The Gwart Show | Bitcoin Tech & Culture cover image

The Gwart Show | Bitcoin Tech & Culture

Whiskey: does it need to be on the blockchain?

Nov 10, 2024
01:11:51

Spirits on the blockchain? We’re joined by a digital marketplace for Whiskey, BAXUS, to get a better understanding of RWAs. 


Follow our guest on Twitter: @BAXUSco @web4o

Timestamps:


00:00 Start

01:27 Baxus background

03:20 Whisky quality level

07:19 Creating Baxus

11:28 How does Baxus work?

12:54 KYC

17:48 Low end whisky market

22:23 Whisky fandom

23:53 The oracle problem

26:52 Why does this need a blockchain?

32:05 Brick and mortar locations

33:27 UI & blockchain

34:10 Crypto users vs normies

38:34 Web 3 future?

40:25 Blockchain as trusted ledger

44:55 Trend toward high value assets

47:00 User arbitraging the assets

48:41 Wouldn't makers just go to Baxus not stores?

49:21 Distributors & regulations

51:37 Opting out of legacy systems

54:58 Investing in bottles

59:17 Whisky as store of value

1:04:42 Subject theory of value


👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter.


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