Does wine age better on the blockchain?

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Coin Coin Headlines News

A new Web3 marketplace is targeting the fine wine industry using blockchain technology to reshape wine investments by creating asset-backed tokenized access to iconic collections.

GrtWines is taking the $441 billion fine wine market and putting it on-chain through Web3 tokenization, with the aim of opening new doors for investors of all generations.

GrtWines, co-founded by former CLSA Chairman Jonathan Slone and acclaimed wine critic James Suckling, is a digital platform that allows collectors and investors of vintage and fine wines access to the market via digital asset tokenization. Victor Yin, the CTO and co-founder at GrtWines called the creation of the platform a “significant milestone” in the maturation of the digital asset industry and blockchain technology and a new way to “democratize” the wine industry. He said:

Jonathan Slone, the CEO and co-founder at GrtWines, said as a wine connoisseur, he feels passionate about the platform for preserving the rich heritage of wines while building a “transparent and connected community” driven by the consumers. He said:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Xterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming AdoptionXterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming Adoption
Source: Utoday_en - 🏆 295. / 63 Read more »

Binance Web3 Wallet Launches Airdrop Event with BEVMUsers who complete tasks on BEVM through Binance Web3 Wallet will receive an exclusive airdrop of BEVM tokens. BEVM is an EVM-compatible Bitcoin layer2 based on Taproot Consensus and uses BTC as gas. It recently completed a ten-million dollar funding round and launched its mainnet on March 28.
Source: Cointelegraph - 🏆 562. / 51 Read more »