Bentley joins the Web 3.0 bandwagon with 208 Polygon-based NFTs

‘Sustainable’ is probably my least favourite word in English. I hate it because it’s meaningless. It has been used and abused for so long, in so many different contexts, that it really doesn’t mean anything anymore.


Let’s talk about cars, for example. I have nothing against electric cars, I’ve driven many different models and liked most of them, but there’s nothing ‘sustainable’ about mining the cobalt and lithium that we need to manufacture the batteries that power them.


Electricity has to be sourced. There’s nothing sustainable about that. As Carlos Tavares, CEO of Stellantis, once pointed out: “[building eco-friendly cars] goes well beyond what comes out of the tailpipe.”


Still, whether we like it or not, legacy car brands continue to use the word ‘sustainable’, usually for marketing purposes, and that’s what Bentley has just done for their new NFT.


According to the press release, Bentley “opts for carbon-neutral Polygon Network due to sustainability focus”.


Whenever I happen upon these press releases, which I do every five seconds, I always get the feeling they were written by people who aren’t 100% sure what an NFT is. Maybe it’s just because I tend to run in the opposite direction whenever I read words like ‘ecosystem’.


Be that as it may, Polygon is unsurprisingly thrilled with this new opportunity. Ryan Wyatt, CEO at Polygon Studios, said: “Polygon is excited to expand our partnerships in the automobile industry. By embracing this novel tech, Bentley secures its position in the next iteration of the internet, [] doing so via Polygon’s carbon-neutral network.”


Limited to 208 units, the NFT will be unveiled in September 2022.



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I got the cake

Here’s a string of bad ideas that I had.


First, I got into NFTs. Then I started minting my own NFTs. Then I told my ex I’m into NFTs. Then I agreed to help her with NFTs. Soldier’s rule: never volunteer for anything. Which I did. Dammit.


Anyway, she owns a pastry shop – or Pâtisserie if you’re reading this in France – and she thinks it might be a good idea to sell / gift NFTs of her cake(s) and pastries along with the actual, well, cakes and pastries.


And I agree. It’s a brilliant idea.


Still very much a work in progress, but I’ve created a page on crypto.com/NFT and minted the first NFT, a black cherry and chocolate cake.


So what does this have to do with you? Well, I’d like your input. What do you think? Let me know in the comments.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

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Hennessy Cognac launches its first NFT, but you can also have the actual bottle

Hennessy Cognac, one of many brands owned by the French luxury giant LVMH, is launching a duo of unique Hennessy 8 bottles, numbered 1/250 and 250/250 and in order to properly mark the occasion, it is also releasing an NFT to go with them.



Both NFTs will be available on BlockBar on January 12, priced at 70.47 Ethereum – which is around $226k at the moment but I’m sure that’ll have changed about a million different ways between now and January 12.


The physical Hennessy 8 bottles will be sold with a custom made chest designed by artist Arik Levy, made from 25 layers of oak staves and accompanied by a copper key. The ‘package’ also includes a a box with four tasting glasses, a sculpture, a cork and a pipette, along with a personalised authentication plate.


Would you rather have the bottle of the NFT? I bet the soon-to-be buyers won’t have to make that choice.



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You can buy a physical Rolex, or a digital ‘Rodex’ and it may end up costing more

Jesus Calderon is a 29-year-old watch geek and crypto evangelist that’s making a lot of cash by creating and selling watch NFTs. His collection is called Generative Watches and it currently consists of two main lines, the Rødex Daitona and Rødex Bitmariner, obviously inspired by the Rolex Daytona and Submariner.


Hodinkee, arguably the most influential watch magazine in the world, recently interviewed Calderon and they he gets paid in “an abstracted form of currency”. They mean Ethereum, which is the currency you use on OpenSea.


It sounds crazy, and it is, but this is just the start. Not that long ago, a digital artist made a lot of noise when she released a collection of NFTs representing Hermès Birkin bags without Hermès’ permission. I’m assuming there’s going to be a lawsuit at some point and it may set an interesting precedent.


