What is Gcwine

Article Summary, Automatically Generated By AI

Here is a summary of the text in HTML format:

About GCWine

GCWine aims to make the GCWine (GCW) token a means of payment in wine purchases.
The long-term plan is to cover the entire food and beverages market.

Founders of GCWine

Ushangi Matiashvili is the CEO of Georgia Cradle of Wine LLC.
He has a background in economics and is familiar with winemaking.
He has been involved in the crypto space since 2017.

What Makes GCWine Unique?

GCWine integrates crypto

About GCWine: Pioneering the Future of Wine Investment

Introducing GCWine: A Pioneering Platform

Launched in 2022 by a team with roots in Germany and Georgia, GCWine is poised to revolutionize the wine industry by establishing the GCWine (GCW) token as a preferred means of payment for wine purchases. The project’s ambitious long-term vision is to expand its scope to encompass the entire food and beverages market, enabling seamless transactions in most countries worldwide using the GCWine (GCW) token. Furthermore, the token is slated to become a payment method for products and services offered by partners of Georgia Cradle of Wine LLC, the company driving the GCWine project forward. For a comprehensive overview of the project, please refer to the Whitepaper.

The Visionaries Behind GCWine: Meet the Founders

Ushangi Matiashvili, CEO of Georgia Cradle of Wine LLC, boasts an impressive academic background. He holds a Bachelor of Arts degree in Economics, specializing in Administration and Management, from the esteemed Tbilisi State Agricultural University, which he earned in 2011. Currently, he is pursuing a Master of Arts degree in Market-oriented Management at the Landshut University of Applied Sciences. For a more in-depth look at his professional profile, please visit his

LinkedIn page

.

Georgia is globally revered as the cradle of viticulture, boasting an impressive 8,000-year legacy of winemaking excellence. Like many Georgians, Ushangi Matiashvili has been steeped in the art of winemaking since his formative years. Alongside his family, he would often craft wine using traditional Georgian methods, including the ancient Qvevri technique.

On the other hand, he has been an active participant in the cryptocurrency ecosystem, with a focus on investment and mining, since 2017. Considering his cumulative experience, he resolved to leverage blockchain, smart contracts, and Web 3 technologies to elevate global awareness of Georgian wine, thereby giving rise to the GCWine project.

Unveiling the Unparalleled Essence of GCWine

At the heart of GCWine lies the seamless integration of cryptocurrency into real-world commerce. The majority of crypto assets remain confined to limited virtual networks, unable to transcend their digital realm. GCWine seeks to bridge this gap. In the near future, Georgia Cradle of Wine LLC plans to export its premium wine to Germany, followed by other countries, with the added convenience of accepting GCWine (GCW) tokens, Bitcoin, BNB, and Ethereum as alternative payment methods. Furthermore, Georgia Cradle of Wine LLC encourages its partners and the broader business community to adopt cryptocurrencies as a viable payment option.

Notably, GCWine’s approach diverges from catering to large-scale investors. To promote a more democratized and globally inclusive project, the maximum purchase amount of GCWine (GCW) tokens is capped at 10 BNBs’ worth for verified users and 1 BNB’s worth for non-verified individuals. This deliberate constraint serves to prevent price manipulation by large stakeholders, thereby ensuring the tokens remain accessible to a broader audience. Consequently, GCWine (GCW) tokens are made affordable to everyone, ultimately contributing to the increased public awareness of cryptocurrency.

What is the Circulating Supply of GCWine (GCW) Tokens?

The maximum supply of GCWine tokens is capped at 105 quintillion GCW tokens, with no provision for further minting.

A total of 10% of the tokens have been securely locked away for a five-year period via a tamper-proof smart contract, which can be verified at the following address:

https://bscscan.com/address/0x92f0fdfdd2e55855e7e4c2b28e389539689bc3f1

.

A total of 9.7% of tokens will be allocated to partners and team members on an as-needed basis, with a 3-year lock-up period.

