Crypto Wine Exchange (CWEX) is a blockchain-based fine wine-trading platform, connecting cryptocurrency owners to the fine wine market without complications from regulations and bonded storage.
Over the past five years, fine wine investors have seen 10-20% annual growth rates in their investment. Reports comparing investment performance by asset class, ranks fine wine at first place with a performance of 24% in a period of 12 months. In consideration of longer investment periods – 5 to 10 years, fine wine still scores high – as the second most successful asset. Furthermore, collectible wines are among the most desirable investment assets, immediately after ~cars1 . Everything points to the fact that fine wine is a low-risk, stable investment. However, the situation is not as positive in every aspect. Although fine wine markets have been growing globally over the past few years, there are still a number of legal and practical obstacles in expansion advancement.
Simultaneously, cryptocurrency owners lack options on how to invest their digital holdings in valuable real-world assets, which are stable and guarantee short to long-term returns. Moreover, there is no guarantee in their investment reliability.