Los Angeles, California Nov 22, 2021 (Issuewire.com) - A Single Malt Whisky store has been launched on Mintable, tokenizing real bottles in a novel approach to whisky trading. The store’s creator envisioned a way to trade whiskys while travelling around the world, without having to keep an inventory of physical bottles on hand.
“I imagined the great idea of collections that can be taken around the world when I travel with my backpack. I have a small Single Malt Whisky Collection on whiskybase (MalteWitzky - Whiskybase - Ratings and reviews for whisky). I'm tokenizing them all as Zil NFTs and will have them in my wallet wherever I go, which will allow me to trade with ease as I travel.”
Every Single Malt Whisky (except for a few mass-market products) is unique, limited and in many cases already numbered. It has a story, a history, and is aged in specially selected unique casks.
The NFTs represent a real-world asset, which is the real bottle of whisky, safely stored in a collectible state. Someone who owns a Single Malt Whisky Real World Asset NFT can request the delivery of the actual bottle to their address, wherever they are. To redeem the physical bottle, the recipient will have to submit their NFT and pay for the delivery.
The creator of the Single Malt Whisky NFTs has further planned to tokenize auction whiskies and work with distilleries to catalogue their bottles to lay out how many bottles remain from specific casks.
He also has a second store, the Vesuvius NFT Bank, where he tokenizes real-world assets, making it possible to stake precious metals, stocks, and collectibles like bullion, visual arts, and more on the blockchain to earn interest on them. This would make it possible to earn interest via staking blockchain assets.
“These small stores are the beginning. I have a vision of decentralized NFT staking, collection staking and always being able to exchange with real-world assets. But the intention of tokenizing real-world assets is to trade, collect, stack, and even stake NFT.”
Tomatin Single Cask CS 2003
Deanston 2007S VCS
Ardmore 2009 SV Single Cask CS
----------
ABOUT MINTABLE
Mintable is a next-generation non-fungible token (NFT) marketplace built on the Ethereum & Zilliqa blockchain. Launched in 2018, Mintable has pushed the NFT industry forward by being the first to design gasless minting, batch minting, and royalties, empowering artists and creators to monetize their work via NFTs. Mintable’s gas-free minting option allows the everyday person to get involved with NFTs without any prior knowledge in coding or upfront cost of minting an asset – a great way for everyone to get into crypto. In 2021, Mintable announced the backing of a list of high-caliber investors including renowned venture capitalist and television personality, Mark Cuban, Sound Ventures, the venture fund founded by Guy Oseary and Ashton Kutcher, and TIME Ventures, the investment fund for Marc Benioff. To date, Mintable has sold and auctioned works by Grammy-Award-winning artists, 20th-century avant-garde artists, and various high-profile artists and celebrities.
For more information, please visit: https://www.mintable.com/
To stay in touch with Mintable, follow us on our social media:
Linkedin: https://www.linkedin.com/company/mintable
Twitter: https://twitter.com/mintable_app
Instagram: https://www.instagram.com/mintable_app
Discord: https://discord.com/invite/ScDMhWW
Media Contact
Mintable.app info@mintable.app https://mintable.app
