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PES2020-Prosj.etabl.støtte H2020

A new operating standard for securing wine data as non-fungible items, based on the new ERC-721 token protocol on the ethereum blockchain.

Tildelt: kr 49 999

Prosjektleder:

Prosjektnummer:

289541

Prosjektperiode:

2018 - 2020

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WineVault (WiV) team is applying Blockchain technologies to the world of wine investments. WiV is an Ethereum Smart-Contracts governed ecosystem that focuses on creating the best conditions for wine investment eliminating costs due to unnecessary intermediaries, providing transparency and liquidity, alleviating tax inefficiencies and easing cross-border transactions under a well proven investment platform. WiV will also launch our own wine exchange in Q3 this year. Wine Investment Asset Ledger is a new Ethereum Smart-Contracts governed ecosystem that applies Blockchain technologies to the exclusive wine investment industry, giving greater access to global investment in wine, lowering barriers to entry, and increasing market liquidity. It will offer an effective method of investing and securing the value of the existing +431 Billion USD equivalent in cryptocurrency into the less volatile and growing wine investment market by offering an asset management platform for wine collectors and value appreciation. Key to our ecosystem is the innovation of WiV Tokens, a unique Blockchain-secured digital asset with inherent value as a secure token, which may be traded or used to purchasing wine in bonds or as a sole investment on our platform or as a licensed open API for others to utilize. This ecosystem frees consumers to participate in the wine investment market without the traditional high barriers to investment. Distributed ledger technology would become the primary catalyst for the disintermediation of trusted third parties while simultaneously birthing an entirely new asset class.

Budsjettformål:

PES2020-Prosj.etabl.støtte H2020