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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 $2,500 USD).
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All revenue generated is received in into 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.
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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 swap is levied.
This swap fee is divided into two payments:
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Though other decentralized exchanges (DEX) may offer competitive swap rates , ranging from 0.25% - 1%(as compared to the Viniswap 1% swap fee), 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 revenue projections:
Year | Wineries | Swap Fee |
1 | 10 | 67,500 $ |
2 | 100 | 675,000 $ |
3 | 300 | 2,025,000 $ |
4 | 624 | 4,214,121 $ |
5 | 949 | 6,403,243 $ |
6 | 1273 | 8,592,364 $ |
7 | 1597 | 10,781,486 $ |
8 | 1922 | 12,970,607 $ |
9 | 2246 | 15,159,729 $ |
10 | 2570 | 17,348,850 $ |
10 Year Total | 78,237,900 $ |
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Using these variables, these are the projected revenues from the NFT data fee @ %0$0.25
Year | Wineries | YDIYOI fee |
1 | 10 | $450 |
2 | 100 | $6,000 |
3 | 300 | $38,400 |
4 | 624 | $74,918 |
5 | 949 | $213,441 |
6 | 1273 | $458,259 |
7 | 1597 | $718,766 |
8 | 1922 | $1,210,590 |
9 | 2246 | $1,886,544 |
10 | 2570 | $3,855,300 |
10 Year Total | 8,462,668 $ |
Secondary Revenue sources
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OpenVinoDAO token liquidity farming
Given the estimated volume of OpenVinoDAO token swaps, this will represent a considerable amount of revenue from liquidity farming, both for the liquidity providers (Wineries, Investor pool, and OpenVino DevOps wallet), as well as directly paying into the OpenVinoDAO revenue wallet.
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When wineries complete BioDigital Certification, they must stake a bounty (equivalent of 5,000 USDC) during the 30-day challenge stage. OpenVinoDAO can leverage these funds during the bounty period by staking with external lending protocols.
Consolidated wine shipment logistics
By tracking wine token sales geographically, and managing relationships with OpenVino wineries, the OpenVinoDAO will be in a unique position to foster wine shipment consolidations across markets.
Inflationary OpenVinoDAO token
10010,000,000 OpenVinoDAO tokens are initially minted with a nominal value of $0.10$1 USD. The valuation of the OpenVinoDAO token will increase over time, independent of upward pressures from crypto price speculation.
Here is why the OpenVinoDAO token is inflationary and will increase in value:
Wineries can use OpenVino Tokenization, Traceability, and Transparency services for free, but they must be members of OpenVinoDAO by holding 252,000 500 OpenVinoDAO tokens.
The first ~300 wineries to join OpenVinoDAO receive the 252,000 500 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 one (1) OpenVinoDAO tokenstoken. The wineries who receive this personal information from their customers must purchase these tokens from the OpenVinoDAO liquidity pool. However, the first ~700,000 YDIYOI experiences, and their OpenVinoDAO tokens are subsidized from the “Attractor Wallet”.
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.
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(insert OpenVinoDAO token inflation projection)
Composable wine data
What is Can we determine,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)?
The ability for a winery to validate in real-time new marketing strategies is unprecedented.
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https://youtu.be/LnIALGnXYv4?si=l3nztXNytpGXXQAj
OpenVinoDAO Membership
Anyone who holds OpenVinoDAO tokens is a member of OpenVinoDAO. The likely profiles of the majority of OpenVinoDAO members include:
OpenVino founders
OpenVino service providers (software developers, designers)
Wineries using OpenVino to issue wine tokens for TTT (Tokenization, Transparency, and Traceability)
Onboarding partners
Consumers receiving OpenVinoDAO tokens through “You Drink It, You Own It”.
OpenVinoDAO Investors
The OpenVinoDAO itself (through the OpenVinoDAO DevOps wallet)
The OpenVinoDAO Initial Token Issuance
In May 2025, OpenVinoDAO will issue 10M OpenVinoDAO tokens, at a nominal value of $1 USD per token. These tokens will be distributed according to the following, simple configuration:
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Founder
2.5M OpenVinoDAO tokens are assigned to the OpenVino “Founder” wallets. These are held by the early creators and builders of OpenVino. Like all other tokens, founder tokens cannot be sold before the OpenVinoDAO liquidity event.
