ICO MTB20

This is the world’s first organic wine-backed cryptoasset

Costaflores is a winery based in Mendoza, Argentina. It is the first winery in the world to issue a wine-backed cryptocurrency asset.

The MTB20 token is an ERC20 cryptoasset for the 2020 vintage. Each digital token represents one bottle of wine produced from the 2020 harvest, available for drinking after May 6, 2023.

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What is it

We are selling cryptocurrency tokens that represent actual bottles of wine, made from a specific grape harvest at Costaflores Organic Vineyard. It’s like bitcoin, but for wine!

Why are we doing this?

  • A) Allow the market to decide the price of our wine

  • B) Provide complete transparency into our business practices.

  • C) Generate traceability: Vine -> Wine -> Dine -> Mind

This is our third year issuing wine-backed cryptoassets (MTB18 was our first), but we have been making delicious organic wines since 2007

How does it work?

If you have never owned a cryptocurrency,
now is your chance:

  • 1. At the beginning of April, we pick the grapes from the vineyard.

  • 2. During the month of April, we make the wine: “Mike Tango Bravo 2020”

  • 3. On the 6th of May, we issue tokens (ICO, or Initial Coin Offering), based on the number of bottles of wine produced.

  • 4. When the ICO finishes on the 25th of July, wine tokens are available on the Viniswap exchange for trading.

  • 5. Three years later, the wines are ready for drinking, and can be purchased any time online with the MTB* tokens.

For 2020, the ICO price of the MTB20 tokens is based on the COST value of the wine. After that, we let the market take over and decide the "real" value of our wines.

Roadmap

Initial Requirements Definitions 15 March 2017

Team Consolidation 3 August, 2017

ICO landing launch 27 March 2018

2018 Harvest 2-4 April, 2018

Crowdsale beta testing 21 April, 2018

MTB18 ICO token launch 6 May - 20 May, 2018

Ripio Exchange support for MTB18 5 September, 2018

2019 Harvest 11-12-13 April 2019

MTB19 ICO token launch 6 May - 25 July, 2019

Vinophonics presentation - Sonar 2019 17-18-19-20 July, 2019

Viniswap Exchange launched 13 February, 2020

2020 Harvest April 2020

MTB20 ICO token launch 6 May - 25 July, 2020

Exchange support for MTB20 25 July, 2020

End of sales of non-tokenized Costaflores wines 1 March, 2021

1 March, 2021 2021 Harvest April 2021

MTB21 ICO token launch 6 May - 25 July, 2021

You Drink It, You Own It! 6 May, 2021

MTB 2018 wines available for sale with MTB18 tokens 6 May, 2021

FAQ

For Frequently Asked Questions, you can read our Wiki FAQ page.

How can I learn more?

We invite token holders to visit Costaflores in person. Read our wiki.