New Irish branding carbon neutral distillery, has an NFT project on the way

Work will soon start on a new, organic, carbon neutral whiskey distillery and visitor center at the Curraghmore Estate in Portlaw, County Waterford, Ireland. And with that news, Curraghmore announced that a new NFT project is also coming.

This new distillery and visitor center will allow Curraghmore Whiskey to distill single estate, pot still whiskey on site and welcomes visitors to Curraghmore to experience the entire whiskey making process, from field to glass.

The application was approved for the change of use of five existing, 180-year-old agricultural buildings on the Curraghmore Estate, to industrial use.

Work will soon start on a new, organic, carbon neutral whiskey distillery and visitor center at the Curraghmore Estate in Portlaw, County Waterford, Ireland. And with that news, Curraghmore announced that a new NFT project is also coming. (image via Curraghmore)

A statement from Curraghmore explained that these buildings are believed to be the first industrial farmyard to be built in Europe by renowned architect William Tinsley. The buildings will be used for the distillation of spirits, retail use, spirit maturation and auxiliary use.

The proposed development will also include ground-mounted solar panels and an integrated engineered wetland treatment system and production water well. An existing water wheel must be adapted to generate hydropower. The plan looks to achieve organic and carbon neutral status within a decade.

Curraghmore Whiskey is produced from barley and oats grown on the 850-year-old estate.

Richard De La Poer Beresford, Earl of Tyrone and founder Curraghmore Whisky, said they are excited and looking forward to the new chapter of their business.

“Our vision has always been to create a sustainable, organic, carbon-neutral pot still whiskey and with this distillery on the horizon it looks like it’s going to be realised,” he said. “Curraghmore Whiskey is in the sweet spot where organic farming meets environmentally responsible distilling – we offer the market a whiskey that not only has a provenance and authenticity that is second to none, but also one that is sustainable and gives back to the land… a win/win for all .”

Construction of the distillery will start in 2023 and will create up to 24 jobs. The distillery will have the capacity to make up to 250,000 liters and welcome 10,000 visitors a year.

You can check the proposed site at www.youtube.com/watch?v=CwD7HElBFA0.

And with the innovative new distillery and hub, comes the launch of their Non-Fungible Token (NFT) project.

The distiller’s statement notes that with cutting-edge technologies such as blockchain and Web3, Curraghmore is looking to NFTs to streamline and simplify the cask ownership process.

Curraghmore founder De La Poer said: “We believe NFTs will play a huge role in the future of the whiskey industry. They are the best solution for sourcing rare and luxury wines and spirits, providing digital proof of ownership.”

He said that NFTs and the blockchain will help bridge the gap between producer and consumer, at the touch of a button. “No need for boring contracts and paperwork, as all this is legally binding within the digital contract of NFT. For these reasons, we have decided to launch our own NFT project and look ahead.”

A Non-Fungible Token is a unique digital identifier that cannot be copied, replaced or subdivided, that is registered on a blockchain, and that is used to verify authenticity and ownership.

Curraghmore Whiskey partnered with Momint, an alternative investment platform. Verified Momint NFTs have been verified by third-party auditors, with actual legal contracts embedded in the token, held safely and securely on the blockchain. This provides legally binding mechanisms for ownership and dispute resolution, enforceable in more than 160 jurisdictions around the world.

For their first NFT project, Curraghmore Whiskey selected one of their younger casks, a 2.5-year-old, 200-litre bourbon cask of single estate, pot Curraghmore Irish Whisky, made with barley and oats grown in the 850s. – old property.

This cask has been fractionated into 10 NFTs, with each NFT starting at $1,030. When a user “collects” or purchases one of these NFTs, they are basically purchasing a share of this 200 liter cask of Curraghmore Whisky, which will be bottled at a later date and they will also automatically become a Curraghmore Legacy Cask Member.

Legacy Cask Members have access to benefits and activities at the Curraghmore Estate, including access to Ten Stalls – a private whiskey lounge available for private tastings.

At the end of the project, which is linked to the cask’s maturation date at 15 years of age, NFT owners are entitled to their share of 18 bottles of the cask’s whisky.

The NFT can be sold at a price the holder sees fit, with its utility, at any point in the project’s timeline.

For more information on how to get an NFT and Legacy Cask membership, check out www.curraghmorewhiskey.com.