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NFT champagne is now a thing. So much so, that it makes us question whether the crypto winter is settling in the least bit. Things may indeed, still be toasty.
Luxury champagne connoisseur Shammi Shinh has managed to hawk the world’s most costly champagne. And he isn’t a stranger to expensive champagne. By selling this latest bottle, he broke his own 2013 record of the world’s most costly champagne. In 2013, the ‘Taste of Diamonds’ champagne sold for $1.9m. Shinh claims it absolutely was a celeb favorite, with One Direction and rapper Flo Rida guzzling it down. It also appeared in Hollywood blockbusters like Marvel’s Justice League.
This time around, however, the champagne bottle was a once-off. Named Champagne Avenue Foch, it came with an NFT that was designed by the artist Mig. Mig is behind The Bored Ape guild NFTs and therefore the Sneaky Vampire Syndicate NFT collections.
NFT Champagne Artwork
The ‘Magnum 2.5’ created by Shinh, features a label which bears the artwork by Mig, and it’s faithful Mig’s usual style.
The 1-of-1 Magnum bottle was available to buy on OpenSea as an NFT. it had been priced at 2500 ETH ($2.5m). This makes it the foremost expensive bottle of Champagne within the world.
Shinh said, “NFTs are the new diamonds. This 1-of-1 bottle features art from NFT collections that have over a billion dollars in sales. Encrusted with diamond-cut Swarovski crystals with pure pewter embedded within the design, I wanted to make something timeless for the trendy investor, nothing less of a masterpiece. because it is sold as an NFT, I expect it to be traded some times within the marketplace before the physical bottle lands with the correct individual who will HODL (Hold On For Dear Life). so as to receive the physical champagne bottle, the customer will have to burn the NFT. The champagne itself could be a work of art and unmatched quality.”
And after all, the bottle sold to investors very recently. Fortune reported that Brothers Giovanni and Pierre Buono purchased the bottle in an exceedingly private sale.
Seems like this crypto winter might last as long as a usual winter, if this keeps up.
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