Vintners
Food Production - New York, New York, United States
Vintners Details
Vintners is a B2B platform supporting the trade of craft wine globally. Vintners aims at offering more choices to buyers and more value to producers by making the business more liquid, more flexible, and more efficient. We believe that an efficient, open and fair market is always better for its participants. And we think that the wine market is ripe for a change, leveraging modern technology applied to communication, trading systems, price discovery, supply chain management and logistics to deliver both efficiencies and new capabilities.We think the wine market has a few unique characteristics that make it ideally suited for a modern decentralized, community-driven marketplace: it's highly fragmented, it's inherently global, it shares at the same time characteristics of art items and commodities.The Vintners' platform brings together the following market participants: producers (list wine available and to come), importers/wholesalers (buy from producers and sell it to buyers or other wholesalers, tell the stories of the producers), buyers (wine stores, restaurants, retailers buying wine on the platform) and advisors (recommend wines to buyers).In addition to traditional yet advanced B2B marketplace features, verticalized for the specifics of the wine trade (online portfolio, digital shop for sellers, order processing, negotiations, allocations, subscription and primeur sale, in-person and virtual tastings etc.), we are looking at offering a set of advanced services enabled by Web3 technology.Each cuvée put on the market is minted as a token on a blockchain, programmed with the supply set on the number of bottles released, to be used as a base for advanced services. These tokens would then be able to flow to contracts and accounts, enabling a new range of advanced services such as: import as a service, cashflow financing, dynamic pricing, royalties on secondary sales (to the producer), KYC & reputation, instant inventory, and many others yet to be invented.
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