THE Dalmore Highland Single Malt has entered the world of crypto currency thanks to the release of it’s first non-fungible token (NFT).
NFTs are digital collector’s items which signify ownership. Working in partnership with NFT sales platform BlockBar, the distillery auctioned the limited edition The Dalmore Decades No.4 Collection with an accompanying NFT in December.
The Dalmore Decades No.4 Collection includes expressions from 1979, 1980, 1995 and 2000.
This follows on from the auction of The Dalmore Decades No.6 Collection, which set records by fetching $1m at a Sotheby’s auction in Hong Kong.
Gerry Tosh, private client director at The Dalmore, said: “The Dalmore Decades selection is a truly outstanding example of this, and with the landmark auction of The Dalmore Decades No.6 Collection last month setting new records, the No.4 Collection offered as an exclusive NFT signifies a fantastic opportunity for the crypto-curious to explore single malt whisky as an investment.”
Dov Falic, chief executive of BlockBar, said the firm was “delighted” to be part of the “momentous occasion for Dalmore.”
“Through transparency, authenticity and quality assurance, BlockBar is able to bring a solution to the current hurdles in the luxury spirits market,” he said.