Investor
2.5M OpenVinoDAO tokens are made available to sell to investors, through a simple token sale smart contract. Anyone can buy OpenVinoDAO tokens, at the rate of $1 = 1 token. Once the “OpenVinoDAO Liquidity Event” has triggered, investors will also have the option of selling or staking OpenVinoDAO tokens using the OpenVinoDAO Liquidity Pool. Of course, OpenVinoDAO investor’s tokens are held in investors non-custodial wallets, and can always be traded privately. No wallet restrictions are imposed.
DevOps
2.5M OpenVinoDAO tokens are assigned to a “DevOps” wallet, that is controlled by OpenVinoDAO. This wallet is defined to fulfill two roles:
Receive %25 of OpenVinoDAO revenue (i.e. swap fees) This revenue is to be used as the OpenVinoDAO treasury, to be spent quarterly, according to published budgets.
Tokens for OpenVinoDAO Liquidity Pool staking.
The OpenVinoDAO tokens held within the “DevOps” wallet are not meant to be sold by the DAO outside of the OpenVinoDAO Liquidity Pool.
The DevOps wallet provides a mechanism by which new investors can enter the DAO, at an inflationary rate, even if all of the 2.5M OpenVinoDAO tokens have been sold to investors, and none of these investors wish to sell.
Also, the DevOps wallet provides a safe-gap against downward selling pressure of OpenVinoDAO tokens. OpenVinoDAO tokens sold within the Liquidity Pool remain within the DevOps wallet, thus increasing the relative percentage of OpenVinoDAO revenue reception to the DAO, ensuring a treasury for ongoing operations.
Attractor
The “Attractor Wallet” is essentially a marketing fund for OpenVinoDAO.
New wineries, and OpenVinoDAO partners that wish to use OpenVinoDAO services can receive OpenVinoDAO tokens, for free, from the attractor wallet. This Attractor wallet is also used to subsidize “You Drink It, You Own It” consumers.
This Attractor fund is meant to incentivize early adopters and promote broad decentralization.
OpenVinoDAO Token Liquidity Event
The OpenVinoDAO Token Liquidity Event occurs when one of two conditions are met:
The total Investor offering (2.5M tokens) has completed.
The Attractor Wallet is “spent”.
When the OpenVinoDAO token liquidity event occurs, the DAO deposits any unspent funds held by the treasury, (i.e. ETH, USDC) and an equivalent amount of DevOps OpenVinoDAO tokens, at a $1:1 token ratio, into a new OpenVinoDAO liquidity pool.
At this point, any OpenVinoDAO token holder can sell tokens into the liquidity pool, if they choose.
When the Attractor Wallet is empty, new wineries must purchase at least 2,500 OpenVinoDAO tokens from the liquidity pool, AND stake these tokens (with ETH as the pair token).
If the Attractor Wallet empties BEFORE the 2.5M investor tokens are sold, the unsold investor tokens revert proportionally to OpenVino founder wallets.
Token Split Events
As demand grows for OpenVinoDAO tokens (from new wineries, YDIYOI consumers, and OpenVinoDAO investors and speculators), the price of the OpenVinoDAO token, relative to USDC, will naturally increase. But because the OpenVinoDAO token is indirectly perceived as a YDIYOI “rebate” of $1, and wineries require 2500 tokens to use OpenVino services, an overly valued price for the OpenVinoDAO is also undesirable.
Also, a total cap of 10M OpenVinoDAO tokens would stifle growth of the DAO, especially as the number of “You Drink It, You Own It” redeems increases over time.
Therefore, instead of simply enabling the DAO to issue new tranches of tokens, that would dilute early investors, OpenVinoDAO has defined “token split events” that are activated automatically, according to the OpenVinoDAO token valuation. For example, when the OpenVinoDAO token reaches an equivalent valuation of $2 USD, an automatic 1:1 token split event occurs. Existing OpenVinoDAO token holders will automatically receive newly minted tokens, equivalent to the amount of their holdings.
Since the $2 split target is a known valuation, token speculators may decide to sell their OpenVinoDAO tokens before the split, when the value approximates $2, especially if the price increase is driven primarily by an increased valuation in ETH, rather than increased OpenVino growth. Or to the contrary, if OpenVino growth is driving the price increase, investors may wish to hold their OpenVinoDAO token positions, to take advantage of the “doubling” of increased revenues.
In any case, the token split events is built into the DAO contracts as insurance to investors that their token purchases cannot be diluted by later token minting.
Quarterly Budget Approvals
OpenVinoDAO communications
The Road to total Decentralization
OpenVino Netrabrick Nodes
Web2 management delegation
OpenVino and OpenVinoDAO protocol evolution
Scaling OpenVino into a global service, 1M users and beyond
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