La Flor Dominicana’s first NFT sold for $85,000 yesterday.
NFTs were sold through the UREQA platform Offered on the Ethereum blockchain. NFT looks like La Flor Dominicana Andalucia Bull Toritos (6 1/4 x 41 Lonsdale version of Andalucia Bull). golden bull As part of the NFT project.
La Flor Dominicana plans to release 7 NFTs. NFT owners can purchase 70 The Golden Bull cigars per month. Real cigars are not NFTs. If the tokens are sold, new owners will also be able to purchase Golden Bull cigars for as long as they own the tokens. The Andalusian bull blend uses Ecuadorian Corojo his wrappers over Dominican binders and Dominican fillers grown in the Estancia La Flor de Palma. Although not sold in stores, La Flor Dominicana has used them for a variety of non-retail projects in recent years.
In addition, each auction winner will receive a Gold Bullion Humidor, a 50 count humidor personalized for each auction winner.
The first Andalusian Bull The Golden NFT auction had 26 bids, some from cigar retailers. The second auction is scheduled to end tomorrow, Monday, August 15th, with minimum bids of over 25 ETH and over $48,000 as of Sunday afternoon.
This is not the first time La Flor Dominicana has created a membership program to distribute these specific cigars. La Flor Dominicana did something similar with the Fleur D’Or Club. A club created for those who have purchased one of the company’s high-end cutters, with prices starting at $16,000 when announced. Cutter’s owner is a member of the Fleur d’Or Club and Andalusian he is eligible to purchase the special release which includes Tritos.
This isn’t the first time a cigar company has created an NFT project. United Cigars announced The 2021 project revolved around Atabey Black, hinted at as a future cigar.