January 26, 2022

Dubai New Style

News site from DGN

Dubai’s ColossalBit and Italian Wine Crypto Bank (IWCB) to Launch World’s First NFT

Dubai’s ColossalBit and Italian Wine Crypto Bank (IWCB) to Launch World’s First NFT Linked to a Unique Fine Dining, Wine, and Art Experience

Dubai, United Arab Emirates

Promoted in collaboration with colossalbit.io the ‘CIAO BELLA!’ NFT has been issued by IWCB®, the first token fully backed by Italian rare, investment-grade grapes, based in Hong Kong but with its technological heart in Dubai (italianwinecryptobank.io).


The dinner will be hosted at Dubai’s Bella Restaurant & Lounge by Chef Alessandro Miceli, at 7.30 pm, on November 8, 2021; with the presence of special guest Anna Paclet from Italian Wine Crypto Bank. The Dinner will be signed by renowned Michelin starred master chefs from Italy:

  • Heinz Beck, La Pergola – Waldorf Astoria, Rome***;
  • Max Mascia, San Domenico, Imola**;
  • Marco Bottega, Aminta, Genazzano, Rome*;
  • Sara Preceruti, Acquada Milano

Only 30 diners will be part of the exclusive ‘CIAO BELLA!’ NFT Experience, and the artistic menu of the night; created live at the venue by the renowned Dutch artist DamaIn and signed by the Master Chefs and winemakers; will be destroyed in the presence of the guests, with a flambé made by rare Italian aged brandy, transforming it into a collectable digital masterpiece, only available if the form of an NFT. The destruction of the original physical pieces of art, as part of NFT creation, has been applied to the work of important artists such as Banksy (Burnt Banksy), in the past.Dubai’s ColossalBit and Italian Wine Crypto Bank (IWCB) to Launch World’s First NFT

It’s not a coincidence that the ‘CIAO BELLA!’ NFT is being issued in Dubai, a city that is playing a decisive leadership role in worldwide digital transformation, by embracing Blockchain and digital assets,” says Ciro AriannaCo-founder & CEO of ColossalBit. “As with our previous purchase of the world’s first Augmented Reality NFT Mural “Future NFT Dubai”, we believe in the potential of this industry, and we are working on enabling businesses to adopt NFTs and position Dubai as leaders in this space.”

The 30 NFT buyers, who will enjoy this unique culinary and aesthetic experience, will also be entitled to additional benefits that include a Bella Privilege Card – with discounts of upto 20% at Bella restaurant; a 20% discount on any purchase of Borbone coffee and equipment 800borbone.com; IWB tokens worth USD 250 (iwcb.io); a 20% Discount on De Luca Taylors products; a 25% discount on the price of the next NFT Bella Dinner Experience, to be held within 4 months; and a 50% discount on the next NFT Bella Dinner Experience (no NFT included).

IWCB is proud to issue the world’s first NFT linked fine dining, wine and art experience, to commemorate 12th Italian Cuisine and Wines World Summit. The collaboration with ColossalBit Management Consultancies, was focussed on empowering the exceptional talent that kindly agreed to be part of this world-first event, and to create a truly exceptional and exclusive experience, for the 30 lucky guests.

The ‘CIAO BELLA!’ NFT Experience can be purchased exclusively using Cryptocurrency at the value of 0.40 Ether, at events.bam.fan/catapult/event/3186

About ColossalBit Management Consultancies

ColossalBit Management Consultancies is a Blockchain Advisory, Development and Investment Partnership Company based in Dubai, which empowers builders, makers, brands, and young startups to establish projects, accelerate growth, and thrive in this fast-paced industry. “Our main focus is on NFT projects, and on helping brands and companies understand how they can adapt & integrate this new paradigm shift into their business model,” says Christian Chalfoun, Co-founder & CTO of ColossalBit.