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!"

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 1st, the project experienced thait first exploit for $6k, which happened due to a missing access control on the smart contract's withdrawUseRLiquidity function. This vulnerability or event doesn't appear to be publicly acknowledged by the team and is not widely known. It would be featured in an analysis by CertiK a month later, only after more vulnerabilities had been exploited for much larger losses.

https://www.certik.com/resources/blog/5sFtciEJ5fBV56zSeXWcW-cryptobottle-incident-analysis (Nov 15)
@NFTCryptoBottle Twitter (Nov 15)
Cryptobottle (Nov 15)
Polygon PoS Chain Transaction Hash (Txhash) Details | PolygonScan  (Nov 15)
Polygon PoS Chain Transactions Information | PolygonScan  (Nov 15)

More case studies

Fire Token Burn
Mechanism Exploited

EigenLayer Email Phishing
Unauthorized Transfer