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The OpenVino onboarding process.

Tokenization

Transparency

Traceability

OpenVino partners

How OpenVino attracts users

The OpenVinoDAO Governance model

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An introduction to DAOs

  1. Decentralization: DAOs are built on blockchain technology, which enables a distributed network of participants to collectively make decisions and govern the organization. This eliminates the need for a centralized authority or hierarchy.

  2. Autonomy: DAOs are designed to operate autonomously, meaning that decision-making and execution of actions are governed by predefined rules and smart contracts. This allows for trustless and transparent operations.

  3. Transparency: Since DAOs are built on blockchain, all transactions, decisions, and activities are recorded on a public ledger, ensuring transparency and auditability. Anyone can access and verify the DAO's operations.

  4. Governance by Consensus: DAOs employ mechanisms for decentralized decision-making, typically through voting systems or consensus algorithms. Token holders often have voting rights, allowing them to influence the direction and decision-making processes of the organization.

  5. Economic Incentives: DAOs often have their own native tokens, which serve multiple purposes such as governance, voting, and rewarding participants. Token holders may receive incentives for contributing to the DAO, fostering community involvement and engagement.

  6. Smart Contracts: DAOs rely on smart contracts, self-executing code stored on the blockchain, to automate and enforce rules and agreements. Smart contracts enable trustless interactions and ensure that actions are carried out as programmed.

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How much OpenVinoDAO is raising

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Wineries select a wine vintage, based on existing bottle stocks or newly fermented wine and define their tokenomics and branding:

  • VCO start / end dates, and initial price

  • Token name, image, supply

  • Redeem start / end dates

  • Winery branding - images and text

For OpenVino, Winery and token onboarding involves

  • minting new tokens,

  • creating redeem and revenue wallets (non-custodial, owned by the winery)

  • Registering tokens on etherscan, and other registry platforms

  • Provisioning on the OpenVino winery dashboard (ferment.openvino.org)

Transparency

BioDigital Certification requires that wineries provide information substantiating their certification claims (i.e. organic, DOC/AOC, carbon neutral, vegan, etc.).

Wineries can add IoT sensors (Vinduino, weather station) and 360˚ image capture. For this wineries need to purchase sensor and camera hardware (COTS) and a deploy a Netrabrick relayer node.

Traceability

Wineries employing “You Drink It, You Own It” traceability simply need to download and print the NFT QR codes produced by OpenVino, or buy stickers from an OpenVino partner.

OpenVino partners

How OpenVino attracts users

OpenVino will proactively search out the initial ~300 wineries required for Network Effect engagement. Some of the actions planned for this attractor campaign include:

  • Activating wine influencers (i.e. Amanda Barnes, Wine Folly)

  • Participating in major wine events (VinExpo, ProWine, London Wine Fair)

  • Participating in major crypto events (EthCC, EthDenver, Aleph)

  • Viral marketing campaigns, such as collective “Beta Tasting” events

  • Winedrops

For the most part, attracting token buyers and YDIYOI users (wine drinkers) is the responsibility of OpenVino wineries.

The OpenVinoDAO Governance model

An introduction to OpenVinoDAO

(insert animation)

The fund-raising process

  1. Calendar

    1. August 31 to December 31st.

    2. private commitment white-list

      1. First come, first serve

      2. Value add from the investor

      3. Shared vision

    3. minimal success barrier

    4. who is invited

      1. investors that understand wine and/or the opportunities of web3 universe.

      2. friends and family

      3. investors who are comfortable with the model, committed to reaching the network effect breakout - exhausting the 25% promo wallet.

      4. passive Investors, and those who are willing to contribute

        1. liaising with wineries

        2. helping overcome the scalability challenges

    5. The founders commitment

      1. No token sales until network effect has been achieved. This is our success criteria.

        1. onboarding wineries

        2. adding partners

        3. YDIYOI consumers

      2. Achieving “autonomos” and “decentralized” in DAO as quickly as possible after the network effect is achieved (time limit? formula)

      3. Compensating those who have helped OpenVino along the way.

        1. Winedrop! not Airdrop

  2. OpenVinoDAO!

    1. Token issuance

    2. Incentives for all

    3. Dividends and Shares

    4. Comparison with traditional governance and growth structures

    5. Global presence with reduced friction

  3. The Devil is in the details

    1. OpenVinoDAO mission statement

    2. Governance model

    3. Tokenomics

    4. Technology Stack

    5. Roadmap and Timeline

    6. The community Moat

  4. Legal, Compliance and Accounting

    1. The Crecimiento RWA manifesto

Scaling OpenVino into a global service, 1M users and beyond

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This section provides a brief history of the development of OpenVino, and explains now is the time to scale. OpenVino was officially launched on May 6, 2018, with the tokenization of MTB18, the world’s first wine-backed crypto-asset. In 2024, our seventh vintage token, MTB24, was released, along with “You Drink It, You Own It” NFT drinker experience minting.

