What is ENO?
ENO Token is the world's first wine token that aims to revolutionize the wine industry by creating a decentralized community that unites farmers, vineyards, exporters, importers, consumers, hotels, sommeliers, and crypto users from around the world. The ENO Token is built on blockchain technology, which helps secure the tradition of wine crafting while embracing the new digital wine revolution. This way, the history of the wine culture is preserved across the new data technologies.
The ENO Token is a crypto asset created to be the unit of storage value and currency of the wine industry, designed exclusively to solve anything related to the wine industry. It enables the use of goods and services produced by the wine industry as a payment token within their network of partners and collaborators. In addition, it offers liquidity stacking, which allows users to deposit ENO within a smart contract and receive benefits in the form of pre-sales, returns, or discounts.
The ENO Token is also connected to the wine industry and its growth, which means that as the industry grows, the value of ENO increases. Therefore, the ENO Token provides value storage that is directly related to the wine industry.
To support its functionality, the ENO Token has various tools and features. ENO Swap, for instance, creates an international market for crypto assets in the wine industry, benefiting producers and consumers. Users can purchase exclusive and prestigious bottles with ENO within the platform (App and Dex) through ENO Bottle NFT´s Exclusivos. These bottles have a digital backup in NFT format that certifies users as holders of the unique and exclusive pieces.
Producers and collaborators can also create their own crop-specific NFT’s using ONE Bottles NFT’s Externos, as long as they meet quality standards and properly fund their projects with ETH or ENO. ENO Academy is another feature, offering a knowledge base with tools and resources provided by some of the most prestigious sommeliers for wine enthusiasts.
The ENO Protocol launched its mainnet on June 18th, 2021, with 25,000,000 ENO tokens created at genesis. The supply of ENO Tokens is limited to 25 million, which makes it a finite asset designed for the wine industry. 2% of the supply was sold in a private sale to private investors who provided seed capital for the project. An additional 8% was capitalization on pre-sale with first buyers, 15% for general market sales, 10% intended for marketing, 10% for R&D, 10% for market makers, and 10% for community fund and project growth. The remaining 35% is for the founders who take care of the ecosystem and the sustainability of the project.
ENO Token was founded by a group of industry leaders passionate about both wine and future blockchain technologies led by Somm Marc Flores, CEO of ENO Token, The Mexican Wine Master, CEO & Founder of Grupo Gemaric, and The Wine Club by Somm Marc. He is also the Chairman of the Pan-American Alliance of Sommeliers (APAS) and Vice President of the Association de la Sommellerie Internationale. The founders consolidated industry entrepreneurs, finance and IT specialists, crypto and tech advisors in collaboration to create a Global, Distributed, and Digital Enology Network (GDDEN) and provide new horizons in the wine world. In conclusion, the ENO Token is an innovative cryptocurrency designed exclusively for the wine industry.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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