Liquid Craft is a new enterprise delivering actual value to NFTs through physical asset backing. It has released its inaugural liquid art NFT series Dragons & Bourbon. The collection comprises digital artworks accompanied with materials in the shape of handcrafted bourbon bottles. The idea is to change the way the liquor business buys collectable liquor. It utilises NFTs to solve the obstacles that prevent would-be investors, to offer a simpler, more secure selling experience.
All purchasers of this limited-edition series will be eligible for $CRAFT token airdrops. $CRAFT, the native token, will be useful in the forthcoming marketplace, which is launching in December or January.
Dragons and Bourbon: The First NFT Series
Liquid Craft’s inaugural NFT collection, Dragons and Bourbon, is the first offering for collectable liquor investors. It is the first step in the company’s quest to become a full-fledged marketplace housing liquid art from across the world.
The launch is in two categories. First, is giving a premium bottle of 123-proof, cask strength, straight bourbon in the style of a typical rounded bottle for 0.22 ETH. The second is for the Binance Smart Chain. It is selling a premium bottle of 100-proof, cask strength straight bourbon in a modernised square bottle for 0.75 BNB apiece.
The Heart Distillery, an award-winning producer of spirits based in Windsor, Colorado, handles the assets that support the first NFT series. The liquor uses ingredients that are both home-grown and locally obtained, and the team has over a decade of experience in the sector. Zach Weakland, the distillery’s owner, is also the CEO of Liquid Craft. He is lending his support to the initiative based on his past expertise in the industry.
Airdrops for First Buyers
The bourbon produces in a tiny quantity of only 1500 bottles, which means there are only as many NFT art pieces as there are whiskey bottles.
The idea anticipates investment made simpler with collector booze, thus it’s a limited release. When the native $CRAFT token becomes accessible, all purchases of the first series Dragons and Bourbon will be eligible for an airdrop.
The number of tokens received will vary based on the tier selected. Hence, with ETH tier purchasers receiving up to 4500 tokens and BSC tier customers receiving up to 1500 tokens.
When the marketplace launches in the future, the token will come with benefits such as lower taxes on buys and sells. Buyers also get access to exclusive deals, discounts, and entry into future giveaways and contests.
Merging NFTs with the Traditional Liquor Market
Liquid Craft is presenting a new solution to the challenges plaguing the conventional liquor industry. It is doing so by releasing an NFT marketplace. It will allow investors and craftsmen to engage with each other on a single platform from anywhere on the globe.
Before offering their one-of-a-kind bottles on the marketplace with an NFT attached, exclusive liquor-backed NFTs, Liquid Craft will verify to ensure authenticity.
The NFTs serve as a kind of ownership validation, allowing the bottle to trade on an international platform. Even, without ever leaving the supplier’s premises. The bottle may only leave if the owner decides to harvest the NFT in exchange for the physical item. Consequently, the NFT withdraws from the supply and cannot trade on the Liquid Craft marketplace or any secondary market.
By holding the bottle in one location while swapping several hands, it decreases the number of procedures that the present liquor investment goes through. As a result, any potential damages that are typical with the repeated movement of delicate items decrease.
Liquid Craft’s NFT Marketplace to Release Soon
Liquid Crafts’ core solution is a platform that allows for the exchange of collectable liquor between craftsmen and investors all over the world using NFTs.
It may help craftsmen who have suffered as a result of a decline in foreign tourism numbers. It helps in reaching an audience amid global events that disrupt normal operations.
This idea takes both makers and collectors into account, with the marketplace for buying and selling coming to fruition soon.
The Dragons and Bourbons NFT Series is now available for purchase to the general public.
Also read: The Reason Behind NFT “Almost” Becoming The Expensive Punk in The Realm of Digital Asset
