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A Macallan 1988 Cask, Year of the Dragon NFT
The Rarest Scotch Cask with Digital Artwork Label: Secured on the Blockchain
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Cask #4178
Macallan 1988 Cask
The Cask
This 33 Year old first fill sherry butt distilled at Macallan, has perfect provenance having been stored at the Macallan Distillery. This is the most valuable and sought-after cask that has ever been available for sale and is expected to break the auction record for the most expensive sale. The cask turned 33 years on 5th May 2021, and the last re-gauge puts the current bottle count at about 500 with an ABV of approximately 52%.
NFT Cask Ownership
The NFT allows for ownership of the 1988 Macallan Butt to be represented digitally on the blockchain, and is aimed at replacing the traditional Proof of Ownership Certificate. For this Cask, a Delivery Order will be executed to transfer the Cask ownership to the new buyer at either the Macallan Distillery or another warehouse of the buyer’s choosing.
The Artwork
Year of the Dragon
The Artwork
For this NFT, Metacask has commissioned RubenFro, who created Year of the Dragon, a special 1-1 animation which features a dragon in a whisky cellar. The purchaser will own the Cask, and in addition will also receive the digital artwork as part of the NFT. The purchaser can experience the full uncompressed video with appropriate display screens – while sipping on a fine single malt!
The Artist
Born in Florence Italy, but based in Tokyo since 2006, RubenFro (Ruben Frosali) is a visual effect artist and director, specializing in volumetric captures, point clouds and large particle-based dynamic environments.
With over 16 years of experience in development and creative direction, he focused on immersive content in 2018, working on a series of real-time art installations (Dissolving Realities Shibuya Takeover, Future Cities, Memories of Tsukiji) that have been exhibited around Japan, Taiwan, and New Zealand.
The Future
Future Sales & Aftercare
The NFT
The NFT represents ownership of the Cask, a real-world asset under bond and closely monitored by the revenue services. For this reason, any future sale of the cask will require the involvement of Metacask to ensure KYC checks are carried out on the potential purchaser and to whitelist their wallet to receive the NFT. This is a very simple and quick process, but ensures compliance.
Eventually a purchaser may elect to bottle the Cask – at which point, Metacask will swap the Cask NFT for a NFT which only contains the artwork. Subsequently that new NFT will trade as any normal art NFT.
Services Offered by VCL Vintners
As part of the sale, VCL Vintners offers the purchaser the following services:
- Arrange a Delivery Order if the purchaser requests it (or is required by Macallan)
- Help the buyer organize insurance for the cask (buyer will require insurance in their name)
- Help the buyer relocate the cask, if for some reason they require this
- If the buyer wishes to organize bottling for example, VCL Vintners will make the necessary introductions (NOTE: all costs associated are borne by the buyer of the cask, this includes bottling, shipping and duty, any labelling of the bottles are also at the discretion and expense of the buyer)
record-breaker
World Records will Be Broken
Poised to break all existing world records for the most expensive whisky cask sold at auction. This cask is a truly once-in-a-lifetime opportunity, with the cask being incomparable to the auction records set before it. Explore the timeline of previous sales which earned the world record.
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