Home DAILY NEWS

Patek Philippe Nautilus worth in excess of $100k added to NFT portfolio

0

Sm-ART NFT has added a Patek Philippe to its portfolio of physical assets.

It is the first platform of its kind to allow anyone, including the small investor, to buy, sell and take advantage of part ownership of fine art masterpieces, sculptures and luxury jewellery using fractional tokens.

Advertisement

Referred to as ‘one of the top 11 best watch investments for aspiring collectors’ by Tim Stracke, CEO of Chrono 24, the Patek Philippe Nautilus 5711/1A-010 will be offered at a fractional ownership.

This stainless steel model is estimated to be worth more than $100,000.

Investors interested in part ownership of this latest item will be able to purchase asset tokens from $100.

Digital representations of the assets are created as NFTs and listed for purchase on the website through blockchain technology and asset tokens proving percentage ownership.

Asset tokens can be purchased using one of a range of cryptocurrencies in accordance with the seller’s requirements.

All tokens representing asset share are compliant with the Ethereum ERC20 standard.

Danny Sangha, co-founder and CTO of Sm-ART NFT, said: “We are delighted to have added this stunning Patek Phillipe watch to our collection of luxury assets.”

Adding: “Owning high value items outright is a dream for many people, but with Sm-ART NFT, this can become a reality and allows those with an interest in fine art and luxury masterpieces the opportunity to not only make a beautiful investment in terms of financial appreciation, but also to co-own something that is visually spectacular.”

Previous articleGraham goes left field with latest chronograph
Next articleBerry’s takes on Ullswater Challenge raising over £10k for Dementia UK

LEAVE A REPLY

Please enter your comment!
Please enter your name here