👥Membership & Beta Users
Rewarding early adopters and incentivizing rapid growth
Before launching $VIN, dVIN intends to test the platform, incentives, tokenomics and economy, as well as dramatically increase decentralization, by implementing a system for users to earn points prior to the $VIN TGE.
Since 2022, dVIN has built and operated a sandbox environment, offering membership tokens to wine industry experts and insiders, well-known wine collectors, and web3 enthusiasts. We have onboarded 500 members and nearly 1,000 additional users. Members are split into two categories, Global Insiders and Genesis, with token purchases ranging from ~$1,000 to ~$5,000.
In the last two years these users have purchased nearly US$500,000 in rare wine on the platform, and minted more than 3,000 Tasting Tokens.
During the beta period, dVIN will unleash this highly engaged base of users to test the platform and bring friends and family into the platform, while bulletproofing the economics and incentives:
ONLY TASTING TOKEN HOLDERS WILL BE WHITELISTED TO HOLD POINTS
THE PLAYBOOK:
Tokenize Bottles: Submit wines from home using our in-app scanner. We’ll notify you when they’re tokenized and ready for play.
GAME TIP: Open 4 wines and invite 4 friends to instantly top up to 40,000 XP in every round!
Unlock Beast Mode: Rack up extra points for sharing wine with more friends. You generous beast, you.
Conquer a Leaderboard: Feeling competitive? Battle your drinking buddies to the top of 1 of our 5 leaderboards and score some serious bonus points.
Convert Points to $VIN: All your hard-earned points will convert to a $VIN airdrop at the time of the TGE. Points now, $VIN later. For Users:
Users will be able to “tokenize” up to 12 bottles from their private cellar with Digital Corks (only luxury bottles from the LWIN database will be eligible)
Each Digital Cork will have the ability to issue 12 Tasting Tokens when “opened”
Each Tasting Token will be accompanied by 1,000 points, and the Digital Cork holder will earn 1,000 points for each Tasting Token issued.
Incentivizing Tasting Token issuance creates a viral effect to gain new users.
Each bottle (Digital Cork) can generate a maximum of 24,000 points.
Each user can earn a maximum of 144,000 points.
New Tasting Token holders become new users, and can tokenize up to 12 Digital Corks
Tasting Tokens are “soul-bound” non-transferable tokens, making it difficult and cumbersome for any user to game the system.
Users will also receive a 50% discount to become Club dVIN members.
Any user who opens at least 4 bottles and onboards 4 new users to the platform will be guaranteed 40,000 points.
For Members:
Members will all receive an initial grant of points.
Global Insiders will receive 150,000 points.
Genesis will receive 50,000 points.
Members can tokenize unlimited bottles from their private cellar during the beta phase (12 bottles at a time)
Members of Club dVIN may tokenize unlimited bottles, 4 at a time, until the end of the challenge.
THE RULEBOOK:
Wines should be above $35 USD.
Calling all drinking buddies! Points for sharing Tasting Tokens are only accrued when shared with new platform users.
New dVIN users may tokenize up to 4 bottles in each of the 3 rounds
At the end of the beta period, we expect to have 10,000 users, holding a total of roughly 1,000,000,000 points.
These users will split the 70,000,000 $VIN allocated to airdrops at the time of the TGE (Initial Coin Offering), slated for Q4 2024. The points to $VIN relationship will not be pro-rata, but will be distributed on a schedule designed to incentive maximum decentralization.
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