Bored Apes NFT sells the world’s most expensive champagne bottle with DailyCoin

Bored Apes NFT sells the world’s most expensive champagne bottle with DailyCoin

Bored Apes NFT sells the world’s most expensive bottle of champagne
  • The idea was carried out by British entrepreneur Shammi Shinh in collaboration with BAYC designer Migwashere.
  • Shammi Shinh broke his own record after selling the NFT-themed “Taste of Diamonds” bottle for $1.9 million back in 2013.
  • Buono Brothers, the NFT’s new owners, have no intention of drinking it, claiming the move is a “long-term investment”.

As the world sees the ever-accelerating adoption of blockchain and NFTs, it comes as no surprise that the average price paid for rare NFTs is skyrocketing hourly. But what if the NFTs also came with a bottle of the finest South African wine, “Magnum of Chateau Avenue Foch”? Well, it turns out that the combination results in the most expensive champagne bottle of all time: ‘Magnum 2.5’, which is now owned by Italian brothers Giovanni and Pierro Buono.

5 NFTs included in the $2.5 million deal

The Italian brothers purchased the Bored Apes NFT-themed champagne bottle at a private auction. Interestingly, one of the brothers, Giovanni, explained that the purchase was a long-term investment for these volatile market times. “Rich people will look for places to store their wealth for a while – and it could be a champagne with an NFT attached to it” explained Buono.

The NFT Champagne Bottle includes a Bored Ape, Mutant Ape and a Sneaky Vampire. The new owners of the exquisite bottle will be able to use the Bored Ape NFT as they wish; after all, many celebrities who buy Bored Ape Yacht Club NFTs later incorporate them into their work, with rapper Snoop Dogg and actor Seth Green among them. As Snoop Dogg gets ready to open a Bored Ape candy store, Seth Green plans to use his lost and found Bored Ape for his next TV show.

See also  Starbucks opens its web3 loyalty program and NFT community to first beta testers • TechCrunch

NFTs: The New Diamonds

The wine itself may well be rare and delicious, but that is not the only reason for the sky-high price. Shammi Shinh, creator of the ‘Champagne Avenue Foch’ NFT bottle, previously sold the ‘Taste of Diamonds’ champagne bottle for $1.9 million. This was back in 2013, when the crypto game had just started. “NFTs are the new diamonds”, Shammi Shinh had said.

The NFT champagne bottle was designed by Migwashere, a well-known illustrator for The Bored Ape Yacht Club. In a vivid description, Shammi Shinh went into detail on the design of the world’s most expensive bottle: “Encrusted with diamond-cut Swarovski crystals with pure tin embedded in the design, I wanted to create something timeless for the modern investor, nothing short of a masterpiece”.

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