Demo Day Deck
OpenVINO- BIO DIGITAL CERTIFICATION.mp4
- OpenVino “You Drink It, You Own It” - cover art
- BioDigital Certification
- OpenVino addresses three big questions about Wines:
- How should drinkers determine the “correct” price of a bottle of wine?
- What do drinkers really think about the wine in their glass?
- Are wineries truthful about their claims and their wines authentic?
- OpenVino in three parts
- Pricing = Tokenization (1 token = 1 bottle), “liquidity from liquid”
- Drinker’s Opinions = Traceability Vine -> Wine -> Dine -> Mind = “You Drink It You Own It”
- Authenticity = Extreme Transparency = BioDigital Certification
- Tokenization
- Vintage Token
- 1 token = 1 bottle
- VCO - Vintage Coin Offering
- Grape Harvest
- (March/September)
- Wine making
- (April / October)
- Vintage Coin Offering (VCO)
- (May / December)
- OpenVino.Exchange
- (July / February)
- Redeem Wine
- 3 - 10 years
- tokens —> truck shipping bottles
- Screenshot from OpenVino.exchange
- Vintage Token
- Drinker’s Opinion
- You Drink it, You own it graphic..
- share NFT
- vine-wine-dine-mind graphic
- Extreme Transparency
- Remove 1,2,3 layer text
- replace Bitácora for Work Logs
- Replace Business for Accounting Data
- Replace Cameras for 360º Cameras
- Add Analytics - test tube and drop
- Replace Web (Publish) for Web3
- Kleros in one slide….
- Lady justice
- Anonymous Jurors
- Winery
- Challenger
- Staking(s)
- Digital Badge
- OpenVino + Kleros = BioDigital Certification
- What is Organic (checklist)
- Artefacts (IoT, Camera, work log, Business
- Kleros staking
- BioDigital Certification enables wineries to self-certify ORGANIC on the blockchain
- Rotate ORGANIC …
- For Free
- Stops cheating
- Who benefits?
- Wineries
- Wine Buyers
- Wine influenceers
- Regulators
- It shouldn’t cost you money to do the right thing.
- The numbers
- $364B industry —> $444B (2027) [CAGR 6%]
- 250mhl per year / 30B bottles of wine on the wall
- Highly fragmented 70,000+ wineries worldwide
- 7+ categories of certification - only 5% Organic today
- Ideal market for disrupting certification
- Network Growth
- Free certification
- Influencers and buyers reputation upgrade
- Self-curated certificates
- Competitive advantage over “old” certificates
- How does this make money?
- Not entirely sure…but,
- BioDigital Certification
- leveraging the yearly $5K staked for 30 days per label
- partial payout from challenger staking
- Services - partnership with certifier
- Tokenization
- percentage of transaction fees on OpenVino.exchange trades
- Label registration fees
- Consulting services - scalable partner model
- Traceability YDIYOI
- Fiduciary trust / DAO setup fees
- NFT minting fees
- Serialized printing fees
- BioDigital Certification
- Not entirely sure…but,
- How will we pay out to investors?
- OpenVino DAO governance token
- 10M token issuance for €10M
- Incoming revenue to be paid out to OpenVino DAO governance token wallets.
- 2.5M tokens maintained by OpenVino SAS for operations
- 2.5M tokens reserved for founders
- 2.5M tokens reserved as incentives for partners, influencers, early adopters and supporters
- 2.5M tokens for investors
- Voting rights for initiatives
- The Team (science + art = wine)
- Legacy IT expertise - Project Management
- Make everything work…all of the time
- Blockchain Development
- Organic Wine production
- Legal
- Legacy IT expertise - Project Management
- Our Team (6 on top, 6 on bottom…multiple)
- Mike
- Mica - Costaflores team
- Mili - Legal
- Emi
- Jordi - Bloock
- Marcos - BaaSOur allies
- Kleros, Ethereum community
- VeriVin
- Areni Institute, Wine Folly
- Hewlett-Packard
- Wine supply-chain
- INV, INTA. ProMendoza, UTN
- Etendo
- What needs to happen?
- Make everything work…all of the time
- Make it simple (and pretty)
- Make noise
- Build the community Moat
- Roadmap
- August 2017 - First presented OpenVino at Organic world congress in New Delhi
- May 2018 - First VCO - wine token issuance
- July 2021 - First wine bottles redeemed for tokens
- July 2022 - Launching BioDigital Certification at EthCC Paris, Areni Cape Town
- June 2022 - Handful of test wineries for OpenVino beyond Costafores in Argentina and Spain
- March 2023 - integrate on-chain VeriVin spectroscopy Vprint chemometrics
- July 2023 -Self provisioning platform for wineries and native app for token holders
- May 2024 - Gameification for YDIYOI share-holders and metaverese wineries
- What does OpenVino change
- How we sell wine
- How we certify wine
- How we value wine, both price and quality
- We fundamentally rearrange the relationship between the the winery and the drinker.
- What is this worth, to a $400B industry?
- Is this the right time?