...

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.

...

OpenVinoDAO brings together wine producers, drinkers, and investors in a token gated community. As OpenVinoDAO members, OpenVino partners gain access to this community.

...

For the cryptosphere

OpenVino has the power to transform an industry that has existed since the dawn of civilization, and provide a desperately needed real-world use-case for web3.

...

Here is why the OpenVinoDAO token is inflationary and will increase in value:

1. Although wineries utilize Wineries can use OpenVino Tokenization, Traceability, and Transparency services for free, but 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.

2. 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.

...

Now consider the composite value of pricing from millions of wine tokens, customer feedback, and wine making and marketing practices.

Undoubtably, THIS this will become 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 propositionmodel.

With OpenVino and AI, we will finally be able to answer the question, “How can I produce a $100 bottle of wine.”

...

1. Reach a critical mass of wineries.
   We estimate 300 onboarded wineries, worldwide, to guarantee enough exposure to create FOMO for other wineries.

2. Automate the onboarding experience.
   Currently, given the lack of knowledge around surrounding web3 tools, needed improvements in the OpenVino UI/UX, and the absence of engaged winery examples to draw from, the onboarding process requires a hands-on approach.
   
   In addition to improving the OpenVino UI/UX, and listing the initial 10 reference wineries, the onboarding process for the 10-100 wineries will be done through a distributed partner network. Individuals and small businesses in different wine regions of the world (i.e. USA, Germany, Spain, Portugal, Chile, Mexcio) have already expressed interest in onboarding local wineries to OpenVino.
   
   OpenVinoDAO will provide these partners with materials and support to educate and onboard these winereswineries. In exchange for engaging with these wineries, OpenVinoDAO partners will receive OpenVinoDAO tokens.

...

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

• Vintage Coin Offering (VCO) start / end dates, and initial price

• Token name, image, token supply

• Redeem start / end dates

• Winery branding - images and text

Tokenization is a simple process. Having said that, the complexity of implementing web3 tokenization in existing businesses is not technical, but operational. Wineries today ask these questions:

• How do we invoice token sales?

• How is sales tax applied?

• How should we account for tokens as assets on our books?

• What liability do we have with customers in case we are unable to deliver wines?

• How do liquidity pools work, what is the economic impact and advantage of a decentralized trading market?

• How do we value our wines for export?

• What is the legality of wine tokenization?

...

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 the equivalent of a Netrabrick relayer node.

...

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

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

   3. 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 “autonomous” and “decentralized” in DAO as quickly as possible after the network effect is achieved.

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

      1. Winedrop! not Airdrop

...

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

...

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

Legal, Compliance and Accounting

...

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

...