HOW IT WORKS
Clark loves to collaborate and learn about the differing perspectives of his working partners and customers. Making wine at WineSmith is a team sport.
Now you are offered a unique opportunity to take a seat at the table as we together choose our winemaking projects for the 2019 harvest, develop winemaking protocols, contract with growers, monitor the vineyards, crush, ferment, steward and monitor evolution in the cellar, blend, stabilize and bottle. You are welcome to participate in any of these activities in person, but we will also keep you informed with reports and videos on our exclusive website. Periodically, we will conference everyone in for evaluations and blending trials. If you cannot attend in person, you will receive a set of samples so you can taste along with us from any remote location.
Here’s the best part: it won’t cost you a penny. Not only will you be getting exactly the wines you want, but you’ll be saving money, because your initial investment buys you finished wines at incredible prices based on a cost-plus model you approve in advance. You will redeem your total investment in top quality wines tailored to your palate at the lowest possible prices.
You will be initially assigned your proportional share of all 2019 Harvest Projects the Partners elect. If you want to adjust this mix, you are free to trade with other partners and with WineSmith based on their Crushcoin values. Crushcoins can also be redeemed for any WineSmith wines at a 40% discount. You can start redeeming Crushcoins immediately!
Structure of the Deal
Partner memberships are available in increments of $5,000. Each Partner obtains:
VOTING RIGHTS
CRUSH COINS
WINEMAKING
TASTINGS
INCLUDED
INCLUDED
INCLUDED
INCLUDED
One seat with voting rights at the table to choose 2020 projects: input into varieties to be made, selection of vineyards, and determination of wine styles.
5,000 Crushcoins, initially evenly distributed among the projects the partners mutually determine, and tradable among Partners and with WineSmith.
Participation in the winemaking process. You are welcome to attend harvest, crush, vinification, élevage events and bottling.If you cannot be present, you can view photos, videos and reports as an invitee to our private interactive Harvest Partners website.
You are invited to participate in periodic tastings at every stage. You will be encouraged to provide input into winemaking decisions and ask questions. If you cannot attend, samples will be shipped to you so you can participate via teleconference.
VOTING RIGHTS
INCLUDED
One seat with voting rights at the table to choose 2020 projects: input into varieties to be made, selection of vineyards, and determination of wine styles.
CRUSH COINS
INCLUDED
5,000 Crushcoins, initially evenly distributed among the projects the partners mutually determine, and tradable among Partners and with WineSmith.
WINEMAKING
INCLUDED
Participation in the winemaking process. You are welcome to attend harvest, crush, vinification, élevage events and bottling.If you cannot be present, you can view photos, videos and reports as an invitee to our private interactive Harvest Partners website.
TASTINGS
INCLUDED
You are invited to participate in periodic tastings at every stage. You will be encouraged to provide input into winemaking decisions and ask questions. If you cannot attend, samples will be shipped to you so you can participate via teleconference.
For 2020, we have 8 Partners signed up and there are 4 seats available. The more seats we fill, the greater the variety of wines we can make.
The Crushcoin Marketplace
1) Your 5,000 Crushcoins, are distributed proportionally among the projects chosen for the 2020 harvest according to their valuations.
2) Projects are valued according to a pre-agreed formula based on grape price, holding and processing costs, packaging costs and fixed overhead. (See attached table for examples)
3) Your Crushcoins can be traded among Partners. You can propose on the Facebook page to acquire a greater share of your favorite projects and offer in exchange your holdings in less preferred projects.
5) Crushcoins can also be cashed in for WineSmith wines at a 40% discount below retail price.
6) If you find yourself with extra Crushcoins, you may trade your position in any of the wines we make for a share of WineSmith’s sales of that wine. For example, if you acquire 10% of the cost of goods of a particular wine, we will pay you on a monthly basis 10% of the expense of making that wine until it is sold out.
7) If $5,000 is a bit too rich for your blood but you’d like to split a voting share, you can use the Harvest Partners Forum on WineSmithWines.com to hook up with like-minded souls to share a seat.