Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
$NEAR Chill&Shill w.Farandole Wine - 10N + NFT giveaway
Recorded: Feb. 14, 2023 Duration: 1:12:00Space Recording
Full Transcription
Let's give a couple minutes for more people to join and for Farindal to join as well.
Hello, hello. Can you hear me?
Yes, we can. We can hear you here in France.
Great. How are you doing today?
Is it going to be just you or is there anyone else from Farindal who's going to join the speakers?
Bye.
Bye.
Bye.
Bye.
Bye.
Bye.
All right, is the Farindal official account also going to come up?
Okay, so I say we can get started.
Not going too deep right now, just some general intros.
Jean, do you want to tell us a little bit about yourself and kind of like your connection
with the project, a little bit of background if possible?
Hello, so we are here, Jean-Baptiste and Pierre.
My name is Pierre, and we created a project about the NFT because I'm a wine explorer,
and I think there's a real interest about the NFT on the wine industry.
You can see that today because you are in wine Paris in a new pair where a lot of people
are talking about that.
It's interesting for the NFT because for me, as a wine grower, it can help to give back
a value on the wine that I'm making and selling in the future.
But also, it's important for trustability.
We can see that most of the wine growers that are today selling wines for more than โฌ100
for a bottle, and there's plenty of them, are already using trustability technology.
And the NFT could be the next one because it's way more interesting for the trustability.
That's maybe the main point that will be the main subject in the future.
But as well, we also have an interest about the quality of the wine because if people exchange
an NFT blockchain instead of exchanging a physical bottle of wine, it makes the bottle of wine
better when people drink it.
So me, as a wine grower, that's why I'm into the projects.
And so I met Jean-Baptiste, which is a smart engineer that moved to start Lian with me
and started the project Lian and make a group of wine growers in the rest of France, which
are like good wine growers that are selling wine well on a high price with special cuvรฉes
that are like kind of famous.
And thanks to this partnership, we also met Maxim from Farondol, which is like more into
the technology and also be able to make the technology work behind the project that we
have.
Yes.
And maybe Maxim want to continue and speak a little bit more about Farondol.
That will be interesting, maybe for the starting.
Yeah, let's bring up anyone else who is supposed to be a speaker.
So it's Maxim.
And is there anyone else?
Yeah.
Hi, can you hear me?
Yeah, we can hear you.
Sorry for the late.
So I'm a little bit healed today.
And I was also on the Wine Paris Fair yesterday.
So I guess I drank a little bit too much wine yesterday, but it should be all right.
So thanks a lot for having us today.
We're happy to do this AMA with all of you and to let you know more about our industry.
So thank you, Jean-Baptiste.
Thank you, Pierre from Liane Project to do this AMA with us today with Farondol.
So as for Farondol, so we've been following near since 2021, attending some events like
in Paris in 2022.
We went to Neocon 2022 as well in Lisbon.
And we got inspired by all the refi projects on this ecosystem, all the DAO projects.
So like OpenFort Protocol or RISE were good examples.
Of course, SalesGP is another DAO experience that we are following closely.
And it's also a sport that is quite green, like what we are trying to do with the wine,
trying to promote eco-friendly wine projects.
So this is really what we want to establish, coming to NEAR to try to make a change in this
wine industry, enabling the community to financially support winemakers who are committed to do
sustainable practices like Yen.
So up to now, you know, wine NFTs were about, like Pierre said, having a digital twin to enable the trades
on secondary markets.
So it's a digital twin that is actually pegged to a physical asset, right?
And usually you would consider this for trustability, for like super premium wines, very expensive bottles.
We are talking about more than a $100 bottle.
But sometimes it's also not just a trustability, but sometimes also about having a collaboration
with an artist, a celebrity to make this asset an exclusive asset.
So for the prestige and to have some speculation behind it, right?
So still about high-end wine.
So for us, since day one, our mission has been to showcase different possibilities.
So we really intend the NEAR community to be able to support wine growers, to understand them,
to connect with them.
The same way you would connect with some NFT PFP project, with some other Web3 community
projects on DeFi, etc.
So you can actually contribute, make a change, and develop the project together.
So this is quite a non-conventional choice.
And that's why we are non-conventional since day one.
So we started on Avalanche.
And we will let you know more about that.
So we started on Avalanche.
We jumped into Polygon recently, and now we are going to NEAR.
So yeah, we have launched a few vendors so far on our platform.
So the platform is a marketplace.
It's quite an alternative to what Shopify and maybe Amazon will come up with.
We want to enable those vendors, those merchants, the producers, to access Web3.
And to access Web3 to onboard and to access the community.
So this is Farrandol, and we're happy to talk to you today and let you know more.
Well, guys, I have to say this was a great introduction.
And this is very interesting, very unique projects.
We haven't seen much like that in NEAR yet.
You know, most projects at the moment in crypto are usually like just crypto-specific projects without really doing much in the real world.
So it's definitely very interesting to hear how you guys are using this new technology to sort of enhance something that you've been doing before.
And I'm honestly really curious if I could hear some more background on you guys.
Like, how did you, you know, end up deciding combining wine and NEAR and blockchain?
As I understand, you've already been in the wine industry prior to blockchain.
Is that correct?
Yeah, so to respond to you, we started the blockchain because it wasn't needed.
So we have a problem in the wine industry, and when a project is starting from a problem, it's better.
The problem is that we cannot tell to our customer that when they drink a bottle of hers, it's a bottle of hers.
Because a lot of, like, 20% of the high-class bottle get wrong and get fake.
Just because other people wanted to make a fake bottle.
