The Most Expensive Champagne in the World was Sold as an NFT for $2.5 million
19th January 2023
The Magnum 2.5 limited edition NFT bottle has just become the most expensive Champagne in the world. It was bought on OpenSea as an NFT at a price of 2,500 ETH, which is equivalent to $2.5 million.
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Magnum Chateau Avenue Foch 2017 was offered with an NFT, which gives the holder digital art and intellectual property rights to the image of the famous Bored mutant-apes, along with other collectible cartoon figures featured on the bottle.
Therefore, it is not only the taste and production technology that makes it expensive, but also the bottle itself. It was created in collaboration with British entrepreneur Shami Sheen and the Sneaky Vampire Syndicate.
What kind of Champagne
Produced in the family estate, Avenue Foch Champagne consists of 100% Premier Cru grapes. The bottle features Sneaky Vampire Syndicate art and diamond-cut Swarovski stones.
Characteristics of Champagne Avenue Foch:
100% Premier Cru
60% Pinot Noir, 20% Meunier, 20% Chardonnay
Dosage: 4 g/l.
Limited Edition: 1 of 1
Who bought it?
Its buyers are the Italian brothers Giovanni and Piero Buono. They are investors involved in the cryptocurrency market, as well as in the fashion and technology industries.
Speaking to Business Insider, Shami Shin said he hopes the sale will raise awareness of NFTs and help people understand them. You can even track the transaction with the help of BTI Verified
The most expensive Champagne before that
The Champagne broke the previous record set by Taste of Diamonds in 2013, which sold for $2.07 million. Taste of Diamonds is a blend of Grand Cru Chardonnay, Pinot Noir, and Pinot Meunier that has a creamy texture. While the taste was amazing, it wasn’t enough to make the Champagne so expensive. What sets it apart is the Superman-style logo, handcrafted in 18K solid gold and prominently set in its center is a single 19-carat deep-cut flawless white diamond, replacing the Swarovski crystal that would normally be there.
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