...
When the wine is ready for consumption, token holders can redeem their tokens for bottles. During the redeem process, the buyer pays the shipping costs and their tokens are “burned”.
...
The OpenVino MTB18 launch - May 6, 2018
Transparency
Wineries can self-certify their wine production using OpenVino’s “BioDigital Certification”. Certifications can include multiple attestations:
...
The winery receives the customer’s personal information and wine valuation.
Why wine?
Wine is the IDEAL product for decentralized tokenization, transparency, and traceability. While many Real World Assets (RWA’s) are being tokenized today with web3 tools, wine has unique characteristics that match perfectly as a cryptoasset.
...
OpenVino has the power to transform an industry that has existed since the dawn of civilization, and OpenVino provides provide a desperately needed real-world use-case for web3.
...
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.
Here is the full direct revenue model.
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Breakout target | 3 years |
Total Wineries in the world | 64,255 |
Critical Mass for Network Effect | 300 |
Max Market Penetration % | 4.00% |
OpenVino Wineries in 10 years | 2570 |
Wine Labels per year | 3 |
Label and certification registration fees | $0 |
Total annual label registration | $0 |
Bottles per label per year (tokens) | 20,000 |
Average token price | $15 |
...
Although wineries utilize OpenVinos OpenVino Tokenization, Traceability, and Transparency services for free, they must be members of OpenVinoDAO by holding 25,000 OpenVinoDAO tokens.
The first ~300 wineries to join OpenVinoDAO receive the 25,000 tokens for free from the OpenVinoDAO “Attractor wallet”. Any wineries that wish to use OpenVino after the ~300 breakout threshold must purchase and stake 25,000 OpenVinoDAO tokens from the OpenVinoDAO liquidity pool.When “You Drink It, You Own It” consumers register their drinking experience and provide their photo, feedback, and personal information, they receive OpenVinoDAO tokens. The wineries who receive this personal information from their customers must purchase these tokens from the OpenVinoDAO liquidity pool.
So, as new wineries join OpenVinoDAO, to take advantage of the free tokenization, transparency and traceability services, and more consumers scan their bottles to join OpenVinoDAO, the price of the OpenVinoDAO token will naturally increase.
| Info |
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The inflationary valuation of the OpenVinoDAO token does not include potential token speculators. But because as the token price increases, because of the demand of OpenVino services and customer engagement, this will surely attract external token speculators. |
Of course, the number of OpenVinoDAO tokens awarded to consumers, the number of OpenVinoDAO tokens that wineries must stake in the liquidity pool to use OpenVino services, and even the total number of OpenVinoDAO tokens are variables that can be revisited by DAO governance, after the initial 3-year breakout period. Given the current model, an 8:1 token “split” would likely be required to accommodate token demand after year 5.
...
OpenVinoDAO token swaps for USDC
...
9,000
...
120,000
...
768,000
...
13,148,354
...
6,268,829
...
11,765,189
...
17,975,314
...
29,011,800
...
44,330,880
...
86,106,000
...
YDIYOI OpenVinoDAO tokens sold per year
...
50.00%
...
9,000
...
120,000
...
768,000
...
1,498,354
...
4,268,829
...
9,165,189
...
14,375,314
...
24,211,800
...
37,730,880
...
77,106,000
...
Founder tokens sold per year
...
0
...
0
...
0
...
700,000
...
1,000,000
...
1,300,000
...
1,800,000
...
2,400,000
...
3,300,000
...
4,500,000
...
Partner token sales
...
0
...
0
...
0
...
10,250,000
...
0
...
0
...
0
...
0
...
0
...
0
...
Investor tokens sales
...
0
...
0
...
0
...
700,000
...
1,000,000
...
1,300,000
...
1,800,000
...
2,400,000
...
3,300,000
...
4,500,000
...
Total Attractor wallet tokens
...
25,000,000
...
24,498,200
...
19,474,200
...
4,320,600
...
4,320,600
...
4,320,600
...
4,320,600
...
4,320,600
...
4,320,600
...
4,320,600
...
4,320,600
...
Attractor tokens granted to wineries
...
25000
...
250,000
...
2,500,000
...
7,500,000
...
0
...
0
...
0
...
0
...
0
...
0
...
0
...
Attractor tokens granted to partners
...
25000
...
250,000
...
2,500,000
...
7,500,000
...
0
...
0
...
0
...
0
...
0
...
0
...
0
...
Attractor tokens granted to YDIYOI
...
10
...
1,800
...
24,000
...
153,600
...
0
...
0
...
0
...
0
...
0
...
0
...
0
...
-9,000
...
-120,000
...
-768,000
...
-2,043,789
...
10,376,686
...
14,673,046
...
18,883,171
...
27,519,657
...
39,238,737
...
76,213,857
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USDC swaps for OpenVinoDAO tokens
...
0
...
0
...
0
...
11,104,566
...
16,645,514
...
26,438,234
...
36,858,486
...
56,531,457
...
83,569,617
...
162,319,857
For YDIYOI (by wineries)
...
2,996,709
...
8,537,657
...
18,330,377
...
28,750,629
...
48,423,600
...
75,461,760
...
154,212,000
...
For new wineries
...
25000
...
8,107,857
...
8,107,857
...
8,107,857
...
8,107,857
...
8,107,857
...
8,107,857
...
8,107,857
Composable wine data
...
(insert OpenVinoDAO token inflation projection)
Composable wine data
What is the value to the wine industry, to know in real-time:
The changing price of a bottle of wine, (Tokenization) cross-referenced with real customer feedback (Traceability), and winery and vineyard specific practices (Transparency)?
...
Undoubtably, THIS will become the largest an important value proposition of OpenVino. But because it is difficult to quantify this value today, this economic metric has not been calculated into the OpenVino business proposition.
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The OpenVinoDAO Governance model
An introduction to OpenVinoDAO
(insert animation)OpenVinoDAO brings together wine producers, drinkers, and investors in a token gated community. As OpenVinoDAO members, OpenVino partners gain access to OpenVino’s tools and the community.
https://youtu.be/LnIALGnXYv4?si=l3nztXNytpGXXQAj
The fund-raising process
Calendar
August 31 to December 31st.
private commitment white-list
First come, first serve
Value add from the investor
Shared vision
minimal success barrier
who is invited
investors that understand wine and/or the opportunities of web3 universe.
investors who are comfortable with the model, committed to reaching the network effect breakout - exhausting the 25% promo wallet.
passive Investors, and those who are willing to contribute
liaising with wineries
helping overcome the scalability challenges
The founders commitment
No token sales until network effect has been achieved. This is our success criteria.
onboarding wineries
adding partners
YDIYOI consumers
Achieving “autonomous” and “decentralized” in DAO as quickly as possible after the network effect is achieved.
Compensating those who have helped OpenVino along the way.
Winedrop! not Airdrop
OpenVinoDAO!
Token issuance
Incentives for all
Dividends and Shares
Comparison with traditional governance and growth structures
Global presence with reduced friction
The Devil is in the details
OpenVinoDAO mission statement
Governance model
Tokenomics
Technology Stack
Roadmap and Timeline
The community Moat
Legal, Compliance and Accounting
The Crecimiento RWA manifesto
...