I made a profit flipping tequila on the blockchain
In a recent experience, Jack Kubinec shared how he profited by flipping a limited-edition bottle of Clase Azul tequila through BAXUS, a blockchain-based spirits marketplace. After spending $2,000 on the bottle at a private tasting event in Brooklyn, he later sold it for $3,000, realizing a $700 profit within two weeks. BAXUS allows collectors to store bottles in physical vaults, provides 3-D scans paired with NFTs for proof of ownership, and facilitates transactions in USDC. Users can buy or sell bottles without physically possessing them and can have bottles shipped for a fee. Kubinec attempted to sell his bottle for $3,500 but accepted a lower offer to ensure a profit. The entire process showcases how blockchain technology can streamline ownership and selling of high-value spirits, eliminating the need for in-person transactions.
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