Wine Protocol Is The First Official Cryptocurrency Of The Wi...| MENAFN.COM

Monday, 26 September 2022 08:40 GMT

Wine Protocol Is The First Official Cryptocurrency Of The Wine World

(MENAFN- MarketersMEDIA)

Italy - July 25, 2022 —

In an increasingly digital world where, every day, everybody hears media talk about cryptocurrencies and metaverse, WineProtocol is the first utility token in the wine world that wants to leave a tangible mark to demonstrate the impact that decentralization can have on a millenary sector. 

Born from the minds of Andrea Montalbano and Tommaso Selicorni, both 22, WineProtocol aims to create a new and improved wine ecosystem where all the players involved in this industry can have a direct interaction that will benefits all parties. The idea of WineProtocol came to the minds of the two co-founders as a marriage of their passions. Tommaso is a wine lover and a second-grade sommelier, while Andrea is a digital geek with a passion for the crypto world that dates back to 2013. With this project, they want to innovate and improve a sector that it's still recovering from the effects of the global pandemic and that has had a lack of innovation for a very long time. One day, chatting as usual, they discovered these problems and from that, they realised that they could use decentralisation to solve them and improve the wine sector. In order to do that, Andrea and Tommaso relied on the help of those closer to them, and after raising a small capital they've built a team composed of highly skilled friends that could help in pursuing their dream. After months of hard work WineProtocol finally took form. Thanks to the capital raised in various investments rounds regarding the WINE token, Andrea and Tommaso had the opportunity to make their dream real by setting up their Swiss company. 

In essence, WineProtocol is an ecosystem that develops around a multi-phase application. Inside this app users will be able to interact with each other and with the partners of the project (bars, restaurants, wineries, cellars...) thanks to the native cryptocurrency WINE, developed on the Binance Smart Chain. At first, users will gain the token using an innovative reward system that will allow them to get WINE by taking a selfie while drinking wine, all this thanks to a software developed by the team. Yes, with WineProtocol users can earn money while drinking! These tokens, that can also be bought on exchange like PancakeSwap, will be held by the users inside the WineWallet, a multichain wallet that allows users to manage their tokens, check their balance, send/receive $WINE and monitor their transaction history. The app will then involve the official partners of the project. By using the combination of geolocalization and a map, the application will allow users to find and interact with partners and gain additional reward by taking selfies inside the partners' activities. This interaction will generate benefits for both parties as the user will gain more $WINE, while the partner will gain a larger exposure to an ever-growing community. Eventually, thanks to the partnership with cellars, users will be able to stake their tokens and get access to exclusive benefits. In fact, top holders will have the ability to take part in exclusive auction that will differ depending on the quantity of $WINE tokens inside users' wallets. In these auctions the winners will get a rare NFT of the label of the bottle and the bottle produced by WineProtocol and the cellar. Being so limited, these NFTs will held a grate value.

On the 23rd of April WineProtocol held its first on-site event where, after an innovative auction, seven unique NFTs, representing the various step of the wine-making process as a label of a wine bottle, where sold for a total of 68.00$. Later this summer a staking platform will be released, along their firs collection of utility NFTs. These NFTs will grant the user a multiplier for the APY offered by the staking platform (I'd keep an eye for when these assets will drop!).

Another reason to hold a great amount of WINE is the possibility to access exclusive, fully paid, on-site events, where experts of the wine sector and special guests will provide users a unique wine tasting experience. The end goal of WineProtocol is to build a wine-metaverse where hollers can visit cellars, buy bottles using WINE, attend digital auction and much more. To keep up with the evolution of WineProtocol, follow them on Instagram @WineProtocol or visit their website , or join their Telegram group chat, where all news and updates will be posted. On their website people can also learn more in detail about the project by reading their Whitepaper and their Tokenomics. Is it a good moment to get on board this innovative, sector-changing project? Probably yes. Being a $WINE holder means having access to all their exclusive benefits while revolutionising the blockchain one sip at the time!

Contact Info:
Name: Wine Protocol
Email: Send Email
Organization: Wine Protocol
Address: Italy

Release ID: 89078770


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