership.
The buyer may choose to keep the NFT in their digital bar, gift it, redeem the physical product and have it delivered from BlockBar’s secure storage facility anywhere in the world, or trade the NFT version within the BlockBar.com marketplace.
BlockBar CEO and Co-founder Dov Falic said: “Community is at the heart of the NFT world and with this drop we wanted to celebrate that. By purchasing The Dalmore 33 Year Old Vintage on BlockBar, owners will have the rare chance to attend a celebratory bottling event at a venue chosen by the community, anywhere in the world.
“This is not something you would have the chance to experience with a regular whisky purchase, let alone the fact that this is an exceptionally rare bottle in the first place. It’s something we’re extremely excited to offer in collaboration with The Dalmore.”
The Dalmore Private Client Director Gerry Tosh commented: “Following the success of our first NFT-backed bottle with BlockBar last November, we are pleased to exclusively release 223 bottles of this exceptional 33 Year Old whisky.
“The Dalmore offers some of Scotland’s most rare and precious whisky stocks, remarkable in their desirability to collectors, investors, and drinkers alike and this bottle is no exception.”
