Wine Craft Releases First Cryptocurrency Blockchain for Wine

The ERC20 token allows consumers to buy wine at substantial discounts

TORONTO, April 26, 2021 /CNW/ - Wine Craft has released the first blockchain for the wine industry.

The ERC20 token is an Ethereum blockchain that allows consumers to enjoy significant savings when purchasing bottles of wine at participating stores with the WINE token.

Wineries worldwide can join the Wine Craft program, using the WINE token to facilitate sales to local consumers.

Wine Craft is backed by the largest craft winery brand in Canada with over 40 years in business and 20 retail locations.

The ticker symbol for the venture is WINE.

Customers can access the service using the Uniswap app after connecting to an Ethereum wallet such as MetaMask.

They can then convert the token they prefer.

"We know everybody is online today, but you may not know how massive the crypto enthusiasts community is out there.

Getting online and getting into cryptocurrency has a huge appeal to the young generation, resulting in more sales and higher margin, and selling wines with a separate brand online will not affect traditional offline sales.

Depending on the regulations each winery is subject to, being online and using crypto may also mean it can sell wines beyond its geographic boundary," said Steven and Jonathan Locilento, two of the founders of Wine Craft.

Blockchains are a specific type of database that stores data in blocks and then chains the data together.

Many different types of information can be stored on a blockchain.

The most common use has been as a ledger of transactions, such as Bitcoin, which uses the technology in a decentralized, immutable blockchain.

The data is collectively controlled by the users, and entries are irreversible.

For more information or to start buying wine on Uniswap, visit buywinecoin.com

PS. In our blog pages we got hidden links where you can earn cryptocurrency for free.

Comments

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry. The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling. Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk about cryptocurrency,

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan

Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April. Cryptocurrency exchange Coinbase Global (COIN) will soon require its customers in Canada, Japan and Singapore who send cryptocurrency to another financial institution or exchange to provide the name, address and in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will take effect in early April in order to comply with local travel rules in those places. Coinbase didn't immediately respond to requests for additional comment on the moves, but confirmed that they were taking place. The move does not seem to be going over well with Coinbase customers in those countries, who value the anonymity of transactions using cryptocurrency. According to a FAQ provided by Coinbase , for Canadian users, sending more th

Farm GRASS earn MONEY

Use your Unused Internet Bandwidth to make $$$ In today’s interconnected world, the concept of passive income has taken on new dimensions, offering innovative ways for individuals to monetize underutilized assets. One such groundbreaking avenue involves earning money by selling your unused internet connection. By participating in decentralized networks like Grass, individuals have the opportunity to turn their dormant bandwidth into a valuable asset, contributing to a fairer and more equitable digital landscape while generating income. Grass is a decentralized network sharing application designed to offer an alternative to existing centralized networks. It allows users to sell their unused bandwidth directly, without the need for exploitative middlemen. The platform operates by enabling users to download a web extension that runs in the background, assisting others in accessing public web data in exchange for payment using the protocol’s native token. How to get started with GRA

Crypto Ethone

Search This Blog