SEOUL, SOUTH KOREA / ACCESSWIRE / July 26, 2022 / Emerging as a trailblazer in the blockchain realm, ChainSpirit is a Web 3.0 liquor brand established, designed, and owned by the community. Through the advent of blockchain technology, its mission is to provide an online community to the alcoholic beverage business.
Overview of the Current Issues Experienced by the Liquor Sectors
Overall, the lack of an interactive medium, ardent fandom, and digital presence among small breweries, distilleries, and craftspeople is a problem in the market. In addition, there is an information gap between customers and producers in the alcoholic beverage business. Hence, there are high entry barriers and a difficult path to take if you want to own and operate your own liquor crafting company and ChainSpirit's ultimate aspiration is to make this pursuit easier by taking every decision as a 'community'.
As expressed by the representatives of this cutting-edge initiative:
"Through ChainSpirit, we craft culture, aiming to define the innovative spirit of the Web 3.0 community."
Chanspirit's Cutting-Edge Solution for the Liquor Market
To address the current market challenges, ChainSpirit facilitates Decentralized governance of a liquor brand's physical/digital operations through community ownership via NFT tokens combined with decentralised control of a liquor brand's physical and digital processes. With the objective to innovate the liquor sector with blockchain innovation, Chainspirit was conceived with the ethos of creating something that would generate long-lasting and ever-growing value over time.
Aiming to revive the old spirit of South Korea, Soju is a central element of ChainSpirit, a type of liquor that is made in South Korea. ChainSpirit's SOJU is the purest, most refined form of distilled rice wine available, and it has a clean and crisp taste, and a texture that is as smooth as if white wine and vodka had a baby.
Moreover, one of the unique aspects of Chainspirit is represented by its Distillery property, located in Gwangju, Gyeonggi province of South Korea. It is a 2364-meter square, 3-story factory building legally reserved and authorised to produce alcoholic beverages
Overall, Chainspirit's fractionalised ownership and governance of the property pertaining to a physical distillery is stored on the Ethereum blockchain, in the form of Membership NFTs , since the process of digitising and decentralizing physical assets removes barriers between customers and producers while allowing for the greatest possible transparency through blockchain technology. Overall, ChainSpirit provides access to real-world assets and enterprises to a very diverse and devoted community.
Hence, Chainspirit will produce the unique traditional craft of Soju, and the members of the Distillery's DAO (Decentralized Autonomous Organization) community will have the opportunity to elect the next product. Snapshot Voting is a critical component of this pursuit, as NFT Memberships serve as a verification method on the Ethereum blockchain, allowing members of the community to be identified and to cast a vote on important business decisions (such as product, marketing, and growth) of the brand.
"Throughout the progress of the project, we will have special roles and responsibilities for our DAO. Our community will have the chance to actively participate and contribute for extra perks and rewards."
Moreover, ChainSpirit introduced the on-chain NFT membership, a digital type of membership that may be used to authenticate and track ownership to join physical venues or events. Tradable memberships are memberships that can be sold, purchased in marketplaces, and transferred via peer-to-peer transactions.
Leveraging the Power of the Community
ChainSpirit emphasises the contributions of its community, which comprises business owners, art aficionados, and JPEG fanatics, all of whom can vote on various brand management decisions and provide their own suggestions. Furthermore, ChanSpirit will set up a treasury and vote on sponsoring charities, digital/physical artists, and wine craftsmen who are conserving the world's cultural legacy.
Participants in the ChainSpirit ecosystem will have the chance to enter the JPEG Bottleground, where you can Represent your JPEG Community. After completing a 2-minute survey, those who are interested will receive a SOJU bottle design with the PFP NFT. Hence, participants may shill the JPEG bottles and acquire votes from the NFT communities, friends and families on the Chainspirit Discord #Bottleground channel.
Subsequently, those who are successful will be awarded an exclusive commercial SOJU collection with the PFP NFT with ChainSpirit, representing an outstanding possibility to generate passive income with the JPEG.
Converging the Blockchain World with the Real Life with ChainSpirit
Nevertheless, ChainSpirit is not confined to the virtual realm. A plethora of real-life events will be organised to learn about one another's unique cultures. Parties, sampling events, and other gatherings are going to take place in several different places all around the globe.
Conversely, your NFT memberships are used to verify a portion of your digital ownership in ChainSpirit Distillery, allowing you to participate in the brand's governance. For those who aim to be the first ones to enter this unique ecosystem, Chainspirit will offer the World's First Jagae (mother-of-pearl) Art Edition SOJU for just 100 Founding Members. Each Art Edition SOJU is handmade and uniquely crafted by traditional Korean craft artisans with life-long experience.
"Together, we won't stop with just one brand, or one product, and will go through physical and digital expansion of this project and IRL business together."
In this pursuit, it is possible to be a member of the world's first attempt to decentralize a Distillery property. If you become a member of the ChainSprit distillery, you will not only get genuine Soju sent to your doorstep, but you will also receive other benefits.
Learn more about ChainSpirit by accessing their digital channels:
ChainSpirit is a Liquor Craft Enterprise based in the Web 3.0 sector that introduces the world's first decentralised Spirit Crafting Distillery. The overarching mission of ChainSpirit is to unite liquor aficionados from all corners of the world as a DAO by offering them unique utilities through its NFT memberships and opportunities to engage in blockchain competition and earn profit as a member of the co-owned brand.
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