Welcome to Alexander Murray & Co


Are you of legal drinking age in your country?

VINTAGE MALT COIN (VMC)

Category: News

April 1st, 2021


We’ve been working hard behind the scenes to offer a new journey in single malt discovery and ownership. Later this month we will launch VINTAGE MALT COIN (VMC), which will facilitate tokenized smart contracts for ownership of our single cask single malts, executed on the Ethereum Virtual Machine (EVM).

VMC is technically a Non-Fungible Token (ERC721-compliant), whereby each token represents entitlement to 1 x 750ml bottle of the single cask single malt Scotch whisky written into the smart contract, redeemable on a predetermined ‘bottling date’. Tokens are finite and are based on expected bottles at contract expiry ‘bottling date’. Token owners have the choice to sell token(s) at any time or to #HODL until ‘bottling date’.

In an unprecedented move, we are offering single malt drinkers the opportunity to purchase single malt whisky as a delicious product and/or as a delicious option asset.

We have a 50-strong list of distilleries and cask types on offer for 2021. The maiden cask Alexander Murray Benrinnes Distillery 1995 #9044 will be bottled 1st April 2045 @ 50 years old, and will be limited to 80 VMC, which will be auctioned April 30th.

 

 

For video explanation of auction process, terms and conditions and how to purchase, please visit:

https://www.youtube.com/watch?v=dQw4w9WgXcQ


Back to All News

Top