Thursday, March 23, 2023
    HomeBlockchainMetacask to auction rare 1988 whisky cask for $3 million

    Metacask to auction rare 1988 whisky cask for $3 million


    • Metacask is ready to public sale the uncommon whisky cask beginning 12 February, with the 35-year-old cask asking value debuting at over $3 million.
    • The cask is held as The Macallan Distillery in Scotland.
    • A digital artwork and NFT will probably be provided as a part of the sale.

    Metacask, a number one market for spirits casks and bottles, is ready to public sale off a uncommon 1988 whisky cask from The Macallan Distillery, Scotland.

    In line with the CasperLabs blockchain powered platform, the sale is for a 35-year outdated uncommon Scotch whisky cask. 

    The quantity #4178 cask comes with a 1/1 animated artwork dubbed ‘The Dragon’- a masterpiece by considered one of Italy’s most famed artists Ruben Frosali.

    Metacask’s extremely anticipated cask public sale

    The 35-year-old whisky cask is debuting at over $3 million and its public sale follows Metacask’s latest success with a 1991 cask sale, which fetched greater than $2.3 million.

    Metacask auctioned a 1991 cask  ‘The Angel’s Share’ in 2021, now simply over a 12 months later, we’re again with one other much-anticipated public sale,” Metacask co-founder and CTO Nim Siriwardana famous in an announcement.

    The most recent public sale is scheduled for between 12 and 19 February 2023 on the Metacask marketplace. Bidding is open to USD whereas settlements will probably be in both financial institution switch or cryptocurrency. 

    As a part of the sale, the customer will get an audio-visual non-fungible token (NFT) of the unique Ruben Frosali artwork, Metacask stated in a press launch. The NFT will function a digital deed,offering for not simply possession and provenance but in addition helpful for value discovery.

    Potential consumers would possibly need to know that the whisky was final regauged at 51.2% alcohol by quantity (ABV), with roughly 495 bottles remaining.

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