Dropping Tomorrow: Australia's Hottest New Wine Allocation
'Over The Line' Allocation Token Drop
‘Over The Line’ Coonawarra Cabernet Sauvignon
Coming this week from the heart of Coonawarra is the allocation token for Australia’s hottest new wine, created by winemaker Peter Douglas - an Aussie legend - and grower Jack Burston.
About the Winemaker:
Peter Douglas has four decades of winemaking experience. He started his career in 1985 at Wynns in Coonawarra where he was head winemaker. During his tenure, Wynns was acquired by then Southcorp Group, increasing his responsibilities to include the making of icons such as Penfolds Grange, Bin 707 and 389, Lindeman’s St George and Limestone Ridge, and many other prized blends. From 1999 onwards, Peter made wine in the US, Italy and Tunisia before moving back to Coonawarra. As a winemaker, Peter’s name is synonymous with passion for the region and for Cabernet.
About the Region:
Coonawarra is one of the world’s great wine regions. It’s centered on the town of Coonawarra in the Limestone Coast of South Australia, and best known for Cabernet Sauvignon wines produced on its striking and singular red-earth or “terra rossa" soils. It’s nearly 400 km south-east of Adelaide, very close to the border with Victoria. Being just 60 km from the sea, Coonawarra has a somewhat maritime climate, not dissimilar to Bordeaux.
About the Wine:
Crafted by winemaker Peter Douglas, the inaugural release of OTL's flagship Cabernet Sauvignon Richings Vineyard Gold Label is a rare "selection of selections."
Imagine picking just the top 0.2% of berries at harvest, and then using only the most cutting-edge and costly winemaking techniques. After three years in cask, you again select the finest handful of barrels, followed by extended bottle maturation.
A minuscule number of wax-sealed bottles were produced in 2019, and they're available exclusively to OTL Allocation Token holders -- there's no other way to acquire the wine.
What is an Allocation Token?
An Allocation Token grants its holder the right to purchase 6 bottles of this remarkable wine every vintage it's produced, forever. This is a transferable token, which means it can be resold on platforms like OpenSea and Rarible.
Drop Details: Thursday, April 11th
The allocation token itself is $600, and the inaugural allocation -- six (6) bottles of 2019 in the original wood case -- is already included in the cost of the token (there's a one-time nominal charge of €1/lot)!
WIN A TRIP FOR 2 TO AUSTRALIA: The Golden ‘Pick-It’
All OTL allocation token holders will be entered into a draw to win a trip for 2 to Australia, where they will visit the cellar and help winemaker Peter Douglas choose the barrels for the next vintage of Over The Line.
Spotted: Jack Burston, the passionate grape grower behind Coonawarra’s finest in action.
WATCH: The Story Behind ‘Over the Line’ with Real Vision Co-Founder and CEO Raoul Pal.
In this video Raoul and Jack discuss their history from working at Goldman Sachs together to Jack starting his own luxury wine brand. We chat about the challenges of the wine business, particularly in the competitive Australian market. Jack shares why he decided to focus on making premium wines, and the importance of using only the very best fruit. He tells the story of how he sought out legendary Australian winemaker, Peter Douglas - exactly the man for the job. We discuss the tokenization of wine and the creation of allocation tokens for the new brand. The conversation concludes with plans around the release of Jack and Peter's highly promising 'Over the Line' Coonawarra Cabernet Sauvignon allocation token, powered by dVIN.
What We’re Up To
We’ve got big plans in the pipeline as we lead up to the launch of our native token $VIN. Here’s what’s coming up next:
Today: Wine Wednesday - Cabernet Talks
Join us for a glass of Cab as we chat about tomorrow’s big OTL drop, the launch of our native token $VIN, and more!
RSVP: https://lu.ma/dvin_virtualApril 12: We’re hosting another degen happy hour with the Real Vision community on their Discord.
*Must be an RV Collective Token Holder to attend’*April 17: Join us in DUBAI for The Golden Age: Real World Asset Summit event at Token2049.
RSVP: https://lu.ma/rwa-token2049April 22: Crypto Mondays Dubai.
Details and registration link coming soon.
These are just the highlights! If you’ll be in Dubai, let us know.
That’s it for today!
Cheers 🍷
Jana
dVIN Co-Founder