Wine NFTs: Bored Grapes Integrates Real Wine With Virtual Vineyards

The NFT world is thriving once more in 2023. But if you think you have seen it all think again. The world of Wine NFTs has come up, where virtual vineyards and physical wine bottles meet. Bored Grapes is a project that was co-launched by Oregon-based winemaker Nicholas Keeler of Authentique Wine Cellars. He partnered with tech expert Robert Haleluk and a team of experts to develop a distinct, wine-focused metaverse.

Adopt The Future Of Wine Collection With Bored Grapes

Since it was launched in October 2022, Bored Grapes has already evolved greatly, paving the way for the first NFT model that might introduce a cutting-edge digital futures concept. Moreover, it provides a new platform for the wine enthusiasts to buy and collect wine at their desired time.

Do not be left behind! It might be a great time to start growing grapes.

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It’s time to start growing grapes! 🍇

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Grow to drink has officially started! 🍷#NFT #NFTs #NFTNYC #web3 #wine pic.twitter.com/q5yWsKxQv4

— Bored Grapes (@Bored_Grapes) April 10, 2023

Bored Grapes unveiled 5,555 virtual empty bottles as their first NFT collection in 2022. That mint saw all the available bottles claimed within just 30 minutes.

Keeler commented:

“The process allows us to curate special digital opportunities and unique wines from my network of winemaker friends in the industry.”

For instance, partnerships with Avennia Winery and other France, Italy, and California wineries are in the pipeline.

Bored Grapes dropped a new nonfungible token (NFT) collection during Easter Weekend, allowing members to mint 5,555 grapevines. Contrary to the traditional wine futures, users will virtually grow grapes on their vines at the Vinum Estate Metaverse vineyard.

Additionally, after these grapes are harvested, users can integrate them with their empty NFT bottles to develop a full bottle of wine NFT. Keeler added:

“Then they can redeem that NFT for an actual physical bottle of wine that I produce.”

Digital Vineyards And Real Wines: A New Wine Investment Strategy

While the Wine NFTs world still appears complex, it presents an enjoyable and innovative experience for buying wine. Bored Grapes is a popular but relatively new project that is turning many heads in the drinks industry, integrating the digital and physical worlds.

Every grapevine costs 0.10 Ethereum (ETH). Nonetheless, users are allowed to pay in US dollars using a Credit card. That translates to around $190 per vine based on the current ETH prices.

Purchasing grapevines on Bored Grapes is almost the same as investing in wine futures –buying wine before it gets bottled. Unlike the physical marketplace of en primeur for wine futures, Bored Grapes has an intriguing digital twist.

Haleluk mentioned:

“We’re taking an exciting new approach to doing this digitally. Even though these terms – NFT, mint, metaverse – may be complicated, this new technology is exciting. It enables creative teams to build unique experiences around products, brands, and exciting opportunities.”

Keeler appeared to share the same sentiment:

“We’re trying to make this a fun, new experience for buying wine.”

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