The new Crypto Vreneli bears an NFC chip. On reading out using an app on a mobile phone, the user will be referred to a digital financial asset in a blockchain that cannot be altered and is not interchangeable. The new gold coin represents the fusion of two investment classes: the physical and the digital.
The Crypto Vreneli is the world's first Phygital Asset Coin, abbreviated PAC. Two formerly separate investment values – the physical and the digital – have been combined into a completely new investment class. The unique nature of each Crypto Vreneli is shown in a pixel art graphic showing the classic Vreneli motif in multiple variations.. The principle of a so-called Non-Fungible Token (NFT) that is well-known in the crypto world is used here.
The unique nature of each individual Crypto Vreneli is shown in a pixel art graphic showing the classic Vreneli motif in multiple variations. A play on identities. Owners of the new Crypto Vreneli will benefit from added value through a so-called "Unlockable Content".The Crypto Vreneli uses the principle of a so-called Non-Fungible Token (NFT) that is well-known in the crypto world. But, as physical value is being combined with digital value, it is "phygital" and represents a pioneering innovation in the investment classes known to date.
A collaborative innovation Made in Switzerland: Christian Brenner, CEO of philoro Switzerland AG and Sarah Schlagenhauf, ArtDeal AG / Vivents CEO and Founder, have created the Crypto Vreneli in close cooperation and placed it on the market in Switzerland, Germany and Austria.
Word's first "Phygital Asset Coin"
"The Crypto Vreneli is the world's first Phygital Asset Coin, abbreviated PAC. So, the first hybrid value coin and a pioneering project for gold investors and collectors who would like to get one step ahead of conventional NFTs. The next evolutionary step: The fusion of two investment classes!" Christian Brenner, publisher of the Crypto Vreneli and CEO of gold trader philoro. Vivents by ArtDeal AG will be responsible for the creation, the design, as well as the technical implementation and the Web 3.0 placement.
Phygital is a conceptual fusion of the English adjectives physical and digital. "Phygital must not only be seen as one of the most significant buzzwords of the digital transformation, but also describes an attitude to life by means of which metaverse target groups would currently like to be addressed in innovative, complex consumer galaxies," Vivents by ArtDeal AG founder and CEO Sarah Schlagenhauf believes.
The first limited edition of the Crypto Vreneli will launch with 100 coins available from 31 March 2023 in philoro's online shops with delivery in Switzerland, Austria and Germany, as well as in philoro's bricks and mortar outlets in Switzerland. Each coin is made of 31.1 grams of pure gold (one ounce). Entry value is 7,999 Swiss francs.
Digital Vreneli plays with identities
The NFT of the Crypto Vreneli is coupled with the gold coin in an Ethereum wallet (digital wallet). By scanning the NFC chip using the phone app, the owner unlocks their individual Crypto Vreneli in the blockchain. The digital Vreneli visualised in this way is unique for each coin. The artwork derived from the style of the famous CryptoPunks characters. The shifts in the classical Vreneli motif reveal a societal phenomenon – that the question "Who, or what am I?" is given a fluid answer in broad segments of society. Definitions are old hat. The Crypto Vreneli mirrors this freedom and the interplay of fluid identities in society.
The trades industry has long relied on traditional methods like word-of-mouth referrals, flyers, posters, and business cards. While these methods have been effective for …
As temperatures continue to rise in many regions, the demand for reliable cooling systems has increased significantly. Homeowners and businesses are investing in modern…
At scale, IT support services can't be designed around best-case scenarios. Environments managing thousands of endpoints across multiple sites need support architecture…
Nemiroff Vodka: an assortment worth paying attention
In the world of alcoholic beverages, vodka continues to be a symbol of tradition, authenticity and stable quality…
Lighting design plays a crucial role in shaping the atmosphere and functionality of interior spaces. The right lighting fixtures can highlight architectural features, imp…
From the lofty verandah views of the rivers of Hamilton, the riverfront personal spa and sauna rooms of Hawthorn, to the Olympic-size indoor pools and personal bathrooms …
Real estate is one of the most popular investment choices for individuals seeking long-term financial growth. However, successful property investment requires more than s…
Building a technology environment that can adapt to ongoing change is a priority for organisations across Australia. This article looks at how an IT consultant supports…
Dental emergencies rarely arrive with a polite warning. They burst in like an unexpected storm, bringing pain, discomfort, and urgency. In such moments, having access to a reliable emergency dental ...
For many Australians living with significant disability, the question of where to live — and how to live there safely and comfortably — is one of the most important and most complex they will ever f...
If you're running a construction site, a civil project, or a trade-based operation anywhere in Australia, first aid preparedness probably sits somewhere near the bottom of your planning checklist — ...
Hashtag.net.au
