Wine & Blockchain. Future of Crypto Backed Asset Trading.
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Hi Steemit. Recently there are many interesting projects that are aimed at the community. Blockchain technology is completely changing our world. They open up new opportunities in all sevres of business and life. The project which will be discussed today is successfully conducting its ICO company. And if you like it you can join it. The project is called CWEX and it creates the world's first exchange for wine where the blockchain and cryptocurrency will be used.
A non-standard approach to doing business is what we need. This platform opens up new opportunities for winemakers from around the world. The market for this product is very large and can be found all over the world. Wines of France, Italy, Chile, Germany. All this creates enormous potential for the CWEX (Wine Exchange Hong Kong) platform.
To experience the full potential of the CWEX project, I searched for information on the Internet in terms of the volume of wine produced in various countries.
Unfortunately, I could find only the data for 2017, but I think they will be useful to you. Move the table.
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Vineyard volumes are in 2010 from Wiki
| Country | total area (thousand hectares) |
|---|---|
| Spain | 1082 |
| France | 825 |
| Italy | 798 |
| Turkey | 505 |
| China | 490 |
| United | States 404 |
| Iran | 300 |
| Portugal | 243 |
| Argentina | 228 |
| Romania | 204 |
| Chile | 200 |
| Australia | 170 |
| Moldova | 148 |
| South Africa | 130 |
As we can see the volume of wine production is very large. Wine is also produced worldwide. Therefore, the CWEX Platform covers a huge market.
But that's not all friends. Now we will talk about investing in this wonderful product. The CWEX project opens up a new opportunity to invest in wine. If you have not heard of such a possibility, I would like to quote information from one blog.
Collecting wines and investing in wine is now considered fashionable and prestigious and profitable all over the world. Refined wines have long been a commodity for capital investment in order to increase it. The older the wine, the tastier it is, and its price is higher. By purchasing a new wine and observing the storage conditions, you can safely increase the price 5 times in 4 years. For the year, the profit will be 30 - 35%. Some wines rise 10 times in price over several years. Therefore, wine investment is considered a profitable event.
Best wines for investment: A novice investor should focus on well-known brands of wine. Experts guarantee high incomes primarily from French wines, like Bordeaux, Burgundy, Champagne, Rhone Valley. Natural features of the region allow wines do not spoil for decades
Source (RUS): https://pammtoday.com/investicii-v-vino.html
The project also conducted its analysis of the wine investment market. Wine is now the second investment product from collectors. In the project documents, I found an approximate investment chart.
This platform will combine the market of winemaking and investment in wine with the cryptocurrency world. That will open up great potential for both parties in the future.
CWEX
CWEX is a blockchain-based trading platform. Created for icing the Win market and cryptocurrency investments. This platform allows you to invest in expensive wines. Stay anonymous by blockchain technology. Locking certificates in the blockchain chain. And makes the wine market global.
How does all this work? Wine producers send wine to the CWEX exchange (listing) - following the example of cryptocurrency. Each wine is a specialized certification for authenticity. What is a guarantee of quality wine? The certificate gives you the right to store wine or transport, you can also trade certificates of your wines on the exchange.
All these operations will be perfectly removed with a small commission and completely incognito. What makes CWEX the future leader in the trade of vintage wine.
Also in the project documentation were described as guarantees. That the CWEX project guarantees the safety and quality of all wines. In more detail, you can know about it from the project documents.
For investors
The project is very interesting in terms of investment. A good idea. There are competitors in the exchange, but not on the blockchain chain. The prospect of investing in wine. There is a demo version of the future CWEX exchange.
PreICO Price 1 CWEX = 0.16 USD PREICO TIME
20 days 3 hours left. According to the CWEX website, sales at PREICO are approximately (picture).
ICO
| Token | CWEX |
|---|---|
| Platform | EOS |
| Type | EOS |
| PreICO price | 1 CWEX = 0.16 USD |
| Price in ICO | 0.2000 USD |
| Accepting | EOS, ETH, BTC, LTC |
| Distributed in ICO | 62% |
| Soft cap | 1000000 USD |
| Hard cap | 10000000 USD |
Conclusion
The idea is good. The potential is huge. Anonymity and guarantees always attract investors. The combination of two cryptocurrency and wine investments may lead to higher prices for both products. Thanks for attention.
[15 December, 2018 - 21 March, 2019]
Twitter: https://twitter.com/CwexWine
Facebook: https://www.facebook.com/cwexio
Telegram: https://t.me/cwexio
LinkedIn: https://www.linkedin.com/company/cwexio
Youtube:
Reddit: https://www.reddit.com/r/CWEX
Whitepaper: https://cwinex.io/CWEX-Whitepaper.pdf
Website: https://cwinex.io/
Autor
Bitcointalk Username: anatolij.shishkin
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2280356
ETH 0xae291938EcF7887cbD6edAa42Dec3d9abC9dEa94
There are too many categories of ICO,
Said they are bound to a certain kind of product,
As you said CWEX,
He bound the wine,
In other words, the wine will have a certificate at the CWEX exchange.
But what is the voucher?
Most are fabricated out of thin air,
That is,
The exchange may not know the wine merchant,
but because famous for that wine,
So he list voucher of wine on the exchange.
So the voucher - can only be regarded as a name for the wine in the block - only for blockchain.
The exchange did not get the actual trademark rights of the wine.
Unless the exchange can present his voucher = the trademark right of the wine,
For example, if the trademark of the wine is worth $1 million,
CWEX's voucher = shareholding of trademark rights,
That CWEX's credentials are of real value.
otherwise,
CWEX's Portuguese wine voucher is just a trading method on the Internet.
If one day - CWEX's wine certificate is extremely valuable due to the hot transaction,
The wine merchant say that the name on the Internet should also be her thing, because the wine merchant owns the actual trademark rights of the wine - so he advocates CWEX infringement, I fearing that CWEX's wine certificate will immediately dive.
“MINNOW SUPPORT QUEST COMPLETED”
Posh comment by my friend. Anyway. The project has a great idea. Let's see how it will be implemented and legalized.
So, we can buy wine with crypto?
I guess CWEX should work as a security token, isn't it? Since the tokens represent a real value. It's good to know they use EOS blockchain, because it is more scalable than the blockchain ethereum.
Interesting post Mr. @carbodexkim
Yes, we can order a couple of French bottles. But I think we will not be able to do it soon. Now there are preliminary sales.
Good to know.
Btw, I got here via @crypto.piotr
Happy Holidays!
Wine can be bought in the long term, taking into account the storage, an interesting idea
thanks for the article
Yes, a huge investment market!
One of the good investment options today. I liked the concept of the project.
Thank you for supporting me. The idea is very interesting. Let's see how this will work in real time.
Very interesting your article. I would never have thought that wine was a possibility to invest through the blockchain. I think I will learn a lot by following you.
I follow you by suggestion of @ crypto.piotr
Happy day!
Thank you for visiting my blog. I do not urge to invest. I just discover new technologies for all of us. Have a nice day.
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This project is clearly to my liking
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the blockchain technology has actually been adopted because of its nature of decentralization and how it reduces the chain of transactions. Running the wine industry on the blockchain technology is actually a laudable idea and i believe it would go a long way to make transactions easier as they still supply the world with quality wine.
I think that the platform is intended for the purchase of collection wines. The platform itself provides new opportunities for the industry itself.
The project was interested in. Thanks to the author for work!