CRYPTOBOTTLE

DESCRIPTION OF EVENTS

"Create, buy or sell first bottles virtual wine. Collect, invest or become an artist by creating your own NFT cryptobottle. Anyone can launch their own vintages (collections) with the possibility of adding benefits that will be used in real life!"

"Cryptobottle is an innovative project designed to empower various entities—such as businesses, associations, event companies, and retailers—to create unique NFT collections. These NFTs, known as "cryptobottles," combine art, utilities, and cryptocurrencies, encapsulating significant financial value. Cryptobottles serve as a versatile tool for promotion, customer loyalty, and sales enhancement."

"Our platform offers an incredibly simple solution for acquiring cryptocurrencies and unique artworks without needing any specialized knowledge. Users can configure these super NFTs according to their specific needs, highlighting their products or services in the most effective way possible."

"These vintages of bottles are actually collections of digital objects which do not contain wine, but cryptocurrencies."

"Each bottle owned gives you access to customer benefits.

The estates offer you these advantages to enhance their wines.

They can take the form of promotional codes, vouchers, loyalty programs, etc cultural advantages.. and are proposed by the domain that creates the vintage.

Other "affiliation" partnerships can also be offered by any company.

The possibilities are endless. Choose your Cryptobottles well!"

"The audited smart contracts are secure, and the gendarmerie has been informed. We are reassessing our systems to avoid any further incidents."

"A flaw in the stablecoin's settings allowed a malicious individual to purchase all the CryptoBottles and extract their contents.

The audited smart contracts are secure, and the gendarmerie has been informed. We are reassessing our systems to avoid any further incidents.

The good news: CryptoBottles already purchased become rare coins!

Thank you for your support, we will come back stronger soon"

The smart contract would again be exploited a couple of days later.

CryptoBottle is a unique concept where an NFT representation of virtual vine is minted, which contains a diverse mix of cryptocurrency assets. The NFT can be "opened" in the future to unlock the underlying assets, and this is permanent and irreversible, decreasing the remaining bottles in the collection. On October 22nd, 2024, their CryptoCuvee contract was exploited for $31k via a vulnerability which allowed an attacker to purchase all Cryptobottles and instantly extract their contents. The project suspended the contract, provided high level details, and vowed to continue. A much larger exploit would happen only a couple days later before any plans could be made for compensation or steps forward.

https://www.certik.com/resources/blog/5sFtciEJ5fBV56zSeXWcW-cryptobottle-incident-analysis (Nov 15)
@NFTCryptoBottle Twitter (Nov 15)
@NFTCryptoBottle Twitter (Nov 15)
@NFTCryptoBottle Twitter (Nov 15)
Cryptobottle (Nov 15)

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