A total of 19.7% of tokens will be placed in a locked state.

A mere 0.3% allocation is designated for advertising initiatives, airdrops, raffles, and promotional endeavors, ensuring unhindered access.

A substantial 80% of the total token supply is earmarked for sale, with 70% allocated for distribution during the ICO phase (refer to the smart contract:

https://bscscan.com/address/0x962bF40CEd11c86e530Ad47C501426bbFca6313A

). Furthermore, an additional 10% (

https://bscscan.com/address/0x4531fd4173615aba4519c9c2169889b00cab68a9#

) will be listed and made available for purchase on designated exchanges following the conclusion of the ICO.

Following the allocation of 9.7%, 80.3% of the total GCWine (GCW) token supply, equivalent to 84,315,000,000,000,000,000 tokens, will be in circulation for a period of three years. Upon the expiration of this three-year period, the locked tokens will be released, at which point 90% of the total token supply will be in circulation. Furthermore, after five years, it is possible that 100% of the tokens will be in circulation, contingent upon whether the remaining 1% of GCW tokens held by Georgia Cradle of Wine LLC are locked or not.

The GCWine (GCW) token can also be verified on BscScan at the following link:

https://bscscan.com/token/0xd28D5fb268ee98590092748d953e5Ea94BE0A1DE

, which provides a comprehensive overview of the token’s details.

The private sale of GCWine (GCW) tokens commenced on September 1, 2022, offering the opportunity to acquire GCW tokens at a nominal price of 0.0000000000000001 BNB. The public Initial Coin Offering (ICO) subsequently launched on December 1, 2022, and will conclude on December 31, 2023, at 23:59:59 UTC. During this period, the GCWine (GCW) token is priced at 0.0000000000000016 BNB. Notably, the substantial total allocation and extremely competitive pricing enable anyone who accepts the GCWine Terms and Conditions (https://gcwine.io/en/terms-and-conditions/) to purchase GCWine (GCW) tokens, regardless of their financial means.

GCWine’s Robust Security Measures

The GCWine (GCW) utility token is built upon the Binance Smart Chain, adhering to the BEP-20 standard. As it does not possess its own blockchain, the GCW token inherits the robust security features inherent to the Binance Smart Chain. This chain employs the Proof of Staked Authority (PoSA) consensus mechanism, wherein transactions are validated by designated validators. For further information, please refer to

https://docs.bnbchain.org/docs/learn/intro/

and

https://docs.bnbchain.org/docs/learn/consensus/

.

Where to Acquire GCWine (GCW): A Comprehensive Guide

Presently, the GCWine (GCW) token is available for purchase on the official GCWine website,

https://gcwine.io/en/exchange/

, which is exclusively dedicated to GCW’s built-in decentralized exchange (DEX). Alternatively, the GCWine (GCW) token can be acquired by transferring BNB to the GCWine (GCW) token smart contract address: 0xd28D5fb268ee98590092748d953e5Ea94BE0A1DE or the DEX smart contract address: 0xe984a01ee3C5a771d93b7dBB4395ff9adE07a2dc. However, please note that BNB transfers from an exchange are not permitted. Instead, BNB should only be transferred from a wallet, the private key of which is under the sole control of the user. For further information, please visit

gcwine

The Registered Office of Georgia Cradle of Wine LLC:

The country of registration is Georgia.

Identification Code: 440398598

Location: Sighnaghi District, Jugaani Village, 4218

Tokenomics: Token Distribution Strategy

The Technical Specifications of the Token

1.1. Denomination: GCWine (GCW)

The maximum amount is capped at 105 quintillion.

The decimal point is set at 18.

