❓FAQs

Frequently Asked Questions

Where is the initial circulating supply coming from?

The total of 18.00% unlocked at TGE results from:

• 7% - Community (entire allocation is unlocked);

• 11% - Token Launch (entire allocation is unlocked).

A large percentage of tokens [48% - “RWA Adoption Incentives (attached to physical bottles)”] unlock over a period of 25 years. In theory, every unlock means selling pressure. How does dVIN tackle this problem?

We’ve designed the system so that supply is atomized and demand is institutional.

Winemakers buy $VIN in bulk and distribute $VIN to thousands (and eventually millions) of bottles. The second step is that when that supply is added to wallets it is highly atomized. This happens because $VIN is claimable when the bottle is opened and is shared by those drinking the bottle (up to 12 people per bottle). In essence, large purchases of $VIN are distributed across thousands of holders and over a large number of years.

A good analogy is how Airlines manage their frequent-flyer programs. Airlines only distribute “air miles” when passengers fly. This means airlines only distribute incentives when there is real demand for their flights and services. They do not give away free airmiles to passengers who have never flown with them.

This is exactly how dVIN has designed its Token incentive model. There has to be real demand for tokenized bottles in order for incentives to be distributed.

How decentralized is dVIN going to be?

Decentralization is a very important Web3 metric and there are four elements to answer this question related to the level of decentralization of this project. They all show that the number of token holders should be highly atomized.

Firstly, in our initial fundraising efforts, we made a conscious decision to raise capital directly and exclusively from angel investors (and indirectly in the case of Sarson Funds). In fact, the average ticket size in our $1.5M token raise amounts to less than $24,000.

Secondly, we are planning a Token Sale to the wider Solana community, including Jupiter’s community, which will also dilute the number of token holders.

Thirdly, as part of the distribution strategy for the community allocation, there will be a high number of token holders, including Web3 native and non-native users.

Lastly, $VIN will be embedded into exclusive and individual bottles that will be purchased by a vast number of wine lovers. Accordingly, this will result in atomizing the number of $VIN owners by virtue of the per bottle allocation of $VIN being divided between those who own the bottle and those with whom the bottle is shared (up to twelve people).