Monday, June 03, 2019

CRAFT WHISKY CLUB LAUNCHES NEW CASKSHARE PLATFORM

The Craft Whisky Club, part of the Edinburgh based whisky-technology company Uisge Tech Ltd, has today announced the launch of an industry-first platform, to transform the way consumers buy single cask whisky.

Caskshare, which aims to lower the financial barrier to cask-ownership, will allow whisky enthusiasts to reserve shares of whisky casks from their favourite distilleries, choosing between a wide variety of wood types and ages.

Craft Whisky Club launches new Caskshare platform

Single cask bottles will then be sent directly to buyers upon maturation, or even traded between them on the new technology platform.

The first casks to be featured on Caskshare are from the Raasay Distillery. The initial offering includes ex-Bourbon, Chinquapin virgin oak and Bordeaux red-wine wine casks, giving customers the opportunity to experiment with several different finishes.

Commenting on the news, David Nicol, Uisge Tech/Craft Whisky Club Co-Founder, said: “Caskshare offers whisky fans a way to get closer to their favourite distilleries and wood types. Reserving shares of a cask by the bottle allows consumers to discover and experience all of the cask expressions their favourite distilleries have to offer. What’s more, you don’t need to part with the vast sums of money required to purchase a full cask.”

Caskshare is also offering a choice of peated and unpeated spirit, with the first whisky casks listed on caskshare.io being bottled in 2022.

Posted by Steve Rush