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Chinese Liquor Giant Moutai Unveils NFTs Linked to Liquor Bottles

Chinese liquor giant Kweichow Moutai, one the largest Chinese companies by market capitalization, announced on Saturday the launch of its non-fungible tokens (NFT) collection that provides owners with rights to purchase limited edition liquor in the real world.

Moutai started issuing the 113,960 Lichun-themed NFTs, locally known as “digital collectibles,” last Saturday, with their physical liquor counterparts. Each bottle is bound to one blockchain-based NFT.

(By TOM ZUO)

China
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