The Dalmore Highland Single Malt brand recently partnered with BlockBar, the non-fungible token (NFT) marketplace for luxury wine and spirits, to offer a limited edition liquor NFT with a set of The Dalmore Decades No. 4 Collection.
This will be the only set within the Dalmore Decades selection that will correspond to a digital NFT, making it what’s described as a one-of-one collector opportunity.
This Dalmore Decades No. 4 Collection available via NFT on BlockBar bridges the physical and digital worlds for the first time in The Dalmore’s 180 year old history, the first to be digitized and sold in an exclusive set through an NFT directly to a buyer.
This “asset-backed NFT” from the BlockBar platform is said to guarantee the buyer authenticity and ownership verification, as well as offers a storage solution and handles insurance.
The NFT announcement follows the recent record-setting sale of The Dalmore Decades No.6 Collection in October, which achieved a record $1.1 million USD at Sotheby’s Hong Kong. The sale price represents the highest value for a whisky lot sold at Sotheby’s so far this year and the most valuable whisky lot ever sold by Sotheby’s in Asia.
Gerry Tosh, private client director for The Dalmore, said in a prepared statement they “offer some of Scotland’s most rare and precious whisky stocks, remarkable in their desirability to collectors, investors, and drinkers alike. 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.”
One of 25 sets, this No.4 Collection, set No.21, contains four Decades whiskies (1979, 1980, 1995, 2000), hand-selected by Master Distiller Richard Paterson, from a single malt that celebrates The Dalmore’s long standing relationship with iconic sherry maker González Byass, to the first Scotch created in the new Millennium.
Each decanter in the collection is engraved with an exclusive set number and wears a black collar and stopper, presenting a chance to own what’s said to be four historic moments in Scotch history. Each set is displayed within one bespoke display pedestal, with individual compartments to house each decanter, and with each whisky’s unique story engraved upon the door.
In addition to the collection, the NFT owner will receive an exclusive opportunity to visit The Dalmore Distillery, nestled in the Highlands of Scotland, and taste some of the rarest Dalmore whiskies in the warehouse, hand drawn from the cask, then followed by a dinner.
“We’re delighted to be a part of this momentous occasion for Dalmore, as their first NFT launch partner,” said Dov Falic, CEO of BlockBar. “Through transparency, authenticity, and quality assurance, BlockBar is able to bring a solution to the current hurdles in the luxury spirits market, and we’re excited to partner with The Dalmore to make that happen.”
The Dalmore Decades No.4 Collection will be offered via NFT on Dec. 7th at 10 a.m. EST using a lottery mechanic. A lobby will become available on BlockBar.com 30 minutes ahead of the drop, whereby to enter, prospective buyers must have one ETH in their metamask wallet. The lobby will close at the drop time with one buyer randomly selected with the ability to purchase. The set will be available for $137,700 USD and can be purchased from Blockbar with Ethereum (ETH) or by credit card.