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General

General Information and Terms & Conditions

What is WineChain?

WineChain is a premium NFT marketplace where you can purchase NFTs directly from the world’s most coveted wine estates, often before they reach the traditional market. Every NFT is backed by a physical bottle or case of wine, which is stored in WineC

How do I sign up for WineChain?

To create a free account on WineChain, please click the sign-up button on our web page. It will prompt you to add your email address. We will send you an authentication link to your (provided) email address via our partnership with Magic. Clicking on

What is a digital wallet?

A digital wallet is where you can safely store your crypto tokens, NFTs, and any other digital assets. Think of your digital wallet as your digital passport that grants you access and acts as a point of authentication for all activities you do in the

I don’t have a cryptocurrency wallet, can I still transact on the platform?

Yes! By creating a WineChain account, you are automatically assigned a digital wallet. In order to make purchases, you can add USDC (stable coin) to your wallet using a credit card or use a credit card for purchases with fiat currency. Your NFTs will

Are traditional bank accounts and credit cards accepted on this platform?

You can make an NFT purchase using a credit card or with USDC. You can add USDC to your digital wallet using a credit card or bank transfer.

What is a NFT?

An NFT, or Non-Fungible Token, is a unique item that cannot be swapped on a 1:1 basis with another, i.e. it’s one of a kind. Typically, NFTs are digital assets, such as digital art or a digital pass that grants access to a network. In the case of Win

What is a wiNeFT?

WiNeFT is a moniker for NFTs on the WineChain platform. They are a digital asset backed by a physical asset, the bottle of wine. When you purchase a bottle on our platform, you immediately get to own a digital asset, which is called a wiNeFT. To unde

How does wiNeFT work?

A wiNeFT is a digital token of your physical asset. At any given point, you can decide to burn your wiNeFT, i.e., expunge your digital asset in exchange of consuming the wine. Once you burn your NFT, we will be shipping you the bottle at your preferr

How is blockchain technology used at WineChain?

Blockchain is a distributed digital ledger that allows transparent and secure information sharing. We believe this technology is perfect for validating the authenticity, sale, and ownership of high-value items such as fine wine. Specifically at WineC

Which blockchain does WineChain use?

WineChain is integrated with Ethereum blockchain technology, using the Polygon network.

What are the tax implications of buying and selling NFTs?

Each country has its own rules and regulations and we advise you to speak directly with your accountant.

How do you guarantee the authenticity of the wine?

Wineries mint and sell their wines directly (and exclusively) on our platform. The wine bottles directly transfer from the winery's warehouse to our storage, where they are kept safe and insured in temperature-controlled wine storage. At the point of

How can I contact the wineries?

Please visit the winery details page to find contact details of the relevant winery. You can also send WineChain an email about the winery at [email protected] and we will work with the winery to get your question answered or share your feedback.

How can I contact WineChain?

You can email us at [email protected].

Is the overall platform going to be available in languages other than English? Which ones?

Yes, we plan to make the platform available in other languages sometime in 2023 & 2024 based on user interest.

Will the website and admin pages be available in other languages?

Initially, we will only offer the pages in English. However, we plan to translate the website and admin pages into other languages in 2023.

Can I use my own crypto wallet?

We currently support USDC transactions through Magic Wallet, which is automatically created for you when you create your WineChain account. You can transfer USDC from other crypto wallet to your WineChain Magic wallet in order to buy the wines and wi

What does "bonded warehouse" storage mean?

All of our drops (starting from Aug, 9th 2023) are sold with "bonded status". This means we are utilizing bonded warehouse storage to suspend the tax payment on your purchase, until the final moment you want the wine to be delivered. What is a bonded