Use cases

Product Sales as NFTs Using ELXR

SuperWine partners, such as wineries and alcoholic beverage businesses, can transform their sales strategy by using the ELXR token to tokenize their wine products as non-fungible tokens (NFTs). This process, which is enabled by blockchain technology, allows wineries to represent the digital ownership of their products.

Internal Currency for Seamless Transactions

ELXR is the flagship internal currency of the SuperWine ecosystem, streamlining transactions and fostering a frictionless environment. Users can seamlessly navigate the ecosystem with the native token, from purchasing premium wines and services to participating in various activities on the platform. This not only enhances the user experience but also solidifies ELXR as an integral component of the SuperWine economy.

SuperWine Nodes

Nodes relay transactions and blocks to other nodes, helping to propagate information throughout the network. We use Network Participation where Nodes relay transactions and blocks to other nodes, helping to propagate information throughout the network. SuperWine Node holders receive rewards for their contribution in the network. The Nodes are non-transferable and non-tradable reserved for long-term investors.

Burn Mechanism for Stability

The burning mechanism adds a layer of scarcity and potential value appreciation to ELXR. The goal is to increase the scarcity of the remaining ELXR tokens in circulation by purposefully destroying a portion of the total supply. This mechanism, which is implemented by smart contracts, helps to maintain the long-term stability and value retention of the token within the ecosystem.

Benefits and privileges

ELXR holders are entitled to special perks, such as discounts on purchases made with the token. Additionally, access to high-quality NFT collections is frequently linked to a predetermined number of ELXR tokens, providing privileges to dedicated members of the SuperWine community.

Trezor Services for Wine Storage

Partners can use ELXR to rent or buy vaults within the SuperWine ecosystem for real-world wine storage and rental services. This feature addresses the diverse needs of wineries by providing a secure and blockchain-enabled solution for storing and trading valuable wine collections.