Wine as a tradable token
How does the tokenization of wine work?
Digital twin
One bottle - one NFT
An NFT (non-fungible token) is generated for each bottle of wine. An NFT represents the ownership of a bottle, the owner of the token is the owner of the bottle. This makes wine digitally transferable without leaving the warehouse. The wine becomes a digital asset on the blockchain.
Documentation of the storage conditions
NFT contains complete storage history
Temperature, humidity and exposure to light are continuously recorded by sensors and automatically linked to the NFT. This means that every bottle carries its storage history with it - transparent and verifiable before every purchase.
Global trade
Tradable on several marketplaces simultaneously
Wine is an attractive investment - but reselling it is often difficult. That's why True Wine relies on open NFT standards. Each bottle can be offered for sale on several platforms at the same time. Blockchain technology ensures a secure transaction. This not only increases liquidity, but also the availability of wines on the market.
Delivery at any time
Whoever owns the NFT can have the bottle delivered
Whoever owns the corresponding NFT - regardless of the platform on which it is stored - can arrange delivery from the warehouse. This ensures that each bottle goes exclusively to its rightful owner - protected against counterfeiting and perfectly stored.
No blockchain knowledge necessary
Blockchain technology in the background
The use of blockchain technology is often considered complicated - with technical hurdles such as wallets and the secure storage of keys. True Wine makes this effort superfluous: Our customers don't need a wallet, crypto experience or prior technical knowledge. The technology runs invisibly in the background. Payments are made in euros, not in cryptocurrencies. This not only makes the wine trade more modern, but also accessible to everyone.
