As Web3 combines a decentralized era with new community-governed structures, projects across almost every industry have begun experimenting with the blockchain from launching NFT collections to crafting immersive metaverse experiences. More specifically, the food and drink space has explored new innovative ways to tie Web3 concepts into the traditional way consumers access and interact with cuisine and beverages.

Providing a new way to celebrate Web3 with one of the world’s biggest symbols of sustenance and life is the Evinco Winery DAO.

Launched earlier this month, Evinco Winery DAO is revolutionizing the wine industry by bringing people together through wine — one of the most influential beverages produced by mankind.

Presenting a membership club for vino-enthusiasts of all statuses, Evinco welcomes holders to invest in the Napa Valley winery both physically and virtually with 5,555 NFTs on the Ethereum blockchain.

Had a great time visiting @evincowinerydao – an innovative web3 project bridging blockchain with the wine industry. ? Am enjoying bottle allocations, venues, and IRL benefits as a holder? pic.twitter.com/CcQwX7kuuQ

— U2helperdad (@u2helperdad) August 22, 2022

Each minter receives two bottles from the vineyard’s library along with token-gated access to real-life dinners, tastings, and parties. Fostering a community of oenophiles, the DAO is 100% governed by holders — offering members access to exclusive podcasts, discounted wines, VIP entry to Napa Valley, and international experiences in Argentina, Bordeaux, and France with reduced hotel costs.

Ownership also includes the special opportunity to design Evinco’s bottle labels featuring the community’s fashionable ideas and artwork.

Evinco’s NFTs provide much more than traditional Web2-based wine memberships — which often require yearly subscription fees and no benefits for being a long-term member.

Only NFT project with IRL utility from Day 1. Got to visit the @evincowinerydao fam in Napa Valley for a tasting today! pic.twitter.com/vLXbr72Jys

— babooze.eth (@CryptoBabooze) August 22, 2022

With a DAO structure, value can increase as supporters watch their proposed opinions come to life over time due to the ability to voice ideas in the governing of the club. As a result, Holders of Evinco Winery DAO feel more like true collectors and owners of the vineyard instead of just a consumer.

Furthermore, by utilizing a decentralized makeup, Evinco magnifies the possibility to be a part of the wine industry – which is noted for having high barriers to entry. Starting a winery individually places great challenges on producers given expensive manufacturing, necessary skills, complex aging processes, and rising environmental factors.

Evinco Winery DAO is founded by the celebrated Napa Valley winemaker, Mario Sculatti who joined forces with the crypto specialist, known by the pseudonym @wizardofsoho.

The project has already minted more than 1,400 NFTs and has generated more than half a million USD through wine and digital asset sales.

In other NFT news, Reddit rewards its most loyal users with free NFTs.