Reshaping how people interact with products and services by blending blockchain technology, AI and real-world assets
Champ Association combines physical valuables with digital assets, allowing consumers to obtain a product that can increase in value with the demand of each respective market. This Web3-powered project creates an ecosystem where ownership becomes an immersive experience, and a ticket that merges physical and digital worlds.
With the RWA blockchain market projected to reach between $3.5 trillion and $10 trillion by 2030, and the champagne market valued at $7.89 billion, Champ Association is uniquely positioned at the intersection of these dynamic sectors, offering innovative experiences that blend tradition with cutting-edge technology.
Champ Association is leading the way as the first project on the Elysium network to integrate physical goods with digital assets, known as Real-World Assets (RWA).This means that every phygital product in the Champ Association ecosystem is linked to something tangible, giving it real-world value alongside the digital experiences you unlock.
For example, when you purchase a physical bottle of Crypto Champagne, you’re not just buying a luxury item—you’re also receiving digital assets, such as cryptocurrency and NFTs that provide access to different opportunities.
By merging physical products with digital assets, Champ Association is bridging the gap between the real and digital worlds, providing a richer, more immersive ownership experience.
VIGNE utility token details
As people buy bottles of Crypto Champagne, they receive VIGNE tokens from a special supply set aside for these product sales. After all the limited products in a batch are sold out, the number of VIGNE tokens distributed in the next round is cut in half. This helps increase the token’s value over time as demand for the products grows.
- Token Name: Champ Association
- Symbol: $VIGNE
- Chain Network: Elysium (ELS-20)
- Max Supply: 33,333,333,333.00 (33.3 billion)
- Available Circulation at Start: 1,115,506,644.13 (1.1 billion)
- ICO Token Price: €0.0054545 per VIGNE
Token holders can expect a wide range of utilities for VIGNE, which includes access to phygital products or using the token across a set of games. Those who dip their toes into more Web3 features, can earn rewards through a node system, staking and yield farming. Of course, token holders also have a say in the future of Champ Association through governance decisions.
Champ Association will create its own DEX, which serves their ecosystem and the tokenomics of the project. Champion Swap will feature a Reflection Protocol, which utilizes 3.3% of each transaction to reward ecosystem participants. In addition, the team has introduced a halving effect on the token rewards for each limited edition batch of champagne bottles. While a burning mechanism will ultimately reduce the total supply of VIGNE.
RWA Revenue Sharing Model
Champ Association has a revenue-sharing model that benefits everyone involved when a product is sold. Whether it’s a regular or phygital product, the revenue generated is used in various ways, for example by purchasing digital assets linked to the product and distributing rewards to all eligible participants. This means that qualified parties sharing revenue will obtain rewards from each cryptocurrency ecosystem in the Champ Association’s partnership matrix.
Success gets distributed throughout the distribution and production pipeline, and includes for example:
- Multi-faucet utility nodes
- Vineyard vocations land owners
- Farming and stakings pools
Let’s dive a little deeper into the three groups mentioned above.
VIGNE multi-faucet nodes explained
Multi-faucet utility nodes are a key part of Champ Association’s ecosystem, designed to allow node holders to earn rewards in multiple digital assets. To participate, each node holder needs to “soft-lock” a certain amount of VIGNE and VIGNE-PYR LP tokens. The node system is structured into five tiers, and the value of tokens that must be locked depends on the tier.
For example, Tier 1 requires a total of €200 in tokens, meaning that €100 will be locked as VIGNE and €100 will be locked as VIGNE-PYR LP tokens. This setup ensures that 25% of the node’s liquidity is always locked in PYR tokens. As the market grows, this could lead to significant amounts of PYR being locked in the system, supporting the overall value.
These nodes are called “multi-faucet” because holding one node allows you to earn rewards from multiple digital assets. For instance, when a rare Binance Cuvée bottle is sold, €18 is used to buy BNB (BEP-20) tokens, which are then added to the reward pool for node holders. This model applies to all rare Crypto Champagne bottles. Every quarter, the rewards are distributed to node holders based on the tier they own.
Champagne games built on Elysium
The merge of physical and digital worlds comes very well to expression with games. Users who purchase a physical bottle of champagne, will receive an NFT character. They can then use this NFT character to play Vineyard Vocations, a Tycoon Metaverse game built on the Elysium blockchain. In the game players need to perform various tasks, including creating ingredients to make a champagne. Gamers can then pay a fee to enter a tournament for a chance to have their champagne mass-produced. In addition, they can cover the full production cost to turn their digital creations into real products, which then get sold through the Champ Association’s reseller network. You can read the whitepaper here.
Landowners in Vineyard Vocations can participate in a 10-year staking program, where 1% of the VIGNE supply gets distributed per year. In addition, landowners will earn cryptocurrency from each project in Champ Association’s partnership matrix, thanks to the revenue-sharing protocols.
While playing, AI-powered non–player characters will assist players. These NPCs monitor player progress and offer suggestions to help users achieve their goals. It should be no surprise that the metaverse also serves as a way to showcase products from Champ Association and its partners. Also here AI characters can educate users about the latest features, or assist them in making a purchase.
Vineyard Vocations serves as a foundation for a Tycoon Metaverse that the Champ Association will use to develop additional games for various industries. This will allow their business to expand into markets like clothing, luggage, and jewellery, enabling product manufacturing in these areas.
Marketplace and what’s coming to VIGNE
Champ Association wants to provide phygital products and services. Once the first batch of Crypto Champagne bottles is sold out, Champ Association will make their audited smart contract suite available to businesses and users. This will allow them to create and sell their own phygital products on the Elysium Network, potentially linking them with digital assets from blockchain projects that are part of Champ Association’s partnership network. This makes it easier for other businesses to enter the phygital market, just like an “eBay on Elysium.”
The limited sale of Crypto Champagne bottles is set to open in late 2024, once all audits confirm that the protocols are working as planned. This sale will also mark the public launch of the VIGNE token. Those who collected NFTs during the NFT Presale will have the first opportunity to purchase however many bottles their account is eligible to buy. After the bottles are sold out, 1% of the VIGNE supply will be added to Champion Swap with the necessary USDT to ensure the Initial DEX Offering (IDO) price is set at €0.0054545 per token—the same rate that VIGNE tokens were received from Crypto Champagne rebates. Following this, Champ Association will participate in Launchpads (token sale rounds) on different platforms to help boost the VIGNE token’s value in a healthy way and attract new investors to the community.
Closing words
Whether you’re looking to join the VIGNE token offering, and participate in NFT pre-sales, Champ Association tickles the interest of every champagne connoisseur. Many speculate that RWAs will become a multi-billion dollar business, and it’s great to see innovative projects such as Champ Association paving the way into this new frontier.
Visit Champ Association’s Linktree to find detailed information and resources on how to participate in both the private sale and the NFT presale. Don’t miss your chance to be part of a project that is changing the way we think about ownership and interaction.
Disclaimer — This is a sponsored article. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.
