TOKEN CWEX

The Cryptocurrency Wine Exchange (CWEX) has obscured vacuum in this lucrative space with offers to answer questions such as; Can wine work with / as cryptocurrency? The bold question that can be answered is what drives the new generation trade industry while being supported by the growing factual number coupled with clients who are interested and considered good.

CWEX is a new platform that facilitates fine wine trade between cryptocurrency holders and registered wine vendors. CWEX is supported by WEX Limited Hong Kong in partnership with DotChain GmbH, a Swiss-based company that confirms the validity of good wine product contracts and ensures trade accountability and authenticity of products by conducting a comprehensive audit process on vendors looking for product listings. CWEX, on the other hand, is a management platform that oversees trade and is based in Hong Kong.

Cryptocurrency holders are always exploring new ways to obtain real assets using their cryptocurrency shares. It is very challenging to carry out this transaction in a world where a centralized market is still the order of the day. Nevertheless, cryptocurrency has opened up a new world of decentralized trade where the market is now on the internet and it is not necessary that a central place / location is available for transactions to occur.

You might ask, why is wine especially good? Now, some facts about good wine will make you think. Boxing, good wine for years is gaining popularity in the market. Regarding profitability as a short-term asset, it is at the top of the list. Even when compared to seemingly valuable assets such as gold, real estate property and the like, good wine has been found to have the highest rating on the scale of profitability.

Numbers never lie. Let’s briefly investigate the figures for the benefits of good wine. In 1 year, good wine will be valued at up to 24%. In 5 years, the value increased by 55%. After ten years, the value has risen by 256%. These numbers show how good wine is a reliable and valuable real-life investment that you can consider putting. The amount of risk you face when trading is far less than the high return on your investment.

How does the Crypto Wine Exchange work ?

To better understand how this trading platform works, let’s look at a typical example of how cryptocurrency holders can trade in it.

Crypto wine exchange is an easy and safe place for anyone who has an interest in this type of market and wants to get good wine assets.

At the end of the wine seller, there are strong steps applied to ensure that the authenticity of the wine they want to register on the market is legal. This step ensures that cryptocurrency investors are protected from making green investments.

With this guarantee of authenticity, the trade process which is a cycle can now begin. Usually a five-step cycle. The steps include:

1. Bids and offers

All registered traders can continue and search for the best wines in the range of choices listed. They then bid or offer on their chosen wine.

2. Trade Matching

The platform then offers opportunities to match bids or offers. After the matching process is complete, you are then notified that the trade has successfully passed.

3. Securing wine

The two companies responsible for managing the Crypto Wine Exchange, WEX Limited together with DotChain GmbH, went further for this trade. They concentrate on doing these three tasks at this stage: securing wine, ensuring they fulfill all compliance qualifications and ensuring your assets, good wine (s).

4. Blockchain-based ownership certification is transferred to the buyer

To show for investments that you make in good wines, you are issued with certificates based on block chains. Usually embedded in your trading account. This document is very helpful in proving that you have an actual real-life investment in quality wines. This also legitimizes the good wine in your possession, without question because it confirms that the CWEX and DotChain GmbH companies have examined and confirmed that good wine is genuine.

5. Certificate holder options

After the certificate is given to the owner, it stands that they are the owner of a good wine asset. They have an option about what to do next with this newly acquired asset. First, owners can decide that they will trade ownership certificates on the trading platform. This means that they will sell their good wine assets to interested parties that can be read on the platform.

On the other hand, they can decide to hold their ownership certification until their ownership price rises so they can consider selling their assets.

The last option that the certificate holder has is to hand it over so that their wine is taken physically instead.

After the cycle ends, cryptocurrency owners can start from the top again.

What are the benefits of trading on CWEX?

Safe investment

Luxury wine traded on this platform is a safe investment. On the one hand, DotChain GmbH conducts low-level audits of wine traders who want to have their wine listed on the crypto market. This ensures that cheap and high wines do not penetrate the market, which causes cryptocurrency owners to go to unexpected losses.

In the same breath, the company also ensures ownership of other losses or risks. When you compare this with other unmanaged property that people invest, you can see that this insurance by DotChain Gmbh also goes a long way in ensuring that the investment risks in good wine are significantly reduced.

