It’s no secret that Georgian wine is a significant part of the country’s culture and customs. This crypto project aims to introduce the crypto community to the history of the production of Georgian wine. It is not a sales prospectus, and this information is only for informational purposes.

Archaeologists in Georgia discovered a large clay vessel that was filled with waste and grapes near the village of Shulaveri in Kvemo Kartli. It was believed that this type of container was used around 8000 years ago, making it the cradle of Georgian wine.

The founder of Georgia Wine Cradle, Ushangi Matiashvili, stated that blockchain technology is a promising innovation that needs to be supported and developed in order to become a real-world business asset. Unfortunately, Bitcoin has been unable to do so due to its classification as digital gold and transfers.

Due to the high cost of doing business, it is not considered a suitable payment method. For instance, when a programmer posted a message on a forum stating that he would pay $10,000 for a pizza delivery, the price of Bitcoin was relatively low at that time. Today, it is much more expensive.

A pizza would cost millions of dollars today. In a couple of years, it will become billions of dollars. Due to its classification as digital gold, Bitcoin has become a store of value.

He noted that a token that has a larger total amount than Bitcoin would be more cost-effective and would allow Georgians to use it without having to spend a lot of money. Also, it would have an upper limit, which would prevent inflationary printing. The Georgian Wine Cradle token is currently available for use on a cheap and accessible basis.

It was also necessary to connect the Georgian Wine Cradle token to the market. In order to enable it to function as a tax token, it was decided to conduct an initial coin offering. This type of event allows people to sell their assets and use the money that they have raised to start a new business.

For a long time now, Georgia has been celebrating the status of its homeland as the cradle of wine. As a native Georgian, Matiashvili is familiar with the traditional method of making wine, which is commonly practiced in his family.

He noted that the Georgian people’s love for wine is associated with their cultural beliefs and customs. In order to introduce Georgian wine to the world, the creator of the GCWine token collaborated with the blockchain technology that is currently driving the digital world. This will allow the country to introduce its unique culture and wine to other countries.

What is GCWine (GCW) token?

The GCWine token will serve as a bridge between the digital and the real world. It will allow Georgian wine producers to export their product and sell it in other countries. It will also allow them to engage in the food business. GCWine will be the first thing you buy when you use it.

The GCWine token will be distributed in phases. The first 10 will be allocated to the company, and after five years, the remaining 9% will be used to develop the project and increase its level. Finally, 1% will be left with the company.

Employees and partners will receive 10% of the total value of the GCWine token, which will be frozen for three years. The remaining 10% will be given to the winners of draws and distributed to active community members. Around 80% of the GCWine token will be sold after the initial coin offering, while the remaining 10% will be listed on centralized and decentralized exchanges after the token’s lifespan.

10% of the GCWine token will be transferred to BNB, and this will be used to fund a charity wallet that will be sold in stages. The money will then be used for various educational projects and charitable activities.

Link: https://gcwine.io/