FAQ

What is InterCellar ?

Intercellar is a Web3 Marketplace that allows the acquisition and exchange of exclusive bottles of wine and spirits.

It offers wineries and brands the opportunity to share their history and products with a younger, digital Web3 community, while establishing a direct contact with the consumer.

Intercellar solves recurrent problems of the industry: storage, traceability, liquidity and environmental footprint; adding to it a most innovative customer experience.

What is an NFT ?

An NFT, short for Non-Fungible Token, represents a one-of-a-kind item that cannot be exchanged with another in a straightforward manner, unlike interchangeable assets. NFTs are usually digital assets, like digital art or a digital ticket that provides entry to a network. InterCellar's NFT is an are digital assets digital asset backed by a tangible asset, such as a bottle or a case of wine or spirit.

How does InterCellar ensure authenticity ?

On InterCellar, wineries & spirit brands mint and sell their wines / spirits directly, without intermediaries. The bottles are stored at the brand’s warehouse or transferred straight from the brand’s warehouse to our secure storage, where they are insured and kept at a controlled temperature. When you redeem your bottle, you can verify the shipment by comparing the code on the bottle with your digital NFT code.

How can I receive my bottles ?

If you own a bottle on InterCellar, you can redeem it at any time by filling out a redeem form.

By redeeming the bottle, you'll be exchanging the digital version for the physical one, which means the visual of your NFT will change to indicate that the NFT is no longer backed by a physical asset. It's essential to note that there is no going back once you redeem it, and you won't have access to the initial digital token anymore.

When redeeming, you'll need to enter your shipping address, and you must comply with your jurisdiction's rules to receive the bottle. We will ship your bottle safely using priority and insured mail.
‍
The redeemer will be responsible for covering the shipping, duties and potential storage costs, which will only be incurred when the physical bottle is redeemed.

Which countries can be delivered ?

List of deliverable countries : France, Germany, Austria, Belgium, Denmark, Spain, Finland, UK, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Sweden, Iceland, Bulgaria, Croatia, Estonia, Hungary, Latvia, Lituania, Poland, Romania, Slovakia, Slovenia, Czech Republic, Switzerland, USA, Canada, Hong-Kong, Japan, China, South-Korea, Singapore, Malaysia, Philippines, South Africa, Mauritius, Australia and New Zealand.This list is subject to change according to customs regulations or events beyond the control of InterCellar. If necessary, NFT holder should contact InterCellar to find the most appropriate alternative solution.

Are there any fees or royalties ?

The purchase and resale of NFTs may be subject to various forms of commissions:
‍
- Gas fees : These are the costs inherent to the security of the blockchain transactions. They are not the responsibility of InterCellar.
‍
- Royalties : For each Secondary Sale, the issuing wine/spirit brand shall charge royalties to the buyer, as defined in the minting smart contract.These royalties are at the appreciation of the producers and can be redistributed in part to InterCellar.

- Storage fees : the storage costs are to be paid by the customer. They are deducted from the selling price in case of resale. They must be paid in the event of a request for redeem

Is there a way to access drops in privileged way ?

NFT Wine Bottle - Genesis holders, will have privileged access to drops (to be determined based on the drop).For each drop, a whitelist system can also be set up, with specific conditions.

Can I pay with traditional currencies and crypto ?

Of course, drops (sales) will be accessible in cryptocurrencies but also with fiat currencies (traditional currencies) by credit card for example.