Watchvestor (WVTR) has surged in activity. During the early presale period, WVTR is selling at a value of $0.03. Its value can spike to $0.35 at launch, as projected by analysts. But why did they predict that this altcoin could surge so much? Watchvestor is the world's first blockchain-powered marketplace for fractional investments in exclusive, rare, and expensive watches.
This means that users on a global scale can utilize it as a means of buying, selling, and investing in these watches, from brands like Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet, for as little as $10. Traditionally, accessing these watches has been expensive, as they can cost between $100,000 to $1,000,000, depending on how rare and desirable they are. However, the Watchvestor platform mints them as NFTs. Their serial numbers, certificates, and other authentication data get stored in the metadata.
Then, they're fractionalized into smaller pieces. Moreover each user can just buy a fraction. WVTR offers utility as well, from being used for discounts to getting used for governance.
Additionally, those who buy an entire NFT can also order it to get delivered in one of the 150 supported countries. Watchvestor is revolutionizing the way people invest and, as a result, can provide a lot of value to long-term investors. Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Hindustan Times
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