So by the NFT, we can make trustability, and we can tell the people and the customer, like, okay, if you drink, if you exchange the NFT to a bottle,
even if the NFT was in, like, 100 different brands before, you can be sure that it's more wine and it was staying in the salon for all the time.
So it's really, it's like solving a need.
And in addition to that need, we can tell the people, okay, we also increase the quality of the wine because we don't move them.
But also for me as a wine grower, sometimes I'm making wine, I can sell the wine to a professional person to, like, 30 euros a bottle.
And then that kind of wine will be, like, five years or 10 years later, we'll sell for, like, 100 or maybe more.
Sometimes, like, for 1,000 euros for the domains.
And that's a problem because I don't touch anything on the pre-value of the wine.
So a bottle of wine that my dad, for example, bought for $60,000, so it's more like $0,000 in the contract,
will be no sold for 1,000 euros.
If you take, for example, about the Chateau Montreux, there's plenty of wine like that.
And do NFT is a solution for us as wine grower to say, okay, buy the smart contracts.
No, we sell only on NFT.
We only sell the wine on the blockchain.
And for that, cuvee.
And if you want to buy that with my wine and be sure that you're drinking my wine, you have to follow the rule.
And then the people just buy it and take the wine with the smart contract.
And in the smart contract, I can say, like, okay, I want just 10% of the pre-value of the wine.
So that if the wine is sold in, like, 10 yards or 1,000 euros, I can get 10% of that.
And it's just like, it's like an artist that gets the money back when his song is here again and again and again.
And if it's exchanged from my hand at the end, I will be happy as a wine maker that I can have a little part of my job in the building.
So that's why we went and moved to the NFT world.
Because it's for the first time you understand that technology like that can give a real solution to a problem that we have in the wine industry.
Do you think it's possible for you to maybe change the microphone or something like this?
It's a little hard to hear the audio quality.
Okay.
I will try to fix it.
But other than that, it's all very interesting and makes a lot of sense.
You know, I love to see projects that actually, you know, take the technology and use it for solution to a real problem instead of creating new ones.
So basically, by combining like NFTs and wine, it's almost like digital certificates, right?
That you can use to sort of like track and prove the ownership of it.
Do you see it being used more by like people who actually drink wine, collectors or also as like investment tool?
Because as far as I know, a lot of people actually invest in wine since it only goes up basically.
I mean, I have very little knowledge in that area, but that's something I've heard.
Yeah, correct.
So the wine investment market is quite big, but it's still very little compared to what people think usually like watches or some kind of other luxury item, right?
But the thing is, everyone knows about wine.
Wherever you go in the world, in every country, you talk about wine, people know.
Like it's talk about something like gin and some people might not know.
So it's very interesting product.
And investment is actually only going to be more to join the mass markets.
But we don't exactly want to just talk about investment here.
What we want to showcase is more supporting the producers, connecting with them.
In the luxury industry, when you enter a shop, any luxury brand, usually they know you, right?
They have a specific file, they know their customer.
In the wine industry, it's not the same.
When a producer sells a bottle, he has absolutely no idea who is going to be the end consumer of this bottle.
And this technology is going to help that.
So then it can be great for investment or it can be great for something else, maybe something bigger than just a simple investment.
But just for investment in the first place, it's quite good for both.
So far, to some extent on some bottles, there is a little abuse sometimes.
Sometimes a bottle can leave a winery in France or another country at 400, sorry, at like 40 euro, 40 US dollar.
And you can see this bottle in some restaurant in Singapore, Michelin star restaurant, 10 times the price.
So you know about that.
So many intermediaries and sometimes little abuse.
With this technology, yes, not only you will have traceability, you know where the bottle has been tagged, where the bottle has been stored.
But you will also know who is the end consumer, which restaurant.
And you can control the price, sort of.
So we want to enable this to happen at least to some producer, to some brand, to some vendors.
I'll see Pierre or Jean-Baptiste has sold the mic.
In the meantime, I will quickly continue on the investment market.
So like you say, wax, yeah, this is a beautiful product to invest in because, yes, when it's a great bottle, a great terroir, when it's the wine that can age, yes, with the time, the wine will only be consumed.
There will be less bottle available in the market and most of the time, the wine will actually get better with age.
So it's quite a good investment.
And it's a market.
So you have market data you have to analyze.
It's a portfolio.
So before NFTs, a lot of brands are already providing this service.
It's a wine traders market.
And interesting fact is when technology arrived 25 years ago in this market, it makes a big change because some legacy players were there for like literally 300 years.
This is such an old industry.
And you had legacy players like Corne and Barrow or so many others.
They've been there for so long.
And some newcomers arrived with technology and disrupt, bringing a real marketplace with a real possibility to buy and sell bottle with market makers making available, you know, making the orders go fast and working well.
With NFTs, commerce like us, platform providers, we believe there is a big change happening too.
And it's very interesting to see how those legacy wine traders will change the way they deal with the bottles.
And once again, there are many different ways to tackle this market.
Us, we are just a platform provider.
We just want to enable vendors to be able to jump on the Web3 in the right way.
And when I say in the right way, I try to just sense and say that in some other industries so far, some brands tried to arrive to Web3 and didn't always take the right angle.
So we try to take the time with vendors and to let them understand what they could do with the community to really make them contribute.
Got it.
So let's talk a little more specifically, you know, about your product.
As far as I understand, you know, I went on the Web site, look around a little bit.
It's like a marketplace to connect the vendors with all the people who want to purchase wine.
Do they buy wine right away or is it wine NFT first and then they have to redeem it for wine?
Or what is like sort of step-by-step logic of the process interacting with your platform?
