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Metacask Debuts World’s First Luxury Whisky Cask NFT Marketplace

Metacask Debuts World’s First Luxury Whisky Cask NFT Marketplace

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CasperLabs, a leading blockchain solutions company, and its partner Metacask, a premier spirit marketplace leveraging blockchain technology to modernize the high-end whisky cask investment market, have launched Metacask’s non-fungible token (NFT) marketplace on the Casper blockchain. The blockchain-based marketplace opens the door for all consumers interested in buying, selling and collecting their own luxury whisky casks, allowing them to easily hold cask NFTs to build their value and take physical delivery of all the bottles from the cask.

 

The blockchain-based marketplace opens the door for all consumers interested in buying, selling and collecting their own luxury whisky casks, allowing them to easily hold cask NFTs to build their value and take physical delivery of all the bottles from the cask.

 

For the whisky aficionados and amateur collectors, blockchain technology makes buying and selling whisky casks much easier and more secure than older, clunkier methods, but not all blockchain networks and organizations are created equal,” said Nim Siriwardana, co-founder of Metacask. “We chose CasperLabs as our blockchain partner because they build their solutions on the Casper blockchain, which is known for superior security standards, performance, enterprise scalability, operational costs and energy efficiency.”

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As Metacask’s whisky marketplace demonstrates, business applications using NFTs stretch far beyond the well-known use cases of purchasing digital art, collectibles and music,” said Mrinal Manohar, CEO & co-founder of CasperLabs. “Companies can use Casper’s NFT technology to identify, track and prove ownership of any physical item and link them back to the blockchain, a capability that is invaluable for tracking items through the supply chain, protecting intellectual property and patents, authenticating precious valuables, and much more.

 

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