Blockchain
MAISON HENNESSY LAUNCHES FIRST NFTs WITH BLOCKBAR, THE WORLD’S FIRST FINE WINE & SPIRITS DTC NFT MARKETPLACE
Maison Hennessy is proud to announce its first-ever NFTs in partnership with BlockBar.com, featuring Hennessy·8, a blend crafted to honor a time of transition.
In 2017, the Maison’s 7th-generation Master Blender, Yann Fillioux, passed the torch to his nephew, Renaud Fillioux de Gironde, unveiling for the occasion a remarkable, highly symbolic blend. Crafted using one eau-de-vie from each generation of Hennessy Master Blender, Hennessy·8 now enters a new dimension as NFTs, with its first and last carafes presented as a dual drop on BlockBar.com.
Five years in the making, Hennessy·8 honors the arrival of a new generation and the Maison’s heritage of passing down its cognac-making savoir-faire. Exquisite, elegant, and subtle, it is a cognac that embodies 250 years of excellence, perpetual reinvention and shared expertise.
Numbered 1/250 and 250/250 respectively, these two NFTs present an exclusive opportunity to own remarkable moments in cognac-making history. Maison Hennessy will also open its doors at the Hennessy estate in Cognac, France to the buyer of the NFTs, as a friend of the House.
These unique NFTs are being offered exclusively through BlockBar.com and represent the pinnacle of the art of cognac-making, whether for personal enjoyment, investment, or a future legacy. Upon purchase, the cryptographic version will be held securely by BlockBar, with a record of authenticity held on the blockchain as a digital certificate of ownership. The buyer may choose either to redeem the physical product and have it delivered from BlockBar’s secure storage facility, or to safely trade its NFT version within the BlockBar.com marketplace.
“Hennessy is renowned for innovation and passing down know-how from one generation to the next, so we’re honored the Maison has chosen to partner with BlockBar to mark this innovative milestone with its first NFT,” comments Dov Falic, CEO and co-founder of BlockBar.
The Hennessy·8 NFTs come accompanied by both physical and digital attributes. A commemorative sculpture accompanies each purchase, along with a jewel-like copper key to open the physical chest, which cradles the carafe like a protective shell. The chest, designed by Arik Levy using oak staves sourced from La Sarrazine, the Hennessy cooperage, is made of 25 layers, each one symbolizing 10 years of Hennessy’s history. An elegant companion toolbox contains 4 tasting glasses originally designed by glassmaker Georg Riedel and Yann Fillioux 30 years ago; these have been re-edited exclusively for Hennessy·8. A pipette made of oak barrel wood and a cork holder are also included. A keepsake brochure describing the genesis and spirit of Hennessy·8, a personalized authentication plate and a numbered certificate signed by Yann Fillioux complete the presentation of the Hennessy·8 legacy cognac.
The two Hennessy·8 NFTs available to one buyer only, priced at 70.47 ETH (approx. $226,450.00), will drop on Wednesday 12th January 2022 via blockbar.com. At 9:30 AM EST, a lobby will open for users; to gain access a user must have 1 ETH in their wallet and have it connected to the site. At 10:00 AM EST, all users in the lobby will be shuffled into random order. BlockBar will then proceed through the queue. Each person at the top of the queue has 10 minutes to submit a deposit of 1 ETH and then a further 48 hours to submit the remaining balance. Full Terms & Conditions may be found on BlockBar.com. The NFT may be purchased from BlockBar with Ethereum (ETH) or by credit card.
Please join Hennessy and BlockBar on Instagram Live (@thecarsonchan) on Tuesday 11th January at 9:00pm HKT, and Twitter Spaces (@BlockBarNFT) on Wednesday 12th January at 9.30AM EST to find out more about this exclusive drop.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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