Midleton NFT becomes fastest BlockBar sale
Irish Distillers’ Midleton Very Rare The Pinnacle Vintage was the fastest sale to date on BlockBar, and the most valuable whiskey at US$130,000.
The whiskey was sold via non-fungible token (NFT) platform BlockBar on 28 February. It was snapped up in two seconds after going live at 10am EST on 28 February.
The single bottle release is the ‘rarest bottle of Midleton Very Rare ever produced’.
A portion of liquid from each of the 40 annual Midleton Very Rare expressions was included in the NFT release, plus a sample of single pot still whiskey distilled in 1984 under then master distiller Barry Crockett.
Kevin O’Gorman, master distiller, said: “Crafted from a marriage of rare and storied expressions produced over the past 40 years, and a treasured cask sample of single pot still whiskey distilled under Barry Crockett, Midleton Very Rare The Pinnacle Vintage is an Irish whiskey that can never again be replicated.
“Often referred to as the pinnacle of Irish whiskey, Midleton Very Rare is hugely popular among international collectors, and it is fitting that this luxury brand would represent the first Irish whiskey sale benefitting from the security of BlockBar.”
The whiskey is presented in a cut-glass decanter. The physical bottle is stored in BlockBar’s facility in Singapore comes with a digital certificate of authentication and can be traced back to the Midleton Distillery in Ireland.
The owner can redeem, sell or gift the physical bottle at any time.
At 40% ABV, tasting notes include aromas of peaches and melon, with old worn leather and antique furniture. The palate is said to offer aged tannins, vanilla, honey-drizzled figs, and pot-still spices. The finish is ‘complex’ with a ‘fruit-led crescendo’.
Last year, Midleton unveiled plans to invest €250 million (US$248.8m) to build a new carbon-neutral whiskey distillery.