YourWatchas NFT

At Silent King Society, the power of prestige is celebrated year-round with luxury accessories that capture hearts and turn heads. We are convinced that the modern zeitgeist requires being able to present our favourite pieces of jewellery in the virtual world. For this reason, our NFT’s whole task, like in the real world, is to multiply the beauty and elegance of its owner.
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How it works

Every NFT of our accessories collection is connected to its real-world equivalent. So, the watch that you see on our NFTs represents a watch located in a secure vault. By purchasing the Silent King Society: Accessories NFT you become the owner of that specific watch, whereby the NTF is the certificate of ownership. Whenever you want, you can trade in your NFT to receive your watch in real life. Once you trade in your NFT, we will “burn” it and send you the watch per secure courier. A second NFT of similar appearance with the mark that you received your accessories will be airdropped to your wallet.

Certificate of Authenticity

Every watch we offer as NFT has its certificate of authenticity uploaded to the blockchain, accessible for you whenever you want. Along with the certificate of authenticity, we provide a legal agreement that the owner of the NFT is also owner of the according watch and that we sent it to its owner the moment the NFT is burned on our website. Please note, that burning the NFT yourself will lead to the loss of the NFT, therefore please make sure to follow the guidelines provided on our website. An explanation video how to receive your watch will be uploaded on the day of the launch.
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Benefits

Stability of Value

The volatile crypto market offers no stability in terms of value. To avoid crypto crashes, our NFTs offer real-world assets connected to the metaverse. Even if Ethereum plummets to zero, you own an NFT can be traded in for a luxurious watch whenever you want.

Secure Transaction

As all legal documents are stored on the blockchain, the transaction of the NFT is fraudproof and cannot be manipulated. This includes the certificate of authenticity of the watch and the legal contract between us and the holder of the NFT.

Wear and Tear

As the watch is stored in a vault while the connected NFT is traded on different third-party markets, the watch will receive no damage by changing owners. No matter how incautious different owners might be, as the NFT cannot be damaged, the watch will remain without a scratch, even after changing several hundred owners.

Fees

Usually, buying a luxurious watch requires fiat money. This causes a huge problem when a large proportion of your income comes from crypto currencies and the flipping of NFTs, as once you turn cryptos into fiat, fees and taxes will be deducted. However, if you buy your watch directly with cryptocurrencies, none of these will be applied, enabling you to buy more real assets with less fees.

Status

Of course, your Bored Ape or Cyptopunk represents your status well, yet our NFTs represent possessions that always have and always will be of value. As long as NFTs can’t be displayed at daily encounters, we truly believe that luxurious accessories will remain inevitable to portray superiority, especially for people who don’t understand that NTFs are more than just JPEGS.

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