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
What is the best strategy for selecting the right offshore company for your business? In his session at 21st Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, will discuss the things to look for - positive and negative - in evaluating your options. He will also discuss how to maximize productivity with your offshore developers. Before you start your search, clearly understand your business needs and how that impacts software choices.
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
Most of the time there is a lot of work involved to move to the cloud, and most of that isn't really related to AWS or Azure or Google Cloud. Before we talk about public cloud vendors and DevOps tools, there are usually several technical and non-technical challenges that are connected to it and that every company needs to solve to move to the cloud. In his session at 21st Cloud Expo, Stefano Bellasio, CEO and founder of Cloud Academy Inc., will discuss what the tools, disciplines, and cultural...
SYS-CON Events announced today that Fusic will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Fusic Co. provides mocks as virtual IoT devices. You can customize mocks, and get any amount of data at any time in your test. For more information, visit https://fusic.co.jp/english/.
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
With the rise of DevOps, containers are at the brink of becoming a pervasive technology in Enterprise IT to accelerate application delivery for the business. When it comes to adopting containers in the enterprise, security is the highest adoption barrier. Is your organization ready to address the security risks with containers for your DevOps environment? In his session at @DevOpsSummit at 21st Cloud Expo, Chris Van Tuin, Chief Technologist, NA West at Red Hat, will discuss: The top security r...
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 21st Cloud Expo, Lennart Frantzell, a Developer Advocate with IBM, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing devel...
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that Interface Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Interface Corporation is a company developing, manufacturing and marketing high quality and wide variety of industrial computers and interface modules such as PCIs and PCI express. For more information, visit http://www.i...
SYS-CON Events announced today that Keisoku Research Consultant Co. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Keisoku Research Consultant, Co. offers research and consulting in a wide range of civil engineering-related fields from information construction to preservation of cultural properties. For more information, vi...
There is huge complexity in implementing a successful digital business that requires efficient on-premise and cloud back-end infrastructure, IT and Internet of Things (IoT) data, analytics, Machine Learning, Artificial Intelligence (AI) and Digital Applications. In the data center alone, there are physical and virtual infrastructures, multiple operating systems, multiple applications and new and emerging business and technological paradigms such as cloud computing and XaaS. And then there are pe...