Disclaimer: The text below is a press release that was not written by Cryptonews.com.
For buyers who are looking to purchase their own Dragons and Bourbon NFT, the minting page is available here: https://mint.liquidcraft.io
The Dragons and Bourbon series is the preliminary release from Liquid Craft and is created in partnership with award-winning distillers – The Heart Distillery. The team at The Heart Distillery has provided the small-batch, premium bourbon crafted explicitly for this release, with each NFT backed by its own individual bottle. The bourbon is created using homegrown and locally sourced ingredients to make a one-of-a-kind batch that cannot be replicated or found anywhere else.
Due to the limited nature of the bourbon, the maiden mint is limited to a total of 1500 NFTs, divided into two separate tiers, with slight variances between each of them.
The Tier One Ethereum option has 750 NFTs available for purchase, each backed by a premium bottle of 123 – proof, cask strength, straight bourbon. The bourbon is stored in a specially designed, rounded bottle at the cost of 0.22 ETH each.
The Tier Two Binance Smart Chain option has 750 NFTs available for purchase, each backed by a bottle of premium 100 – proof, straight bourbon, in a uniquely designed square-shaped bottle, at the cost of 0.75 BNB each.
For anyone who purchases the D&B series, there is eligibility for airdrops of Liquid Crafts native token – $CRAFT, expected to be released at the end of December. The number of airdropped tokens will differ, depending on the NFT tier purchased. There will be up to 4500 $CRAFT tokens available for the Ethereum tier, and up to 1500 $CRAFT tokens for the Binance Smart Chain tier.
In addition to the airdropped $CRAFT tokens, buyers will also be eligible to receive exclusive discounts on future releases, entry to events, access to future promotions, and giveaways.
The methods of trade for traditional liquor investment have remained much the same due to the nature of trading any physical product. The process is often tedious and risky, with a need for brokers and auction houses, as well as a requirement for storage and transportation. There is also the risk of purchasing illegitimate products that have been tampered with or replaced, which means at times, authenticity cannot always be guaranteed. Despite the rising value of collectible liquors, many would-be investors are ill-equipped to undertake the traditional processes involved and are choosing alternative investment options.
Due to the advancements in blockchain technology, namely NFTs and smart contracts, many of the previously mentioned hurdles can be significantly reduced or removed. NFTs are easily bought, sold, traded, or collected, and also remove the need for intermediary processes. The smart contracts within the NFTs, record all transactions by acting as a digital ledger, and every transaction is transparent and public on the blockchain.
The physical product is stored safely with the crafter, removing the authenticity and storage concerns. At any point, the current owner of the NFT can redeem their bottle in a process called harvesting, which will begin a handover process for the physical product, removing the NFT from circulation.
Liquid Craft’s, soon to be released NFT Marketplace, aims to bridge the gap between the traditional liquor investment world and the modern blockchain space, providing solutions to both simultaneously. The marketplace will enable worldwide crafters of all sizes, to create their own liquor-backed NFTs, to showcase to a new international audience.
Currently, breweries, wineries, and distilleries have experienced a devastating period over the last 18 months as the record lows in international tourism has left many with a drastic drop in revenue. NFTs may offer an ability to broaden their customer base, providing a new revenue stream and potential lifeline when it is needed most.
The project and team behind Liquid Craft have set themselves some big goals over the next few months, with the marketplace being only one step in their objective. The objective is to bring in verified crafters from around the world to offer their products as NFTs through the marketplace. This will provide the crafter a much-needed increase in sales, while also offering liquor collectors a significant selection of liquors to choose from – a one-stop shop for all different varieties of wines, spirits, craft beers, and liqueurs.
Marketing is another major objective of the project. In order to increase brand awareness with collectors and crafters, they have partnered with the leading crypto marketing agency Coinpresso to assist with all marketing needs. Coinpresso will be helping with all future releases and will bring with them expert SEO, marketing, and social media management to deliver the Liquid Craft brand to a much wider audience.
In recent days, Liquid Craft has launched the first of many liquor-backed NFT releases with the Dragons and Bourbon series and has more options planned for the coming months. There are expected to be more liquor-backed NFT releases leading up to the new marketplace, as well as the launch of their native token – $CRAFT.
The services and solutions they are providing are inventive and deliver a much-needed point of difference to the current NFT space by bringing tangible value to the digital art pieces. Their use case is genuine and solves problems for different levels of the craft liquor and traditional liquor investment space. At the same time, providing a refreshing change to the NFT releases of late that are valued purely on speculation and hype alone.
Minting Page: https://mint.liquidcraft.io
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