Customers with valuable wine would like to use it as an asset for loan collateral
Current solution(s)
1 person I’ve found online used their wine in BBR as an asset
$WIVA THE FIRST COMPANY BRINGING PHYSICAL TO DIGITAL AS NFTS
Proposed solution(s)
Tokenized wine assets
Additional Comments
The biggest risk I see is that the the wine needs to be valuable. If the wine isn’t, everything falls apart
Case Studies
WIVA
Frequency (1 - 5)
2
Impact Size (1 - 5)
5
Intensity (1 - 5)
3
Next Steps
Use WIV - currently doing something similar to what Palate aims to be. Understand how it works & what problems it solves
Top Risks / Pass Reason
NFT asset price doesn’t equal the price of the wine
The wine is corked
The wine is not the wine it was promised to be
The wine isn’t valuable in the first place
Wine loses its value