What if Spirits in the barrel we're tradeable like stocks?
History
Immature Spirits as tradeable assets
Aged spirits typically go up in value but are not an easy commodity for the world to transact in because of physical limitations and regulatory systems. To the credit of the passionate distillers in this world it is also a challenging business because of the aging process. Distilleries must hold the assets on their balance sheet for years which makes it unlike any other industry on earth. Our platform is meant to abstract from these limitations by making aging spirits tradeable as a digital contract. What differentiates us from other online players is that our platform is for everyone in the industry for all permutations of possible transactions. The distillery is the anchor of the platform but every industry player has their own reason to particpate so the blenders, wholesalers, retailers, retail investor, wealthy individual, family office, Specialized investment funds and financials institutions are all essential market participants. Aged spirits is a 90B a year industry. Behind that 90 Billion is 10 times this value sitting in casks/barrels. 1 trillion dollars of assets on private balance sheets. Any large commodity industry has a public market where it's commodities trade. One can go buy wheat, orange juice, silver and gold why not aged spirits as well? Our platform is currently in development and will be available soon. Please reach out for more information