Chronocatz NFTs: Celebrity investors will love these
The market for non-fungible tokens (NFTs) has attracted many celebrity investors keen to snap up digital art and build a portfolio. Celebrities such as Madonna, Justin Bieber and Snoop Dogg have been investors in Bored Ape Yacht Club NFTs. Shaquille O’Neill, Paris Hilton and Mark Cuban are other names who have taken an interest in blockchain collectibles.
Chronocatz is a new collection from the team at Chronoly (CRNO) who recently launched an NFT marketplace for investing in luxury watches. These may appeal to celebrity investors because the NFT grades have high-fashion features. They also wear a luxury watch that determines the rarity of the NFT, opening the door to the Chrono Wealth Club for additional membership benefits.
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Celebrities drop large sums for NFTs
The celebrities mentioned above have been avid collectors and have dropped large sums on rare NFTs. Snoop Dogg recently sold a BAYC collectible for $1.7 million, while Justin Bieber bought one for $1.3 million. The craze for the blockchain art market doesn’t seem to be going anywhere, and even though NFT sales volumes have fallen in the bear market, there is still good demand for the blue-chip pieces.
The investment for top collections like CryptoPunks and BAYC has seen a strong floor price around the $100k level. Professional investors have also been big supporters of the studios that produce the tokens, with Yuga Labs receiving a whopping $4 billion valuation. These projects will continue to release new NFTs and they also have plans in the pipeline for a metaverse expansion.
Chronocatz can offer celebrities some NFT bling
Chronocatz is a unique project because it brings together the worlds of traditional and blockchain tokens. The collection of 7,777 NFTs was designed by the Chronoly project to follow the ecosystem for decentralized investment in luxury watches. The Chronocatz collection has unique features in the form of hats and accessories, but the key that determines the rarity of the NFT is the luxurious watch that the cat wears. There is a 1-6 tier system for rewards and all holders gain access to CWC’s private members club.
While traditional watch investors will love the decentralized marketplace for watches, they may also want to get their hands on the Chronocatz NFT to access rewards like exclusive drops and auctions. There are many celebrity investors with large collections of luxury watches and this is the ideal platform to merge their market knowledge with the new world of NFTs and the blockchain. Don’t be surprised if you hear about a celebrity endorsement for one of these Catz.
For more information on Chronocatz.io
Website: https://chronocatz.io/
Telegram: https://linktr.ee/chronolyio
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