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Thanks, cheers everyone! wait for further announcement, especially for exchange.

ICO Will soon to end. We would like everyone to know that our token will be listed on Bancor at any time on January. And we are currently in negotiation with other big exchanges. Visit our facebook or twitter account for updates. Stay tuned.

Read our article here! to learn more and get updates from beverage cash

https://medium.com/@beverige.cash/beverage-cash-soft-cap-reached-56ea7b5ab9d5?fbclid=IwAR03lvxp7xGy_b-ro3FbLvu4thr8c0-19csfhxY3o4QikzdUHrn9kmsPFHE

BEVERAGE.CASH - CRYPTOCURRENCY MUST TO BE USEFUL!

(Oricinal article read here: https://medium.com/@beverige.cash/9dbaa064e662)

After veritable explosion over the last few years bitcoin showed its largest drop since March this year and slipped to a 13-month low, falling below the $5,500. Ethereum, the second-largest digital currency, is down 14 per cent according to CoinMarketCap.

Vyacheslav Grekov, CEO Beverage.Cash project:
“Real sector economic integration represents a new era for cryptoworld.“

One of the main reasons for this rise of digital currencies is a hype-based desire of individuals to take economic power away from banks, governments and corporations. The main reason for the fall is the lack of cryptoworld and real economy connection. This turns cryptocurrency into virtual numbers not secured by anything other than hype. Having no financial support, cryptocurrency is doomed to instability.
The recent trend is the search for the ways to integrate cryptocurrency into the real economy. The first companies from the real sector of the economy have already begun entering the cryptocurrency market, which is becoming the logical continuation of their business by building new decentralized economic ecosystem.

Vyacheslav Grekov, CEO Beverage.Cash project:
“Many forms of cryptocurrency have been created over the last years and each of them has sought the way to integrate themselves into various sectors of the real economy. Cryptocurrency has to have a real worth and usefulness in order to be successful. Current trend of creating currencies backed by the real value helps to fill the gap between the real world and digital economies.”

The situation in the cryptocurrency market at the moment is showing that the currencies secured by real value are not subject to general downtrend and demonstrate a stable growth.

Beverage.Cash project is the wine and craft alcohol trading platform with integrated social ecosystem and counterfeit protection and a mobile platform where producers and consumers get connected.
The integration of RFID/QR/NFC tags into blockchain, as a part of “The Internet of Things” (IoT), will ensure protection for beverages against counterfeit and provide useful information about the product to consumers, while being a direct marketing tool, building pre- and post- direct connection between manufacturers and consumers.

Beverage.Cash project

Presently there are two main problems in beverage industry:

Counterfeit and product information

According to the industry’s experts, fake wines now account for 20% of global wine sales and the same applies to other alcoholic beverages. As the demand for wine is rising in emerging markets, wine businesses and consumers have become major victims of wine fraud crimes.

Another problem mentioned above is the product information. The labels used by manufacturers nowadays do not satisfy most of the consumers in terms of the information provided. Bearing in mind the widespread concern about health and thus the ingredients used in wine and other alcohol beverages production, the consumers want to make an informed decision when buying the products
We propose to solve both problems with one solution by using of RFID/QR/NFC tags and blockchain technologies.


WE USE:
1.   RFID network – tags, readers, active sensors – automatically collects information from the vineyard, winery, wine cellar (type of grapes, weather information, quantity, quality, temperature, time stored in oak barrels, geolocation etc.) and store this information in blockchain.
2.   Blockchain is a guarantee that information collected by RFID can’t and will not be changed. This is the best protection against dishonest beverage producers.
3.   QR/NFC labels will be attached to every bottle of the beverage producer who participates in the project. From one hand, these labels is the key to access to all information stored about this particular bottle on blockchain for consumer; from another hand, this is a protection for producers from fake products being sold in the shops.

Team background

First of all we have been producing wine and craft alcohol for eight years and we know this market from the inside, we know the problem and we know what to do and how to do it. All the money invested in this project is our own money till the last cent. If the project will get support we will speed up the process, if not we will continue development using our funds.  Here you can see our products: http://castlesolis.com/
Concerning the team – only key figures are listed – people who are working on this project.
For blockchain programming and platform development, we hired one of the best companies in the market at the moment. They are professionals and have vast experience. Their company employs more than 300 programmers. Of course, we can put photos of each of them on the project page, but we don’t think it makes sense. You can read more following this link: https://www.apriorit.com/about-us/company.

