Introducing InterCellar - Web3 Fine Wine & Spirits




WHAT IS INTERCELLAR?

  • A France-based company making fine wine & spirits accessible to everyone through technology on Solana.
  • With significant traction and backing from highly regarded investors, we are a top runner in the wine & spirits RWA tokenization field.
  • Users can purchase and store bottles on our marketplace, trading them as NFTs without needing to physically move the bottles, which are expensive and delicate.
  • We ensure authenticity and quality by working directly with the brands and storing the bottles in professional cellars.
  • Our $CELLAR token provides real-world utilities for both B2C and B2B participants, offering significant benefits and ensuring the sustainability of the ecosystem.

TRACK RECORDS

  • BizDev
    • 120+ brands listed: Chateau Mouton Rothchild, Chateau Margaux, Chateau Haut-Brion, etc…
    • Key partnerships with TWINS (world’s top 3 wine merchant) with €100M turnover and La Maison du Whiskey with €150M turnover
    • 5000+ bottles in stock
    • 90% of items sold

  • Financials
    • €1.7M revenue
    • €350k secondary market revenue
    • More than €100k monthly revenue
    • $600 average basket

  • Marketing & Community
    • 3000+ monthly visits to website
    • 6% customer conversion
    • 50+ KOLs
    • 1M accounts reached from CEO’s IG @loulou.dbc
    • 70k X followers @InterCellar_
    • 16k Discord community

INVESTORS AND BACKERS

  • $2.5M raised in equity & token
  • SwissBorg: a leading crypto platform in Switzerland. 700k users with €225M valuation
  • Partouche: a leading casino group with 42 casinos
  • Sandbox: the world leader in Metaverse with 2M users and €1B valuation
  • Crypto.com: world’s leading crypto platform with 100M users
  • Polygon: top 20 blockchain worldwide with $10B market cap

… and many others!


TEAM

  • Louis de Bonnecaze (CEO)

    • Graduate of the world’s best MSc in wine & spirits management
    • 10 years experience as a fine wine merchant
    • Founder of the 1st wine website to accept cryptocurrency (2017)
    • 1st French wine & spirits KOL with 80k followers IG: loulou.dbc
  • Maxime Garraud (COO)

    • Youngest Porsche supercar salesman in Europe
    • Serial web entrepreneur with 2 successful exits
    • Sold $1 million worth of NFTs in 2022 (Wine Bottle Club)
    • Built web3’s largest wine & spirits community (50k followers)

PROBLEMS & SOLUTIONS

  • Lack of structured resale solutions for wine & spirits leads to low liquidity and trading difficulties
    Our digital bottle twin solution (NFTs) enhances market liquidity for fine wines and spirits.

  • 70% of bottles opened after 10 years are badly stored, reducing their quality and value.
    Our professional storage preserves bottle integrity and value.

  • 30% of grands crus bottles in circulation are counterfeit, undermining market trust and value.
    Our blockchain technology ensures provenance and authenticity, reducing investment risk.

  • Brands lack direct consumer access, hindering data collection and market understanding.
    Our direct-to-consumer marketplace offers brands valuable insights through direct engagement and data collection.


FINE WINE & SPIRITS MARKET

  • The fine wine & spirits market account for 1/3 of the global wine market
  • Predicted to increase from $229.4 billion in 2022 to $414.8 billion in 2031 (CAGR 6.2%)
  • ROI: 7-15%/bottle
  • Bottles are traded 6-7 times as assets before being consumed
  • In 2021, 40% of wine & spirits auction buyers were new to the scene, and 1/3 of bidders were under 40 years old, making successful web3 industry participants a great target.

BUSINESS MODEL

Aiming €22.7M revenue with €9.2M gross margin in 2027.

  • B2B
    • Commission from primary market sales (25%): fees on initial sales of wine & spirits listed on our platform
    • CRM tool subscription: monthly subscription fees for advanced CRM tools to gain detailed consumer insights & engagement
    • CELLAR token
    • Option to pay for exclusive features (ad spaces, analytics, etc.)

