Welcome!

News Feed Item

Where Wine Goes So Goes The World

A Complete Bitcoin Ecosystem

PASO ROBLES, Calif., March 6, 2014 /PRNewswire-iReach/ -- The first fully fledged Bitcoin ecosystem has been completed with Mondo Cellars, a winery based in Paso Robles, Calif. producing all aspects of a special set of wines with only Bitcoins.

(Photo: http://photos.prnewswire.com/prnh/20140306/MN78061)

Acting as négociants in creating two red blends, the 2011 Mistress and 2011 La Rocca, they have become the first winery in the world to produce wine using Bitcoin to pay all the vendors.

The vendors include an impressive list of international and local names providing the wine, cork, labels, foil, glass, processing and bottling.  This undertaking has become each vendor's first Bitcoin transaction but it paves the way for wine to become a primary cornerstone in the Bitcoin economy.

While the road to creating the wines with only Bitcoin took a lot of educating  "there seems to be a strong desire for vendors to participate once a customer has a legitimate need for their products or services and are requesting to pay in Bitcoin" says Doug Mondo

Mondo explains his reasoning for creating the wines "In creating the first Bitcoin wines it became very apparent to us that forging new niche Bitcoin ecosystems is viable at this time despite volatility"

The 2011 La Rocca is a smooth, velvety red Rhone blend of 39% Syrah, 36% Grenache, 20% Mourvedre and 5% Petite Sirah. This wine is very approachable now, but worthy of aging for years to come. Cherry, berry, currant and cocoa with a hint of spice make this blend very, very nice. La Rocca has a smooth silky finish.

While the other blend is The 2011 Mistress. This bold blend is beautifully balanced with 40% Merlot, 24% Zinfandel, 21% Mourvedre and 15% Petite Sirah. Deep ruby in hue, the Mistress will seduce you upon first glance and further draw you in with rich aromas of black cherry, toasty oak and vanilla.  She continues to flirt with your senses with her silky, supple tannins that leave a lingering finish.  

In December of 2013, Mondo Cellars became the first winery in the world to offer ownership interest for Bitcoin. The success of the first Bitcoin wines lends credibility to Mondo Cellars continued Bitcoin investor/partner program and expanded ecosystem model.  The investment opportunity shows a continued commitment to cryptocurrency by  not being tethered to a fiat dollar amount and by keeping a minimum of 75% in Bitcoin.

This delivers Bitcoin holders a unique and powerful combination of diversification while capturing Bitcoin upside and expanding the Bitcoin Ecosystem.

"It also provides the necessary Bitcoin holdings to solidly support the creation of larger and stronger niche Bitcoin ecosystems, no better place to start than the worldwide wine markets." says Mondo.

Media Contact: Steven Garman, Crypto Communications, 4084718564, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Mondo Cellars

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.