Protect and build your wealth with fractionalized watches

01/08/2022

Sommersemester 2022 / NFW – Non fungible watches

EXECUTIVE SUMMARY

Recent years have shown that we can’t expect the economic stability we experienced after the last recession in 2007/2008. But how do we invest in uncertain times? Obviously, there needs to be a balanced mix of different assets in one’s portfolio. Most people that invest their money usually know the advantages and disadvantages of investments such as stocks, commodities, currencies, bonds, and other types. But having access to one of the best-performing goods in the sector, namely luxury watches, requires a substantial amount of capital and therefore excludes the average investor. We are here to change that!

Goal

Enabling luxury watch investments for people across all levels of income.

Methodology

The core framework behind developing the business idea was the lean startup methodology. We went through a series of iterations and dozens of adjustments until we finally ended up with an idea that is highly demanded and solves actual problems.

Results

The result is the first zero-effort luxury watch investment platform.

The selected watches will be offered on a platform based on the principle of fractionalization. Every watch will be divided into shares that are sold individually. The buyers will receive an NFT that digitally confirms the ownership and allows it to be traded freely on the open market. Moreover, the customer can enjoy his new asset without any obligations, that would typically come with an investment in a physical good. Meaning we take care of everything which goes on in the background, from storage to insurance. Watch me get rich!

Cooperation Partner

  • NFW – Non fungible watches
    nfwatchme.eu