Despite the attractive returns, wine investing can be a complex and expensive business. WiVX is an opportunity to invest in a token that is backed by physical investible wines
Own WiV wine NFT: WiV wine NFT owners can deposit their wine NFTs into WIVX as collateral and take out a loan on their wine.
Own WIVX tokens independently: WIVX tokens on their own will steadily appreciate over time as the value of the underlying assets appreciates. As the value in the WIVX treasury increases vs the outstanding tokens, WIVX tokens will also appreciate.
Built as an ERC-20 token on the Ethereum blockchain, WiVX can easily be moved or traded anywhere in the world, 24/7.
All WiVX assets are transparent on the blockchain and the physical assets will be independently audited each quarter.
We’ve made sure it’s easy to convert, trade or redeem WiVX for stable-coins or other crypto assets on popular crypto exchanges. Use WiVX wherever ERC-20 tokens are supported.
WiVX has an extremely competitive fee structure for the operations behind the underlying assets. As with other ERC-20 tokens, nominal Ethereum gas fees apply for on-chain transactions.
Fully backed by real world assets, WiVX offers a safe foundation for the crypto and the wine industries to build on.
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