Whisky on the Blockchain
location_on Hannover | web https://www.whytoken.de
Whisky Token Business Model
The whiskey market is the fastest growing sector of all spirits worldwide. The value of Scotch whiskey exports in 2010 was approximately EUR 3.9 billion. This export volume has already risen to about EUR 4.5 billion by 2016, which corresponds to an increase of an estimated 15%. In addition to the increased demand for whiskey, the value of the product itself also surged: last year, the RW APEX 1000 Index, which reflects the development of the thousand most sought-after bottlings on the secondary market (so-called high-end whiskeys), rose by more than 25%.
To benefit from this development, a fund with whiskey as an alternative investment opportunity was set up in 2014. The fund and its investors benefit from the strong performance of the whiskey market and achieve high returns. However, the general conditions of investment funds are difficult: firstly, high minimum investment sums exist, for instance, USD 250,000 in the above example, and secondly, funds of this type have several fees and costs that reduce the return for investors. In addition to front-end fees (premium), administration and management fees, investors' returns are depressed by horrendous performance fees, thus inflating the proportion of total profits paid to fund managers.
Whisky Token is looking for:
|New Team Members (Job Offers):||n/a|
|Token Investors for private Pre-Sale:||Yes, please contact Till H. Niebuhr (CEO)|
|Equity Investors (Angels, VCs):||n/a|
|Speaking Opportunities at Events:||Yes, please contact Till H. Niebuhr (CEO)|
|Legal entity||Whytoken GmbH|
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