To celebrate the brand’s 22nd anniversary, VERTU Paris has unveiled they’ve partnered with Binance to launch the new VERTU Constellation X Ulm smartphone through an exclusive sales process.
1,000 NFTs will be on sale on the Binance NFT platform. The rest of the NFTs will be available for purchase on the decentralized platform Galler.io and the official VERTU Paris website. 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 whether to convert their NTF to the Vertu Constellation X ULM™ smartphone in order to receive it no later than February 2023, or if they 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.
VERTU Constellation X ULM™
In 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, 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: 4K@30fps or 1080p@30/60fps.
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 system 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 crypto-currency prizes ranging from $20,000, $50,000 or $100,000 for every 79 NFTs sold When the 10555 NFTs will be 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 drawn 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).
Ternoa is a carbon neutral blockchain that is designed for minting NFTs. Specifically, it is a cross-chain NFT network and allows developers to build decentralised apps (dApps) and Web3 games on their network.
It is the first blockchain ecosystem that offers secure data encryption and transmission through the use of non-fungible tokens. As a result of this technology, users can gain full control over their private data, with the option of long-term storage of 20, 50, and even over 100 years.
Ternoa is powered by Polkadot, and it is one of the most promising cross-chain NFT networks in existence.
READ: AstridDAO announces partnership with Microsoft as they look to become the ‘dominant stablecoin’
Their native token, CAPS, is listed on a number of exchanges, including Bybit, HotBit, Pancake Swap, and Gate.io.
It is one of the 1,000 largest tokens in the world by market cap, with it currently trading at around $0.01455 according to CoinMarketCap (CMC) data.
Earlier this month, Ternoa launched a staking feature for their native token which allows holders to earn up to 116 percent on their CAPS.
NAGAX is bringing its popular crypto trading hub to mobile users with the launch of its first Android and iOS apps today.
With them, NAGAX platform users will now be able to keep up to date on the latest cryptocurrency price fluctuations, trade, chat with other users and learn from anywhere through their mobile device.
Crypto traders love NAGAX because it’s one of the first-ever social trading platforms for the crypto markets. Social trading refers to a popular strategy among investors, where they simply copy the trades of other users, rather than spend hours trying to analyze where the market is going and generate a profit off their own back.
NAGAX can be thought of as a trading platform crossed with Facebook, with its main feature being the NAGAX Feed, where any trader can post anything they want related to the markets, their trades and strategy, and discuss their favorite coins and stocks.
Building on this social aspect is NAGAX’s centerpiece Autocopy feature, which enables users to copy another user’s trades with a zero slippage guarantee, for a flat fee of just $1. The idea with social trading is that it allows unprofitable traders to follow the strategy of seasoned users who do make regular profits from their trades. It means users can simply pay to succeed, rather than spend hours trying to analyze charts and trends.
The mobile version of NAGAX provides access to both of these features as well as more than 70 cryptocurrency trading pairs, plus additional markets such as stocks and derivatives. Users can open the app at any time and access their NAGAX Wallet, where they can manage their crypto assets and send and receive tokens to other wallet addresses.
Users can make a trade at any time through the NAGAX Exchange tab, whether they’re on the bus riding to work, drinking coffee in a cafe during their lunch break, or laying in bed about to sleep. Other features include a search function to quickly discover assets, and analysis charts that cover seven different time frames, designed to help users hone their trading strategies.
Just like its main desktop trading platform, the NAGAX mobile apps also provides access to NAGAX Academy, which is home to a trove of educational material. Here, users can read about various cryptocurrency assets, discover new trading strategies and learn how to analyze price charts properly to spot signals. The Academy also explores other aspects of the blockchain economy such as DeFi, GameFi, the metaverse and NFTs.
NAGAX said its goal with NAGAX Mobile is to build a user-friendly app that enables anyone to trade on the go. It will continue adding new features to the mobile version until it’s on a par with its comprehensive desktop app, with capabilities such as crypto staking set to be made available in the near future.
IoTeX is an Internet of Things (IoT) crypto and blockchain project based in Silicon Valley.
The open-source project was launched in 2017 and founded by Dr Raullen Chai, who previously worked for Google and more recently Uber.
The project focuses on empowering the machine economy and leading the transition to Web3, in a way that benefits businesses and consumers alike.
In late 2021, IoTeX launched MachineFi, in a milestone achievement that caused the price of its token to surge to an all-time high and attracted thousands of new retail investors.
IoTeX’s chief rival is IOTA – another open-source IoT blockchain project which was founded a short while prior to IoTeX.
What IOTX?
