This first copy inaugurates a series of digital collectibles, through which we will be able to share Karim Mussi's most artistic side as a creator of unique, unpublished and exclusive wines. It consists of a wine lot created specifically for this release, a red blend of Cabernet Sauvignon, Malbec and Petit Verdot, vintage 2018, which is presented in 10 Magnum bottles (1.5 L).

The purchase of this NFT (delivered only in Argentina) includes access to the physical bottle of this wine, as well as a tasting guided by Karim Mussi.  

To learn more about this initiative, click on the following link:  https://enigma.art/detail/0b78a3de-297b-482f-bc7c-069c0500f4f5

ABOUT THE UNIVERSE OF NFT AND WINE

It is difficult to think of a combination between wine and NFTs, but it makes a lot of sense, as the nature of NFTs is unique and inimitable.

NFT stands for "Non Fungible Token". A token is nothing more than an identifier that represents something unique in the digital world. This fact, that of being unique, is what gives it value and the blockchain, the technology by means of which it is encrypted, is the guarantee that this is the case. Therefore, a cryptographic token is the digital version that represents something unique.

As opposed to the properties of the physical world, NFTs create a new market of collectors of digital properties: you can have a physical good, in this case a wine (or a wine-related product) or you can have a token of that same good. In both cases, you have a unique and therefore valuable property.

KEY CONCEPTS:

1. NFT stands for non-fungible token. Non-fungible means that something is unique and cannot be substituted.
2. NFTs can be traded and exchanged for money, cryptocurrencies or other NFTs, depending on the value given to them by the market and the owners.
3. Cryptocurrencies are also tokens; however, the key difference is that two cryptocurrencies on the same blockchain are interchangeable, i.e. fungible. Two NFTs from the same blockchain may look identical, but they are not interchangeable.
4. NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated.
5. NFTs can represent digital or real-world objects, such as works of art or real estate.
6. Tokenising these tangible, real-world assets makes them more efficient to buy, sell and exchange, while reducing the likelihood of fraud.
7. NFTs can represent a person's identity, property rights, etc. (Source: Investopedia ©)

How are wines sold as NFTs?

Blockchain enthusiasts have been familiar with the wine product on such platforms for a number of years. However, the adaptation of NFTs to wine-related products is still a novelty. Wine NFTs, like any other NFTs, are minted, traded, sold and bought on exclusive marketplaces, and attached to physical products to make them unique and original.

Wine NFTs - as mentioned above - can be purchased as digital tokens, with the addition of a real bottle of wine or a wine barrel, depending on demand. In addition, these digital wine-related products can be presented with digital artwork or paintings.