A brief history of OpenVino

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the development of OpenVino, and explains now is the time to scale

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2024: The year to scale…and why before was too-early.

Scaling OpenVino

Reaching the “network effect” - exponential expansion

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get wineries and partners to tell our story

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Low friction entry barrier

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Economically beneficial to be part of a community

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Automate usage

Who will be our partners?

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Wineries

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Winery supply chain

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Wine consumers

Winery service providers

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onboarding partners

  1. Sergio

  2. Michael Kramer

  3. Eugenia

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crypto ERP providers

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DB.wine

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Vivino?

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BioDigitalCert consultants

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OpenVino was officially launched on May 6, 2018, with the tokenization of MTB18, the world’s first wine-backed crypto-asset. In 2024, our seventh vintage token, MTB24, was released, along with “You Drink It, You Own It” NFT drinker experience minting.

A brief history of OpenVino

Why now is the time to scale

2024: The year to scale…and why before was too-early.

  1. Partner projects

    1. 4m3.bio - ecosystem

    2. Verivin

  2. Enabling 100,000+ people to tell the OpenVino story - what is the incentive

    1. sell more wine

    2. increase the value of wine, and OpenVinoDAO tokens

  3. What do we need to scale?
    For OpenVino to become the global flag bearer for tokenization, traceability, and transparency in the wine universe, five areas need to be addresses, five attack vectors opened:

    1. Make buying, selling, and redeeming wine tokens super easy, and fun. (The UX problem)

      1. Easy to use for people that don’t have metamask.

      2. The fiat on-ramp/off-ramp

      3. ferment - the winery dashboard

    2. Tell the world about OpenVino

      1. Attracting wineries and partners

      2. Getting wineries to tell the OpenVino story for us (proxy-marketing)

    3. Fill the moat - build the community that insures growth through the network effect
      Building OpenVinoDAO

    4. Always-on (Resilience)

      1. Security
        What needs to be done to insure that the OpenVino components are secure?

        1. The Rekt Test

          1. Do you have all actors, roles, and privileges documented?

          2. Do you keep documentation of all the external services, contracts, and oracles you rely on?

          3. Do you have a written and tested incident response plan?

          4. Do you document the best ways to attack your system?

          5. Do you perform identity verification and background checks on all employees?

          6. Do you have a team member with security defined in their role?

          7. Do you require hardware security keys for production systems?

          8. Does your key management system require multiple humans and physical steps?

          9. Do you define key invariants for your system and test them on every commit?

          10. Do you use the best automated tools to discover security issues in your code?

          11. Do you undergo external audits and maintain a vulnerability disclosure or bug bounty program?

          12. Have you considered and mitigated avenues for abusing users of your system?

      2. Availability

      3. Recoverability

    5. Autonomous (the importance of self-running)

      1. A Self-Driving OpenVino

      2. Automate Provisioning

      3. Partner network and a robust community

  4. Who are we up against? The competitive landscape

    1. NFT’s and wineclubs
      1.⁠ ⁠Penfolds, This renowned Australian winery has used blockchain to authenticate their wines. Penfolds has collaborated with BlockBar, an NFT marketplace for luxury wines and spirits, to release limited edition wines with blockchain-backed provenance.( we know all ready about)

    2. Traceability

      Several wineries have adopted blockchain technology to enhance transparency, traceability, and authenticity of their wines. Some notable examples include:

      1. Château Pape Clément, One of the oldest Grand Cru Classé wineries in Bordeaux, France, Château Pape Clément has integrated blockchain technology to provide detailed traceability of their wine bottles. Each bottle comes with a unique, tamper-proof NFC tag that links to a blockchain record.

      2. ⁠DeMorgenzon : A South African winery, DeMorgenzon, has used blockchain technology to enhance transparency and traceability in their wine production process.

      3. Ariousios :A Greek winery that uses blockchain technology to ensure the authenticity and traceability of their wines, providing customers with detailed information about the wine's origin and production.

      4. Medici Ermete, This Italian winery, known for its Lambrusco, has implemented blockchain to trace their wine production and ensure the authenticity of their products.

      5. Australian Vintage Limited (AVL), AVL has partnered with VeChain, a blockchain platform, to integrate blockchain technology into their supply chain for better traceability and transparency.

    3. Library wine marketplaces

How we validate Openvino?

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Let start with the number of times OpenVino has been presented in public (blockchain world / wine world).

The 10Q Methodology.