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Wine On Chain: Tokenizing The Trillion Dollar Wine Market | David Garrett

The Wolf Of All Streets

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Tokenizing the Wine Industry

This chapter explores the innovative concept of tokenizing wine bottles into digital assets via smart contracts, addressing ownership and authenticity in the wine industry. It highlights the challenges of counterfeit products and the importance of wineries in building trust and transparency, while discussing pilot programs and regulatory considerations. Additionally, the chapter examines the financial potential of collateralizing wine collections and innovative fundraising strategies employed by winemakers.

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