VYACHESLAV GREKOV– CEO and founder of Beverage.Cash, CEO and founder of Castle Solis D.O.O. ( http://castlesolis.com/ ), making wine and craft alcohol for more than 8 years.
EUGENE KIPPER – CFO and founder of Beverage.Cash project, more than 20 years in investment banking.
EVGUENIY TOUMBOV – COO of of Beverage.Cashproject , all his life was working as engineer in Germany for auto concern Ford. Now he is taking care of RFID network implementation in our project.
MIKHAIL KOMAROV- designer of Castle Solis and Beverage.Cash project, has been working on it for 10 years. You can check his work in the profile.https://www.behance.net/MIchael_Komarov
IVAN NIKOLAIEV – our software engineer. Has been working with us for more than 10 years as well, has a lot of experience in creating of complex solutions for banking and casino industry. 
EDEN RONQUILLO – our community and PR manager. New in our team, but we are happy to see her with us. She is from blockchain world and has a lot of experience and a lot of knowledge in this field.

Token value calculation

With the market capitalization, everything is rather simple. The addition of a new product takes place after the signing of the contract, which shows how much of the alcohol was produced and how many labels are needed annually by particular producer. Calculating token value is easy: we know total emission of tokens and we know the amount of fiat money on the platform for the purchase of FRID / QR / NSF.

Competitor analysis

There are no real competitors -this is a unique project, which has no analogues.

In fact these technologies are used separately nowadays:

RFID - for process automation,
Blockchain – there was a few attempts to use it for the alcoholic beverage industry,
QR and NFC - to enter virtual reality.

The solution that we are working on will unite all above technologies for building trust between consumers and producers and their mutual protection. Some companies are doing something similar.
For example, VIVINO is a nice application, but using this platform it’s easy to manipulate consumers’ opinion. The essence of it is that a person decides to buy another bottle of wine based on the opinion of others. But everyone can write these opinions themselves or hire a team to write them.
The Beverage.cash project has another target - building of transparency and trust between the manufacturer and the consumer. Our platform makes consumers’ opinion manipulation impossible.


Another example is VeChain where payments inside the platform are made using their own crypto-currency, which is similar to our project. Everything purchased on the platform - RFID equipment, RFID tags and sensors, QR / NFA tags, service fees, commission – is paid by internal tokens. Like in case of VeChain, the stability of the token is secured demanded goods sold on the platform for crypto-currency.

Now about the differences. VeChain offers the use of QR code to collect/trace/store information about the product in blockchain and displayed on the platform. Their main purpose is protection against forgery and changing of information about the life cycle of the product (for example, a car). We have a different goal and solution. The idea is to automate the process of collecting of information at all stages of production of alcoholic beverages, keeping it in the blockchain and providing this information to end users when they are making a purchase decision. The Beverage.cash platform is not just an information portal, like VeChain, but also a full-fledged platform for the trade of alcoholic beverages.
Therefore, you can compare VeChain and Beverage.Cash in terms of the demand for an internal token used on the platform, but if we are talking about the internal arrangement of the platforms and tasks, then these are completely different projects.

100% asset protection


RFID and QR/ NFC labels are from the real economy sector, quoted in fiat money, but sold for BCCT tokens on Beverage.Cash platform.


Financial projections and BCCT token economy

The economy of our token is related to the limited emission of a token. With addition of beverage producers to the platform, there is an increase in orders for RFID equipment and QR / NFC labels and constant increase in the amount of fiat capital needed for purchase of tokens on the platform. A limited number of tokens gives an unlimited growth potential. The price in this case is directly proportional to the capitalization on the platform. If we go to mathematics, it will look like this:

If we assume that the total emission is 1 token, then the change in its value will be as follows (we assume as well that the cost of the NFC label does not change and equals to 0.1 USD):
1 NFC sold:
1 token = 1 NFC = 0.1 USD (price of 1 NFC is 1 token or 0.1 USD)
Order for 10 NFC:
1 token = 10 x NFC = 1 USD (price of 1 NFC is 0.1 token or 0.1 USD)
Order per million NFC:
1 token = 1M NFC = 100,000 USD (price of 1 NFC is 0.000001 token or 0.1 USD)

Platform development and MVP/prototype


The development of projects of this magnitude is conducted in several stages. The first one is creation of technical documentation for developers about each block: databases, mobile applications, desktop applications. Our project is quite complicated due to use of RFID/QR/MFC for automation of the process of collection, storage and delivery of information.

We have been working on the project structure and description with the team from: https://www.apriorit.com.

