Vinito Capital Management’s Ethereum coin, VINX, is now trading on the Saturn Network
For immediate release April 5, 2020
Vinito Capital Management
VINX Coin
Vinito Capital Management’s Ethereum coin, VINX, is now trading on the Saturn Network
A fine wine and vineyard investment company launches an Ethereum coin on the Saturn Network, a decentralized Ethereum exchange market
Brazil: Today, Vinito Capital Management (VCM), a fine wine and vineyard investment company, announced that investors can now openly trade its Ethereum VINX coin on the Saturn Network, a decentralized Ethereum exchange market. The total VINX supply on the Saturn Network is 55 million coins backed by €32 million in fine wine and vineyard assets.
The VINX coin, created using blockchain and fine wine and vineyard investment fund technologies, brings never-seen-before transparency to fractional wine and vineyard ownership. The coin is operated by VCM, a fine wine and vineyard investment management company, which has been fully operational and regulated for three years. VINX coins are 100% backed by VCM’s award winning investment funds. VCM’s 2019 total fund return on investment was 48%, and its “One Glass is Not Enough” fund even reached an astonishing return of 59.4%.
The Saturn Network is an open source and verified exchange market. Trading is performed as a peer-to-peer (P2P) exchange, meaning that there are no intermediary third parties involved in the trade. The Saturn Network operates as a decentralized autonomous organisation; investors become a part of the development team and govern the network’s protocol. There are zero withdrawal fees, and trading fees collected are shared among Saturn token holders.
VCM founder and CEO, Erick Sabelskjold, is optimistic about expanding the VINX coin’s accessibility to investors on the Saturn Network. “Our goal is to make fine wine and vineyard investing accessible to everyone,” Sabelskjold states. “By bringing the VINX coin to the Saturn Network, we’re excited to be lowering the barrier to entry to wine investing even further.”
To purchase VINX coins, visit The Saturn Network.
For more information on VINX, visit the VINX website or contact Erick Sabelskjold ([email protected]).