NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
      • NFT Launchpad
    • Newsletter
    NFT Evening NFT Evening
    News

    Home » News » Bored Apes NFT Champagne Bottle Sells for Record $2.5M

    Bored Apes NFT Champagne Bottle Sells for Record $2.5M

    By Reethu RaviJuly 20, 2022Updated:January 27, 20233 Mins Read
    Contents hide
    About Bored Apes NFT Champagne Bottle Sale
    Who Created The NFT Champagne Bottle?
    Wines, Spirits, and NFTs

    Another day, another first for the NFT industry. In a private event, a champagne bottle featuring the artwork of Bored Ape Yacht Club (BAYC), sold for a record $2.5 million. Created by Shammi Shinh, ‘Magnum of Champagne Avenue Foch’ or Magnum 2.5, is the world’s most expensive champagne bottle. Let’s take a closer look at the sale of the Bored Apes NFT champagne bottle.

    The Bored Apes NFT champagne bottle placed on a table next to a wine glass
    The Bored Apes NFT champagne bottle is now the world’s most expensive champagne bottle. Credit: Champagne Avenue Foch

    About Bored Apes NFT Champagne Bottle Sale

    Italian cryptocurrency investor brothers, Giovanni and Piero Buono bought the first-of-its-kind Bored Apes NFT champagne bottle for a whopping $2.5 million. What’s more, the bottle comes with five NFTs in all, including a Bored Ape, Mutant Ape, and a Sneaky Vampire. The brothers now own both the champagne bottle and the intellectual property and digital NFT artwork rights.

    “I don’t plan to drink it, I think it will be a good investment,” Giovanni told the Wall Street Journal. “There is a lot of turmoil in the investment world, things are changing geopolitically very quickly. Wealthy people will look for places to store their wealth for a while—and that could be a champagne with an NFT attached to it.”

    Who Created The NFT Champagne Bottle?

    Wine distributor Champagne Avenue Foch minted the NFT champagne bottle. Meanwhile, Mig, the artist behind BAYC and the Sneaky Vampire Syndicate NFT collection, designed the bottle. British Entrepreneur, Shammi Shinh is behind the Champagne Avenue Foch.

    With this NFT bottle sale, Shinh broke his own record of the most expensive single bottle of Champagne in the world. Back in 2013, he sold Taste of Diamonds champagne for $1.9 million. The champagne had even been featured in music videos and Hollywood hits such as Warner Bros. Justice League.

    Shammi Shinh with NFT bottle
    Shammi Shinh created the historic NFT bottle. Credit: Champagne Avenue Foch

    “NFTs are the new diamonds,” Shinh said earlier. “This 1 of 1 bottle features art from NFT collections that have over a billion dollars in sales. Encrusted with diamond-cut Swarovski crystals with pure pewter embedded in the design, I wanted to create something timeless for the modern investor, nothing less of a masterpiece.”

    Wines, Spirits, and NFTs

    This is not the first time that luxury wine and spirits have come with NFTs. In fact, there is a growing market for luxury wines and spirits linked to NFTs. To be sure, NFTs help authenticate the products, increase the brand’s reach beyond traditional customers, and even help the brands tap into new revenue streams. 

    For example, early this year, Australian winemaking company Penfolds partnered with BlockBar to create a vintage wine barrel NFT. Only a single buyer, picked from a lucky draw, could buy the NFT for $130,000. 

    More recently, Wine Bottle Club released their genesis NFT collection in partnership with Exclusible. Some of the NFTs in the collection even comes with exclusive grand cru wines, including Bitcoin La Cuvée limited edition, Château Gruaud Larose, and Château Pape Clément.

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    most expensive nft
    Previous ArticleCadbury Gems Drops NFT Collection To Support Underprivileged Children
    Next Article Pranksy x NFTBoxes Launch An NFT Vault To Protect Your Assets
    Reethu Ravi
    • Twitter
    • LinkedIn

    Reethu Ravi is a journalist currently based in the UK, covering environment, sustainability, tech and innovation. When not found between the pages of a book, she can be seen catching up on the latest developments in the tech world. A naval architect-turned-journalist, she loves bringing stories of change and innovation to the limelight.

    More great NFT Evening content:

    Royal Mint Ditches NFT Project Amid Consultations With UK Government

    March 29, 2023

    Disney Metaverse Dreams Crushed in Layoff Bombshell

    March 29, 2023

    Virtual Fashion: Rozy’s Avatar Takes the Runway at Decentraland MVFW Dressed by Ilona Song

    March 29, 2023

    Otherside by Yuga Labs presents: Legends of the Mara

    March 29, 2023

    ZORA NFT Platform Launches Trending: See What’s Hot Now

    March 28, 2023

    Overlord & Revolving Games Team Up For Web3 Game

    March 28, 2023

    Pranksy & Sorare partner for “Pranksy Plays”

    March 28, 2023

    Bitcoin NFTs Bought With Solana: A Crypto Game-Changer

    March 28, 2023
    Latest NFT News

    Royal Mint Ditches NFT Project Amid Consultations With UK Government

    March 29, 2023

    Y00ts Finally Makes the Move to Polygon!

    March 29, 2023

    Disney Metaverse Dreams Crushed in Layoff Bombshell

    March 29, 2023

    Virtual Fashion: Rozy’s Avatar Takes the Runway at Decentraland MVFW Dressed by Ilona Song

    March 29, 2023

    Ticketmaster Launches NFT-Gated Ticket Sales With Avenged Sevenfold!

    March 29, 2023

    Otherside by Yuga Labs presents: Legends of the Mara

    March 29, 2023

    ZORA NFT Platform Launches Trending: See What’s Hot Now

    March 28, 2023

    Overlord & Revolving Games Team Up For Web3 Game

    March 28, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Columns
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Job Opportunities
    • About Us
    • Contact Us
    • Newsletter
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.