We also have to consider that this type of market is far more stable than traditional markets because it provides greater stability. It is more accessible than conventional markets and is more transparent considering how it works. Every transaction and change can be seen and monitored by the public because there is no access limit, an aspect that increases the integrity of this trading platform even more.

Rosé – Rosé’s popularity is not expected to slow down. In fact, for the second year in a row , Rosé accounted for 1.5 percent of all table wines sold. Because the market for cheap Rosé has proven its success, experts hope to see more premium Rosé hit the shelf.

Carménère – Carménère is a distant relative of Merlot and Malbec. Harvested in Chile, this South American wine makes a prominent splash of red fruit flavor. According to Uncorkd , this spicy and rich wine is becoming more popular in restaurant wine lists and at wine retailers.

Red Blends – The amalgamation of the red mix is largely driven by younger buyers. According to Nielsen , in 2015, the red mixture reached 13% of the $ 13 billion that buyers spent on table grapes that year, up from 11% in 2011. Mixed enthusiasts are often equated with crazy beer crafts – trendy, trendy, and resonating with drinkers Millennium wines.

Crémant – French Crémant is sparkling wine, which distinguishes itself from Champagne and Prosecco. Given the less stringent requirements for making Crémant compared to Champagne, bars, restaurants and wine shops can sell this sparkling wine as a good alternative to Champagne. Want to feel extra luxurious? Crémant is French for “cream,” and is considered to have a creamy mouthfeel rather than fizzy because of lower atmospheric pressure.

Albariño – Your summer 2018 wine, originating from Rias Baixas, Spain. With sour and ripe citrus colors, this wine is perfect for your seafood dishes. For Sauvignon Blanc and Pinot Gris drinkers who are looking for change, direct them to Albariño.

Anonymity and security in investment

When trading in high numbers of ownership, traders may feel that their actions constitute a security threat to themselves. This is quickly taken care of on this platform. Anonymity is offered to traders. Therefore, they can trade disguises without their real identity being excavated.

In addition to identity protection, a value guarantee aspect is also included. The safety of buying wine is guaranteed by issuing buyers with ownership certificates for each bottle of wine traded.

Easy wine trading

Imagine a stock exchange platform, except this time it is online and has no geographical zone barriers. This is just a global platform where interested people can trade freely in crypto and wine by pressing the button-automatically. This makes the process easy and efficient, eliminating all bureaucratic rules and regulations more often than not, unnecessary.

Real-time trading

The process occurs in real time. You can see transactions that occur online. Therefore, changes are easy to monitor on the system. It even makes it easier for someone to carve out an audit trail when conducting an investigation or when following up on a concern. Integrity is fortified by this aspect of real-time trading, reducing cases of dubious and fraudulent transactions.

Reliable investment returns

Crypto trade has developed over the years, and the numbers show and project the upward trajectory of appreciation as the years go by. Wine has since outperformed valuable assets such as gold, real estate and equity as previously mentioned. Looking back, recent years have seen the return of cryptocurrency owners double digit thanks to the good wine trade. This shows the promise and expected growth in this platform is very large.

Increased demand for wine in emerging markets.

Good wine continues to value the value of new markets that emerge every day with a new movement made using blockchain technology. Wine intake is becoming increasingly common.

China and India are good examples of markets that are currently helping this platform in growth by their recent interest in trading. In Asia alone, wine has been sold four times more since 2000. Regarding imports, the Asia-Pacific region is responsible for 16% of all imported wine numbers.

After the car, research shows that wine collection is the most desirable asset. This new demand found for rare collectible wines in the long run has caused prices to skyrocket, causing cryptocurrency and wine trading to be a very profitable trade.

Experts in 2016 said that the global wine market reached an astonishing 290 billion. It is expected that by 2022, it will reach 402 billion or around that. Considering the rapidly growing interests of wine and consumption which is mainly contributed by people’s changing lifestyles, increased disposable income, urbanization, and increased use of wine during celebrations, this only means that it’s only a matter of time. before the Crypto Wine Exchange (CWEX) became a rapidly expanding global business. It may also be the equivalent of the future of the conventional stock exchange market but only much larger.

Pre-ICO & Value

CWEX tokens are created on the EOS platform. The benefits are a strong ecosystem, easy integration with third party contracts and smart applications, as well as with EOS standard wallets and exchanges.