We are targeting to have people that want to drink wine.
And so the people that we want to target is the only people that at the beginning are more like into the wine and know the value of the wine and know that if they can afford that wine, why not for that price?
It's a good thing and they will be happy to.
And then for some of them, they discover the NFT world.
That's where we come from and from Liana.
And maybe it's a little bit different from Farandol.
It's maybe a between with both of them.
Yeah.
So it's, yes, it's worth mentioning so far.
Liana, they had their website and they will use Farandol for the Web3 part, but they will have the website to continue the Web2 sales, you know, without NFTs.
For Farandol at the beginning, we just sell through NFTs.
And we just want to sell through enough trustability and enough possibilities with Web3 tools to, you know, enhance the possibilities, what you can do with the Web3 community.
So just to give you the journey here on Farandol, when we launched on Avalanche, you could connect your wallets or you could just make a payment directly.
And then you would use a credit card and we would create your wallet in the meantime underneath.
So this, we used the Venly.io back in the days to do so.
And we used social logging for some users to just, you know, connect with their email or whatever, you know, Facebook or Discord and then make a payment.
And now our new vision is more to have a real user management.
So to really make everyone register first and then to make a payment.
So it's important for us to have some kind of user management.
So we have a sort of KYC.
When I say KYC, it doesn't have to be everything you don't want to share on Web3.
Of course, we really care about digital identity and we really care about the privacy.
We just want people to be able to come back to Farandol and interact there.
Then we want to enable vendors to have their own page so they have really their own space on the platform and on this space, they can sell something else.
So with Lian, today, for the best question, we will offer one NFT bottle and this NFT bottle will also come with an NFT ticket to redeem a night at Lian's vineyard.
So in Achilles vineyard in Alsace, in France.
So this is an NFT and as the NFT holder, if you cannot make it, if you want to sell it, you can.
You can still sell this NFT on Farandol or on other marketplaces, of course.
But the idea is to sell wine and to sell experience every time coming with digital tokens.
So it can be NFT, it can be SBT, and we can talk about more different tokens later.
If you're a wine drinker, it would be interesting to take some of the cuvee we just put together on Yann, like the cuvee of my domain, Achilles, because we wanted to push the projects.
And so we deliver our cuvee, which is like another price to start and to put a first step in the NFT world by you guys.
So thank you for hearing us and being the public.
Also, for the one that want to drink wine, it's a good opportunity.
But the one that just want to make a little bit of money, just look on the internet, check about the domain,
and you know that you can resell the wine we are making, because there's a big look for the wine we are making today at Domaine Achilles.
Got it.
So just to make sure on Farandol, when you make a purchase, like you buy a physical bottle of wine delivered to your house as well as an NFT?
You buy an NFT, and then you can exchange the NFT whenever you want for a bottle, and you can drink at home.
Got it.
I see.
That makes a lot of sense.
And effectively on Farandol.
But you can also sell again the NFT on Farandol, and one more time, ten more times if you want, and get some money about selling the NFT.
Got it.
And in the end, after you buy the NFT, then you can redeem it on Farandol as well for the real product that will be delivered to your house?
Yes.
That's the point.
We only do...
I'm something like...
I'm only doing stuff about Tom's Go.
So there's something between every NFT.
There's a bottle of wine that has a high value.
Jean, it's really hard to hear you.
I'm sorry.
Have maybe some problem with connection?
So yeah, to come back on it, yeah, you...
When you had the NFT, maybe you purchased this NFT somewhere else on other marketplaces, like on MintBase.
But at the end of the day, when you want to redeem your bottle, yeah, you have to come back to Farandol.
And then there, there is the whole process to tell us about your delivery address, etc., etc.
So this is really on Farandol that you have to redeem your physical assets.
Got it.
I just want to say, guys, I see all the requests and hands raised.
We're going to go for another maybe like 10 minutes and then we're going to open it up for the questions.
Because I have more of my own questions to ask first.
So could you tell us a little bit about your journey?
Like you mentioned before that you went from Avalanche to Polygon to Nier.
Could you tell us, you know, why did you decide to stop at Nier?
And kind of like what was the motivation behind changing these platforms?
Yeah, sure.
So on Avalanche, you all know about subnets.
So with subnets, you have a possibility when you bring enough validators to create your own sort of private network.
Because when you own the validators, when you have at least an agreement with other validators to define rules regarding the membership
and the token economics that's going to take place within this validator network,
then you have a sort of privacy and sort of private blockchain network.
So this is what really made us very enthusiastic at the beginning because we could foresee a need for more, you know, B2C markets.
So really secondary market sales for the wine industry.
But we also can see the need for B2B.
And within the B2B market, usually between merchant to merchant, between a vendor to a distributor,
sometimes you don't really want to reveal the price of the transaction, the volume, and so on.
And very important for the wine market, some bottles, very exclusive bottles.
It's known that the vendor will only allocate about 100 bottles here in this country and 2,000 bottles here in this country.
And that's the way it is.
Otherwise, the producer will not give you the bottle the next year if you don't really respect the rules.
So for the B2B market, it's very important to have some privacy.
So this is why we originally were very enthusiastic for Avalanche.
And then we saw the private sharding also very, very interesting on Nier.
And so this is also why we were thinking that Nier could be another chain to deal with.
Also, it's different protocol with Rust.
And it's good to have to be multi-chained for the future, to have different possibilities to offer to our community and to offer to our vendors.
So that's where we are coming from.
And do you guys mostly position yourself as like the middleman, as like a platform to connect this, you know, exclusive vendors that you have on your network with the customers?
