What is VinumCoin

VinumCoin
VinumCoin
Sep 4, 2018 · 2 min read

VinumCoin guarantees the quality of the wine trough real product reviews. Blockchain is used for the verification of the reviews. It also brings wide market access to the small independent manufacturers.

ICO is established for funding of the project.

1. Decentralized Market

Wine auction, based on crypto token — fare price guarantee. Commission-free sale trade.

2. Real product reviews

Decentralized platform for monitoring and authorization, based on the blockchain technology, which guarantees objectivity of the wines product reviews — posted only from buyers.

3. Group ordering

of high-quality boutique wines. Many craft vineyards are able to deliver some wines only if guaranteed enough orders.

Business model

Advertisement and premium services.

For the buyer:

  • Guarantee of quality
  • Reliable Information

For the small, independent manufacturer:

  • Easy market access
  • Market niche
  • Support

Vinumcoin cryptocurrency

The strength of Vinumcoin will be built as a result of the bidding in the auctions only in it. The commission-free sale trade would attract many small manufacturers.

Guarantee of quality

Vinumcoin’s blockchain technology allows only buyers of the wine to post reviews, which guarantees the quality. Reviews to be coins stimulated. It also provides trust in the manufacturer

Public Support

Vinumcoin holders, by buying and rating wines, will support many small Independent manufacturers of high-quality wine. It is also a form of crowdfunding from the consumers to the small independent manufacturers.

Additional Features

  • Augmented reality — By just scanning the bottle’s label with smartphone, users will be able to: read and post reviews; receive information about the wine; order wines; participate in group orders and etc.
  • Each wine will have dedicated landing page delivering info about the product — vineyard, area, treatment, soils, consumptions and etc.
  • Manufacturers will be able to manage all the delivery processes from their smartphones too.
  • Mobile app for these purposes will be developed.
  • Easy access — anytime, anywhere and from any device trough user-friendly interface.

What is done so far

The listed below was finished so far:

  • Website for the ICO;
  • Team established — IT; marketing; developers; designer; community managers; content writers; advisors.
  • Registered trade mark, company, domains and social media profiles;
  • Logotype;
  • Cover photos.

The Team:

Todor Georgiev

Co-Founder & CMO. 15 years of experience in online business and 8 years in crypto mining. Founder & CEO of:

  • Kabinata.com — online trainings, World Bank’s 50 most innovative SME;
  • WebService Ltd. — Web development & design;
  • Crypto mining farm.

George Botchoukov

Co-Founder & CTO. 20 years of experience as senior developer and team lead, more than 5 of which in blockchain. Founder & CEO of JBochi Ltd. — software development incl. Blockchain, Crypto, Ethereum, ERC20 Token, Solidity and etc.

VinumCoin

Written by

VinumCoin

Blockchain company in the wine industry

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