How Damon Nam’s PRIVÉ NFT Is Leveraging the NFT Space to Authenticate Their Champagne How Damon Nam's PRIVÉ NFT Is Leveraging the NFT Space to Authenticate Their Champagne

Blockchain is, without a doubt, one of the key inventions of the twenty-first century. It's a digital transaction ledger in which a transaction is recorded in every participant's ledger, or blockchain, across a network of computers. Because of decentralized recordkeeping, individual parties cannot alter or change the outcomes.

Though NFTs are most commonly linked with the creative sector, technology is also being used to improve other businesses. The latest recruits are luxury champagne and wine companies, with projects like the PRIVÉ SOCIÉTÉ NFT, already embracing digital assets to improve their customer experience.

PRIVÉ SOCIÉTÉ NFT is a new worldwide digital community that bridges the gap between the digital and physical worlds. PRIVÉ NFT ownership gives members access to a special membership club of entrepreneurs, investors, tastemakers, artists, and connoisseurs who receive a lifetime of perks and networking possibilities.

Damon Nam, an accomplished entrepreneur with over 23 years of experience as a technology executive and entrepreneur, including 17 years at Microsoft, founded the PRIVÉ SOCIÉTÉ NFT initiative. Damon Nam has spent the previous six years as a co-founder of Coin and an advisor to HODLVERSE in the emerging blockchain business. As a result, he is one of the most experienced and forward-thinking developers.

Unlike many NFT efforts in the market, the Damon Nam’s team is committed to fusing the digital and physical worlds by combining art, lifestyle, community, and product to create a unique lifestyle ecosystem beyond a JPEG image. They're developing a one-of-a-kind NFT collection that will use blockchain technology to aid in membership authentication and supply chain tracking for PRIVÉ Réserve champagne.

PRIVÉ Réserve is brut champagne from France that combines cutting-edge technology with traditional methods. PRIVÉ Réserve is produced in small batches in conjunction with Frerejean Frères in Avize, France. Frerejean Frères produces award-winning champagnes and has been designated the Michelin Guide's official champagne for three consecutive years. PRIVÉ Réserve is the world's first spirit brand powered by a global community of members, and limited-edition bottles will feature art created by their community.

Also, Frances and Champ are the official mascots for the PRIVÉ NFT membership collection that contains 9,999 unique characters. PRIVÉ extends beyond NFTs and fuses the physical and digital world to create an entire ecosystem of products and experiences.

Access to the PRIVÉ network, PRIVÉ Réserve champagne, private global tastings and events, and much more are all included in club membership. Partnerships with the metaverse, apparel and toys, and new product lines are all on their list. Members receive bottles of PRIVÉ RESERVE champagne per year, as well as invites to events such as parties and private tastings and an ever-growing range of VIP amenities. PRIVÉ RÉSERVE champagne was created in Avize, France, and club membership is limited to less than ten thousand global members.

As the community grows, Damon Nam PRIVÉ intends to provide members with even more exciting benefits. It includes rosé and cognac spirits, toys, commodities, and unique lifestyle experiences. In the coming years, PRIVÉ's success plan will consist of new product lines and metaverse collaborations. Value addition and additional lifestyle activities will be the project's future focus. With such innovation, PRIVÉ intends to succeed in this area, giving actual value and boosting earnings for members year after year.

Photography by: Courtesy of PRIVÉ SOCIÉTÉ NFT