Or do you also have your own product that you're selling?
Yeah, we are just a platform provider.
We are engineers.
So we really care about the tech, the Web3.
We understand, of course, the operation that are running in this industry.
But we don't have our own stock.
We have to work with vendors that we introduce to the community.
Got it.
And what is sort of like your approach with, how do I say it?
Let me put it this way, right?
So you're selling one.
And, of course, you're sort of like in Web3 industry.
But at the same time, there's probably a lot of customers of yours who are not really familiar with Web3.
Like, how do you approach that?
You know, how do you make it simple for them so that you still kind of like can get the benefits of the blockchain and operate on the blockchain?
But at the same time, you know, not cut out the people who are not familiar with using blockchain.
This is a big challenge.
So I don't know if Lian is bad to speak, but I will take the first part of the question.
So it's a big challenge.
It's been two years that I'm really trying to figure out different, you know, customer journeys, how it can work.
So far, I mentioned already briefly on when we launched our first collection on Avalanche last year.
Some people could just make a payment with credit card and could just register with their email address or Facebook account without understanding Web3.
And we were creating the wallet underneath, but they just had to input a six-digit code, which was a way to access our wallet.
So it was a custodial wallet, of course, centralized wallet.
So it's the first way to use all those social login.
So this was online and also offline.
We already tried a customer journey where a user can enter a wine shop or can visit a vineyard.
And at the end of the visit, at the end of the experience in the wine shop, we have a tablet where the user can create its wallet, same with social login, with its email address.
And then the operation is quite quick to just scan a QR code of the bottle or get a membership card, an NFT membership card through a real tangible medium, sort of like that.
So the idea is we need to, so far, use social login to create a wallet and to explain to them that the wallet is just another medium.
When you get as close as possible from the Web2 experience, we foresee that it's completely doable.
But, of course, then it takes a lot of time to explain about the virtual seller, explain about some kind of other NFT tickets and so on.
Was, like, this challenge part of sort of, like, the reason that you came to Nier?
Because on my spaces, like, a lot of times I hear a lot of projects saying that on Nier, you know, it's easier to kind of, like, give people, you know, this blockchain experience that's so similar to Web2 and almost seamless.
And also, if you guys have tried any solutions, I know we have, like, Kipom here, and there's probably a couple other solutions that, you know, make basically this, like, Web2 to Web3 transition absolutely seamless.
Yeah, absolutely.
We are, I'm actually, like, super eager to hear from the community in the comment or in some question if they have any recommendation for some wallets that they'd like to see on the marketplace.
So far, of course, we will have Nier Wallet and Neets.app, but there are so many solutions existing.
And we are still in the beginning of our Nier journey, so we will be happy to benefit from, like you said, the ease of accessing Web3 through Nier.
So that's one thing.
And the second thing is also I'm waiting to see more about this JavaScript SDK and how we can adapt some smart contracts with this and open our technology to more developers.
So that's also another reason.
I'm waiting to see how these things will evolve.
But like you said, yeah, the Nier account is easy to access and to interact with.
So we are eager to see how it's going to, what's going to be the adoption when we launch.
Got it.
And as of right now, to interact with all this, once you go on the Frandall website, you need to link the Nier wallet, correct?
So as of today, it's not ready yet.
But yeah, when we launch, you will have to access with your Nier wallet.
And we are still looking at other solutions.
But Nier wallet is going to be the first one available.
Got it.
And another question I wanted to ask, you don't have to answer it if you think it's too private, but what is sort of your business models?
Because, you know, it's interesting for me to see just because it's such a new industry, you know, Web3.
And are you guys like taking a percentage of each transaction as a marketplace or what's sort of the idea behind the Frandall?
So, yeah, so, I mean, compared to other marketplaces for usually usual NFTs or usual tokens, we are dealing with physical assets.
So physically back tokens.
So we are the technology provider and we have the whole knowledge about how you track those bottles.
So we have a take behind to actually track the physical assets, right?
So all of this is like it's our product offer, product set offer.
So it's we get a fees.
We take a fees from all of those services.
So vendors, merchants and producers can just sell differently, sell to a new public on the Web3 and sell to new borders also.
Sometimes it's going to help to sell to different countries using tokens like this.
So, yeah, so we take fees and we will have in the future different packages regarding what you want.
So if you want to have some Web3 analytics, obviously, if you want to have some kind of CRM, you know, customer relationship management based on blockchain, it's also a new product.
So you have a fee for that and so on.
Got it.
I also wanted to ask you this.
So as far as I understood, you kind of have this dynamic where you buy an NFT first and then you can like redeem the NFT for the wine.
And, you know, with similar products to yours, which, you know, are like sort of an intersection of Web2 and Web3, a lot of times from different like projects, I've heard the approach where, for example, if they're selling something as like wine, you would like customers would have an option to just buy the product without sort of like participating in Web3.
And then if they want to, then they could also get like the collectible that goes with or something like this.
What do you think about this approach and, you know, just how it compares with what you're doing?
So just to be sure I understand, are you talking about some kind of proof of attendance rewards?
No, I'm just talking in general, you know, so your platform, right?
You're basically like selling wine, which is like already being done, but you put in a Web3 twist on it.
And I guess it puts you in front of like a lot of challenges, sort of how do you make this experience, right, easy and seamless and at the same time, like allow people who just want to purchase wine, do it without like additional hustle of being involved in Web3 and at the same time sort of like rip the benefits of Web3.
And I've seen like, you know, different projects approach this problem in different ways.
And as far as I understood from you guys, you sort of first make the customer buy an NFT and then they can redeem the NFT for wine.
