Friday Oct 11, 2024
Revolutionizing Spirits Trading: How BAXUS and Booz App Are Changing the Game with Finian Sedgwick
In this episode of the Proof University Show, host Justin Obey sits down with Finian Sedgwick, COO of BAXUS, a groundbreaking blockchain-based platform transforming how high-end collectible wines and spirits are traded. Finian shares his journey from the corporate world at Pernod Ricard to becoming a driving force behind BAXUS, offering a fresh perspective on combining cutting-edge technology with the rich traditions of the spirits industry.
Finian and Justin discuss how BAXUS is using blockchain to create transparency and accessibility in the collectible spirits market, making the process of buying, selling, and trading rare bottles more seamless than ever. They also explore the role of BoozApp, a powerful tool that empowers consumers by providing real-time price discovery and insights into fair market value across the world of alcoholic beverages.
This episode offers a deep dive into the challenges faced by independent brands, particularly within the complex three-tier distribution system of the United States, and how BAXUS is helping level the playing field for collectors and enthusiasts. Finian's insights shed light on the power of community in building a more connected spirits industry, where passionate consumers can access the bottles they love, from the everyday to the most exclusive vintages.
Whether you're a whiskey lover, a tech enthusiast, or curious about the future of the spirits industry, this conversation is packed with valuable insights on digital transformation and the evolving landscape of collectible spirits.
Listen now to learn how blockchain is shaping the future of spirits trading, only on the Proof University Show. Don't forget to like, comment, and subscribe for more episodes!
00:00 Introduction and Guest Welcome
01:12 Finian's Background and Career Journey
03:59 Discovering Blockchain and Joining Baxus
06:08 How Baxus Works and Its Unique Features
11:01 Challenges and Opportunities in the Spirits Market
18:23 BoozApp and Community Engagement
25:01 Technical Difficulties and Apologies
25:21 Introduction to Boozapp and Baxas
26:22 Whiskey Market Insights
28:32 Industry Challenges and Opportunities
32:40 Capital and Investment in Whiskey
37:23 Reconnecting and Final Thoughts
40:29 Balancing Work and Life
42:03 Favorite Books and Maintaining Balance
45:39 Closing Remarks and Future Plans
👋 Hey! I'm Justin Obey and I'm the founder of Obey Creative. We help adult beverage brands pull off the shelf and build communities of raving fans without competing on price. Ask me about our latest offer: The Brand Advantage Blueprint. Within 60 days, you'll have the foundation necessary to build an iconic brand, boost sales, and build a community of fans!
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