Watchvestor is a platform creating a unique haven for investors seeking the rarest and most coveted luxury watches in the world. The goal of the project is to bring together watch enthusiasts, collectors, and investors from around the globe. On this unique marketplace, investors will get the opportunity to buy, sell and invest in rare and collectible watches from renowned brands such as Rolex, Richard Mille, and Patek Philippe.
What makes Watchvestor interesting is that investors require only $10 to buy watches on its marketplace. Using fractional ownership, Watchvestor will allow multiple investors to own a share (fraction) of a luxury watch without having to buy the whole thing. Using this fractional ownership Watchvestor reduces the entry barrier to entry from thousands of dollars to just $10.
As the marketplace grows in popularity, crypto analysts have forecasted that its utility token, WVTR, would rise in value. At this time, WVTR trades at $0.03 in its first presale stage. However, crypto experts have predicted that it could reach highs of $0.5 before the year ends.
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