First True Limited cryptocurrency correlated to WINE anticounterfeiting Earn WineCoin by scanning Qrcodes, and Help us to protect Wine Culture.

Well hypothetical yes, because they have just 18 decimals, in most case, but in real world they aren’t.

What means limited and scarcity resource?

Scarcity refers to a gap between limited resources and theoretically limitless want.

A scarce good is a good that has more demand than supply.

Ex. The demand of a coin, in this case BNB (binance), can’t reach the supply limit, because the max supply is 192,443,301.0000000000000000000 that means that the max supply value can be at present market value

€1,911,514,493 Trillion, according to Federal Reserve and Money Project the Broad Money Value is 90.4 Trillion Dollars. So, the Supply are going to be always Bigger than the Demand, because the demand can’t reach in any case the value of the max value of the supply.

WineCoin and 3 Decimals

For that reasons we studied our market and find out the right decimal numbers for WineCoin.

The Wine market value, according to statista.com, is $ 155 Billions, with a Cagr of 5.8% for the next 10 years the max value of the market will be $272 Billions.

1- WineCoin is a Token Utility and not a classic cryptocurrency.
To find out more, please read white paper section 5.3

2- WineCoin is the only Token based on ERC-20 to be really limited, it has only 3 decimals and a total supply of 250.000.000.
To learn more see White Paper section 5.2

3- The WineCoin smart contract is based on DAICO standards and therefore all the rules on its functioning and the Tap function for investment protection are public and fully automated. Once the smart contract has been loaded on the Ethereum network, the team will no longer be able to modify it.
To learn more see the white paper section 5.4 or visit the url github.com/followine/daico

KYC = Know Your Coustomer: includes user identification and identity verification by reviewing if its documents are reliable and independent. All submitted identity documents remain confidential. 

KYC allows to delete transaction anonymity in order to prevent token purchases with illicit activities aim such as money laundering. It also serves to identify whether the citizen actually has the right to purchase the Token in full compliance with the laws in its country of Origin / Residence.

There are many online guides for that, for the Italian section we have also created a special one viewable on youtube at this address: https://www.youtube.com/watch?v=wAO2Fn7jLeg&feature=youtu.be

For other languages we recommend one in English which in our opinion seems to be within everyone's reach, you can find it at this address: https://cointelegraph.com/ethereum-for-beginners/how-to-buy-ethereum

If you are willing to purchase the WineCoin, it is preferable to carry out the KYC procedure by clicking here before opening a wallet or proceeding with the purchase of crypto, in order to give the Followine team enough time to carry out the necessary check of provided documentation.

Since the WineCoin is an Utility Token, the purchase is regulated by the laws in force concerning the country of origin / residence.

If you have problems finding information about it within a few weeks our lawyers will provide a list of all the countries where you can not buy the Followine Tokens, so as to avoid bad surprises. If you do not want to wait, please fill out the form for the KYC (here) and the Followine team will take charge of your case personally sending as soon as possible an answer by mail, with all the appropriate information.