  • B2C
    • Storage fees
    • Fees from secondary market sales: 1% earnings from transactions in the secondary market
    • CELLAR token: option to use the token for exclusive access to exclusive sales & loyalty programs

$CELLAR TOKEN

  • Key Utilities for Consumers (B2C)
    • Access to exclusive bottles: grants entry to rare and limited editions of high-value wines and spirits
    • Discounts of market transaction and storage: unlocks significant savings on primary and secondary market purchases and storage fees
    • Gamification through virtual cellar customization: allows you to personalize your virtual cellar for an enhanced collecting experience

  • Key Utilities for Brands (B2B)
    • Unlock marketing perks: enhances visibility and engagement with targeted marketing campaigns
    • Access advanced tech services: unlocks advanced data and analytics tools to optimize operations and marketing strategies
    • Lower primary market fees: primary market sales commissions are reduced, giving a better margin for the brand

  • For All $CELLAR Investors
    • Staking: up to 28% APR
    • Gradual and sustainable value appreciation backed by increasing real-world utilities over time and burn mechanism (50% of token used)


IMPORTANT DATES

  • Public sale launchpads: September 2024
  • Listing: September 2024
  • CRM access for brands: October 2024

LINKS

Website
Marketplace
X (Twitter)
Discord

6 Likes

Tips:

  1. Add Linkedin for the CEO and add some team members
  2. Edit the links in the about at bottom it is markdown code with text in hard brackets and link route in soft brackets to have the names show properly.
  3. Use some formatting across the text, a bit of bold and italic every here and there does a lot for readability and emphasis.

Otherwise really good!

4 Likes

This seems like the kind of RWA i can get behind, one of my favourite topics, looking forward to it

2 Likes

Wow you already included all my feedback! I am not used to such speed and reaction times!

KUDOS - from the cat-crowd!!! Purr Purr! :black_cat::black_cat::black_cat: :cat2::black_cat:

4 Likes

Meow meow (thank you) :smiley_cat:

4 Likes

Sounds interesting!
Couple of questions:

  1. When I buy an NFT, it means I own that bottle right? So, wouldn’t you deliver that bottle to me once I purchase the NFT? Do I need to pay anything extra to own the physical bottle rather than just the NFT? How does that work?
  2. What % of your customers are just NFT traders and what % of them actually buy those bottles to consume it?
  3. Regarding tokenomics, only 36% for ecosystem looks to be a bit lower allocation. Any thoughts regarding this?
4 Likes

how will 36% ecosystem rewards be distributed?
how does the burn mechanism work?

2 Likes

Hello, when you buy an NFT, you do indeed own the bottle. You can trade it or order it. Currently, we deliver to 40 different countries. As of today, we have about 80% of the bottles in stock for our customers; the others have been delivered.

1 Like

The 36% ecosystem rewards aim to reward users for their purchases and brands for their sales on InterCellar. This cashback will be deflationary. It should be noted that even though the CELLAR is a loyalty token, the benefits related to it are only minimally linked to this liquidity pool (allocations, discounts, or fee reductions do not impact the ecosystem rewards pool). Additionally, 50% of the tokens spent by users and brands (digital cellar and dashboard) are returned to the ecosystem liquidity pool. Therefore, the 36% is sufficient for a sustainable and lasting distribution system.

Hello InterCellar team,

Could you please answer my below queries.

  1. If I purchase a product now and want to resell it in secondary market after couple of years. Do I need to pay any storage fee for these two years. If so, what will be the cost?

  2. Do you guys deliver product to India?

Thanks!

3 Likes

Got it! Thanks Maxime!

2 Likes
  1. Yes it is absolutely possible to keep the bottles with us as long as you want. The price is about 1.2-1.5 euros/6 bottles/month so it will be about 14-18 euros/year (as of now).

  2. Currently we do not deliver to India but it is a high potential market and we will open up the delivery option in the future.

Thanks!

3 Likes