How Did an NFT Involve in the Sale of the World’s Most Expensive Champagne?

If you wonder whether NFT champagne really exists, it actually does, and one of those is now actually the most expensive champagne in the world.

Shammi Shinh, the luxury champagne connoisseur, has sold the world’s costliest champagne at US$ 2.5 million. The bottle, called “Champagne Avenue Foch,” was a one-off and sold on the OpenSea NFT marketplace recently. The NFT element came with artwork from the digital artist Mig, popular for their contribution to the famous Bored Ape Yacht Club (BAYC) and several other profile picture (PFP) community NFT projects.

On the sale, Shinh said, “NFTs are the new diamonds. 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. As it is sold as an NFT, I expect it to be traded a few times in the marketplace before the physical bottle lands with the right individual who will HODL (Hold On For Dear Life). In order to receive the physical champagne bottle, the buyer will need to burn the NFT. The champagne itself is a work of art and unmatched quality.”

Such novel innovations can be beneficial for the arousing buzz around Web3 and inviting new sects of users to the virtual world. If you are such an innovator, it is not yet late to be part of the Web3 revolution. Take your idea to a seasoned firm in NFT development, and you can witness your dreams becoming real to impact the world for good.