The GCWine (GCW) Token: Distribution Breakdown

2.1. A 10% allocation of the total Token supply will be retained by the Firm, with these Tokens being subject to a 5-year lock-up period. Following the expiration of this timeframe, 9% of these retained Tokens will be gradually sold to mitigate potential fluctuations in the value of the GCW Token. The proceeds from these sales, denominated in BNB, will be utilized to further the Firm’s mission. Ultimately, the Firm will hold a 1% stake in the total Token supply.

2.2. A 10% allocation of the total Token supply will be bestowed upon the employees and business partners of Georgia Cradle of Wine LLC as a gesture of appreciation. These Tokens will be subject to a 3-year lock-up period. Additionally, active contributors to the GCWine Community and winners of games will receive GCW Tokens, which will not be subject to any vesting restrictions.

2.2.1. Of the aforementioned 10%, a generous 97% allocation will be bestowed upon the Firm’s employees and business partners, while a 3% share will be reserved for active members of the GCWine Community and triumphant gamers.

2.3. A substantial 80% of the total token supply will be allocated for distribution: 70% will be offered through the Initial Coin Offering (ICO), while 10% will be reserved for listing on both decentralized and centralized exchange platforms following the ICO’s conclusion. Any remaining tokens that are not sold out during the ICO period will also be listed on the aforementioned exchange platforms.

2.4. The BNB proceeds generated from the sale of 80% of the total token supply will be allocated as follows:

2.4.1. A 10% allocation of the BNB received in exchange for the sold GCWine (GCW) Token is seamlessly redirected to the Firm’s designated charity wallet.

2.4.1.1. The BNB accumulated in the charity wallet will be periodically liquidated and allocated towards diverse philanthropic initiatives and educational endeavors. On one hand, these funds will be utilized to provide assistance to those in need, while on the other hand, they will be channeled towards financing courses that foster knowledge enhancement in blockchain and winemaking within the community.

2.4.1.2. The top-performing graduates of our sponsored courses will be presented with the opportunity to collaborate with Georgia Cradle of Wine LLC on a diverse range of crypto projects. Meanwhile, our winemaking graduates will be employed by our partner wine companies, where they will contribute to enhancing production and refining the quality of wine. Upon achieving our long-term objectives and completing the construction of our state-of-the-art wine factory, our winemaking graduates will also be absorbed into our organization.

2.4.2. A 10% allocation will be dedicated to marketing initiatives, as effectively promoting the Token is crucial in fostering widespread awareness about our Project and cultivating a vibrant, engaged community of supporters.

2.4.3. A 10% allocation will be designated to compensate the Firm’s staff members, pending the generation of sufficient profits from the Firm’s operational activities to support this expenditure.

2.4.4. A substantial 70% allocation will be dedicated to fulfilling the Firm’s mission, encompassing a range of essential procedures. These include, but are not limited to, securing necessary licenses and permits, renting warehouses, facilitating the import and export of wine, and undertaking various other initiatives crucial to achieving the Firm’s objectives.

Associated Resources:

Discover the latest updates and insights from GCWine on our official Facebook page:

https://www.facebook.com/GCWineGCW/

Join our vibrant community on GCWine’s official Facebook group:

https://www.facebook.com/groups/gcwinegcw

Discover the latest updates and insights from GCWine on their official Twitter page:

Tweets by GCWine_GCW

.

Discover the essence of GCWine on our Instagram page, accessible at

https://www.instagram.com/gcwine_gcw/

.

Discover GCWine’s professional presence on LinkedIn:

https://www.linkedin.com/company/georgia-cradle-of-wine-llc/

Delve into the GCWine community on Reddit, where engaging discussions and insightful perspectives await at

https://www.reddit.com/user/GCW1111

.

Experience the essence of GCWine on our official YouTube channel:

https://www.youtube.com/channel/UCLJA_0AClWJs49f419Xau4w

Join the GCWine community on Discord:

https://discord.gg/7EjNwhJPkh

Stay connected with GCWine through our official Telegram channel:

https://t.me/GCWineGCW

Indulge in the captivating world of GCWine on TikTok:

@gcwinegcw