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VERTU Paris announces new smartphone available only through the purchase of an NFT

Paris, France, 20th June, 2022, Chainwire

To celebrate the brand’s 22nd anniversary, VERTU Paris is unveiling the new VERTU Constellation X Ulm™ smartphone through an exclusive sales process. For this occasion, VERTU will set up a unique launch operation on Monday, June 20th. Only 10,555 smartphones will be available for sale via the purchase of an NFT, on the official Vertu Paris website.

After purchasing an NFT, the 10,555 owners will have until September 23, 2022 to choose between two options. First, they could convert their NFT to the Vertu Constellation X ULM™ smartphone and receive it no later than February 2023. Second, they could decide to keep it as an NFT and thus become part of the new VERTU 3.0 business club bringing together the brand’s historical customers and the new web 3.0 community.

For this special launch, BINANCE is collaborating with VERTU Paris. 1,000 NFTs will be on sale on the Binance NFT marketplace. The rest of the NFTs will be available for purchase on the decentralized platform Galler.io and the official VERTU Paris website.

VERTU Constellation X ULM™

With the desire to bring the extraordinary within reach, the new VERTU Constellation X ULM™ is a blend of cutting-edge technological innovation and high fashion craftsmanship.

With an Octa-core processor (2×2.80 GHz Cortex-X1 & 2×2.25 GHz Cortex-A76 & 4×1.80 GHz Cortex-A55), coupled with 12GB of RAM, the Vertu Constellation X ULM™ offers ultimate performance to meet the user needs.

The VERTU Constellation X ULM™ is a true everyday companion with its main camera. It features a 50 MP (f/1.9) main lens, a 12 MP (f/2.2) ultra-wide lens and a 48 MP (f/3.5) telephoto lens to capture the best experiences of your life. Not only shots, but also high-definition videos: [email protected] or [email protected]/60fps.

Combining powerful technology that offers global connectivity with dual SIM, 5G compatibility, a stunning 6.71-inch 120Hz display and a fingerprint sensor for biometric security, the Constellation X Ulm is the perfect companion for those looking to get the latest luxury smartphone on the market or international travelers who are often on the go.

A new smartphone that offers all the luxury services of VERTU Paris

To create its centerpiece, VERTU Paris has partnered exclusively with COMMUNITAKE, an innovator and leader in the world of confidentiality and communication security. COMMUNITAKE’s advanced technology will encrypt all voice and messaging exchanges to prevent interception of voice and data, as well as location. All VERTU Paris security services can be found on the COMMUNITAKE website.

Each VXCP NFT holder will also have access to exclusive, private events that bring together the most influential and successful people on VERTU’s 300,000+ private buyer list and new VERTU3.0 Club members, as well as Hall of Famers (like Elon Musk, Stephen Joseph Squeri and other successful entrepreneurs).

A large-scale marketing operation for VERTU’s 22nd anniversary. The VERTU Constellation X Ulm™ 22nd Anniversary will be produced in limited quantities of only 10,555 units total, and available exclusively through the purchase of the VERTU Non-Fungible Token (VCXP). Starting this Monday, June 20, 2022, 10,555 NFTs go on sale for $5,175 (Constellation X Ulm™ selling price: $14,890).

In this way, VERTU combines luxury with the new world of crypto and the privacy of the Blockchain.

To celebrate its 22nd Anniversary, VERTU is also offering the VERTU community a series of extraordinary prizes offered to all owners of this first NFT collection. In total, no less than $4.68 million will be redistributed to the community in two forms:

VERTU will award cryptocurrency prizes ranging from $20,000, $50,000 or $100,000 for every 79 NFTs sold.

When the 10555 NFTs have been sold, a contest will be held to award 4 grand prizes totaling $1 million (4 Bentley Bentaygas in VERTU colors and VERTU interior edition). Winners will be chosen at an event during Fashion Week 2022 live streamed worldwide from Paris for 3 smartphone/NFT owners, and 1 winner will be drawn from the live stream viewers of the event.

At the same time, VERTU Paris will make a donation of $500,000 to Médecins Sans Frontières, an international, independent medical humanitarian organisation. 

About VERTU Paris:

VERTU Paris aims to provide its customers with the world’s best luxury cell phone experience, combining unmatched craftsmanship and materials with innovative technology and unique services. Today, VERTU Paris leads a market it pioneered over a decade ago.

Vertu is renowned for its personalized services: a carefully selected set of exclusive offerings, content and support to enhance the lifestyle of the VERTU Paris customer. At the heart of these services is VERTU CONCIERGE, which provides luxury lifestyle assistance and enrichment for the most discerning clients and exclusive to VERTU Paris users.

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Der Beitrag VERTU Paris announces new smartphone available only through the purchase of an NFT erschien zuerst auf Crypto News Flash.

Institutional Interest in Shorting Bitcoin Rises to Record Levels in US (Report)

Exposure to shorting Bitcoin’s price saw record inflows of $51 million last week as the asset crumbled below $20,000, a new report showed. Shorting Dominates in the US According to the latest CoinShares’ weekly ‘Digital Asset Fund Flows’ report, a total of $64 million in inflows in the digital asset investment products was observed between::Listen

Exposure to shorting Bitcoin’s price saw record inflows of $51 million last week as the asset crumbled below $20,000, a new report showed.

Shorting Dominates in the US

According to the latest CoinShares’ weekly ‘Digital Asset Fund Flows’ report, a total of $64 million in inflows in the digital asset investment products was observed between June 27 and July 1, and a major chunk of 80% went into shorting Bitcoin investment products.

The interest in shorting comes as Bitcoin posted the worst quarterly performance in a decade. A gloomy macro forecast, looming recession fears, and high-profile crypto firms struggling with the impact of the sell-off have all contributed to the bearish sentiment.

As a result, the US accounted for $46.2 million of inflows. The recently launched ProShares Short Bitcoin Strategy ETF, a fund that tracks bets against the price of Bitcoin alone, loaded up more than $43 million worth of inflows over the past week.

CoinShares noted that the accessibility of ProShares’ BITI offering shorting exposure via futures contracts for investors mulling a bet against Bitcoin had driven the current figures.

“This highlights investors are adding to long positions at current prices, with the inflows into short-Bitcoin possibly due to first-time accessibility in the US rather than renewed negative sentiment.”

Other than the US, inflows in long positions on Bitcoin were seen in Brazil, Canada, Germany, and Switzerland, which totaled $20 million.

The increase in short Bitcoin funds comes a week after CoinShares’ reported the largest ever digital asset products outflows that reached an astonishing record-high of $423 million. Bitcoin products saw net outflows worth $453 million during this time.

Diversification Has Begun

Investors are also beginning to diversify as inflows of several altcoins such as Solana, Polkadot, and Cardano’s totaled $1 million, $0.7 million, and $0.6 million, respectively. Ethereum also managed to finally break the 11 weeks of outflows by snapping up $5 million in inflows in the past week.

Furthermore, multi-asset investment products managed to float relatively smoothly despite the crypto carnage in the weeks prior. The report suggested that this cohort of products was least affected by the negative sentiments of the crypto winter and saw inflows worth $4.4 million while recording minor outflows only two weeks of this year.

VERTU Paris announces new smartphone available only through the purchase of an NFT

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