Shaken, Stirred and Tokenised

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22nd July 2025
This post was written in collaboration with Binance
5 min read
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Imagine you’re at a rooftop bar in Frankfurt, city lights glimmering below, and the bartender hands you a cocktail that’s more than just a drink—it’s a digital collectible. This isn’t some speculative future or a tech conference gimmick. It’s happening today, as bars and mixologists experiment with NFTs (Non-Fungible Tokens) to create new experiences for their guests. And while we’re here, the bitcoin price today is often fluctuating—a reminder that digital assets are becoming part of our everyday conversations, whether we’re talking finance or cocktails. The value of NFTs, including those tied to cocktails, often moves in step with the broader crypto market. When bitcoin surges, buyers tend to feel more confident about spending on digital collectibles, and bars offering NFT cocktails can see increased interest and higher bids. Conversely, when bitcoin dips, the appetite for these novel digital assets can cool off. In this way, the fortunes of NFT cocktails and the mood of the crypto market are surprisingly intertwined, making your next drink order a small reflection of global digital trends.

So, what’s really going on with NFT cocktails? Let’s take a closer look at how blockchain technology is quietly making its way into the world of mixology, and what it means for those of us who appreciate a well-crafted drink.

How Bars Are Serving Up NFTs

NFT cocktails are, at their core, unique digital assets—recipes, artwork, or exclusive experiences—minted on a blockchain. They’re bought, sold, or traded, often bundled with real-world perks. This isn’t just a tech experiment. In February 2025, nhow Frankfurt’s NFT Skybar launched the “Daydream Trip” NFT series: 30 digital artworks by David Zuker, each granting a year of priority access, a complimentary cocktail, and an invite to the launch event.

London’s Eve Bar, led by chef Adam Handling, took a similar approach, releasing 13 cocktail NFTs on Opensea. Prices reached up to 2 Ethereum (about $5,600 at the time), and buyers received not just digital art, but recipe cards and complimentary drinks. Some even got access to secret recipes and a masterclass with the bartender behind the creation.

Stateside, Quality Eats in New York sold its “Into the Ether” cocktail NFT for 0.75 Ether (roughly $1,400), while Oslo’s Himkok bar partnered with illustrator Esra Røise to release a menu of 13 cocktail NFTs, each selling for 0.5–1 Ether ($1,140–$2,282). These aren’t isolated experiments—they’re part of a growing movement in major cities.

Provenance on the Rocks

You might wonder why bartenders and bars are embracing NFTs. The answer is a blend of legal, financial, and creative motivations. Cocktail recipes, as it turns out, aren’t protected by copyright. NFTs enable bartenders to be more assertive about what they produce. They create digital ownership and provenance. 

There is also a more practical functionality as the sale of NFTs gives bartenders an additional way to earn money. For cocktail NFTs, the range was $1,100 to $5,600 (depending on the venue) and a mocktail was sold for $250. There is also a marketing element to NFT cocktails as the "drops" and the buzz surrounding them creates exclusive experiences. For example, the NFT cocktails sold from nhow in Frankfurt offered an NFT buyer access to a pre-event experience. At Eve Bar buyers who purchased NFT cocktails received access to secret recipes and knowledge through masterclasses. 

You could argue the true value is in community engagement. As NFT holders often enjoy free drinks, and access to secret or exclusive events. This helps to forge loyalty that promotes repeat enjoyment in a subtle way to form followership in a crowded market. 

The New Garnishee of the Market

While there is still a niche category with the NFT cocktail market, it is growing. Noting recently the highly lauded launches in London, Frankfurt, New York and Oslo, there is valid interest from both bars and patrons in the NFT space. And, this interest is not only from smaller venues, major beverage brands, such as Budweiser and Glenfiddich, which have recently launched NFT campaigns, also generated numerous interest with some selling out within hours. 

What’s interesting is how these NFTs are typically bundled with real-world experiences, increasing their appeal and value. After the financial challenges of recent years, NFT sales have provided bars with alternative income streams and a way to stand out.

Here’s a quick snapshot of what’s happening:

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  • Cocktail NFTs have sold for between $1,100 and $5,600, depending on the venue and market conditions.

  • Buyers often receive more than just a digital asset—perks can include complimentary drinks, event invitations, and even private masterclasses.

  • The trend is part of a broader movement, with major brands and independent bars alike exploring the possibilities of blockchain in hospitality.

If you’re curious about how traditional cocktails are crafted, you might enjoy exploring Teeling cocktail recipes for a taste of classic mixology.

Legal Chasers

There are, of course, some legal and practical considerations. While NFTs offer a new way to assert digital ownership, the underlying recipes themselves aren’t protected by copyright. This means that while you can own the NFT, the recipe might still be shared elsewhere.

Selling NFTs linked to alcohol can also raise regulatory issues, especially in the US, where alcohol sales are tightly controlled. Some venues have navigated this by using third-party platforms with the necessary licenses to ensure compliance. And when it comes to resale, NFT owners can often sell their tokens on secondary markets, but the terms may limit what’s included—sometimes it’s just the digital art, not the physical perks.

A Toast to Tomorrow

NFT cocktails are already reshaping how recipes are shared, owned, and monetised in the hospitality industry. The trend is still emerging, but early adopters are seeing tangible benefits in revenue, marketing, and customer engagement. As blockchain technology matures, it’s likely we’ll see more venues experimenting with NFT cocktails, further blurring the lines between digital and physical hospitality.

It’s not about replacing the classic cocktail experience, but about adding a new layer—one that’s as much about community and creativity as it is about technology. And perhaps, as we watch the bitcoin price today fluctuate, we’ll also see the value of a good drink take on new meaning in the digital age.

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