General
What is Club dVIN?

Club dVIN is the world’s premier global NFT wine club. We are a community built by wine lovers, founded to celebrate the authenticity and diversity of wine culture. Our members will have access to a world of unrivalled wine and gastronomic events, exclusive offers on rare bottles, and an elite community of like-minded enthusiasts and experts - not to mention some of the most interesting producers on the planet.

When can I buy a Club dVIN membership?

New memberships will become available to those on our waitlist first. Join our waitlist by signing up above. If you are an organization rooted in wine or an NFT community looking to partner, please email us at info@clubdvin.com.

What is a Non-fungible-Token (NFT)?

Think of two $100 bills. It doesn’t matter which one you use to buy your bottle of bubbly - the shop will take either, because they are interchangeable. That’s what makes banknotes ‘fungible’. ETH or Bitcoin are also examples of fungible tokens. A Non-Fungible Token (NFT) is different because it’s non-interchangeable. Each one is unique, like a one-of-a-kind trading card or rare bottle of wine. Through the use of blockchain technology, NFTs are able to establish verified and public proof that the digital or real-world assets they are connected to are original and authentic.

Are NFTs bad for the environment?

Club dVIN is committed to employing the most environmentally friendly blockchain technology. Currently, we are using the Polygon blockchain for all of our Digital Cork and Tasting Token NFTs. Polygon's PoS validators "consume electricity energy which is multiple orders of magnitude below PoW-based blockchain miners and that translates to more eco-friendliness and considerably fewer carbon emissions. Unlike other systems, over time, it can be reasonably predicted that with technical improvements in node technology, our validators will become more efficient in both validating transactions and consuming electricity accordingly." Read more about Polygon's environmental practices here.

Why use NFTs for Club dVIN?

An NFT is a simple and automatically generated contract. It is low cost, efficient, easily transferable, and fun. As an NFT, your membership is an asset which can later be sold or transferred to others on the secondary market. By utilizing NFT's, dVIN is able to create a loyal, member-community for whom we can provide unrivaled wine experiences.

What is ETH and how do I get it?

ETH (currency symbol Ξ) is the cryptocurrency of the Ethereum blockchain. Cryptocurrencies are not available for purchase through banks or online brokerages. Instead, they are purchased and traded online through crypto-specific trading platforms. You’ll need to choose one of these exchange platforms to fund your account. Once you’ve done that you will be all set to place an order for Ethereum. Your new ETH balance will then be stored on the exchange until you decide to transfer it to your crypto wallet.

What is a wallet? Why do I need one?

A crypto wallet is a secure virtual, well… wallet! It is accessible online and facilitates the transactions of crypto-currencies and other digital assets - like NFTs - between owners and end-users.

dVIN is compatible with most major Web3 wallets including Metamask and Torus. If you don’t have a wallet yet, you can sign up for one through the dVin app with Tor.us. This wallet will be linked to the email or social profile you connect it with, and you’ll be able to use it anywhere in Web3 in the future. If you need help getting set up we are happy to assist you through your dVIN account.

Can I purchase it with US dollars via my credit/debit card?

Our public launch is in ETH, which means that you will need a private crypto wallet to receive your membership token. We are developing a path for NFT newbies to purchase the Club dVIN membership token using a credit card in USD, but that will only be available to our waitlist.

Membership
When will you start having offers on the site?

In September 2022, we began our monthly members-only drops of investment-grade and collectible wine. Bottles are sourced directly from producers, as well as from pristine cellars like Robert Parker's renowned personal collection.

How long does the membership last?

Forever. As an NFT, all Club dVIN membership tokens are tradable on the secondary market.

Why is it worth the money?

As a Club dVIN member, you’ll have the keys to unlock a world of unrivaled wine and gastronomy experiences, exclusive offers on rare investment-grade bottles, and an entire community of like-minded enthusiasts and experts - not to mention some of the most interesting producers on the planet.

Is there an age requirement to be a token holder?

Yes, all token holders must be at least 21 years of age.

Why do I need a wallet? Can't I just transfer money from my account from a crypto-exchange?

Your wallet will be the place where you store your membership NFT. When you buy ETH from an exchange (like Coinbase, FTX, Gemini or Binance), the ETH is often stored in an account balance for you. These account balances may not be set up to receive NFTs, but your wallet will do the trick.

Once it’s set up, your Club dVin membership NFT will be automatically transferred into your dVIN wallet.

What is the secondary market?

Once a person purchases the original token from dVin, all future transactions happen on a secondary market, such as Opensea.io.

OpenSea is the first and largest peer-to-peer marketplace for crypto goods (like an eBay for crypto assets), which include collectibles, gaming items, and other virtual goods backed by a blockchain. On OpenSea, anyone can buy or sell these items through a smart contract.

What happens if the wallet containing my NFTs is compromised or goes missing?

You’re safe with us. We understand that the world of blockchain can seem daunting, and we’ve all heard the stories of wallets being compromised and their digital contents stolen. Thankfully, you won’t have to worry about any of that with us. All Club dVIN NFTs are linked to your ID on our end, so if any should ever go missing, we can simply destroy the original and re-issue you a new one.

Acquisition of Wine
Who am I buying this wine from?

Wines sold on the Club dVIN platform to members are either directly from the winery, or from a designated agent of the winery in the case that the winery is not permitted to sell direct-to-consumer. In either case, Club dVIN members will receive ex-cellar pricing, which is the price that the wine is sold from the winery.

What are the steps for making a purchase?

It's very easy! 

  1. You enter the dVIN app and click ‘On offers’ on the bottom right. 
  2. You then click on the collection you are interested in.
  3. Choose the Lot you would like to buy and click purchase.
  4. You are taken to the confirmation page where you can select up to two (2) lots at a time.
  5. Continue to the payment page, where you are asked to enter your credit card information. 
  6. And voilà you should receive an email explaining next steps of storing, picking up or shipping and the relevant details of your order.

In addition to your physical bottle, your digital cellar will be immediately updated with your new Digital Cork NFTs where you will find rich information attached to your wine to learn more in depth and enjoy it.

How and when can I take physical possession of the wine?

Estimated shipping or pick-up availability is within 4-6 weeks of purchase. Lots will be delivered from the winery to a bonded warehouse in Bordeaux. After delivery and processing, members are able to request pick-up or delivery. All wine purchased on the platform includes 12 months of complimentary storage, after which there is a monthly fee.

Can I pay with credit card or crypto currency?

You are only able to pay with a credit card at this time.

During checkout in the app will the wine be "held" during the checkout process or will it be the first 10 people to checkout?

Right now we are first come, first served. We are working on better ways. If you have ideas, come talk to us on Discord!

Will there be the capacity to split the lot into 6 separate NFTs to trade on the secondary market or have them shipped separately?

​​Yes, each bottle will have an individual NFT, but you should know that breaking an OWC (Original Wood Case) will decrease the value of the lot. Bottles packaged in an OWC are worth more together with the case than individually.

What's the storage fee after the complimentary 12 months?

Approximately 0.50/month EUR or USD after the first year, depending on how many bottles.

Any tips on the best temperature or setting to store wine?

The conditions of storage in a bonded warehouse are ideal. A dark, humidity-controlled environment, at approximately 55F or 13C, without vibrations and resting horizontally is always best. As much as possible, try to mirror these conditions for wines in your possession.

Is there a means for a secondary buyer to check or inquire about whether a wine was stored in an ideal storage arrangement or some other nuanced question? Or is that not something a buyer would worry about?

For right now we track the chain of ownership, so you need to trust the people in the chain of custody. But very soon we will be implementing a number of interesting elements to transparently track and report provenance on the blockchain.

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