You can now purchase our watches using CRYPTOCURRENCY
Are you crypto-wealthy? Did you invest in crypto early and have bags full of crypto that you don't want to put into a volatile market but you don't want to cash-out neither because taxes are too high?
At Vintage Watch Collective we offer you the chance to swap your digital crypto-assets for a physical asset with history-proven uprise value that continues to outperform all markets.
However, what you do with your watch after is totally up to you!
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Since inflation has been a constant threat to the value stored in fiat, people often protect themselves by investing in assets that maintain their value over time. Historically, gold has been used as a hedge against inflation, as well as the kind of watches we sell here, but now crypto has become a more popular alternative over recent years.
Isn't Crypto very volatile?
Cryptocurrencies often experience sudden price movements, which for many, makes them an unattractive store of value. While a 30% drop in price over 24-48 hours is considered rare and disastrous in traditional markets like stocks, these are relatively common events in the crypto market. If you’re hesitant about crypto’s volatile nature, you can consider using stablecoins.
What are stablecoins?
Stablecoins are the answer to the calls from early crypto investors looking for a crypto-equivalent to fiat currencies like the dollar. It needed to be something that could reliably hold value over time without volatility and allow them to easily transfer that value. For instance, a solution that lets Bitcoin investors quickly convert their Bitcoin profits to a dollar-like value and then invest that elsewhere or simply withdraw that amount to your bank account. And, thus the ‘stablecoin’ was born, to address exactly these issues.
Any asset used as a store of value and a hedge against inflation require a high level of stability and trust. Cryptos like Bitcoin or Ethereum, for example, don't grant that stability, but stablecoins do, while still being decentralized.
With which cryptos can I pay?
Vintage Watch Collective is currently accepting payments for all watches through Pinwheel online checkout (see last FAQ) in the following cryptocurrencies:
USD Coin (USDC)
Binance USD (BUSD)
Why these cryptocurrencies?
Bitcoin (BTC) and Ethereum (ETH) are the cryptos with larger market cap. These two have already been around for quite a long time and they are the most circulated and used cryptocurrencies. They have also proven a solid uprise trend in value over their lifetime.
How can I purchase?
There are two ways you can purschase with crypto at Vintage Watch Collective:
Add your item to Cart and checkout as usual
Fill in the shipping address and delivery method
Choose Pinwheel as the method of payment
Log in into your Exchange or DApp ( Binance, Coinbase, KuCoin, Metamask, etc.)
Go to Withdraw/Send crypto
Set the total amount in USDT, USDC, BUSD or DAI. Remember that 1 USD = 1 USDT/USDC/BUSD/DAI.
Paste the recipient wallet address to where you want to send the crypto.
Make sure you have chosen the correct network.
Double-check everything is recommended
Wait blockchain confirmation (it might take a few minutes)
2.800,00 USDT / USDC / BUSD / DAI
1960s Croton Chronomaster Aviator Sea Diver 'Panda dial'
SHOP OFFLINE WITH CRYPTO
And there's way more crypto-related stuff cooking here...
Vintage Watch Collective's VIRTUAL OFFICE AND SHOP IN THE METAVERSE
At Vintage Watch Collective we are focused in bringing our customers the best possible experience. With digitization becoming an important part of everyones' daily-basis, physical shops and offices have suffered a decrease in utility lately. Aware of this, we are proud to announce that we have acquired virtual property estate in the popularized Solana blockchain, more precisely in the networks' biggest metaverse project up to date; Portals.
Here, we have built Vintage Watch Collective's Virtual Office and Shop in the Metaverse.
Vintage Watch Collective's NFTs
Our team is working on the development of Non-Fungible Tokens (NFTs) that will be handed to our customers when they purchase a watch from us. These NFTs will be digital representations of the physical asset which will have embebed metadata stored in the blockchain and backed by smart contracts that will allow proof of verified ownership, provenance, authenticity and many other features that blockchain technology offers.
If you don't know what an NFT is, Paris Hilton explains Jimmy Fallon in the video below what they are. Maybe she convinced him to purchase BAYC #599 for 46,6 ETH (roughly $220k at the time of writing)...
Jimmy Fallon from the Tonight Show purchases NFT Bored Ape Yacht Club for $220k
Vintage Watch Collective's DISCORD COMMUNITY
In the meanwhile, we are just starting to build a community where we will keep you updated of everything. So if you want to stay tuned, hit the join button below and become part of our digital community, where all members can hang out and chat with others about watches, other physical assets like real estate or digital assets like crypto, NFTs, generative art and more: