Share this article
NFT Tied to Rare Whiskey Cask Auctions for $2.3M
Specialty NFT marketplace Metacask said the sale sets a new record for the whiskey barrel auction block.
By Helene Braun
Updated May 11, 2023, 7:06 p.m. Published Oct 22, 2021, 10:09 p.m.
A non-fungible barrel of 1991 Macallans Scotch set whiskey auction records Friday, nabbing $2.3 million in the form of an non-fungible token (NFT).
The sale, hosted by NFT marketplace Metacask, surpasses the previous cask sale record price of $574,000 for a similar barrel at auction house Bonhams last August. This edition came bundled with digital art from Trevor Jones.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
A pseudonymous buyer who goes by “oldcask” outbid two other bidders active in digital whiskey investments, a PR representative told CoinDesk. The company declined to identify the buyer.
The NFT serves as a digital title for the cask of the whiskey. It was minted on the Ethereum blockchain.
Co-founder Nim Siriwardana said the cask NFT was minted and auctioned to showcase the appeal of digitally transferable rights.
“Buyers don’t need to go to a physical auction house to acquire rare and valuable real assets like whisky,” Siriwardana said in a statement.
NFT sales have become increasingly mainstream and popular during the coronavirus pandemic. Sales volumes surged to $10.7 billion in Q3 of 2021, more than eight times more than the second quarter, according to data by DappRadar.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
Top Stories
