BARRELX, a newly founded NFT marketplace for barrel aging spirits, is disrupting centuries old practices as it alters the way barrels of aging spirits are accessed, held and traded. A first of its kind marketplace has opened the door to opportunities traditionally, until now, reserved for industry insiders and heavily funded market makers.
Powered by the Ethereum blockchain, BARRELX democratizes barrel ownership rights, a commodity associated with historically outsized opportunities and more recently associated with extreme scarcity. BARRELX removes all barriers to entry and paves the digital road to access, authentication, storage and insurance. BARRELX enables everyday consumers and collectors alike to participate in acquiring interests in aging spirits held in barrels through the purchase of commodity based NFTs from leading distilleries and brands.