This article was written in partnership with world of watches (read more)
A platform for buying and reselling luxury watches
World of Watches is a platform that allows Buying, selling and exchanging luxury watches. Support is provided to the customer at any stage of the buying or selling process, to answer any questions the customer may have.
Actually, The World of Watches team is made up of experts In this regard, all luxury watches displayed on the website are checked to the smallest detail to ensure their authenticity.
Finally, the company Found on 4 continents It has headquarters in 10 major cities, including Paris, Hong Kong, Miami, London and Dubai. Delivery is relatively fast, no matter where you go.where The order was placed thanks to this global presence.
Watches World integrates bitcoin and major cryptocurrencies into its platform
Watches World wants to be a platform that keeps pace with the times by offering quality, fast assistance, and cutting-edge expertise.
Thus, to expand this vision, the company Accepts Bitcoin Payments (BTC) and All cryptocurrencies of the top 100 of the largest capital lettersas long as it is transferable on Binance.
Bitcoin Payment Integration Overview at Watches World
To provide this service, the world of watches has resorted to a payment solution Utrust. This startup is well known in the cryptocurrency industry and was recently acquired by Elrond Network. It is a blockchain digital payment platform, allowing businesses to easily integrate a cryptocurrency payment solution.
Utrust is already used by many Web 3.0 companies, and it allows you to Make instant purchases with cryptocurrencyThis is completely safe, while the company instantly receives the transaction amount in fiat currency, with a 1% fee for each transaction.
To find out more about the reasons for this integration and what the founder of the watch world envisions for the future, we asked him a few questions.
What prompted you to incorporate cryptocurrency into your payment methods?
“I have been personally involved in cryptocurrencies since 2011 and have experienced various payment issues. For me, it is important to be able to offer this payment method which we hope will be It has become a globally accepted payment method. It is the fastest and safest way to exchange for the type of items we sell. »
Planning to move forward with your adoption of cryptocurrency and Web 3.0?
“We have been working on a peer-to-peer exchange platform for several years which is planned for the second half of 2022. This platform integrates Non-fungible Token Technology (NFTs) for Authentication and Transactions. We are also developing an online store, completely virtual, in which our collection is presented. You can make your purchases directly in this 3D digital environment. Finally, we plan to develop Our cryptocurrency In the end. We have acquired several locations in major metaverses (The Sandbox, Decentraland and NFT World). »
Invest in a luxury watch
It is worth asking what is the point of investing in a luxury watch? In addition to the aesthetic aspect and the pleasure of owning such a thing, it can be a particularly interesting investment since certain models It keeps its value very well. Some watches can appreciate over time and become a collector’s item.
So a luxury watch can be considered as A tangible, easily transportable and relatively liquid asset. It is of course possible to secure it.
The demand for luxury watches has increased especially during the Covid-19 pandemic. This is coupled with a shortage as luxury watch manufacturers (Rolex, Patek Philippe, etc.) maintain a low level of production despite a steady rise in demand.
as a result of, The market for buying and reselling has grown significantly And Watches World is positioning itself as a leader in this sector with this first step into the world of cryptocurrency.
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