HYFI Whisky Fractions Marketplace
Whisky Fractions Marketplace is a digital platform where users can buy, sell & trade fractional ownership of whisky casks.
1. What is HYFI Whisky Fractions Marketplace
Whisky Fractions Marketplace is a digital platform where users can buy, sell & trade fractional ownership of whisky casks.
A Whisky Fraction is a portion or percentage of ownership in a specified whisky cask.
Whisky Fractions represent partial ownership in a tangible, physical asset—namely, the whisky cask and its contents.
2. How the Whisky Fractions Marketplace works
- The Whisky Fractions Marketplace Team collaborates with experts to identify Whisky Casks with the best profit potential.
- Once identified, these Casks are showcased on the online Marketplace.
- Registered members fund their Whisky Fractions accounts with US Dollars using the currency of their choice. This can be done using a credit card or by making a bank transfer to our US Bank Account.
- Members specify their interest in a particular cask and indicate the number of fractions they're looking to acquire. The relevant US Dollars are then "locked".
- When a Cask garners sufficient interest, funds are debited from the relevant members' accounts, and the cask is purchased by HYFI Fractions Corporation (1603 Capital Avenue, Suite 413 #4067, Cheyenne, WY 82001, United States).
- Equivalent Fractions are allocated to the purchasing members' accounts.
- Members can list their Fractions for sale in just a few clicks. Other members can buy listed Fractions.
- All members can access the price information of all listed Fractions.
3. Information provided for each cask
- Cask metrics e.g. OLA (Original Litres of Alcohol), ABV% (Alcohol By Volume), Bulk Litres, AYS (Age of Youngest Spirit), Estimated Bottles, Total Fractions
- Distillery details
- Cask description & What makes the cask special
- Cask type e.g. 1st Fill Barrel
- Purchase Price, Tokenization Fees, Storage & Insurance
- Details of the entity from whom the cask is purchased:
- Name, registration number & address
- VAT registration number
- Warehousekeepers and Owners of Warehoused Goods Regulations 1999 (WOWGR) No
- Alcohol Wholesaler Registration Scheme (AWRS) URN
- EORI (Economic Operator Registration and Identification) No
- Duty Representative No
- Relevant documents are also available for download - Certificate of Ownership, Invoice, Transfer of Title.