[NEWS] Suntory to release beer with NFTs using Avalanche

2024/11/20 12:30
Editors of Iolite
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[NEWS] Suntory to release beer with NFTs using Avalanche

Suntory's first attempt

Suntory will be selling a beer that allows users to acquire NFTs. These NFTs will be issued on the Avalanche (AVAX) blockchain. Avalanche announced this on the 20th.

According to the announcement, NFTs can be acquired by purchasing a 715ml bottle of "The Premium Malt's Master's Dream Yamazaki Genshu Barrel Aged 2024". The bottle is equipped with an NFC (near-field communication tag) that is used for electronic money, and when the tape covering the cap is torn, the NFC detects it. At that time, an NFT can be acquired as proof of consumption.

This initiative was announced at "Thailand Blockchain Week" by Hirata Roy, Head of Japan at Ava Labs, the developer of Avalanche. This time, the project will finally be launched.

Various initiatives linking food and beverage with NFTs

Suntory is showing its commitment to creating new Web 3.0 experiences using NFTs. It has launched GoodMeasure as an in-house venture subsidiary and is working on the "SAKAZUKI NFT" project. SAKAZUKI NFT places emphasis on "experiences that money cannot provide" and is trying to create a new business model by creating a fan community.

Also, there are already several initiatives that combine food and drink with NFTs. A representative example in Japan is the "NFT Chips Campaign" in the "Calbee Bee Program" that Hakuhodo worked on with Calbee and others. This campaign attracted attention as a gift campaign for purchase-growth type NFTs, where NFTs grow in conjunction with actual purchases.

In August of this year, DEA (Digital Entertainment Asset Pte. Ltd.), a Singapore-based company that operates the GameFi platform, began working on the overseas expansion of "Sake World NFT," an NFT marketplace for sake operated by Leaf Publications.

It is expected that there will be more initiatives combining NFTs with food and drink in the future.

Reference: Announcement
Image: Quote from the announcement

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Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.