Kinsale Spirits is looking to cash in on both the popularity of Irish whiskey and the craze for non-fungible tokens (NFTs) by auctioning a digital representation of a rare cask of 20-year single malt, in a world-first. Kinsale Spirits is looking to create a buzz at its auction, which is to be held over the next week on the Open Seas crypto marketplace. This is believed to be the first time a whiskey cask has been represented by NFT and auctioned. Speaking to The Irish Times, Kinsale Spirits co-founder Ernest Cantillon said the appeal of the auction was that it would secure publicity. Mr Cantillon, a publican and restaurateur who runs Sober Lane and Electric in Cork city, co-founded Kinsale Spirits in 2015.

Source: The Irish Times April 23, 2021 04:25 UTC