Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Saturday, May 31
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Yahyn to Transform Wine Collectors’ Market With NFT
News

Yahyn to Transform Wine Collectors’ Market With NFT

AB News DeskBy AB News DeskApril 11, 2021Updated:April 11, 2021No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Yahyn Transform Wine Collectors Market NFT AlexaBlockchain
Yahyn to Transform Wine Collectors Market With NFT
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Leading e-Commerce Wine Startup Launches The World’s First NFT Wine Allocation

United Kingdom, April 11, 2021 /AlexaBlockchain/ – Leading e-commerce wine startup Yahyn has launched the world’s first NFT wine allocation as it eyes to transform the wine collectors’ market.

What is Yahyn?

Yahyn is a wine e-commerce platform. The company raised more than $ 1 million in private equity in a little over five months. The company intends to revolutionize the way wine is purchased and consumed. Yahyn is the intersection between the centuries-old tradition of wine and cutting-edge technology, helping the consumer find the perfect wine to be the exclamation point on life’s cherished moments. Yahyn believes that the distance to your glass measures elegant travel to the most romantic vineyards.

Yahyn, Wine, and NFT

NFTs, also known as non-fungible tokens, are entries on a blockchain, a type of digital ledger. These tokens represent one-of-a-kind items and are guaranteed to be authentic.

An NFT is proof of ownership that can be transferred to new owners and proves you own the original, no matter how many digital copies there are out there. The art world was one of the first to embrace NFTs and has taken it to staggering new heights: a digital artwork by Beeple was sold for $69.3 million at Christie’s earlier this year and many artists continue to break records in this space.

Yahyn has seen this as a potential opportunity to be the leader in future NFT wine allocations. Wine lovers all around the globe know that wine is more than just drinking the juice produced by many talented winemakers and other hard-working individuals. There is a collectors’ market that has seen wine bottles sell for over $500,000. What makes that bottle worth so much?

It all comes down to supply and demand; many people want it but not many can have it. Founder and CEO Pierre Rogers said, “Yahyn is a tech first wine platform and NFTs represent a fundamental shift with how we as wine lovers interact with wine in the future. This emerging technology has the power to transform the commerce that artists and wine makers earn.”

Yahyn NFT Wine Allocation - AlexaBlockchain
Wine Startup Yahyn Launches World’s First NFT Wine Allocation

Why does it matter? Are NFTs the future of wine collecting?

Could it be assumed that NFTs are the future of wine collecting? Marketing Director Jack Ambriz stated, “I along with my team believe that this is a great opportunity for the wine industry to embrace change and adapt to the future, especially for luxury wine brands. Imagine buying your allocation through an NFT, and if you decide to crack your bottles open, you still have the digital asset to hold to your collection. That would be awesome, not to mention being able to own part of the vineyard’s story through art, or giving wine auctions a new way to raise money to charities.”

Yahyn has started conversations with some vineyard partners to make this happen. So what would you get with these kinds of NFTs? You would purchase the NFT and receive the wine as an unlockable item — Ex: 3 bottles of Yan Cellars Cabernet Sauvignon.

Rogers strongly believes that this puts the power back into the hands of the vintners and consumers where it belongs to begin with. He believes that Yahyn can leverage this change to the benefit of all.

Blockchain in Wine Industry NFTs Wine Collectors' Market Yahyn
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
AB News Desk
  • Website

AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

More AlexaBlockchain

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

May 30, 2025

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

May 28, 2025

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

May 27, 2025

Taurus, Parfin to Build Institutional Digital Asset Infra Across Europe and LatAm

May 27, 2025

WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole

May 23, 2025

Sir Patrick Stewart, DeLorean Team Up Ahead of Its On-chain EV Marketplace Launch

May 22, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.