Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch

Published at: June 16, 2022

Watchmaker TAG Heuer has partnered with the well-known nonfungible token (NFT) community surrounding Bored Ape Yacht Club and CLONE-X to create a smartwatch that displays NFTs and connects to crypto wallets such as MetaMask and Ledger Live.

The company says that the functionality of the TAG Heuer Connected Calibre E4 will be straightforward, with NFTs being transferred to it via a paired smartphone. The device is set to support static and animated NFT artwork, and multiple NFTs can be transferred to the watch at a time. TAG Heuer stated that NFT artwork can be resized and placed within three available designs within the watch.

Current capabilities of the smartwatch and how it handles NFT artwork and display are outlined in a blog post from TAG Heuer:

“Some NFTs are still images, and some are animated GIFs. TAG Heuer’s watch face will support these formats in crisp detail, with animations looping infinitely."

The smartwatch will also possess the ability to connect to the blockchain and verify NFTs owned by the wearer. TAG Heuer describes the feature in their announcement saying, "Verified NFTs are displayed in a hexagon with a cloud of particles gravitating around the image.”

This new NFT functionality is set to be available as a free update to all Tag Heuer Calibre E4 owners through Apple’s App Store and Google Play.

TAG Heuer continues to grow in the Web3 space utilizing a team of in-house developers for blockchain-related projects. Back in May, TAG Heuer partnered with BitPay to begin accepting payments in Bitcoin (BTC) and eleven other cryptocurrencies including several US dollar-pegged stablecoins. NFT watches aren’t a completely new idea with Bulgari, Jacob & Co, and others jumping into the market in recent months.

NFTs exploded into mainstream media in 2021 with individual sales reaching into the tens of millions. Despite recent overall market conditions and cascading NFT prices, sales reportedly remain steady.

Tags
Nft
Art
Related Posts
Copyright infringement and NFTs: How artists can protect themselves
Copyright infringement in the online world has been an issue ever since the internet entered our lives. With a copy-and-paste culture, it’s never been easier to pass off a funny tweet as one’s own, upload unauthorized versions of chart-topping songs, and repurpose jaw-dropping photographs and videos. Now that nonfungible tokens have entered into the arena, a whole host of new issues have emerged. Opportunists are now tokenizing artwork without consent, and in some cases, artists haven’t realized their pieces have been plagiarized until the NFTs have been bought and sold. One attorney recently told Vice that, while creators do have …
Copyrights / April 13, 2021
Indonesia’s cryptocurrency community in 2022: An overview
Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021. It’s getting to the point where crypto is becoming more popular than traditional stock. Vice Minister of Trade Jerry Sambuaga stated that more than 11 million Indonesians bought or sold crypto in 2021. In comparison, according to the Indonesian Central Securities Depository, the total number of portfolio investors — indicated by the number of …
Adoption / April 2, 2022
A double-edged sword? Once-famous brands are getting into crypto
There is no denying the fact that the crypto adoption wave sweeping the globe right now has resulted in a growing list of defunct brands making their way into the digital asset market in recent months. Just two weeks ago, once popular music platform LimeWire announced that it is going to be making a comeback, albeit as a marketplace for nonfungible tokens (NFTs) rather than a file-sharing service. LimeWire’s return seems to largely be hinging on its once-held brand power backed by the company’s belief that its early 2000’s fame will allow it to make its way into the competitive …
Music / April 8, 2022
Global Web3 metaverse and tax initiatives continue in the face of a market meltdown
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. In 2021, nonfungible tokens became the biggest disrupter in art, with artists minting, exhibiting and auctioning them and investors buying, selling and trading them. But by May 2022, NFT sales had dropped 92% from the market peak. According to data aggregator Layoffs.fyi, more than 17,000 technology laborers lost their jobs in May. The recent downturn is similar to 2018, when leading cryptocurrencies …
Adoption / June 5, 2022
NFT pics are the funhouse mirror high-end art deserves
The funny thing about many of the absolutely insane things happening in the world today is that from a certain perspective, they actually make perfect sense. Take the famous brands buying metaverse real estate, for example. At first glance, it makes no sense at all. At second glance, assuming the user base of the respective projects grows over time, it’s like buying an ad banner on a website, just at a higher markup. Considering how many headlines you get on the purchase, the purchase becomes quite sensible even if you do nothing with your plot of virtual land. It’s quite …
Adoption / June 11, 2022