European Artists Collaborate to Sell Wine and Graffiti for Bitcoin
Wine connoisseurs and art aficionados looking to spend their bitcoin may be interested in a project called myFINBEC. Now in its third year, myFINBEC is an annual event where street artists from all over Europe collaborate on a unique painting project. This year, artists from Germany, France, Poland and Portugal will meet in Switzerland to create four murals on 84 wooden wine cases stacked on top of each other. These paintings will be used as label art for Cave Fin Bec's organic wine. The paintings will then be dismantled and each case filled with six bottles of wine. This video from last....
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PRESS RELEASE. Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today it’s launching a new NFT division focused on connecting with graffiti and electronic artists while scaling up it’s blockchain to be more NFT-friendly.
In the last two months, Reef has been working behind the scenes to kickstart its contribution to the NFT landscape. They’ve hired Philip Galaviz, an influential figure in the Denver music and art scene, to join the team as Head of NFT. Philip has worked with Digitally Imported Radio, Global Dance, and numerous....
Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine purchases. Wine Shop Acker Jumps Into the Crypto Space This week the wine shop and auction house Acker revealed that it is now accepting cryptocurrencies for goods and services. Effective immediately Acker will accept BTC, BCH, ETH, DOGE, and three stablecoins via the payment processor Bitpay.....
Wine ages like fine... wine. Some of the rarest bottles fetch well over $100,000 USD. Collectors of ancient libations have six-figures worth of reasons in proving the bottles integrity. Verifying a wine's provenance means tracing a bottle's history as far back as possible - hopefully to the original vineyard. A verified wine can greatly increase in value. This chain of custody isn't just a history lesson. It gives buyers an expectation of the quality given the past caretakers. However, most importantly, it helps buyers reduce fraud. Just like an Ebay seller, wines rely on a reputation....
A French wine trading firm has been favored by the recent crypto bull-run, specifically with the bitcoin prices surging across the board. Despite the pandemic, Lasserre & Papillon is making good numbers after founding BTC Wine. BTC Wine Was Launched During the 2017 Crypto Prices’ Rally Per an article published by Drinks International magazine, the luxury online wine retailer is witnessing a surge in demand nowadays. But the profitable journey first started with the bullish wave seen in 2017 that took bitcoin from $900 to $19,783.21. In that same year, Lasserre & Papillon launched the....
Everledger, a London-based startup, has entered into a strategic partnership with IBM to develop and deploy a blockchain-based system that will be utilized to crackdown wine fraudsters. Currently, wine manufacturers verify and authenticate fine wines with paper records and physical certificates. A few particular elements on the records or certificates including stamps and signatures are supposed to prevent wine fraud and help authenticators verify the origin of the wine. However, unlike cryptographic signatures, conventional signatures written by hand are easy to replicate. Paper....