Country for PR: United States
Contributor: PR Newswire New York
Friday, October 15 2021 - 09:00
AsiaNet
Glenfiddich to be the First Partner to Release Rare Whisky via NFT with BlockBar, World's First Direct-to-Consumer NFT Platform for Wine & Spirits Products
MIAMI, Oct. 15, 2021 /PRNewswire-AsiaNet/ --

- Trailblazing offering bridges physical and digital marketplace, enabling 
consumers to directly purchase, authenticate, and redeem a limited edition 
Glenfiddich 1973 46 year old Single Malt Scotch Whisky finished for 21 years in 
an Armagnac cask

Glenfiddich, the world's most awarded Single Malt Scotch Whisky brand, has 
partnered with BlockBar ( 
https://c212.net/c/link/?t=0&l=en&o=3319970-1&h=1465749403&u=http%3A%2F%2Fblockbar.com%2F&a=BlockBar 
), the premier non-fungible token (NFT) marketplace for luxury wine and spirits 
products, to launch a series of 15 limited edition liquor NFTs. Each NFT 
corresponds to a physical, exceptional bottle of a 1973 46 year old Armagnac 
cask finish Single Malt Scotch Whisky that is sold by Glenfiddich.

Video - https://mma.prnewswire.com/media/1658456/Glenfiddich_BlockBar.mp4

Logo - https://mma.prnewswire.com/media/1657866/BlockBar_Logo.jpg 

The tokens are offered exclusively through BlockBar's innovative NFT platform, 
which enables Glenfiddich to digitize and sell exclusive spirits products as 
NFTs directly to consumers, whether for personal consumption, collecting, or 
investment purposes. Upon purchasing the NFT, the buyer can then become the 
owner of the real-world physical product represented by the NFT, with the NFT 
serving as a digital receipt that verifies the buyer's ownership and the 
authenticity of the product. The buyer has the choice at any time to resell or 
transfer the NFT through the BlockBar platform or to redeem it for the physical 
version. The benefits of purchase doesn't stop there; BlockBar is also 
responsible for storing the product and, upon request, delivering it to the 
buyer.

William Grant & Sons, Chief Commercial Officer, Doug Bagley comments on the 
partnership, "Glenfiddich continues to push boundaries in whisky innovation and 
this mindset transcends to those we partner with. We are proud to be the first 
luxury spirits brand to be available on BlockBar at the time of the launch. 
BlockBar brings a heightened level of authenticity to our brand via its 
proprietary NFT platform and creates an elite club of distinguished collectors 
with whom we're excited to build long-term relationships." 

Utilizing BlockBar's state-of-the-art NFT platform to purchase Glenfiddich's 
whisky, buyers can be assured that their accounts won't be compromised and 
their NFT's won't be stolen, because the tokens are protected by FireBlocks' 
digital asset custody infrastructure and Chainalysis' compliance technology.  
"This is an exceptionally rare example of 1973 Glenfiddich, a 46 year old 
whisky which has spent more than two decades in an Armagnac cask and is a 
fitting spirit for the launch of Glenfiddich's first and exclusive NFT release 
on BlockBar," comments Glenfiddich Malt Master, Brian Kinsman.

The first series of Glenfiddich NFTs will launch on October 19, 2021, on a 
first come, first served basis. Buyers may purchase the NFTs from BlockBar with 
Ethereum (ETH) or by credit card.

"BlockBar values transparency, authenticity, and quality assurance, and our 
partnership with Glenfiddich, the pinnacle of high end spirits, is the perfect 
partner to mark the launch of our mission to bridge the physical and digital 
worlds of luxury," said Dov Falic, CEO of BlockBar. "We're extremely proud to 
be providing the very first direct-to-consumer, fully authenticated wine & 
spirits platform via an NFT marketplace. This is an exciting and momentous time 
for the crypto, NFT, and luxury wine & spirits communities, and we can't wait 
to announce many more exclusive releases in the near future."  

Notes to Editors 

Tasting Notes:
70cl bottle with 43.9% ABV, presented in a bespoke Baccarat crystal decanter. 
Colour 
Autumn gold
Nose 
Sublime, rich and lusciously fruity. Dark fruits, like plums and figs, 
complemented by sensational sweet syrup notes that reflect the incomparable 
influence of the long finishing in ex-Armagnac Butts. 
Taste 
Very deep and rich with lots of tannin and robust oak notes overlaid with an 
elegant vanilla sweetness from its years in American oak. 
Finish
Exceedingly long-lasting and sweet with a hint of oak. 

About Glenfiddich
Family run since 1887, Glenfiddich is the World's Most Awarded Single Malt 
Scotch Whisky. In the summer of 1886 our founder, William Grant, set out to 
fulfil a lifelong ambition of creating the 'best dram in the valley'. With the 
help of his seven sons and two daughters, William built his distillery in a 
single year. Their hard work was rewarded on Christmas Day 1887 when the first 
drop of spirit flowed from the small copper pot stills. William named his 
distillery Glenfiddich, Gaelic for 'Valley of the Deer'. Now, over 130 years 
later, Glenfiddich is one of the few single malt distilleries to remain 
entirely family owned and our whisky has become the world's most awarded single 
malt Scotch whisky, a true reflection of the passion, integrity and innovative 
spirit that have been passed down through the generations.

About BlockBar:
Founded by the principles of the largest duty-free retailer in the Americas, 
BlockBar is the world's premier NFT marketplace that connects consumers and 
collectors with the owners of luxury wine & spirits brands by providing the 
opportunity to exchange NFTs for unique physical wine & spirits products. 
BlockBar was started by The Falic Group, the owners of Duty Free Americas and 
founders of Paneco, the largest ecommerce liquor platform in both Israel and 
Singapore. The Falic Group noticed the issues consumers were facing and 
evaluated the preorders in the duty-free spirits boutiques. They recognized the 
opportunity in the market and decided to launch BlockBar. BlockBar's 
proprietary platform allows consumers to purchase asset backed NFTs directly 
from the brand owners themselves. BlockBar's proprietary smart contracts verify 
authenticity, and its partnership with top cyber- and crypto-security firms 
ensures that transactions are fully protected and transparent. Consumers are 
able to transact directly with the brands and no longer have to worry about 
authenticity or storage.

Media Contact for Glenfiddich:
Charlotte Unsworth
Global Luxury PR and Partnerships Manager, WG&S 
charlotte.unsworth@wgrant.com

Jacqui Rivers
Campaign Director, Mission
jacqui@thisisimission.com

Media Contact for BlockBar:
Cody Bryan
Account Supervisor, Mission
cody@thisismission.com

SOURCE: BlockBar

CONTACT: Cody Bryan, +1 609-408-2437