FAQs

RAREDRAM is one of the global pioneer to launch its own Whisky NFT marketplace for the rewarding whisky cask investments. By leveraging the Blockchain & Smart Contract technology, RAREDRAM empowers investors to own a fraction of a single cask, securing rare whisky casks with the greatest investment potential. With Blockchain technology keeps the proof of your cask ownership public and immutable while allowing you to track it effortlessly anytime, anywhere.

The professional team at RAREDRAM strongly believes that Whisky NFTs is the future of whisky cask investments.

Whisky NFT is for anyone who is interested in both cryptocurrency and real asset investment. RAREDRAM Whisky NFT is definitely a choice for you.

The cask ownership is now Blockchain-based with the use of Whisky NFT and trades are made easier and more convenient as the paper contracts are now replaced by the Whisky NFT smart contracts. The original physical contract stating a cask is held in the name of RAREDRAM is kept safely in RAREDRAM appointed law firm. They would act as administrative agent to facilitate the realisation of whisky casks and the return of the realisation proceeds to their rightful owners.

The listed NFT price includes all costs incurred by the whisky cask storage and insurance.

The whisky distillery, the cask age, the cask type and the length of the maturation period would be the key factors.

The longer you hold a cask, the greater the value and thus the higher return you could earn, as the surging number of investors in the market increases the liquidity of whisky cask assets over time.

Get started by registering your own Ethereum wallet at https://metamask.io/. Once a wallet is created, transfer ETHs to your wallet, convert ETHs to WETH and you could start buying Whisky NFTs on RAREDRAM NFT marketplace. Contact RAREDRAM for support if needed.

There is no commission charged if you buy Whisky NFTs from RAREDRAM. For future trading on RAREDRAM NFT marketplace, both buyers and sellers would be charged a 10% commission.

You could sell your Whisky NFTs anytime and anywhere. The price will be determined by the market on the RAREDRAM platform. Upon contract completion, you could choose to burn the NFTs for redeeming bottles of whisky which will be delivered to your preferred locations upon request. RAREDRAM is happy to assist you with other exit strategies such as arranging a private sale of the valuable bottles within RAREDRAM community.

You could list your Whisky NFTs as a second trade on RAREDRAM NFT marketplace, request for physical bottles redemption and delivery, or earn the inflation when we sell the physical cask at auction houses. Contact us for more details.

When approaching the end date of the contract, NFT owner would able to proceed the REDEMPTION (under MY COLLECTION) in  RAREDRAM website for redeeming the whisky bottles with dedicated numbers of your choice. RAREDRAM would get the cask in Scotland bottled, then ship and store in the bonded and insured warehouse. RAREDRAM provides a world-class storage facility to your valuable bottles and be ready to deliver them to your preferred locations. Separate charge for bottle shipment cost & Local Alcohol Tax.