IOTX is IoTeX’s native token, and it is currently ranked as the 108th largest cryptocurrency in the world by market capitalisation.
IOTX reached an all-time high of circa $0.23 in November 2021 following the launch of MachineFi.
READ: NY Attorney General warns investors are ‘losing billions’ in crypto
Its price has since dropped to $0.0349, according to CoinMarketCap data, as the crypto market as a whole has declined due to interest rate hikes (and the threat of further increases) and global political and economic uncertainty.
How can I buy IOTX?
IOTX is listed on a wide selection of centralised exchanges (CEX) and decentralised exchanges (DEX), including Binance, Huobi Global, Uniswap, and HitBTC.
It can only be purchased crypto-to-crypto, so you’ll first need to exchange some fiat for USDT, Bitcoin, Ethereum or BUSD, and then trade this crypto for IOTX.
New York Attorney General Letitia James has warned that cryptocurrency investors are suffering catastrophic losses amid heightened market volatility.
Specifically, in an investor alert published this week Thursday, AG James cautioned that crypto investors are “losing billions” and warned that even bluechip coins and tokens, such as Bitcoin (BTC) and Ethereum (ETC), can plummet.
She went on to warn that the cryptocurrency market is “extremely unpredictable,” adding that, “Just last month, the market reached record lows and investors lost hundreds of billions.
READ: UK’s FCA warns of ‘significant issues’ with stablecoins as it drafts regulation
“New Yorkers should be cautious and think twice before putting their hard-earned money into this unstable market.”
AG James’ warning comes amid New York pushing to to ban proof-of-work (PoW) crypto mining.
Should this bill get the approval of Governor Kathy Hochul, new mining operations will be banned, and existing mining operations with licenses will not be able to renew their permits under any circumstances.
This would affect BTC, as it is mined on a proof-of-work basis.
As of 4 June, Bitcoin is currently trading around $29,750 as per CoinMarketCap data, marginally up over the last seven days.
Ethereum, meanwhile, is changing hands at $1,780 and is slightly down over the last week.
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The UK’s Financial Conduct Authority (FCA) has said it will take the recent volatility and turmoil in the crypto markets into account when drafting regulation.
Sarah Pritchard, the executive director of markets at the FCA, said the UK’s financial regulator will “absolutely” evaluate the risk of stablecoins, such as USDT and USDC, de-pegging.
This comes hot on the heels of TerraUSD (UST) de-pegging from the dollar, costing holders billions of dollars.
Speaking to Bloomberg this week, Pritchard highlighted the importance of the FCA in protecting UK crypto investors and warned that “significant issues” exist in the crypto markets at present.
READ: Blockchain Fest 2022: Cyprus hosts major crypto event
“It really shows at front of mind the really significant issues that exist here, both in terms of a well-functioning market and obviously consumer protection,” she said.
“In the last week where we saw significant price movements, it brings that into the fore and it shows the importance of making sure that people understand that that is a risk of where they put their money.”
In April, Britain’s Economic and Finance Ministry announced that it would be preparing stablecoin regulations this year as part of its digital assets framework.
The move was generally well received by the cryptosphere, as it was perceived to be a sign that crypto is here to stay and the UK government was potentially ready to embrace cryptocurrencies.
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Binance CEO Changpeng “CZ” Zhao has given his take on the ongoing crisis at Terraform Labs, which has resulted in both LUNA and UST crashing.
Specifically, CZ said that a hardforking to TERRA2 as a way of providing a new iteration of LUNA to holders as per their pre-crash wallet balances “won’t work.”
Continuing, the crypto billionaire said: “Reducing supply should be done via burn, not fork at an old date, and abandon everyone who tried to rescue the coin. I don’t own any LUNA or UST either. Just commenting.”
CZ noted that a viable alternative would be for Terra to use its Bitcoin reserves to buy back UST in a bid to return the algorithmic stable coin to its pegging with the US Dollar.
READ: El Salvador doubles down on Bitcoin after BTC price slides to $30,000
He also moved to quash speculation that Binance took part in LUNA’s second round of fundraising, and insisted that the company doesn’t own any UST.
“I need to address falsehoods circulating in crypto twitter. Binance did not participate in the 2nd round of Luna’s fund raising nor did we acquire any UST,” CZ said.
“Binance Labs invested $3m USD in Terra (the layer 0 blockchain) in 2018. UST came much later after our initial investment.”
He went on to emphasise that Binance Labs has “invested in hundreds of projects over the last 4 years, including exchange competitors and many competing blockchains.
“A few of them have fallen by the wayside, but a few have been extremely successful. That’s how investments work.”