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La Flor Dominicana’s $90K NFT Cigar: Interview with Tony Gomez

February 1, 2025 Usman Dawood 3 min read

La Flor Dominicana’s Andalusian Bull NFT was met with skepticism when it launched, but today, it stands as a case study in how blockchain technology can be applied to luxury goods. In a recent conversation, Tony Gomez reflected on the project, the reaction it received, and how it has influenced the industry since.

“When we announced the NFT, a lot of people thought it was a scam,” Gomez admitted. “At the time, NFTs had a bad reputation because people were selling JPEGs with no real value. But we knew this was different. We weren’t selling an image—we were selling exclusive access to something tangible, something people actually wanted.”

And people wanted it. The seven NFTs, which granted owners access to a limited number of Andalusian Bull Golden cigars, sold for an average of nearly $90,000 each. What started as an experiment quickly turned into a business model, with retailers and collectors finding ways to maximize the value of their purchases.

“One of the NFT buyers built an entire retail concept around it,” Gomez said. “They created a lounge experience, a membership program, and a whole branding initiative that centered around having access to these cigars. That wasn’t something we planned—it was just a natural extension of what the NFT enabled.”

Since then, the cigar industry has started to take notice. Other manufacturers have explored NFT releases, and while not all have seen the same success, the model has proven viable. “It’s not just about the technology,” Gomez explained. “It’s about offering something special, something rare. The NFT is just a tool—it’s what you attach to it that makes it work.”

Looking ahead, Gomez isn’t in a rush to repeat the experiment. “I won’t force it,” he said. “If we do another NFT, it’ll be because the right idea comes along—not just because we think we need to do another one.”

The cigar industry has always been steeped in tradition, but LFD’s experiment with NFTs proved that there’s room for innovation, as long as it serves a real purpose. Whether more brands follow suit remains to be seen, but one thing is clear: the perception of NFTs has come a long way since they were dismissed as mere digital novelties. What was once seen as a passing fad is now a legitimate tool for exclusivity and brand engagement. As cigar culture continues to evolve, it wouldn’t be surprising to see more brands pushing boundaries in ways no one expected just a few years ago.

Watch the full interview below.

About the author

Usman Dawood