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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 MTB20 token is an ERC20 cryptoasset for the 2020 vintage. Each digital token represents one bottle of wine produced from the 2020 harvest, available for drinking after May 6, 2023.
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
This is our third year issuing wine-backed cryptoassets (MTB18 was our first), but we have been making delicious organic wines since 2007
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 2020”
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 on the 25th of July, wine tokens are available on the Viniswap exchange for trading.
5. Three years later, the wines are ready for drinking, and can be purchased any time online with the MTB* tokens.
For 2020, the ICO price of the MTB20 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.
Initial Requirements Definitions
Team Consolidation
ICO landing launch
2018 Harvest
Crowdsale beta testing
MTB18 ICO token launch
Ripio Exchange support for MTB18
2019 Harvest
MTB19 ICO token launch
Vinophonics presentation - Sonar 2019
Viniswap Exchange launched
2020 Harvest
MTB20 ICO token launch
Exchange support for MTB20
End of sales of non-tokenized Costaflores wines
2021 Harvest
MTB21 ICO token launch
You Drink It, You Own It!
MTB 2018 wines available for sale with MTB18 tokens
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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