Meet the world’s first AI-powered Wine Robo advisor – Vinovest unveils new mobile app

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Vinovest provides users with access to investment grade, globally diversified wines that perform more consistently and more reliably than gold or cryptocurrency.

Anthony zhang

LOS ANGELES, CA – November 11, 2021 – Vinovest, a digital platform democratizing access to the previously exclusive world of fine wine investing, today announces the release of its new iOS and Android apps, delivering the first mobile platform for investors to create, track and analyze their own fully insured wine portfolios. As the world demands more choice and access to alternative investments (alts), Vinovest provides access to an asset class traditionally available to less than 1% of all investors. The overall value of alts, $ 4.1 trillion in 2010, is is expected to increase by more than 300%to $ 17.2 trillion by 2025.

With a global network of connections to wineries, exchanges and merchants, Vinovest enables investors of all tastes at risk and all skill levels to invest, acquire and store wine securely. Helped by the help of its dedicated portfolio advisers and a proprietary algorithm based on artificial intelligence, Vinovest seeks personalized buying opportunities for each investor. With its new app, Vinovest users will be able to make deposits, manage their investments, view returns and access detailed information about each wine in their portfolio, from any mobile device.

“Jay-Z, Dwyane Wade, Madonna and countless other artists and athletes have been investing in wine and champagne for years,” said Anthony Zhang, CEO and co-founder of Vinovest. “Our new mobile app brings the emerging fine wine asset class even closer to all consumers. It’s a simple fact that investing in wine isn’t an option for many, given that the average wine cellar is valued at $ 33,750. Inflation continues to rise, making it even more important that today’s investors have access to low-risk investing and diversification that has little correlation with traditional investments.

Vinovest handles storage, authentication, shipping and insurance considerations for a fraction of what they would typically cost. World-class sommeliers and portfolio advisors are on call to guide investors through the different styles of wines, estates, regions and vintages available to them. Vinovest users own all of each wine in their portfolio and are entitled to buy, sell or. . . drink them, at their discretion.

A world market of 686 billion dollars, the world of fine wines continues to grow. Research from investment advisory firm Knight Frank shows the good wine appreciated 127% over the past decade, outperforming luxury handbags, colored diamonds, prime works of art and rare furniture, while investors in fine wines recorded annualized returns of 13.6 % in the last 15 years.

Investors interested in opening an account with Vinovest can start at the “Starter” level with just $ 1,000, while its most advanced offering, the “Grand Cru”, starts at $ 250,000. Recently, Vinovest rolled out its “Plus” level which requires a minimum of $ 10,000 with additional benefits that complement its “Premium” plan of $ 50,000.

For more information, please visit vinovest.co or download its mobile offer on the IOS App Store and the Google Play app store.

About Vinovest

Vinovest is a digital platform democratizing access to the world of investment in fine wines. Vinovest’s user-friendly offering combines unparalleled wine expertise with sophisticated investment models to organize wine portfolios based on investors’ risk tolerance and investment time horizons. Investors using Vinovest build their wine portfolios with the help of the company’s dedicated portfolio advisors and its proprietary artificial intelligence-based algorithm that seeks personalized buying opportunities for each investor. The Vinovest platform includes a solution dedicated to institutional investors and asset managers that gives access to the fine wine market. Relying on an extensive network of leading wineries and trusted fine wine merchants, Vinovest simplifies investment in fine wines by finding, authenticating, storing and insuring every bottle of wine, which investors are free to taste or to sell when they want. For more information or to open an account, visit vinovest.co and be sure to follow Twitter, LinkedIn and Facebook.

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