As for Calderon, he’s safe because he hasn’t used any trademarked names, so he’s basically just creating homage watches in digital form. In the interview, Calderon describes an NFT as a “digital signature”, and he says he spent months generating the algorithm on which all watches are built. Hence the name “Generative”.


A composite of Daitona NFTs

So far he’s sold 68 NFTs for around 0.2 ETH, the price of ETH varies significantly on a daily basis but Calderon says he made around $700 per watch on average.


Many images of watch NFTs

The truth is that an NFT is basically just a piece of code that can’t be altered or corrupted. For the most part, so far, we’ve seen NFTs that represent digital art but that’s just because you add a jpeg image to the piece of code. You can add anything including, and I think this is going to be important factor in the future, documents.


Kevin O’Leary (Shark Tank), an investor an avid watch collector, says he wants to use NFTs as digital documents to authenticate some of his rarest watches. The idea is that sometimes you buy a watch and you have to have it authenticated, which is costly and tiresome, whereas it would be instant and 100% secure and accurate if the authentication were made through an NFT.


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

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Somebody made Hermès NFTs without Hermès’ permission and Hermès isn’t too happy

Here’s what happened: somebody created NFTs that represent Hermès Birkin bags without Hermès explicit permission, CoinMarketCap has covered this much better than I can so I’m not gonna get too much into the details, (apart from the fact that Mason Rothschild has made around 246 ETH from the sale of these NFTs), but I do wanna talk about what I think this bit of news entails.


According to the creator, this is designed as a ‘tribute’ to the famous handbag, but when it comes intellectual property rights, there’s no such thing as a ‘tribute’, and Hermès quickly (and predictably) said “these NFTs infringe upon the intellectual property and trademark rights of the company.”


This is obviously a lawsuit waiting to happen, that’s a no brainer, but it’s going to be interesting to see what is actually gonna happen, and how, and when. There are several things at play. First of all, trademark rights and intellectual property are all about technicalities. Sometimes all you gotta do is change a tiny detail and that alone could be potentially be enough to save you in the eye of the law.


Which brings us on the second thing worth mentioning: what does the law know about NFTs? The answer is not much. If John or Jane Doe were to create Hermès bags copycat, any judge would take about five minutes to make a decision and John or Jane Doe would lose the lawsuit, and would have to pay Hermès. But this is a digital product about which the law knows very little about. I’m assuming any presiding judge is going to start by saying “yeah what the heck is an NFT anyway?”


By definition, NFTs are immutable but I think that Hermès would (will?) still win the lawsuit, and Rotschild will perhaps have to pay Hermès for each NFT they sell. Or maybe they’ll end up working together. But either way, it sets a a precedent, and I think it’s interesting to find how.



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Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

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Social media era over? Enter the Metaverse

Marc Zuckerberg has been under fire coming for every direction for years, due to a variety of issues with FB’s policies. I think, and I might be wrong, that he used that pressure as the perfect excuse to do something he’d been planning for a while: rebranding Facebook.




If you’ve used Instagram, Whatsapp or Facebook, including Messenger, since the announcement, you may have noticed that there’s a new message at the bottom of the page ‘by META’.


Meanwhile, elsewhere in California, Jack Dorsey has stepped down as CEO of Twitter, and rebranded his other company – Square – into ‘Block’. And, you’ve guessed it, Block, a payment systems company, will focus on cryptocurrencies.



Social media still has a lot of potential and room for growth, but there are flaws that can no longer be ignored, or maybe even fixed. Random example? Comments. Major social platforms have been spending a lot of time figuring out to filter comments to automatically delete hateful comments, but they still can’t fix the spamming problem. The vast majority of comments on Facebook are either bots or useless copy-pasted messages. YouTube and Instagram are a bit better but the problem still persists.


Somebody recently said – I don’t remember where I read it – “in the metaverse, NFTs are stuff, and cryptocurrencies are payment methods.”


I still don’t know what I think about NFTs and the metaverse, but I do know what I think about crypto. So I guess the bottomline is, the metaverse is coming, will it also kill social networks in the process?



Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.


Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

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