Barrel Ownership
Last updated
Last updated
With most NFTs available on the market, the item you own is a digital image with no tangible value. In contrast, as a member of The Graine Ledger community your NFT is a deed to a unique cask of whiskey that you have creative control over. So long as you own the corresponding NFT, that barrel is yours to do with as you see fit. The choice is yours; do you want to take an experimental approach? Try and replicate a personal favorite? Have a unicorn or tater bottle in mind that you have never seen or tried? The possibilities are endless when you are given the reigns, and that is exactly what we hope to achieve.
The American Genesis barrels will be limited to one mashbill voted on by the community but will allow owners to determine the char level and the finish of the product.
The Connoisseur Collection, available starting in our 5th year, will allow for complete customization of your whiskey. We will offer an online app that will give you access to various options for each major point in the whiskey production process. Once your selections are set, you will be able to mint the barrel as an NFT which will allow you to follow the process similarly to the American Genesis Collection but with much more detail and personalization.
We are human and as such we are prone to mistakes. We acknowledge the possibility of your barrel being damaged, lost, or wrongfully tapped. To guarantee the safety of your whiskey, each barrel purchased will have a coinciding duplicate insurance barrel. In the event that the original barrel needs to be replaced, this insurance barrel will be used in its place. If, however, your barrel remains unharmed at the time of bottling, the insurance barrel will instead be sold as a unique release (sold as individual bottles, not as a whole barrel) and a portion of the revenue will be donated to the Community DAO. Standards of what is insurable will be set relative to estimated loss, otherwise known as the Angel's share, per aging year. More details will be provided in a comprehensive insurance policy accessible to each owner.
