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“You Drink It, You Own It” provides the status wine drinking conveys, both by documenting their drinking experience with an NFT, and by connecting drinkers to wine makers in the OpenVinoDAO community. BioDigital Certification assures consumers of the authenticity of their purchases. |
What problems
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OpenVino
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solves, and who are our users.
OpenVino provides value to everyone in the wine ecosystem. This section enumerates OpenVino’s benefits for:
customers (wine drinkers)
supply-chain partners (importers, distributors, wine shops and restaurants, influences, brand ambassadors, wine regulators)
wine producers
wine partners (winery service providers)
the cryptosphere: token speculators, RWA funds, web3 protocols
For the winery
Early access to liquidity (“Liquidity from Liquid”)
Chicken-and-egg problem
Enjoy Access to price volatility
Export Import / Excise Reduce cost tax reduction
Eliminate certification costs (BioDigitalCert)
Connect with real customers - validate quality
Token backed loans
For the supply-chain
Risk reduction
Forwarder - Access to new customer base
Imprinting customers as new crypto users
Ability to pay brand ambassadors / influencers / markets in wine tokens
D.O.'s, INV, and other regulatorsRegulatory friction reduction
Fraud reduction
For the consumer
Valuable asset
Price authenticity
Belonging to the community
First NFT and DAO tokens, risk-free entry into crypto
Attestation authenticity
Gifting, prizes
Liquidity farming and P2P lending
For wine partners
Tokenization of a RWA asset class
Less problematic than other RWA’s - it is based on a utility token.
Participation in RWA stable coins
Incorporating OpenVino data, wine analytics Onboarding services
Integration services
Certification services
Wine analytics and AI. This is OpenVino can help the world make better wines.
(such as, but certainly not limited to: Verivin, db.wine) and AI. This is OpenVino can help the world make better wines.Access to OpenVinoDAO community
The cryptosphere
Tokenization of a RWA asset class
Less problematic than other RWA’s - it is based on a utility token.
Participation in RWA stable coins
Incorporating OpenVino data, wine analytics (such as, but certainly not limited to: Verivin, db.wine) and AI. This is OpenVino can help the world make better wines.
The OpenVino Business Model
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Tokenized carbon credits
The OpenVino Business Model
Wineries can use OpenVino Tokenization, Traceability and Transparency for free!
The only requirement for wineries is that they become members of OpenVinoDAO. For the first ~300 wineries, OpenVinoDAO subsidizes the cost of joining (nominally equivalent to $2500 USD).
So does OpenVino make money and generate value for investors and other OpenVinoDAO investors?
Direct Revenue
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members?
The three primary vectors of value generation for OpenVino are:
Direct Revenue
OpenVinoDAO inflationary token
Composable wine data
Direct Revenue
OpenVino generates revenue from two primary sources: token swaps, and YDIYOI data fees.
All revenue generated is received in an OpenVinoDAO Revenue Wallet. Periodically the contents of the revenue wallet are disbursed to OpenVinoDAO token holder wallets. The automatic disbursement schedule is adjustable, daily / weekly / monthly.
Token Swaps
Whenever someone purchases or sells a wine token issued on OpenVino.Exchange, a transaction fee (swap fee) equal to 1% of the value of the token is levied.
This swap fee is divided into two payments:
50% of the swap fee is paid to the token liquidity provider(s). Initially the winery issuing the token is the liquidity pool provider, but anyone holding wine tokens can participate in the liquidity pool, including OpenVinoDAO.
50% of the swap fee is paid to the OpenVinoDAO revenue wallet.
Essentialy, the more token swaps occur, and the higher the price of the tokens, the more revenue that is generated for OpenVinoDAO.
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Though other decentralized exchanges (DEX) may offer competitive swap rates, ranging from 0.25% - 1%, wine tokens present small volume trades as compared with other crypto assets and are less desirable for generic DEX’s. But even If other DEX’s were to fund liquidity pools with more competitive rates that OpenVino.exchange, this would simply create arbitrage opportunities, and increase the amount of swap fee revenues generated. |
Here is an example of swap fee volume projections:
YDIYOI NFT data fee
OpenVInoDAO token liquidity farming
BioDigital Certification Yield
Inflationary OpenVinoDAO token
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