With WiV and Arkane you can now trade wine on the blockchain. WiV Technology brings fine wine trading to Arkane Network’s 200,000 users. It’s a great use case bringing the physical world to blockchain for more transparant wine trading and purchases.
WiV Technology, a blockchain-based trading platform for unique assets, has added the Arkane Network to the growing list of marketplaces where people can access tokenised fine wine. The addition of Arkane’s capabilities to the WiV platform makes it simple for wine collectors to create wallets and access a marketplace of 200,000 other Arkane wallet users globally, even if they have no prior experience of the blockchain or the crypto sector.
Arkane’s tools make it simple for people to trade wine on the blockchain… Their metaverse development is also very interesting, because we believe that it’s a perfect fit for tokenised fine wine.”
— Håkon Harberg, co-founder of WiV Technology
WiV offers a fast-going platform for tokenised fine wine. Bottles or cases of wine are allocated an exclusive non-fungible token (NFT) which can then be traded at a growing number of blockchain enabled marketplaces. The physical wine is stored at professionally managed wine cellars globally, protecting the investment, while the use of the blockchain-based NFTs makes wine trading quicker, cheaper and more transparent. As a result, WiV is an attractive entry point to the wine sector which has traditionally had high barriers to entry but consistently out-performed many other asset classes.
Arkane has been developed as a bridge between the complex world of blockchain and the everyday user. It offers wallet solutions, NFT tools and an NFT market and aims to simplify the development of blockchain-related products and services.
“Joining the Arkane Network is a natural development of our multichain strategy,” observes Håkon Harberg, co-founder of WiV Technology. “Arkane’s tools make it simple for people to trade wine on the blockchain even if they haven’t been involved in the crypto sector before. Their metaverse development is also very interesting, because we believe that it’s a perfect fit for tokenised fine wine. With the metaverse, you can have a virtual cellar full of fine wines represented by unique NFT art even if you don’t have space for a wine cellar in the real world. We’ve also found that the team behind Arkane has a superb vision for the future and their blockchain-agnostic approach dovetails neatly with how we are developing the WiV platform.”
WiV’s NFTs on the Arkane Network offer a beautiful representation of the world of modern wines, with a rare kvevri wine from Georgia, a lovely certified organic Spanish red, and a superb Pinot Noir from Argentina.
Shop you wine NFTs directly here.
To celebrate this special event WiV is giving away one NFT representing a case of 6 bottles. Follow them on Twitter to stay up to date about the giveaway. The winner will be selected soon. About the wine 👇
2020 Solomone — Dzelshavi (Qvevri Red)
Year — 2020
Appellation — Chiatura, Imereti
Name — Dzelshavi (Qvevri Red)
Proprietor — Marani Solomone
Vineyard site — Chiatura, Georgia
History: Dzelshavi is believed to be one of Georgia’s oldest grape varieties, rumoured to have emerged in roughly the 5th Century AD.
About WiV Technology
WiV Technology is a blockchain-based unique asset technology designed for wine producers and merchants. With offices in London, Oslo and Singapore, the WiV blockchain technology issues non-fungible tokens to create a secure global asset register and decentralised financial marketplace for fine wine and spirits. WiV facilitates provenance record-keeping, trading liquidity, geolocation and market assurance. For further information, go to www.wiv.io