Wine Chain is a business application sidechain deployed on the TRON blockchain. This smart contract is created, initiated, and maintained by the Winechain Technology Foundation, a non-profit organization based in Singapore. WINE is a TRC20 token developed on the TRON public chain, serving as the closed-loop token for Wine Chain.
Wine Chain represents a blockchain-based digital reform in the wine industry. It leverages wine as its industrial foundation, uses sales platforms as a medium, and tokens as a link to connect traditional economies with token economies. Through token incentives, it shares platform profits and future value with all participants, achieving a closed-loop blockchain token business model.
Dual-Token Model
In the Wine Chain ecosystem, there are two types of tokens:
1. Liquor Certificate Token (LCT)
LCT is a TRC20 token issued on the TRON public chain, with a total supply of 500 million tokens. It does not have a price attribute or trading window, and its value remains stable. LCT serves as a consumption voucher and loyalty points for the Wine Chain e-commerce platform. These tokens are issued by Singapore Winechain Technology Pte. Ltd. and awarded to users for their purchasing and engagement activities. By checking the transaction details of LCT on the TRON block explorer, one can ascertain the user base, revenue streams, capital volume, and staking mining status of the WINE ecosystem. All data is publicly available, ensuring transparency and fairness. Users receive 1:1 LCT tokens equivalent to their purchase amount, meaning a 7,000 yuan purchase would yield 7,000 LCT tokens.
2. Wine Chain WINE (Wine Chain)
Wine Chain is a business application sidechain deployed on the TRON blockchain. The smart contract is created and maintained by the Winechain Technology Foundation, a non-profit organization based in Singapore. WINE is a TRC20 token developed on the TRON public chain, serving as the sole token for the Wine Chain closed-loop business model, with a fixed total supply of 100 million tokens (50% original mining pool, 50% community rewards). WINE is a decentralized digital token without project team allocation, no technical team reserve, no pre-mining, and no back-end operations; it only has a single contract address. Each tokens mining output and transaction details can be verified through the TRON block explorer, ensuring absolute transparency and fairness. WINE in Wine Chain can only be mined using LCT. The mining ratio is 10:1, meaning 7,000 LCT can mine 700 WINE.