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Standing outside the class Azur Loft in downtown Brooklyn, I called my mother to let her know that she had just spent $2,000 on a bottle of tequila.
“you Drunk?“Her stunned response came.
Reader: I was not drunk. I was investing. Two and a half weeks later, I was selling the bottle for $3,000. Courtesy of blockchain.
In early June, Baxus co-founder TZVI Wiesel invited him to join Clace Azul’s private tasting and bottle launch. At the event, Tequila branded head stills led the tasting, pointing out apple notes and blue and orange bottles to evoke the New York skyline. The loyal people who gathered were then given the option to purchase one or two bottles from the “Loft Brooklyn Collection.”
For most of the event, salespeople gave less heart to me, a Shuraby crypto journalist, compared to their rich, older clients. But a few minutes later I found myself in a cool back room. After taking a photo with $2,000 liquor, I sent the bottle home with Wiesel. Wiesel scanned it and uploaded it to Baxus’ Solana-powered Spirits Marketplace.
Baxus stores alcohol in a physical safe on behalf of spirit collectors. Each bottle is 3D scanned and paired with an NFT that can be purchased or sold on Baxus. Transactions are resolved in USDC and users can use on-ramp or off-ramp from Fiat in coinflow. Baxus receives 10% Seller’s Fee. Collectors can do multiple swaps without physically owning the bottle, and if you actually want to drink it, Baxus will ship for a $25 price.
I posted the bottle for $3,500 on the bottle, but it bit at $3,000, so I made a profit of $700 after the fee. (This is a 35% return in a few weeks. Why send this newsletter for free?)
