Swiss Company to Release $100K Crypto Wallet Watch

The cost can reach $150K depending on the material used
14 January 2019   440

The Swiss manufacturer of luxury watches A. Favre & Fils, whose history dates back to the first half of the 18th century, is developing a new model of mechanical watches with a built-in crypto wallet. This is reported by Coindesk.

Last week, the company announced that the watch will be equipped with a cryptocurrency “cold wallet” and an “advanced security mechanism” based on blockchain technology.

We have developed this first timepiece with the idea of offering something useful for the crypto-community, not simply something to spend their money on. You have to keep adding relevant features that advance the design. It’s a bit like figuring out the future of steam engines in the age of electric trains. 
 

Laurent Favre

CEO, A. Favre & Fils

The cost of watch will range from $ 100,000 to $ 150,000, depending on the material used. The company "guarantees total data and privacy protection" and intends to present the first prototype of the new model in the second quarter of 2019.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.