BlockBar

Company profile

BlockBar company profile

BlockBar sells exclusive wine and spirits authenticated via blockchain directly from luxury brands offering access, storage, insurance, global shipping, and a secondary marketplace. With experience in the luxury spirits industry for many years, co-founders Dov and Sam Falic noticed the issues consumers and brands were facing in the world of wine and spirits, so launched BlockBar to provide transparency, authenticity, quality assurance and storage. BlockBar identified that the emerging blockchain and NFT technologies could be used to solve the pressing issues of counterfeits, theft, and damage of luxury wine and spirits. BlockBar’s platform allows consumers to purchase asset backed NFTs directly from the brand owners themselves. Each NFT represents a physical, unique product that is held in BlockBar's secure storage facility in Singapore. The NFTs can be traded, gifted, sold, or at any point the physical product can be redeemed in exchange for the NFT. BlockBar has partnered with brands such as Hennessy, Johnnie Walker, Patrón, and others to launch their first ever NFTs. Buyers can pay for products on BlockBar via credit card, wire transfer, or Ethereum. Head over to blockbar.com now to join the community and follow our social channels to keep updated on everything BlockBar.