About Chronoly Coin
Chronoly Coin is a marketplace that is disrupting and revolutionising the watch market and making it possible for anyone to fractionally buy, sell and invest in rare and collectable watches from renowned brands such as Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet. Redeem the physical watch from the Chronoly vault. Users who acquire 100% of the watch NFT fractions can burn their watch NFTs and have the physical item shipped to over 120 countries via your security and logistics partners’ shipping service.
Chronoly Coin(CRNO) Point Table
|Coin Name||Chronoly Coin|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
How Does It Work?
Each NFT watch Chronoly Coin mint is backed by a real physical watch. This is authenticated, insured and stored in one of Your secure depositary vaults around the world. The watch NFT is then broken down into fractions, allowing anyone to own part of the watch from as little as $10. Users can trade their fractions 24/7 on Chronoly’s secondary market or on a Ethereum blockchain based third-party NFT marketplace such as Opensea. The Chronoly watch backed NFTs can be used as proof of authenticity and ownership, collateral for lending, trading in secondary markets, or held as digital collectibles within the Chronoly ecosystem or Metaverse.
Your watch backed NFTs eliminates counterfeit risk, which is an unsolved problem in the luxury watch market. Hundreds of millions are lost each year by collectors who unknowingly purchase unauthentic watches, each NFT that mint has the physical watch’s serial numbers, certificate and provenance details stored in the meta data. By Utilising blockchain technology the entire lifecycle of a watch can be monitored and traced with a decentralized, tamper-proof digital ledger.
Why Choose Chronoly Coin?
Your marketplace platform has been built on the Ethereum blockchain and will have multi-chain capabilities in stage 2 of the development phase. Users can trade fractional NFTs of watches similar to trading shares in the stock market. The platform enables users to borrow against their holdings and has decentralised functionality enabling users to store the NFTs on their Chronoly wallet or on any third-party ERC-20 compatible wallet.
Dedicated watch concierge service and private members club, members gain access to exclusive NFT drops, watch networking events plus more.
A lending facility, which enables users to borrow against their physical watch and their NFTs at a competitive rate on the blockchain.
Custom built oracle that provides multiple data points thus improving the accuracy of watch valuation tracking.
Where Can You Buy Chronoly Coin (CRNO)?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Uniswap (V2) As It Has The Highest WETH/CRNO.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WETH/CRNO And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
Chronoly Coin Supported Wallet
Several Browser And Mobile App Based Wallets Support Chronoly Coin. Here Is Example Of Wallet Which Chronoly Coin – Trust Wallet For Hardware Ledger Nano.
FAQ Of Chronoly Coin
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – Uniswap (V2).
Circulating Supply Of Balancer Token Is N/A.