The first factory made bitcoin watch was released by Franck Muller
The world of luxury watches and bitcoin collided in a historic moment with the creation of the Vanguard Encrypto by Franck Muller, which was hailed as the world’s first functional Bitcoin watch. This special timepiece was launched on June 27, 2019, in partnership with cryptocurrency trading platform Regal Assets.
The Vanguard Encrypto was not just a statement of luxury; it was a functional piece of technology. The watch featured a laser-etched QR code on its dial, which represented a public wallet address that could be used to deposit Bitcoins and check the account balance. This integration of Bitcoin with a high-end watch showcased the versatility and practical application of bitcoin in everyday luxury items.
To ensure security and functionality, the watch came with a sealed USB stick intended to store the private key, allowing for a secure transaction process. This method of storage, akin to a paper wallet, was popular among long-term Bitcoin holders and early adopters due to its significant security advantages.
The Vanguard Encrypto watch was available in various materials, including Stainless Steel, Rose Gold, Titanium, and Carbon, each coming with a hand-sewn alligator strap. It was designed not only to tell time but also to serve as a gateway to accessing what was referred to as the “millennial gold” of the era.