FAQ

When will it be possible to buy shares in Faer Isles Distillery?

Founder's Club members can buy shares from 25. February 2021. The general public can purchase shares from 15. March 2021, but people can preregister by uploading the ID documentation required by law.

Will it only be possible to buy shares in the company using crypto currencies?

No. Via our web shop you will be able to buy shares using regular currencies (EUR, USD and DKK) or crypto currencies (Bitcoin and Ethereum). The share register will be hosted on www.digishares.io

What is an STO?

A security token offering (STO) is a type of public offering of shares in which the company shares are tokenized as digital securities (security tokens), which can later be traded on cryptocurrency exchanges. In our case, the tokens represent real financial assets, and we use a blockchain virtual ledger system (provided by Digishares.io) to store and validate token transactions. The system also functions as the digital shareholder registar.

When will Faer Isles products be available for purchase?

We plan to sell Faer Isles Gin on the market late summer 2021. Due to maturation, Faer Isles Whisky is not expected to be available until Q3 2024

What types of spirits will Faer Isles Distillery produce?

Initially, gin and single malt whisky. But who knows what the future will bring. The Faroe Isles is rich with natural ingredients.

Will it be possible to purchase Faer Isles products outside of Europe, Asia, and the Americas?

Yes, we hope to overcome the current obstacles to allow purchase on our website from all over the world. Faer Isles products will also later be sold via local shops and website in other countries.

What does the name mean?

"Faer Isles" was the name used in the first written account by Irish monks of these remote islands. It means "sheep islands" and later transformed into the spelling used today, the Faroe Islands.

As a member of the Founders' Club, when will I get my reward package?

Since the whisky needs to mature for 3 years, the reward package will be sent in two. First, you will receive the gin and new make whisky in Q3 2021. We expect to send the 1. ed. whisky in Q4 2024.

What does the Fair Isles Founders Club membership include?

A reward package with three special edition bottles of spirits, discounts and special offers for exclusive tastings and events, and discount on the purchase of shares in the company.