And another approach I've seen around is when, you know, a customer can buy a product first and then optionally get an NFT if they want to as like an add on.
And I just want to hear like sort of your opinion, what you think about this and the other approach and how they compare.
Okay, by the way, could you please enable Lian again to speak?
I think they came back in, but should have this back on track, should have the option back on track.
All right.
So I will answer in the meantime.
So there are different possibilities.
So Lian is selling wine that are, you know, still in the maturity process.
They are still in their barrels or N4s and those are special wines.
So they will let you know more about it.
But it's natural wine, biodynamic wine.
And it's very like fantastic and very different from a year to another sometime because they don't use the same chemicals and so on.
So they will let you know about it.
So in this case, you buy the wine in advance because it's still in the maturity process.
So it's great to use NFT because it's just so much simpler.
You have your digital contract with every rules already written in it and you understand what you have and you can reset it so easily.
Really like seamless.
Yes, so in this case, purchasing kind of future wines, pre-sales wine makes a lot of sense with NFTs.
In some other cases, you will buy a wine bottle that already exists.
So what you want here is to have provenance.
You need to know enough history about your product when it comes to a high-end wine.
Of course, if it's more than $100 bottle, you want to understand what you're purchasing.
And if you purchase with NFT, it matters that everything is written in it.
It's very important.
Otherwise, you don't need to use particularly the blockchain for that.
But if you have provenance historic within your NFT, and when I say within your NFT, there are multiple solutions for that.
Then it's great.
You can still purchase a wine and reset it.
So your wine is maybe a centralized warehouse and a lot of competitors are going that way.
They want to centralize a lot of bottles and resell as NFTs, which is the same business as wine brokers here today.
Wine brokers in the UK are all doing that.
And it's in bonded warehouse, so you don't pay the taxes.
And it's a great business for this reason.
So we also have another approach that is going to be challenging, of course.
But it would be great to have a decentralized storage to enable collectors like you guys are enthusiasts to buy wine and to resell it while storing it.
Or at least having it stored somewhere where it's convenient for you.
So we have different visions and there are many things to do, but we'd like to see a decentralized storage approach happening.
And then, like you said, at the restaurant or at the wine tasting, you drink wine, you buy your wine, and then you want to buy an NFT out of that.
So in this case, we already do that at Frontal, it's called a collectible.
The first ones are physically bagged token and the second ones are collectible.
So you get your wine because you attended this wine tasting, it's a reward, it's a collectible.
And this collectible will enable you to have special offers later or to access to a special sale because you attended this particular event or because you've been there at the beginning.
So like all the Projecting Web 3, we want to reward the first ones.
Got it.
For Jan, he has not requested to speak.
I don't see him right now in this space.
So if he requests to speak, I will bring him back up.
And I see that's very interesting.
So you guys don't really use NFTs as collectibles in the first scenario.
It's more like a contract or a certificate of ownership.
And it's very interesting, that part, you know, I didn't catch it before, that you can buy and sort of like purchase a certificate to an ownership of a future wine that is not created yet.
And do you see it also as like an instrument for the sellers to pre-raise money so they don't have to wait, you know, to actually create that wine and sell it,
but get the money for it sort of in advance and sell it in advance?
Yeah, correct.
This is exactly what we want to do with Lian, actually.
I think they requested to speak, if you can kindly double-check.
I can see them here as listeners.
So yeah.
What's the name of the account that you want me to bring up?
Lian.
Normally it's L-I-A-L-E.
Yeah, yeah, yeah, I see.
I thought you were talking about Jean.
Jean-Baptiste, yeah.
Yeah, yeah.
I just added them for speaker.
Okay, we let them explain.
Okay, we are back.
Hello, hello.
Yeah, can you just repeat the last question?
Sorry, Ravax.
I mean, it wasn't really a question.
We were just discussing, you know, this part where through the NFTs, you sort of like allow the buyers to purchase the wine in advance
and for the sellers, you know, to like raise money in advance while the wine is still being created.
And is this like sort of one of the main benefits for wine sellers to, you know, convert, you know, to Web3 and work with you guys on this platform?
Yes.
In fact, there's two ways to, there's two ways like that.
Thank you, Rugged.
Fire and Doll, can you hear a line right now or is it just me?
No, no, I love them as well.
They will come back.
So for sure, it's making a lot of sense for them to do pre-sales like this, to raise farms.
And for Lian, they have gathered a network of producers who are selling biodynamic wines, natural wines.
So those wines are very particular.
You really need to take care of the land to have more environmental friendly practices.
And in some cases, if you really want to switch to biodynamic wine or et cetera, it takes a couple of years, right?
So you definitely need funding to support these actions.
So pre-selling the wine is something that is great.
And you don't need to do it with Web3, but if you do it with Web3, you can actually touch base all different users.
Because when I talk about these practices, even in a country of the wine, like even in France, not so many people know it.
But we really hope that with Web3, making it very nice, where the community can actually support, contribute, have dedicated services.
So, you know, you could possibly have your name on it.
You could possibly see what you purchase on the metaverse and continue to see it on the metaverse and so on.
So we really believe that with Web3, these things can really grow bigger.
So that's one thing.
And I think Lian is back to track.
So they will explain you their vision.
Got it.
Lian, can you hear me?
Oh, and they drop to the listeners.
I guess there are some connection problems again.
But also, we've been, you know, live for 45 minutes right now.
If you don't mind, we could move to the community questions.
We have almost 10 requests, so a lot of questions about your project.
Sure.
And I'm sure Lian will explain what they wanted, the two information they wanted to share after the question anyway.
