Wine Chain is a commercial application side chain deployed on the Wave Field TRON chain. This smart contract is created, managed and maintained by the Singapore non-profit organization WINECHAIN TECHNOLOGY FOUNDATION LTD. WINE is a TRC20 token developed based on the Wave Field TRON public chain, which is a commercial closed-loop token for Wine Chain.Wine Chain is a practice of blockchain digital reform in the wine industry. Wine Chain takes wine as the industrial foundation, sales platform as the carrier, and pass card as the link to connect the Traditional economy and pass card economy. Through token incentives, the platform's profit and future value are shared with all participants to achieve a blockchain token commercial closed-loop.Dual token modelIn Wine Chain, there are two types of tokens in the ecological network:1. Liquor Certificate Token (LCT)Liquor warrant LCT is based on TRC20 token points issued on the TRON chain of the public chain wave market, with a total of 500 million tokens. It does not have a price attribute, no trading window, and no ups or downs. It is only used as a consumption voucher for the liquor chain e-commerce platform and as a gift of token points to consumers. This token points LCT is issued by Singapore WINECHAIN TECHNOLOGY PTE. LTD and rewards users for their consumption and franchise behavior as a gift. By querying and verifying the circulation details of the liquor certificate LCT on the chain in the TRON block browser, we can learn about the user volume, business flow, fund volume, and pledge mining situation of the WINE ecosystem. All data is open, transparent, and fair. Users who purchase goods in the mall can receive a 1:1 consumption amount of Liquor Certificate Credit (LCT), which means that if they consume 7000 yuan, they can obtain 7000 LCTs.2. Wine ChainWine Chain is a commercial application side chain deployed on the TRON chain. This smart contract was created, initiated, and managed and maintained by the Singapore non-profit organization WINECHAIN TECHNOLOGY FOUNDATION LTD. WINE is a TRC20 token developed based on the Wave Field Public Chain TRON, serving as the only token for the commercial closed-loop of Wine Chain, with a constant total of 100 million tokens (including 50% original mining pools and 50% community rewards). The Wine Chain token WINE, born as a decentralized digital token, has no project allocation, no technical team reservation, no pre excavation, no backend, and only one contract address. And the mining output and circulation details of each token can be obtained from the TRON blockBrowser query verification, achieving absolute openness, transparency, fairness, and impartiality. Wine Chain (WINE) can only be mined and produced by LCT, a liquor trading company. The mining output ratio is 10:1, which means 7000 LCTs, and ultimately 700 WINEs can be excavated.
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