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Costaflores is a winery based in Mendoza, Argentina. It is the first winery in the world to issue a wine-backed cryptocurrency asset.
The MTB18 token is an ERC20 cryptoasset for the 2018 vintage. Each token offered represents one bottle of wine produced from the 2018 harvest, available for drinking after May 6, 2021.
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
If you have never owned a cryptocurrency, now is your chance:
1. 2-3-4th of April, 2018: we pick the grapes from the vineyard.
2. During the month of April, 2018, we make the wine: "Mike Tango Bravo 2018".
3. 6th of May, we issue (ICO, or initial coin offering) tokens, based on the number of bottles of wine produced.
4. July 1st, the tokens are available for resale on crypto exchanges.
5. 6th of May, 2021: The wines are ready for drinking, and can be purchased online ONLY with the MTB18 tokens.
For 2018, the ICO price of the MTB18 tokens is based on the COST value of the wine. After that, we let the market take over and decid the "real" value of our wines.
We are working with economists and experts in digital transformation to predict how this business will work. More info
Initial Requirements Definitions
Team Consolidation
ICO landing launch
2018 Harvest
Communications Plan launch
Crowdsale beta testing
MTB18 tokens will go on sale at:
08:00 Los Angeles (UTC-7)
12:00 Mendoza (UTC-3)
12:00 São Paulo (UTC-3)
17:00 Barcelona (UTC+2)
23:00 Hong Kong (UTC+8)
Go live for Openvino data on Costaflores.com
MTB18 ICO
Vinophonics Deployment
Exchange support for MTB18
Beta-release for Openvino App
Production release for Openvino App 1.0
2019 Harvest
MTB19 ICO
Exchange support for MTB19
Crowdsale of 100 MTB17 Magnum test tokens
MTB17 Magnums available for sale with tokens
2020 Harvest
MTB20 ICO
Exchange support for MTB20
End of sales of non-tokenized Costaflores wines
2021 Harvest
MTB21 ICO
Costaflores security tokens minted
MTB 2018 wines available for sale with MTB18 tokens
Exchange support for MTB21
For Frequently Asked Questions, you can read our Wiki FAQ page.
We invite token holders to visit Costaflores in person. Read our wiki.
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