Of course we can draw pictures and put them as MVP. However this will not be a prototype, but visualization. We plan to make a solid version of the platform by the middle of the next year.

Beverage.cash mission
There are two main problems of beverage market
1.   Counterfeit:
The total value of fake wine is around $3 billion, the same is going on with other alcoholic beverage.
If you would like to study it in details, follow this link: https://euipo.europa.eu/tunnel-web/secure/webdav/guest/document_library/observatory/documents/Knowledge-building-events/Counterfeiting_of_foodstuff_en.pdf
2.   Quality: 
How one could know which one of two Merlo wine bottles on the shelf in the shop was made from real grapes and without chemicals and which one was made from low quality bulk wine using a lot of different chemicals,  flavor enhancers , sugar etc.? It’s not required by law to write on the label the full list of ingredients used in production of wine or other alcoholic beverage.

Bulk wine is accounted for 38% of global wine trade in terms of volume, thus half of the wine sold around the world. To read more about it follow this link:http://socialvignerons.com/2017/09/25/the-importance-of-the-bulk-wine-market-in-the-world/

We use:
1.   RFID network – tags, readers, active sensors – automatically collects information from the vineyard, winery, wine cellar (type of grapes, weather information, quantity, quality, temperature, time stored in oak barrels, geolocation etc.) and store this information in blockchain.
2.   Blockchain is a guarantee that information collected by RFID can’t and will not be changed. This is the best protection against dishonest beverage producers.
3.   QR/NFC labels will be attached to every bottle of the beverage producer who participates in the project. From one hand, these labels is the key to access to all information stored about this particular bottle on blockchain for consumer; from another hand, this is a protection for producers from fake products being sold in the shops.

At the moment several wineries have already given their consent to participate in the project and new requests for cooperation are coming every day.

Competitor analysis

Тhere are no real competitors - this is a unique project, which has no analogues.

Of course those technologies are used separately:
RFID for process automatization,
blockchain – there was few attempts to use it for the alcoholic beverage industry,
QR and NFC to enter virtual reality.

The complex that we are creating has united all these technology for trust building between consumers and producers and their protection. Some companies doing something similar

For example VIVINO  - nice application, but using  platform it’s easy  to manipulate consumer´s opinions. The essence of it is that a person decides to buy another bottle of wine based on the opinions of others. But everyone can write these opinions themselves or hire a team to write them.
The Beverage.cash project have another target - building of transparency and trust between the manufacturer and the consumer. Our platform makes consumer´s opinions manipulation impossible.


Or, for example, VeChain – with whom we have in common that for payments inside the platform we use our own crypto currency.
Everything purchased on the platform:  RFID equipment, RFID tags and sensors, QR / NFA tags, service fees, commission – аrе paid by internal tokens. As in the case of VeChain, the stability of the token is supported by demanded goods sold on the platform for crypto currency.
Now about the differences: VeChain - offer the use of QR code to collect/trace/store information about the product in blockchain and displayed on the platform. Their main purpose
is protection against forgery, protection changing information about the life cycle of the product (car for example).
We have a different goal and another solution.
The task is to automate the process of collecting information at all stages of production of alcoholic beverages, keeping it in the blockchain and providing this information to end users when they are making a purchasing decision.
The Beverage.cash platform is not only an information portal, as VeChain, but also a full-fledged platform for the trade in alcoholic beverages.
Therefore, you can compare VeChain and Beverage.Cash in terms of the demand for an internal token used on the platform, but If we are talking about the internal arrangement of the platforms and tasks, then these are completely different projects.

 Financial projections and BCCT token economy

The economy of our token is related to the limited emission of a token. With addition of beverage producers on the platform, there is an increase in orders for RFID equipment and QR / NFC labels and constant increase in the amount of fiat-capital needed to purchase tokens on the platform. A limited number of tokens give an unlimited growth potential. The price in this case is directly proportional to the capitalization on the platform. If we go to mathematics, it will look like this:
If we assume that the total emission is 1 token, then the change in its value will look like this (we consider as well that the cost of the NFC label does not change and equal to 0.1 USD):

Order for 1 NFC :
1 BCCT= 1 NFC = 0.1 USD ((price for 1 NFC is 1 token or 0.1 USD)

Order for 10 NFC:
1 BCCT= 10 x NFC = 1 USD (price for 1 NFC is 0.1 token or 0.1 USD)

Order per million NFC:
1 BCCT= 1M NFC = 100,000 USD (price for 1 NFC is 0.000001 token or 0.1 USD)