We have been hard at work to plan the next major advances for the Evinco Winery DAO and have set forth a proposal for the expenditures needed to continue to advance the project!
NOTE: All revenue generated via the online store will be used to first pay back the DAO, in full, for these expenditures then all remaining profits will be split 25% to the DAO & 75% to operations.
Expenditure 1: Online Store We have been shopping around for quotes to build out the custom NFT gated online store. We have come to the conclusion on a quote. The online store will be open to the public in order to continue to build brand awareness and generate revenue while also being NFT gated so our community members can be verified in order to receive discounts on wine & merch, receive flat rate shipping and gain priority access to new releases! We all know our community is eager to get their hands on more Evinco wine so launching the online store is a top priority of ours in order to give the people what they want!
Expenditure 2: 'NFT Series' Cabernet Sauvignon We are ready to release the first of its kind, the Evinco Winery DAO 'NFT Series'! We have been searching for a wine that will live up to the 'NFT Series' expectations and have found the one. The quantity is limited and EWD members will only be able to purchase the 3pk of the 2014 Evinco Winery DAO 'NFT Series' Yountville Cabernet Sauvignon. EWD members will be able to purchase a custom 3pk with any NFT artwork they own as the front label. We have the printer and we found the wine so it is time to make this happen!
Expenditure 3: Evinco Bone x Blade Sparkling Wine As you may already know, the Wiz is a sucker for sparkling wine so of course we have to add an Evinco Winery DAO sparkling wine to the Evinco portfolio! We gave people a sneak peak of the sparkling wine we were interested in and it is time to bring in the summer with the release of the first Evinco Bone X Blade Sonoma Coast Blanc de Blanc! Gold members will receive priority access to the sparkling release before silver members or the public can purchase it.
To recap, we are proposing the following expenditures to advance the Evinco Winery DAO to the next tier of a Web3 winery:
Expenditure 1: Online Store = $41,000 Expenditure 2: 56 cases of 2014 Evinco Winery DAO 'NFT Series' Yountville Cabernet Sauvignon = $22,000 Expenditure 3: 132 cases of Evinco Bone X Blade Sonoma Coast Blanc de Blanc = $40,000
Total = $103,000
We are very excited about the direction of the project and the amazing community we have built!