So, yeah, we can jump in the question now.
Right now, I don't even see them in the space.
Well, yeah, because it would be interesting about the fact that we can buy the wine at the beginning.
But before the wine is made, that's not something we invented with the NFT.
That was something that is already made in the wine industry.
It just makes it safer.
So that's one way for the NFT to start in the wine industry because one girl like me can say,
okay, I only want to sell the wine and produce the wine on NFT.
And people can exchange it after.
And I decide when they already want to go on the markets.
The second way is the allocation.
For some of my wine, I don't have enough wine, so I can just do like reservation.
Like the one I did with the Achille, for example.
And I'm pretty sure, I'm sure that people will, normally they are asking for that wine and I don't have enough wine for everybody.
So that's a way to put them on the market and follow where my wines are going.
So there's the two ways to sell it before and give more value about it that is already existing.
Got it.
That's a great clarification.
So like in the wine industry, the practice of like pre-sale, it's existed for a long time.
But with NFTs, it's sort of like, you know, it's easier to facilitate all the transactions and transfer the ownership then and the tracking.
So it just like makes it better overall.
Yeah, correct.
And with great trustability, you will have less counterfeiting.
You will follow the real assets better and make everything safer for the end consumer.
So yeah, everyone is happy.
Of course.
Do you want to, is there anything you would want to add before we move on to questions?
Maybe there is some like announcements or updates for the project.
So announcement, we're going to launch Lian's wines in the near future without any joke, without any pun.
So I don't have a specific announcement other than it's going to be launched in the near future.
And maybe Lian wants to say which, explain which barrel you want to launch first.
Yeah, we can explain.
And we have also two other brands that we offer in the near future.
And we have also two other brands that we offer in the near future.
So the first one is the...
And we have also two other brands that we offer in the near future.
So the first one is the...
And we have also two other bags that we are selling in a few places.
So the first one is Damien, who is making a wine for us, and he is filling the Georgian tradition with a really, really nice wine.
Red wine from the south-east of France, and the last one is the Domaine de la Porte, which is a growing wine yard in the south of France, and it's a really nice wine, so yes.
And this barrel did never exist at all. The thing is that we made that barrel for the Porte, Viviane, and Farandol, and that kind of wine, especially that kind of wine, is actually unique, and it's new.
And it's biodynamic as well.
Yeah, all of them are biodynamic, making natural wine, and the way we love it, so to make a wine that will get a high value in the future.
Got it.
And keep in mind what people are saying about the different domain, and you will see that all the people that are following that domain.
Yeah, you will know more about the wine detail very soon. Thank you so much for describing it.
The mic was a little bit breaking up, unfortunately, but we will inform the community well on Farandol and on Lian later.
And we really want to explain the esoteric part later as well, so let's see the question and see if we have a little time to explain you, sorry, not esoteric, biodynamic.
What is biodynamic and the esoteric part actually coming out of that?
But Wax, I'll let you the space and the question.
Yeah, of course, I'm sure we'll have still a little bit of time to be interesting to hear.
I say, for the sake of time, let's keep the questions, you know, kind of like, it doesn't have to be too short, but sort of like moving the pace.
I'll ask you guys, let's just ask one question per person, and after your question is answered, you know, you don't have to say thank you or stuff like that.
We'll just move right away to the next question so we can move more efficiently and manage the space better.
So, we don't have that many requests, only about 10, so I think we'll go through everybody.
Hello, good evening.
Yeah, give me a second.
So, right now, let's start with the questions.
And we can start the first questions.
Let's start with Spark.
Hello, good evening.
Can you hear me?
Can you hear me?
Yeah, we can hear you.
All right, all right.
Thank you, guys.
So, based on your explanation, you said that when we get this energy, we can actually use it to redeem a wine.
So, I would love a wine bottle.
So, I would love to know, what if I have, like, a particular celebration that requires a huge number of women?
Would there be, like, any special energy I can use to, like, maybe claim multiple bottles of wine, but with a single energy?
So, the question is to have a NFT to claim multiple bottles, and what else?
I didn't hear what was the end of the question.
Yeah, the first question is, would you have, like, a particular rarity of NFT or a particular special NFT that can allow us to claim multiple bottles of wine?
And we have to buy, like, plenty and all different kind of energy to get all these multiple bottles.
Yeah, okay, great.
So, yeah, originally, we were having different plans to sell you the parental membership card that would kind of answer your question.
Because with this, you would have dedicated offers on different vendors available on the marketplace.
But so far, it's not in a priority on the roadmap.
But, yes, you will have clubs and subclubs among the marketplace in this big ecosystem.
And with this, you will have special possibilities, yes, to claim rare NFTs, rare bottles.
Correct.
But the priority for now is more to make the platform super easy to use and to onboard producers' vendors.
Okay, great.
Let's move to the next question from Victor.
You can hear me.
Yes.
Yes.
Okay, so my question is, currently, a lot of people are looking at NFT Metabaks and games.
Can you tell me what advantages will you have in this future?
Yes, we already launched a virtual showroom on Decentraland in October, where our users could just walk in and have a look at the bottles in 3D and add the history of the vineyard, history of the merchant, and history of the wine itself, of course.
And interact with each other.
So the Metaverse could be used in different ways.
One way, which is what we see as very interesting is, if you purchase your wine very much in advance, then you are really purchasing kind of a part of the vineyard itself, because you will support the producers with funding really beforehand, like a few years before the actual harvest.
So in this case, to make the end users, you know, participating and not forgetting about these assets, we force the use of Metaverse to interact with what you purchased and have some kind of gamification around it.
