Vint, the first SEC-qualified, fully transparent, efficient platform for wine and spirits investing, announced the release of three individual non-fungible tokens (NFTs) in collaboration with Emmitt-Scorsone, producer of Judge Palmer, Domenica Amato, and Emmitt-Scorsone wines.
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The offering marks the first NFT offered by a Sonoma-based winery and the first NFT collection including wines made from grapes sourced from the famed Beckstoffer To Kalon and Georges III vineyards. Each token entitles buyers to own three signed bottles of Judge Palmer Cabernet Sauvignon wine, an exclusive invite for two to a harvest winemaker dinner and two custom tasting experiences.
“This NFT collection demonstrates our commitment to using technology to provide access to rare wines, immersive experiences, and wine education as well as to support producers by increasing awareness and providing sustainable funding methods to ensure they continue to prosper.”
The NFTs will be auctioned on Rarible beginning Wednesday, February 16, at 10 AM EST until Wednesday, February 23 at 10 AM EST. The auction offers begin at $600 USDC, bringing the collections to market at an unprecedented low price point, utilizing reputable and easy to acquire stable coin.
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NFT collection details and launch bid:
- Judge Palmer 2015 Cabernet Sauvignon – Beckstoffer To Kalon, Napa Valley: $675
- Judge Palmer 2011 Cabernet Sauvignon – Beckstoffer Georges III, Napa Valley: $675
- Judge Palmer 2013 Cabernet Sauvignon – Ellis Alden Vineyard, Alexander Valley: Ellis Alden: $600
The NFT collection features three Cabernet Sauvignon offerings from the Judge Palmer line, personally curated by the winemakers from the winery’s library. The wines are extremely rare with less than two cases left in existence at the winery and no stock available for public purchase through any other channel. Two of the NFTs offer ownership of wines sourced from Napa Valley’s prominent Beckstoffer vineyards, including bottles from the famed To Kalon vineyard. The third NFT features single-vineyard wines sourced exclusively from the Ellis Alden vineyard in the Alexander Valley in Sonoma. These wines were only in production for a l*********** and are no longer produced as stand-alone cuvees.
“It’s a great privilege to partner with Emmitt-Scorsone to unveil this exclusive collection of NFTs to not only bring rare wines and experiences to the public, but to also continue our mission to bring accessibility and innovation to the wine investment industry,” said Nick King, CEO and Co-Founder of Vint. “This NFT collection demonstrates our commitment to using technology to provide access to rare wines, immersive experiences, and wine education as well as to support producers by increasing awareness and providing sustainable funding methods to ensure they continue to prosper.”
Each NFT, minted by Vint on behalf of Emmitt-Scorsone, entitles the owner to three bottles of wine signed by Judge Palmer winemakers, and two tasting experiences. The first experience offers a virtual tasting of the wine included in the NFT collection, with Emmitt-Scorsone owners and winemakers providing details on the specific vintage and the wine production process. The second includes a private in-person tour of the winery and vineyard and a tasting of select wines. Owners of each NFT will also receive an invitation for two guests to attend a harvest winemaker dinner in wine country, and first right of refusal to purchase the next vintage wine NFT offering from the vineyard. All sales and transfer of wine will be handled by Emmitt-Scorsone as Vint is acting as the marketing agent, rather than supplier in this case.
“Wine has long been the ultimate collectible, so I think the NFT space is a natural extension for the wine market,” said Palmer Emmitt, owner of Emmitt-Scorsone. “An NFT is the perfect way for collectors to retain a digital record of a favorite vintage of wine – a reminder of the experience long after the bottle has been consumed.”
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