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