[biztos]

The interesting thing is not that you would need a blockchain to trade wine futures — obviously you don’t.

The interesting thing is that if you can sell the futures as (for example) NFTs then you put them into this Wild West of crypto enthusiasts where

1) All kinds of unpredictable things might happen to the token between sale and redemption! And

2) The culture of crypto enthusiasts might very well lead to much higher prices for your wine than people who actually know about wine think it’s worth, cf. Beeple.

Either or both of these things might motivate a winery to give it a shot, tokenize a few thousand future cases of their weakest plonk, and see what happens.

Just because your market works fine without the blockchain doesn’t mean there’s nothing to be gained by trying.

On the other hand, it might be illegal because: alcohol.

[dmitriid]

> tokenize a few thousand future cases of their weakest plonk, and see what happens.

What's the wine equivalent of apes and punks? :)