Vinequery is a blockchain company that provides NFT’s and trading solutions dedicated to the fine wine industry in order to transform wine assets into tradable NFT’s ,
Vinequery develops a multifunction wallet app, which includes new features like creation of wine NFT’s and a valuation system of wine parameters as part of the NFT metadata verified by sommeliers and wine profesional on a shared and incentive economy model
The company is launching a reward program for sommeliers and wine professionals in order to stake The VST into the vinequery Communitie to register interest and generate local currency
Vinequery runs an incentive program, where sommeliers and wine professionals will be rewarded with VST utility tokens when they register on the wallet app following the next steps:
Once you complete your sommelier profile, you will become a new member of the Vinequery community as Qualified Validators.
Claim period is:
June 24, 2023 - August 24, 2023
'Token' is another word for digital currency or cryptocurrency. They are fungible (interchangeable) assets that can be used as money or in exchange for specific services on the internet. Instead of running on banking infrastructure like USD or EUR, tokens live on internet infrastructure called Distributed Ledgers or Blockchains.
Yes, most DAOs issue their own native tokens so you will need to own some of those tokens to become a member.
The VST (Vine Swap Token) is the digital currency that coordinates economic incentives to reward sommeliers , wine advisors, wineries, wine brokers, wine lovers, investors, developers and a company team.
At a high level, the native token of the project (VST) has the following functions:
A primary function of token VST is the ability to allocate interest to projects into new types of wine assets.
VST will also provide access to the voting system as a consensus mechanism for the valuation of wine collections which includes the proof of provenance and the market value.
The Token VST will encourage participants to mint NFT wines and organize data related to the NFT effectively.
The Vinequery token (VST ) was created as a utility token to support the Vinequery community which is now live on the Ethereum blockchain with the goal of adding a layer of reliability, which provides more value to the fine wine NFTs as digital assets and enhancing the ownership experience.
The total supply of token (VST) for the project is 500 million of VST and around 500K will be distributed amongst a network of sommeliers as validators.
A DAO is an online community that jointly controls a cryptocurrency wallet to pursue common goals, such as running a business or charity.
Decentralized Autonomous Organization. The term was coined by Ethereum founder Vitalik Buterin in his 2014 article
Vinequery is building a DAO (Decentralized Autonomous Organization), which can distribute their ownership by giving out tokens (VST) and keeps everyone aligned whether you are a sommeliers ,wine professional in order to make a valuation of the wine parameters to provide a more robust price of each wine collection.
The Vinequery DAO (Decentralized Autonomous Organization), is powered by the voices and votes of a sommelier community, wine traders, wine enthusiasts, investors, and wineries in order to promote top-quality wine NFTs.