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, steven@cryptocommunications.com

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
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Zerto exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016. Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions. Through the Zerto Cloud Continuity Platform™, organizations can seamlessly move and protect virtualized workloads between public, private and hybrid clouds. The company’s flagship product, Zerto Virtual...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often un...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
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 ...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.