And this could be in a Metaverse that is maybe in 2D, some kind of 2D Metaverse accessible on smartphones.
So it's even easier to follow and to have the gamification.
So that's one way.
But obviously, the use of virtual sellers is very important for end users to be able to showcase their bottles at a dinner, at a fight dining dinner, and to showcase to their friends what they have, what assets they have currently on their virtual sellers.
Thank you, sir.
Thank you, sir.
Thank you, sir.
How secure is your platform to use?
Have you done audit of smart contracts?
What security measures are adapted from bugs of smart contracts and hacking, sir?
Okay, we have a lot of questions.
So let's just move with one question per person right now.
So thank you, Victor.
Let's go to the next question.
Thank you so much.
Yeah, no problem.
From Flash.
Yeah.
Am I audible?
Yes, we can hear you.
All right.
My question is, does your project think that more real-world use cases will emerge for NFTs as time goes on, and why we should take NFT serials?
And do you have a plan for NFT integrations?
Could you please elaborate what you mean by NFT integrations?
All right.
Like integrating with other NFT projects?
Yeah, okay.
Sure.
Yeah, that's definitely the plan to enhance the community and add more and more Web3 tools.
We are just going with different Web3 projects.
So when I was referring, for instance, to the metaverse, these are collaborations with existing metaverse or new metaverse coming.
If we talk about a 2D metaverse where you can possibly see your wide assets there, but also integration when it comes to flowing your physical bottles.
So we don't intend to reinvent the wheel every time.
So if we can use Web3 analytics tools existing already, that's great.
I'm thinking about unlock protocol, for instance, when we were talking about membership cards.
So we already created a project where you have this membership card that is kind of a membership that you can review every year.
And if you don't pay, your NFT can drop for the price or we can even make the NFT useless when we play with the metadata, etc.
So yeah, we want to use existing protocols.
We want to integrate many different stuff to be a great place, easy to use and fast to grow.
So that's our philosophy.
Okay, thank you for the question.
Thank you for the answer.
Let's move to the next question from CES.
CES, you can go ahead and ask your question.
All right.
Thanks for the information.
Sorry, the space and all the information from you.
So my question is actually, I want to know, like the NFT, since they are all tied to drinks, is it just wine?
Do you have plans of maybe going to some other drinks or some other projects or some other drinks, like conventional drinks?
Then also, I want to know, is there any limitation, like quantity of those NFTs?
Like, are there going to be quantity or each of the bottles of drinks have a different kind of NFT?
Like, I've just been trying to really understand.
And I was initially, when we started, I was thinking maybe each bottle will be tied to an NFT.
Maybe in order to confirm the authenticity of the wine.
You could check maybe through Web3, could scan each bottle to find out.
So, but I never found out about what you're saying.
So, I don't know if there are quantity of the NFTs.
Then if, apart from wine, if there are other drinks that are also involved.
Yeah, thank you.
So, yeah, we already said we are a wine and spirit platform.
So, we are talking about different spirit brands.
And so far, we focus on wine because it's already a lot of things to tackle.
And you have limitations for when it comes to shipping alcohol.
In every country, you have different rules.
So, there are tons of limitations, tax-wise, obviously.
But, of course, we are also dealing with supply chain.
So, you have limitation when it comes to supply chain, warehouse, distribution channels, and so on.
So, it's a hard industry to tackle.
And I would say that when you master the supply chain, you can really make a big change.
So, definitely, it's really not just about NFTs.
It's really about everything that is behind, that is about having the distribution channel,
having the traceability of your physical assets.
So, to have the traceability, you need to have people who are ready to follow your rules,
to tag with the NFT tag, the QR code, whatever, at different steps on the way,
on the way of the value chain.
And then you need to have the distribution channel in the country.
So, you need to obey by the rules and so on.
So, there are a lot of things to consider.
And it's true.
It's for sure that not everyone will be able to have its wine delivered in this country at the beginning.
It's not just because of all the NFTs that you can have your bottles the next day.
It's still a real physical asset.
So, the community will understand more and more, as much as we grow, what are the possibilities.
And it's going to be a lot of fun because wine is delivered everywhere.
So, there are already existing actors that we can use and so on.
So, this answers the authenticity.
We really want to have different labels on our bottles.
So, you will understand sometimes when you had a 100% authenticity because we master everything from the beginning.
So, we master the provenance.
We know where the bottle is coming from, when it's coming from the producers.
And sometimes with existing bottles, we will only be able to know what we have with receipts, with discussions with the merchants and so on.
So, sometimes the label will have a different color or different code to explain to you that we are less certain of the authenticity.
So, you will have trustability and transparency for that.
It's very important.
And then for spirits, it's a different topic compared to some wine, but still, it's a big market.
You know, wine markets, maybe about 600 billion in two years is going to be about 600 billion dollars in value.
And spirit market is little above that.
So, for sure, we want to be in both markets.
And what we are trading on Farandall, you know, could be replicated to other industries, maybe.
So, we'll see in the future.
Sounds good.
All right.
I say, let's move to our last question.
David, go ahead.
Hello, sir.
Can you hear me?
Hello.
Yes.
Okay.
My question is, what are your plans to grow the audience on your platform?
And how can, how we can contribute to your project development?
Yes.
It's a very important question.
I will, I will start and maybe Lian can finish.
It's very important to be community centric as a platform.
There are more and more platforms on the market, more and more platforms on different chains.
So, on Avalanche, we were the first one, but on Polygon, on Ethereum, of course, you had a few others.
And on Near, it's gonna be a bit about the same.
So, it's very important to have your users to contribute.
