In the world of wine, there are few things as sacred as the estates where grapes are grown and wine is made. For centuries, these estates have been passed down through families, with each generation carefully tending to the vines and ensuring that their ancestors’ traditions are upheld. As a result, vineyards, wine cellars, and tasting rooms become like second homes, and the people who work there become like family.
Now a new generation is taking on this challenge in a very different way. They’re using blockchain technology to create digital assets that make it possible for anyone worldwide to vote on how to manage these estates.
The Evinco Winery DAO is a project that is tokenizing real-world vineyards and wineries with a community-focused decision-making approach that is set to revolutionize the wine industry.
What is Evinco Winery DAO
Evinco is Latin for “I prevail, I conquer, I utterly triumph,” and that’s exactly what the Evinco Winery DAO is doing. They’re taking on the challenge of making it possible for anyone in the world to invest in a piece of the wine industry. Ownership of Evinco Winery DAO NFTs also grants access to Evinco’s multiple properties in Napa Valley and exclusive wine tastings and events.
At its core, Envico Winery DAO is the first of its kind winery in the world to embrace NFTs and the blockchain. Co-founded by Joy Pathak and Mario Roam Sculatti, Evinco brings together a wealth of knowledge with Web3 and wine-making. Joy Pathak is an avid wine and digital art collector with over a decade working on Wall Street before moving to build cutting-edge technologies in web three on the blockchain. In addition to leading the branding and technology for Evinco Winery DAO and building the community, he also manages a crypto and nft hedge fund. Joy has also built an enormous NFT and Crypto community by the name of illiquid Capital gated by the Alfa pass NFT with over 2500 members that has seen its valuation increase over 10x since minting. Mario Roam Sculatti has extensive wine-making experience with 125 years of family history in the wine industry. Mario has launched several wine brands, including ROAM Napa Valley, and learned his craft under greats such as the late Denis Malbec, formerly of Chateau Latour in Bordeaux.
Evinco Winery DAO is using NFTs and blockchain technology to create a new way for people to invest and get involved in the wine industry. In addition to having power of governance over the direction of winery growth decisions through the DAO, Evinco also grants its NFT holders access to exclusive wine-tasting events worldwide. Other perks include access to a private discord where wine enthusiasts can share wine experiences and even create labels featuring NFT artwork from the community members. All minters of the NFT also get two vintage bottles of wine. The holders of the NFT can store their bottles at the cellars in Napa if they don’t want to take shipment.
Web 3 in the Wine Industry
The wine industry is ripe for disruption, and the Evinco Winery DAO is leading the charge. They’re using blockchain technology to create a new way for people to invest in the wine industry. By tokenizing real-world vineyards and wineries, they’re making it possible for anyone in the world to help run these estates. And by using a community-focused decision-making approach, they’re set to revolutionize the wine industry.
So far, Evinco Winery DAO has raised $500 thousand from its community through the purchase of its wine-minted NFTs. Over 600 people have joined Evinco Winery DAO with a high rate of engagement, indicating a promising future. Investors are coming from all over the world in a move that demonstrates global demand for the gamification of the wine industry.
How it works
Evinco Winery DAO is using NFTs and blockchain technology to create a new way for people to invest and develop communities in the wine industry. In addition to getting a voice in how the winery is run, Evinco also grants its NFT holders access to exclusive wine-tasting events across the world. Other perks include access to a private discord where wine enthusiasts can share wine experiences and even create labels featuring NFT artwork from the community members.
Also, while Evinvo Winery DAO is based in Napa Valley in the United States, it plans to expand its operations worldwide. Going forward, EvincoNFT holders will have access to exclusive VIP experiences in France, Argentina, and Burgundy, to mention a few.
Members of the platform will also get access to discounted prices on wine from Evinco’s wine library, as well as full access to VIP experiences at Evinco’s properties in Napa Valley.
With a DAO that is 100% run by the community, anyone can submit a proposal to the Evinco Winery DAO. The community will then vote on the proposals, and the proposal will be implemented. This system ensures that the community always has a say in how the winery is run as well as control over future developments.
The Future of Wine Investing
Evinco Winery DAO is just the beginning. With its early success, we can expect to see a move towards decentralization across the entire wine industry. This will provide more opportunities for small investors to get involved in the wine industry and create a more level playing field.
Evinco Winery DAO is changing the culture around wine with tasting rooms and member lounges located in the most historic and beautiful locations around the world. As we move into a new era of wine investing, it’s clear that Evinco Winery DAO is leading the way.
By creating communities passionate about wine, Evinco is boosting NFT adoption beyond the world of finance and gaming collectibles and into the wine and food industry. This is a clear sign of the limitless potential that NFTs have to change the way we interact with the world around us.
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