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Home » Web3 Platform InterCellar Revolutionizes Wine Trade: En Primeur Sales Go Public

Web3 Platform InterCellar Revolutionizes Wine Trade: En Primeur Sales Go Public

Unveiling a New Era in Bordeaux Trade

Kelly Cromley by Kelly Cromley
Apr 5, 2024
in Market News, News
Reading Time: 2 mins read
0
intercellar en premieur wine sales

InterCellar, a pioneering Web3 platform dedicated to wines and spirits, has announced a groundbreaking development: for the first time, private wine enthusiasts will have access to en primeur sales through its platform. This historic move marks a significant shift in Bordeaux wine trade.

Innovative Approach to Wine Trade

InterCellar leverages blockchain technology to ensure authenticity and traceability for each bottle sold on its platform. Every purchase comes with a digital twin in the form of a non-fungible token (NFT), while the physical bottle remains securely stored in a warehouse. The platform’s dedication to providing convenient access to its exceptional wine selection is evident through its secondary market and expanded delivery options spanning over 40 countries. Recently, the Bordeaux-based startup secured €1 million from approximately thirty investors, including the Partouche Group.

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Pioneering Blockchain in Wine Sector

As trailblazers in blockchain technology within the wine and spirits industry, the Bordeaux startup celebrates this milestone. Private customers can now engage in en primeur wine trading before bottling, showcasing their acquisitions in virtual cellars through digital twins.

Exclusive Offerings and Partnerships

For the 2023 vintage, InterCellar will present over 70 prestigious wines, including renowned names like Château Cheval Blanc, Château Mouton Rothschild, Château Haut Brion, and Château Margaux. This exceptional assortment is made possible through a partnership with one of Bordeaux’s top five wine merchants. Interested buyers can reserve these wines starting May 2024 on www.intercellar.io.

Security and Accessibility

The 2023 en primeur wines, available physically from the first quarter of 2026, can be traded or transferred securely before this date. The digital twin ensures the bottle remains in InterCellar’s secure warehouse until claimed by the final owner. The new InterCellar platform promises an immersive and innovative user experience, catering to a younger clientele passionate about premium wines. This disruptive initiative highlights InterCellar’s commitment to redefining the wine experience. With blockchain technology, the startup guarantees unparalleled traceability and liquidity, allowing enthusiasts to fully engage in the world of fine wines.

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