Hublot debuts bitcoin watch
Hublot celebrates ten years since the creation of Bitcoin with the launch
of the Big Bang Meca-10 P2P watch, a limited edition watch that can only be
purchased online with the cryptocurrency.
“We are pleased with the dynamism and sense of innovation of our Asian
partners: it is part of a visionary process that corresponds, point by
point, with Hublot’s vision,” said Ricardo Guadalupe, CEO of Hublot, in a
statement. “Thanks to the partnership with OSL Limited, this first P2P
watch allows us to continue our exploration of the roads of the future.”
Hublot first luxury watchmaker to enter Bitcoin market
Ten years ago, in November 2008, Bitcoin was born. This famous
cryptocurrency, a virtual asset stored in virtual format, was invented by
Satoshi Nakamoto, an enigmatic character whose true identity remains
wrapped in mystery. However, its peer to peer (P2P) payment system has
seduced a wide community of users and investors who accept it to carry out
their transactions.
As a precursor to new technological and social trends, Hublot has decided
to commemorate the first decade of Bitcoin by presenting the first watch
that can only be purchased in exchange for Bitcoins. It will only be
marketed electronically, and both the order and the payment must be made
online. This innovation has been possible thanks to a collaboration with OS
Limited (OSL), the main digital asset broker in Asia. Hublot thus becomes
the first luxury watchmaker in the bitcoin market.
Baptized as Big Bang Meca-10 P2P, this watch will only be available in a
limited edition of 210 copies, an allusion to the absolute limit of the
number of Bitcoins available in the world, set at 21 million units.
True to the innovative design that nurtures the reputation of the Big Bang
collection, the P2P watch features a 45 mm diameter case made of black
sandblasted ceramic. When it comes to a Hublot watch, talking about
ceramics has nothing to do with clay-based pottery, but with a high-tech
material: zirconium oxide agglomerated at very high temperatures.
The watch is equipped with a caliber of internal development HUB1201, a
skeletonized movement that offers a formidable power reserve of 10 days, a
number that is not left to chance: ten, as the number of years of life of a
Bitcoin. Each of the 210 copies is manufactured for its owner, since it
incorporates the transaction number with Bitcoin used for its acquisition.
Another allusion to the cryptocurrency is its blue calfskin strap with
black rubber lining and trim, adorned with a motif that refers to
Blockchain, the network of interconnection between computers that allow the
existence of the virtual currency.
The Big Bang Meca-10 P2P was presented on November 6 in Hong Kong at the
headquarters of the company OS Limited. Visitors were able to enter through
an immersion tunnel with interactive visualizations that presented the
universe of cryptocurrencies and the unique payment system that allows
Hublot to accept transactions in Bitcoin.
Photo: via PR Newswire