A bottle of very expensive whisky is being auctioned off with an NFT to authenticate true ownership of it, along with artwork made special for the event.

A bottle of very expensive whisky is being auctioned off with an NFT to authenticate true ownership of it, along with artwork made special for the event.

A bottle of 52-year-old whisky made at Japan’s famous defunct Karuizawa distillery is being auctioned off as anonfungible token (NFT).

The starting price for the NFT and bottle of whisky is a dizzying $75,000, or about 62 Ether (ETH). Direct-to-Customer NFT wine and spirits marketplace BlockBar is handling the auction.

To whisky collectors, the ultra-rare bottle of whisky from “The Last Masterpiece” cask made in 1970 is attractive, as there are now only 211 bottles of it left,accordingto a Tuesdayreport by Finbold. Now, an NFT collector can bolster their collection with a token that verifies authentic ownership of a bottle.

The auction began on Tuesday and willcontinueuntil July 18. The artwork for the NFT and the bottle was made especially for the BlackBar auction by calligrapher Sounn Takeda. There has been one bid made on the item so far.

Old Navy gets bored

American clothing brand Old Navy has issued a new $19.95 t-shirt depicting Bored Ape Yacht Club (BAYC) #7285. Is this a good thing for BAYC?

Some have questioned the association, while others are delighted to see their favorite NFT collection gain widespread recognition in mainstream culture. BAYC owner JBond said in a Fridaytweetthat, in general, it helps Bored Apes.

Accordingto BAYC creator Yuga Labs’ terms of service, owners have the right to use the image of their BAYC as they please under most circumstances.

Some of the NFT community claimed it was an unauthorized use of the image. However, Old Navy’s product site indicates that the image on the shirt has been licensed, The owner of this BAYC is clearly an enthusiast, as theyownsix other BAYCs, 11 Mutant Apes and 20 Otherdeeds, along with two Bored Ape Kennel Club NFTs.

Creating more in The Sandbox

You can now publish game assets that you have created in the Metaverse and NFT gaming platform The Sandbox.

A Wednesdayannouncement from the projectoutlineshow voxel creators can now publish their artwork and use it on their plots of metaverse LAND.

The process for publishing appears fairly straightforward as a creator merely needs an account on the platform to create an asset using VoxEdit, and then export it to The Sandbox’s marketplace for publishing.

The catch is that creations will not be publishable or mintable as NFTs initially. However, minting and selling will be enabled soon.

Syscoin blockchain gets a new NFT marketplace

The Syscoin layer-1 blockchain has completed integrating the Luxy NFT marketplace.

This is the first official NFT marketplace available on Syscoin,accordingto a Wednesdayannouncement. Luxy features include a marketplace to buy and sell NFTs, a collection launchpad, support for audio and video tokens and discounts for LUXY token holders.