The Week In Facts #90
This newsletter brings you the latest insights and developments across various sectors, highlighting significant trends and innovations. From the electrified adventures offered by Canyon's Grizl:ON to the intersection of technology and art in luxury and fashion, we cover the stories shaping our future. Join us as we explore these exciting advancements in mobility, digital product passports, NFTs, luxury, AI, and fashion.
Newsletter Outline
Topic: Mobility
Canyon Launches Grizl: ON e-Gravel Bike for Electrified Adventures
Source: BikeRadar
Summary: Canyon has introduced the Grizl:ON, an electrified version of its Grizl gravel bike, featuring a carbon frame, a suspension fork across the range, integrated lights, and the new, compact Bosch Performance Line SX motor with 55Nm of torque. The Grizl:ON aims to offer a fresh approach to e-gravel biking, differing from Canyon's Grail:ON by focusing on a more "active" riding style.
Available in four models, the Grizl:ON's prices range from ￡4,799 to ￡7,649. The bike's design incorporates slack geometry and a suspension fork for a comfortable ride, while the new Bosch motor system promises a natural ride feel and a range of around 100km, extendable with a range extender.
The Grizl:ON also features a suite of integrated accessories for versatility, including lighting powered by the central battery and options for commuting or adventure setups.
#CanyonGrizlONAdventure
Topic: Digital Product Passport
What to Know About the EU's Upcoming Digital Product Passport
Source: FashionUnited
Summary: The European Union is set to revolutionize the fashion industry with the introduction of the Digital Product Passport (DPP) under the new Ecodesign for Sustainable Products Regulation (ESPR).
This initiative aims to enhance transparency and sustainability across the entire lifecycle of products by requiring brands to collect and share comprehensive data accessible via a digital twin. The DPP will cover various aspects, including sustainability attributes, environmental impact, and recyclability, with information accessible through QR codes or barcodes.
This move is part of the EU's broader efforts to address environmental challenges and promote circular economy practices. The DPP is expected to empower consumers with more informed purchasing decisions, reduce greenwashing by brands, and facilitate compliance verification by authorities.
While presenting numerous benefits, the implementation of DPP poses challenges, such as the need for significant adjustments in supply chain processes and technology infrastructure.
#EUDigitalProductPassport
Topic: NFT
Coachella Festival Gives NFT Passes Another Try Following FTX Mess
Source: Decrypt
领英推荐
Summary: The Coachella Valley Music & Arts Festival is venturing back into the NFT space with a new series of collectibles that serve as access passes for this year's event in Indio, California, in April.
This initiative marks Coachella's second foray into NFT passes, following a troubled collaboration with the now-defunct crypto exchange FTX. The festival is launching its NFTs on the OpenSea marketplace, starting with the VIP Pass + Oasis Lounge Keepsake collection, minted on the Avalanche blockchain. These NFTs not only grant access to the festival but also offer additional perks like complimentary drinks in the Oasis Lounge.
Coachella plans to release more collections with varying levels of utility, including unique merchandise and VIP area access. This move comes after the FTX collapse left previous Coachella NFT holders unable to access or transfer their digital assets, prompting the festival to reissue NFTs and honor benefits for affected customers.
#CoachellaNFTRevival
Topic: Luxury
'Imagine the Smell': Binance Perfume Stunt Mocked, Denounced as Sexist Source: Decrypt
Summary: Binance's female-targeted ad campaign for International Women's Day, featuring a perfume called “CRYPTO” or “Eau de Binance,” has faced backlash from the crypto community. The campaign, intended to attract more women to the digital asset space, was criticized for being clumsy and sexist. In a promotional video, Binance employees distributed perfume samples to women in Bahrain, linking the scent to discussions about crypto investment. Critics argue that the campaign reinforces gender stereotypes rather than addressing the gender gap in crypto meaningfully. Despite Binance's claim of sparking dialogue about gender disparities in crypto, the campaign has been widely mocked and criticized for not effectively contributing to gender equality within the industry.
#BinancePerfumeBacklash
Topic: AI
OpenAI Pushes Back on Elon Musk Lawsuit, Releasing Internal Emails Source: Decrypt
Summary: OpenAI has responded to Elon Musk's lawsuit accusing the AI developer of deviating from its original open-source, humanity-focused mission by releasing a series of emails from Musk himself. These emails suggest Musk was also motivated by financial considerations.
Musk's lawsuit alleges OpenAI breached their founding agreement by licensing GPT-4 exclusively to Microsoft for profit, thereby limiting public access and giving Microsoft undue influence over OpenAI.
The released emails include discussions about funding commitments and concerns about competing with Google, with Musk emphasizing the need for substantial funding to compete effectively. OpenAI's blog post aims to counter Musk's claims by highlighting his own focus on financial and competitive aspects of the AI race.
#OpenAIMuskLawsuit
Topic: Fashion
Maison Margiela's MetaTABI NFT Collection: A Fusion of Iconic Design and Digital Innovation
Source: nft now
Summary: Maison Margiela, in collaboration with The Fabricant, a pioneer in digital fashion, is set to launch the MetaTABI NFT collection, marking a significant step into the digital fashion realm.
This innovative collection combines the iconic Tabi boot with the limitless possibilities of the metaverse, offering a unique blend of physical and digital luxury. Scheduled for release in late March 2024, the collection includes two exclusive editions: a super-limited white series offering 15 pairs of custom-made Tabi boots and a limited black series of 1500 units, each accompanied by a custom-made leather wallet.
These digital collectibles unlock a range of benefits across various platforms, from digital to mixed reality, showcasing Maison Margiela's commitment to integrating web3 technologies with luxury fashion.
This project not only highlights the brand's pioneering spirit but also sets a new standard for engaging luxury fashion communities in the digital age.
Hashtag: #MetaTABI