Tokyo-based UniCask, which offers NFTs of whisky casks, has announced a partnership with P2E Gaming guild, YGG. With this, 20 lucky holders of YGG Founders Coin will receive DC (digital card) NFTs from UniCask. Furthermore, 10 of the winners will be added to the whitelist to buy UniCask’s cask NFT. The collaboration comes ahead of the platform’s genesis NFT drop on December 15.
YGG Founders Coin is a limited edition NFT to reward the earliest supporters of the guild. Moreover, the holders enjoy several benefits such as NFT purchase discounts, token airdrops, bonus multipliers, and more. UniCask, on the other hand, aims to democratize whisky ownership. To facilitate this, it offers fractionalized shares in Scotch whisky casks through NFT tokens. Collectors can trade these tokens and exchange them for whisky in the future.
All about the genesis drop
For its genesis drop, UniCask has selected whiskey from Springbank, one of the world’s most esteemed Single Malt Scotch Whisky distilleries. On December 15, UniCask will drop its Genesis cask NFT of a 1991 vintage cask from Springbank. Springbank is located in Kintyre peninsula’s Campbeltown.
“Since its establishment in 1828 to this day, Springbank’s single malt has been loved by whisky connoisseurs,” the company said in a press release. “The distillery is located within several hundred meters from the Firth of Clyde, which is said to impart saltiness to the whisky during maturation and makes Springbank a complex single malt with rich flavours.”
The Hogshead cask has a capacity of 250 litres. Furthermore, the whiskey alcohol percentage is 56.40%.
As mentioned before, UniCask’s focus is on fractionalizing Whiskey ownership using NFTs. This is of great significance as it allows users to purchase casks that come at exuberant costs at affordable rates. Additionally, single-cask trading traditionally caters to the wealthy and connected collectors.
“Trading spirits in wooden casks (where the spirits’ value increases as a vintage item) has been limited to small communities,” the company was quoted by CoinMarketCap. This includes acquaintances of distilleries or people in the spirits business making it “extremely difficult or practically impossible for average collectors and amateurs to participate.”
UniCask: Collect Whiskey NFTs, play games
UniCask is not the first to release whiskey NFTs. In fact, just last month, a Metacask NFT of the 1991 Macallan whisky was sold for a historic $2.3 million. However, UniCask offers more than just whiskey NFTs.
The whiskey NFTs come with digital cards featuring different characters. Users can collect these cards to play games on UniCask. Furthermore, winners of the game get several rewards, including whisky samples from the cask linked to NFTs! Alternately, users can also trade the digital card NFTs with others in the UniCask community.
However, the company is yet to announce the rules and distribution of the cards. If you hold a YGG Founders Coin, you can sign up here for a chance to win the DC NFTs.