This is the world’s first organic wine-backed cryptoasset

Costaflores is a winery based in Mendoza, Argentina. It is the first winery in the world to issue a wine-backed cryptocurrency asset.

The MTB19 token is an ERC20 cryptoasset for the 2019 vintage. Each digital token represents one bottle of wine produced from the 2019 harvest, available for drinking after May 6, 2022.

more info buy MTB19

0 MTB19 4426 MTB19 8852 MTB19 13278 MTB19 17707 MTB19

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MTB19 Token sale ends July 25th, 2019 @ 3:00am (UTC)

What is it

We are selling cryptocurrency tokens that represent actual bottles of wine, made from a specific grape harvest at Costaflores Organic Vineyard. It’s like bitcoin, but for wine!

Why are we doing this?

A. Allow the market to decide the price of our wine
B. Provide complete transparency into our business practices.
C. Generate traceability: Vine - Wine - Dine - Mind

What is a cryptoasset?

image Costaflores MTB19 token and market

How does it work?

If you have never owned a cryptocurrency, now is your chance:

1. At the beginning of April, we pick the grapes from the vineyard.
2. During the month of April, we make the wine: “Mike Tango Bravo 2019”
3. On the 6th of May, we issue tokens (ICO, or Initial Coin Offering), based on the number of bottles of wine produced.
4. When the ICO finishes, the wine tokens are made available on the Ripio crypto exchange for trading.
5. Three years later, the wines are ready for drinking, and can be purchased online with the MTB* tokens.

For 2018, the ICO price of the MTB19 tokens is based on the COST value of the wine. After that, we let the market take over and decide the "real" value of our wines.