SINGAPORE’S SAGO HOUSE LAUNCHES FIRST OF ITS KIND NFT COCKTAILS

The venue on Chinatown’s Sago Street creates six new drinks weekly, and with that comes a back catalogue of cocktails they plan to compile into a book. But that involves money, which is not exactly forthcoming for an independent bar.

“A lot of the times (when creating a cocktail book) is that the whisky brands pay for the whisky drinks, and the gin brands pay for the gin drinks,” Sago House co-founder Jay Gray said. “We wanted to give everyone a fair shake to be in the book.”

So Gray turned to a most modern of solutions for raising funds: non-fungible tokens (NFTs). Launched on 4 May, the first collection turns over 270 cocktails into digital art that lets owners revisit past drinks while raising funds for the bar.

Sago House is located at 40B Sago St, Singapore 059029. Book here. Purchase the NFTs here.

Read more in Lifestyle Asia.

Read more in Drinkmagazine Asia.

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