So, I'm not gonna enter the DAO side yet, but obviously, we want to tend to some DAO features, where for a wine estate, for a producer, people could actually give some votes regarding whether this producer could change to more bioagriculture.
We could share, to a more environmentally friendly practice, for instance, but it can be for a lot of different topics, the way the community can contribute.
And this is only for the, for the production part, but for the secondary market, we will, we will have a lot of secondary market sales.
So, we want the community to be able to interact with each other, to, to create their different, like, auction houses.
You know, we really want to do some auctions, but in a, in a more web three way.
So, and we really want to make it cool. So, the auction part will be very interesting, very challenging, but very interesting.
And the community will have a role to play here. I cannot give too much detail, but we just don't want to be another web two platform.
It's very important that it's web three from the very beginning, from the DNA. And you will, you will see that little by little.
Uh, I'm not talking about the token yet too, but of course, uh, tokens are important in this case, uh, and can be very useful.
It doesn't have to be a token that is listed on a, uh, on an external exchange.
Actually at the beginning, it can be an internal token and ready and useful for many things also.
So there are, there are possibilities to make the community involved and happy.
Uh, we are thinking strongly about it.
Okay.
Um, I think now's a good time to tell us about, uh, what you wanted to share something about esoteric stuff.
Yeah.
Yeah.
Is Liane available here to talk?
Thank you, sir.
I don't know if Jean-Baptiste is up here.
No, he is not with us right now.
Okay.
So I, I'll go very fast here, but the thing with biodynamic wine is that it's something that is quite relatively new.
It's been existing maybe for 80 years or so.
And, uh, it's new practices that to some extent are a little bit esoteric because it's related to.
Hearst, the stars, the moon, and, uh, depending on the lunar calendar to some extent to certain days are more, uh, favorable are better than others to actually, uh, take care about the vines and use the right solutions.
So that's why it's a bit esoteric.
And it's something that is a new wave taking over a lot of producers, um, when you have to really care about, um, uh, even the, the tools that you're using.
So, actually, there is something where it's very funny.
You have to use a horn dung to, to use a cow dung, actually, and put into it, um, some ferment to, some ferment.
And you, you put this cow dung underneath next to your vines during the winter.
And, uh, this is a practice that sounds, uh, super weird in the first place.
And that is actually having a, making a difference.
So this is, uh, this is what the esoteric part I wanted to explain, but of course, then we'll explain better.
They've been using it for a while themselves.
Um, but biodynamic is not just about that.
It's just, uh, it's, it's more.
I really invite you guys when found that we release some articles about it to follow.
And just wanted to let you know about this, because I think it's very new and very unknown.
Yeah.
That's definitely very interesting.
So basically like depending on the planetary cycle, certain days are better to grow the wine.
Yeah.
Correct.
That's very interesting.
So I personally, and this is just my personal opinion.
I like, uh, I like the way we are turning a bit back to spirituality and not just having
just science involved.
Uh, so that's, that's very cool.
And this is something really happening.
A lot of producers are going there and you even have standards.
No, like a bio standards when you are actually doing, uh, uh, biodynamic wine.
Oh, that's very interesting.
That's something I did not expect to hear on a blockchain space.
Uh, but, uh, yeah.
Okay.
We have a couple of more people who wanted to ask questions, but we already been live for
over an hour, like an hour and 10 minutes.
So I say, guys, if you have questions specifically for Ferrandol, go on their socials.
Uh, do you guys have discord yet?
Yeah, we do.
Um, it's available from, uh, when you go on, uh, Ferrandol.io.
Although we haven't really haven't spent enough time on discord so far because we had to focus our resources on building.
So really happy to have you join us on discord, but don't be surprised.
It's not super interactive there yet.
And we also have Twitter page, Instagram page.
So yeah, what is, uh, what is the best place for people to reach you if they want to ask some more questions?
Uh, everywhere is a good place, but Twitter is probably the best right now, but you can definitely use discord.
But Twitter or Instagram are the ones you will have your answers the fastest.
Got it.
Perfect.
So yeah, guys, if you have more questions for Ferrandol, you can go to the Twitter, ask them.
Uh, and also, you know, if you just wanted to ask a question on my space on next space,
I'll make sure to, uh, push forward the people who didn't get to go this time.
Um, we also have a giveaway, right?
So we have 10 year and a Ferrandol NFT that we're given away.
Yeah.
Correct.
Correct.
Okay.
Uh, so my assistant, she was keeping track of the names.
Uh, so I say, let me announce.
I'll make a post after the space is over on my page with the winners.
We're going to draw them and you can also retweet it.
So everybody will be able to see it.
And, uh, do you see, do you want to give it away to the same person or do you want to make like a multiple winners?
Yeah.
Multiple winners is great.
Okay.
So I think maybe we can give one person five near another person five near another person that NFT then.
Sounds good.
Um, hello.
Hello.
Um, can I ask this one, one question?
Um, how much is one near please?
One near is like right now.
I don't even know, like around $2 and a half, I think.
I would say 2.5, 2.18.
Okay.
Dollars.
Yeah.
Um, Kai, um, I've missed this chance, you know, um, but thank you.
Um, I'll be in touch for the next hour.
Uh, okay.
Is there any last messages?
Anything you would want the community to do to hear from you before we wrap it up?
No, nothing else.
I'm just happy to make you discover the wine industry and nature spirit industry.
So really happy to have you guys to listen to us today.
Thanks a lot.
Okay.
Thank you everybody for coming.
And stay tuned within like five, 10 minutes.
We'll announce the winners on our Twitter.
So thank you everybody.
Um, goodbye.
