Posted on: April 6, 2021
United Cigars Director of Operations, Oliver Nivaud, has launched the first NFT (Non-Fungible Token) cigar. NFT is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, and other forms of creative work. Nivaud has spearheaded the formation of Concept Cigars, a new venture that will be used to create concept cigars.
Like a concept car, a concept cigar is made to showcase new styling. Concept cars are often shown at motor shows to gauge customer reaction to new and radical designs which may or may not be produced. Concept cigars a similar premise, it may never go into production directly, but possibly could. In time, a concept cigar could undergo many changes before the design is finalized and produced. This is not necessarily a production-intent prototype, just a concept cigar for now with future projects in the works.