How does it work?
ImperialX allows qualified investors to purchase wine from leading distilleries around the world.
1.
Open An Account
During this step ImperialX ensures that investors meet the required qualifications to purchase wine investments. In the United States, investors must meet accredited investor requirements as set forth by the SEC. Once an account has been established, ImperialX can begin sharing details about specific fine wine offerings.
2.
Wine Selection
At this point investors review available wine investment opportunities to identify offerings that match their financial objectives. Investors are presented with the story, brand value, historical values, secondary market performance and future projected growth in order to analyze the investment from every perspective.
3.
Acquisition
After selecting an appropriate investment the investors remits a deposit in order to secure the chosen portfolio. After full payment is received, ownership is transferred to the investor, the investor is sent an ownership certificate and warehouse records are updated to reflect the investor as the exclusive party authorized to control future transactions related to the purchased bottles.
4.
Storage & Insurance
All storage and insurance is included for up to 10 years, allowing investors to avoid any additional outlays during the term of their investment. While the recommended holding period is 5 to 8 years for most wine investments, if an investors chooses to hold wine for a period longer than 10 years then a small annual storage fee will apply after the complementary period expires. Wine portfolios are insured against all damage and loss based on market value of the bottles at the time of loss, protecting investors initial capital outlay and capital appreciation.
5.
Monetization
The direct ownership of the wine by the investor allows for the sale of bottles at any time, after the required one year holding period.ImperialX constantly monitors the value of investor holdings so that investors can make portfolio changes based on market conditions. For portfolios sold through the ImperialX platform, investors can choose to receive a payout within 72 hours of sale or proceeds can be re-invested into new offerings.