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BlockBar.com Auction of Ultra-Rare Buffalo Trace Distillery Whiskey Raises $280,000 for Charity - Fred Minnick

BlockBar.com Auction of Ultra-Rare Buffalo Trace Distillery Whiskey Raises $280,000 for Charity

Bourbon

March 21, 2022

Friday, March 18, marked the conclusion of Buffalo Trace Distillery’s launch of five ultra-rare, six-liter bottles of O.F.C. Bourbon Whiskey, distilled in 1982.

The 234-year-old distillery’s only vintage-dated bourbon, the six-liter O.F.C. Bourbon was sold via auction as five non-fungible tokens (NFTs) on BlockBar.com, the world’s first DTC NFT marketplace for luxury wines and spirits. This was BlockBar’s first auction and bourbon drop, and proceeds benefited five incredible charities.  

$280,000 was raised in total over five days, with a top bid of $60,000 for a single bottle, setting what is believed to be a record for the highest sales generated from a bourbon NFT. 

‘We are humbled by the result of our first NFT and being able to contribute to such well-deserving charities,’ said Sara Saunders, vice president, bourbon, Buffalo Trace Distillery, in a news release.  

Each of the five NFTs represent an authentic six-liter sized bottle of O.F.C Vintage 1982, available to be redeemed by December 31st, 2022. When redeemed, the NFT holder will also unlock a personal invitation to Buffalo Trace Distillery in Frankfort, KY for a private VIP tour experience that includes exclusive tastings of whiskeys from its rarest and most sought-after private collection, including some previous vintages from the O.F.C. collection.

“The sales raised over a quarter of a million U.S. dollars and proceeds benefited five global charities including World Central Kitchen, which has been supplying hot meals to thousands of Ukrainian refugees,” said Dov Falic, CEO and Co-Founder of BlockBar. “It’s a fantastic privilege to be able to raise money for such a worthy collection of causes and we look forward to our next drop with Buffalo Trace.”

Proceeds from the auction benefited the following charities:

  • World Central Kitchen –  a non-profit organization that is first to the frontlines, providing meals in response to humanitarian, climate, and community crises, currently supporting thousands refugees in and around Ukraine
  • The James Beard Foundation –  through their Open for Good campaign, the Foundation is committed to helping independent restaurants survive this crisis, rebuild better, and thrive for the long term
  • Elton John Aids Foundation –  a global HIV charity that funds frontline partners to prevent new cases of HIV, fight stigma and provide care for those affected 
  • The Art of Elysiuman artist organization built on the idea that through service, art becomes a catalyst for social change
  • 261 Fearless – a global, non-profit women’s running organization dedicated to encouraging and uniting women through running

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