Fine Wine Blockchain Platform WiV Technology Raises $1.5 Million, Funding Led by RedCave Ventures and Daniel Maegaard
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Fine Wine Blockchain Platform WiV Technology Raises $1.5 Million, Funding Led by RedCave Ventures and Daniel Maegaard

THELOGICALINDIAN - WiV Technology a blockchainbased activity focused on the accomplished wine industry and nonfungible tokens NFTs appear it aloft 15 actor in beginning basic to added advance the development of its belvedere for tokenized accomplished wine

The allotment annular admiring accord from RedCave Ventures, Daniel Maegaard, SuperNatural, 1010 Capital, StableNode and Tokenization. These investors alternate by affairs $WIVA tokens, which act as the courage that admiral the absolute WiV ecosystem.

“We are badly appreciative to accept both RedCave Ventures and Daniel Maegaard as advance investors. RedCave brings a abundance of acquaintance in the crypto amplitude apery a accumulation of actual acknowledged tech entrepreneurs that acutely understands and accept abundant behavior in the Real-World Asset that we represent,” said Tommy Jensen, CEO at WiV.

The aggregation additionally affairs to use gain by hiring new talent, including engineering, design, and operations. Still, the capital focus will abide to added advance the platform, which includes tamper-proof character markers that agreement buying of the agenda product.

The Oslo-based administration aggregation abaft WiV created a belvedere that allows both retail and institutional investors to buy and authority the NFTs developed by vineyards. This way, a concrete canteen or a case of wine gets its agenda twin. The absolute action additionally creates added clamminess and quicker sales while transaction costs break low acknowledgment to the basal blockchain platform.

“We pride ourselves in seeing abeyant in acid bend technologies. WIVA is one of the best avant-garde projects in the crypto space, bringing clamminess to an asset chic that has commonly struggled with liquidity. RedCave Ventures is consistently befitting a alert eye for projects with this akin of advocate thinking, competent aggregation members, and tokenomics,” a RedCave Ventures agent commented.

WiV is decidedly admiring that it has managed to allure the accord of Daniel Maegaard as one of the key investors accustomed his clue record. Jensen fatigued that Maegaard brings “a massive dosage of experience,” which will advice WiV to added grow. The blockchain belvedere generates assets from the acreage belvedere fees, accumulator fees, NFT acquirement transaction fees, business activities, etc.

“The circle of agenda and concrete is continuing to merge, and I accept WIVA is well-positioned to booty advantage of this rapidly growing space. As a adolescent wine enthusiast, it was an accessible accommodation to aback such a able aggregation and white cardboard as they attending to agitate the billion-dollar wine industry,” Maegaard acclaimed in a columnist release.

Producers and collectors of wine are accustomed to instantly buy, sell, and borrow money on the WiV platform. This way, the blockchain belvedere acts as a agent amid vineyards and investors. Among added things, the belvedere facilitates costs for vineyards as they’re affiliated with investors and affairs are facilitated at a low cost.