Flasko, a blockchain protocol building a revolutionary alternative platform specifically for the rare wines, whiskeys, and champagnes segment, announced the launch of its presale today, with investors lining up to participate.
Alternative investments are in the spotlight in the wake of extremely bearish market conditions, considering their lack of correlation to traditional financial instruments. This makes them excellent choices for portfolio diversification, considering their robust potential.
For the longest time, the problem with alternative investments is that they have high barriers to entry.
Problem solved – Flasko eliminates all the traditional barriers to entry in the alternative investments space, which was once limited to institutional investors and extremely wealthy individuals.
Vintage wines, whiskeys, and champagnes have long been used as a medium of exchange as a valuable, scarce, and profitable commodity that increases in quality and price over time.
True enough, over the past several decades, vintage wines, whiskeys, and champagnes have performed exceptionally well over the past several decades, generating better returns than traditional instruments and commodities as a whole.
Flasko (FLSK) Widening Access to Alternative Investments
Flasko is building its revolutionary alternative platform tailor-made for the $1.4 trillion-dollar rare and vintage wines, whiskeys, and champagnes asset class.
Flasko’s main value proposition is broadening access to the alternative investment sector, which can be the difference between making a profit or losing it all in such volatile market conditions.
Flasko does this by enabling investors to buy NFTs representing real assets in the form of bottles and casks from the protocol’s vast catalogue of investment-grade wines, whiskeys, and champagnes stored in its state-of-the-art facilities – therefore allowing them to take advantage of their constantly-appreciating value over time.
Flasko also plans to build the first investment launchpad for the industry, collaborating with major luxury beverage companies to distribute their products to an entirely new set of audiences – namely, the user base of Flasko. Conversely, the latter will benefit from exclusive access to discounts and the latest investment-grade wines, whiskeys, and champagnes.
Flasko (FLSK) Primed for a Good Run in 2022
Flasko devs have clearly done their homework by securing the long-term stability, viability, and profitability of the alternative investment platform by locking liquidity for 33 years. Better yet, they have ensured the platform’s security, as evidenced by its successful audit performed by Solid Proof.
Alternative investments are the next big thing – and Flasko is now opening the floor to everyone. In an economic environment where extreme volatility is the norm rather than the exception, Flasko comes in at the right time to provide opportunities to bolster portfolio values through alternative assets like rare and vintage wines, whiskeys, and champagnes.
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