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NFT Auction to Be Used to Sell Fine Wines in African First

  • South African wine NFTs will be auctioned this month
  • Wine estates participating include Meerlust, Klein Constantia
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Africa’s first fine wine nonfungible tokens will be auctioned this month, with well known South African vineyards such as Meerlust Wine Estate and Klein Constantia taking part.

The sale, organized by auction house Strauss & Co. from April 18 to April 25, will offer wines from five producers with each NFT holding between 20 and 50 vintages and between 66 and 288 bottles.