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Wine NFTs: Gimmicks or Good Investment?

·4 min read
Wine NFTs: Gimmicks or Good Investment?

As NFTs soared in popularity last year, they got adopted by a number of industries, including art, sports, music, and more. It's hardly surprising to learn that the high-end wine market has joined the NFT party. From established names in the wine industry such as Penfolds and Chateau Angelus to celebrity names such as Sarah Jessica Parker’s Invivo X and basketball superstar Yao Ming's Yao Family Wines, many say wine NFTs are the next big thing.