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Wine Chain is a commercial application side chain deployed on TRON chain. The smart contract was created and managed by the Singapore non-profit organization Wine Chain Foundation (WINECHAIN TECHNOLOGY FOUNDATION LTD.). WINE is a TRC20 token developed based on the TRON public chain, and is the commercial closed-loop certificate of the Wine Chain.
Wine Chain (wine chain) is a practice of blockchain digital reform in the wine industry. Wine Chain (wine chain) uses wine as the industrial foundation, the sales platform as the carrier, and the token as the link to connect the traditional economy with the token economy. Through token incentives, the profit and future value of the platform will be shared with all participants to realize the closed loop of blockchain token business.
Double-token model
In Wine Chain (wine chain) is a dual-token model, there are the following two types of pass in the ecological network:
1. Liquor Certificate Token (LCT)
Liquor certificate LCT is based on the TRC20 token points issued on the TRON chain of the public chain TRON, with a total of 500 million pieces. It does not have price attributes, no trading window, and no ups and downs. It is only used as a consumption voucher for the e-commerce platform of the wine chain And the warrant points presented to consumers. The pass point LCT is issued by SINGAPORE WINECHAIN TECHNOLOGY PTE.LTD, and rewards users for their consumption and joining behavior in the form of gifts. By querying and verifying the circulation details of the liquor license LCT on the chain in the TRON block browser, you can know the number of users, business flow, capital volume, and pledged mining of the WINE ecosystem. All data is open, transparent, fair and just. Users who purchase goods in the mall can get 1:1 liquor license certificate points LCT of the consumption amount, that is, users can get 7000 LCTs when they spend 7000 yuan.
2. Wine Chain WINE (Wine Chain)
Wine Chain is a commercial application side chain deployed on the TRON chain. The smart contract was created, initiated and managed by the Singapore non-profit organization Wine Chain Foundation (WINECHAIN TECHNOLOGY FOUNDATION LTD.). WINE is a TRC20 token developed based on the TRON public chain TRON. As the only token for the commercial closed-loop of the Wine Chain (wine chain), the total amount is constant at 100 million (of which 50% are from the original mining pool and 50% are rewarded by the community). The Wine Chain (wine chain) token WINE is a decentralized digital token when it was born. There is no project party allocation, no technical team reservation, no pre-mining and no background, and only one contract address. And the mining output and circulation details of each pass can be queried and verified from the TRON block
browser, so as to be absolutely open, transparent, fair and just. Wine Chain (wine chain) WINE can only be produced by the mining of wine license LCT. The mining output ratio is 10:1, that is, 7000 LCT, and 700 WINE can be dug out in the end.