Welcome To Savea
Welcome to Savea - democratizing fine wine investments through technological innovation.
We are redefining how high-value real-world assets are owned, accessed, and traded. Using cutting-edge blockchain technology, Savea makes investing in fine wine as easy and transparent as investing in ETFs.
Our mission is to build the future infrastructure for tangible asset investments, unlocking liquidity and eliminating barriers that traditionally limited participation in this thriving asset class.
The Problem
Having experienced the issues in the wine investment industry first hand, we have identified the following problems with the current model:
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Physical asset ownership is expensive – with cases of wine from top producers typically trading anywhere between $1,000 and $20,000. A sufficiently diversified portfolio of wines requires a significant investment, creating high barriers to entry for new investors looking for exposure to the broader asset class.
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Timing and liquidity – Once comfortable investing a significant sum on a diversified portfolio it could take anywhere from 6 weeks to 6 months to procure in full, and double the time to sell.
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Maintenance and admin fees are too high – although some merchants do not charge management fees for client portfolios, there are a range of fees to cover by owning a portfolio. Storage charges start from around $15 per 9L case per annum and broking fees can be up to 10% when selling.
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Top access is restricted for the few – unless you are a top customer, you may not get offered the best wines available (and you may not even know about it!).