Daily Wine News: NFT Craze

Posted by | Posted in Wine News | Posted on 06-22-2022

The NFT craze has reached the fine wine trade. But is this is a digital fad or a potentially groundbreaking development? In the World of Fine Wine, Chloe Ashton reports on barrels, bottles and blockchains.

For CNN, Douglas Heye remembers his father Bruce Heye, a relentless advocate for North Carolina’s wine industry, who died in 2016 and left behind a 300+ bottle wine cellar. “…one bottle loomed large: Château Latour 1990…Professional reviews all raved about the Latour, ranging from “one of my favorite wines ever” by Wine Spectator, to Jancis Robinson declaring it “a dream wine.” Steven Tanzer praised the “incredible unfolding peacock tail of a finish.” Vinous called the 1990 Latour “like running into a long-lost friend.” Unlike Tanzer’s take, that I understood. It became his last bottle from his cellar. Opening it this May to celebrate his 80th birthday seemed appropriate.”

In Club Oenologique, David Kermode says it’s high time English rosé came into full bloom.

In the San Francisco Chronicle, Esther Mobley looks at the future of self-driving tractors in California vineyards. (Hint: It’s much closer that you might think.)

In the Sonoma County Gazette, Caren McNamera explains why she founded Conscious Container, which his launching a bottle-washing business in Sonoma County to bring better opportunities for the refillable bottle market.

Mike Veseth, the wine economist, explores stagflation and shrinking wine margins. “So far wine prices have not risen as fast as consumer prices generally, which have been up more than 8% on an annual basis in recent months. Wine prices (and beer prices, too) have risen less than half that, which means they have fallen in real (inflation adjusted) terms.”

Eden Rift remembers winemaker Josh Jensen.

In the Manual, Mark Stock reports on America’s first queer wine festival, to be held on June 24 in the Willamette Valley.

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