on LQR House Inc. (NASDAQ:LQR)
LQR House Inc. Launches RareSips NFT Platform
LQR House Inc., headquartered in Miami Beach, FL, announced today the launch of its RareSips NFT platform. The platform's first collection, which includes 10 NFTs each linked to a physical bottle of premium alcohol, became accessible at 9am EST. RareSips, as described by the company, merges digital ownership with tangible assets, allowing collectors to store or trade NFTs while maintaining the option to claim the physical product.
CEO Sean Dollinger highlighted the significance of the launch, claiming it aligns with the future direction of the beverage industry. RareSips aims to improve how rare spirits are collected and traded by associating each NFT with a corresponding physical bottle held in a secure climate-controlled facility. The platform provides several payment methods, including cryptocurrencies and credit cards, facilitating ease of transaction for the customers.
LQR House is optimistic about the integration of NFTs in their business model and envisions expanding their offerings soon. The next release on the RareSips platform is scheduled to follow shortly, with plans for further collaborations that will introduce exclusive bottles into the NFT space.
R. H.
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