Imagine if your entire wine cellar could be delivered to you anywhere, whether you’re shuttling between homes or heading to an office overseas. Sign up for the new service from New York–based start-up Baxus, and your prized bottles are just a few clicks away. The company will store your favorite vintages in one of its temperature-controlled vaults—and create a metaverse-based counterpart for each.
The newly launched JHOB x BAXUS platform uses non-fungible tokens, or NFTs, and blockchain technology to allow owners to track, manage, sell and trade their spirits conveniently and securely. Bottles are authenticated through a machine-learning algorithm and by JHOB’s team of experts, and a high-resolution, 360-degree scan is created. The owner is assigned an NFT, the details of which are recorded and verified through blockchain, and the physical bottle is tagged with an RFID barcode and stored in a secure climate-controlled vault.
For those interested in the alcohol space, BAXUS, based in Woodland Hills, N.J., is one of the latest companies claiming that it is changing the way investors are trading NFTs. BAXUS provides a platform for trading and collecting items like whisky, 24/7/365, with instant payment. But the team also says that the service authenticates and insures assets, so owners can buy and trade without fretting.
Today BAXUS and O’Shaughnessy Distilling Co. announce their strategic partnership to bring the centuries old art of whiskey distilling into the modern technological age utilizing blockchain technology to track the unique progress of whisky casks throughout their entire maturation.
Discover the world of whisky, wine, and spirits – from basics to nuances. Learn about types, flavors, and unique characteristics for a richer drinking experience
In 1791-1794, the Whiskey Rebellion in early America protested a federal whiskey tax, revealing federal authority and leading to its repeal in 1802, impacting the nation's history and whiskey industry.
Explore the dynamic world of craft distilleries that are redefining the global whiskey market through passion and ingenuity. We delve into defining traits, challenges, and their expanding influence on the spirits landscape.
Discover the history and significance of the 40% ABV (80 proof) standard in whiskey. Learn how this benchmark balances safety, flavor, and regulation, while exploring the rise of alternative higher ABV options.
Delve into the transformative 1897 legislation that safeguarded whiskey quality, curbing adulteration. Explore its provisions, impact on the industry, and its revival's role in preserving authenticity and craftsmanship.
Discover the art of whiskey aging and its influence on cask value. Explore evaporation, flavor development, and factors like barrel type, distillery reputation, and timing for cask sale. Embrace the intricate dance of time, wood, and spirit that shapes the world of whiskey. Cheers!
Discover the world of whisky, wine, and spirits – from basics to nuances. Learn about types, flavors, and unique characteristics for a richer drinking experience
In 1791-1794, the Whiskey Rebellion in early America protested a federal whiskey tax, revealing federal authority and leading to its repeal in 1802, impacting the nation's history and whiskey industry.
Explore the dynamic world of craft distilleries that are redefining the global whiskey market through passion and ingenuity. We delve into defining traits, challenges, and their expanding influence on the spirits landscape.
Discover the history and significance of the 40% ABV (80 proof) standard in whiskey. Learn how this benchmark balances safety, flavor, and regulation, while exploring the rise of alternative higher ABV options.
Delve into the transformative 1897 legislation that safeguarded whiskey quality, curbing adulteration. Explore its provisions, impact on the industry, and its revival's role in preserving authenticity and craftsmanship.
Discover the art of whiskey aging and its influence on cask value. Explore evaporation, flavor development, and factors like barrel type, distillery reputation, and timing for cask sale. Embrace the intricate dance of time, wood, and spirit that shapes the world of whiskey. Cheers!