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World's Most Expensive Bottle of Champagne Sold for $2.5 Million

21 July, 2022
Champagne NFT

Photo: @Shammi Shinh

The physical bottle features artwork by artist Mig and is encrusted with diamond-cut Swarovski crystals with pure pewter embedded in the design, while the bubbly inside is made from 100% Premier Cru grapes, produced at the family-owned estate in Allouchery, Chamery. It was bought by Italian cryptocurrency investors Giovanni and Piero Buono.

Most likely, though, they won’t be popping the cork on this bottle any time soon.

“As it is sold as an NFT, I expect it to be traded a few times in the marketplace before the physical bottle lands with the right individual who will HODL (hold on for dear life),” said Shinh. “In order to receive the physical champagne bottle, the buyer will need to burn the NFT. The champagne itself is a work of art and unmatched quality.”

“NFTs are the new diamonds,” continued Shinh. "I'm hoping for more awareness — I want people to understand NFTs now”.

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