Sm-ART NFT, a pioneer in art investing that allows investors of all backgrounds to buy, sell and partially own luxury jewelry, sculptures and fine art using fractional tokens, has added a new luxury Patek Philippe watch to its portfolio of tokenized investment opportunities.
Iconic design, outstanding investment
The Patek Philippe Nautilus collection has an elegant design and is recommended as one of the top watch investments by Tim Stracke, CEO of Chrono 24. The watches in this collection feature horizontally embossed dials, rounded octagons, and sleek, cleverly constructed cases. The watch has been valued at over $100,000, but Sm-ART NFT is offering partial ownership of this collector’s gem. Asset tokens for fractional ownership of the Patek Philippe Nautilus 5711/1A-010 stainless steel watch start at $100.
High-value acquisitions made possible through blockchain ownership
The unique NFT platform allows investors to purchase fractional shares of novel, high-value items through blockchain ownership.The ERC20 protocol is used to segment assets, and all tokens representing shares of assets are ERC20-compliant.
Investors can buy and resell these fractional assets on the platform’s website or on platforms such as OpenSea. The platform creates a digital representation of the assets as NFTs and lists them for sale via blockchain technology. Asset tokens serve as proof of fractional ownership. They can be purchased using supported cryptocurrencies at the request of the seller.
Danny Sangha, co-founder and CTO of Sm-ART NFT, said.
“We are delighted to add this stunning Patek Philippe watch to our collection of luxury assets. Owning high value items outright is a dream for many, but with Sm-ART NFT, this can become a reality, giving those with an interest in fine art and luxury masterpieces the opportunity to not only make a beautiful investment in financial appreciation, but also to co-own something that is visually spectacular.”
Among the platform’s other assets are the artwork of Pasquale Cuppari, who has exhibited with Andy Warhol, and the photography of interdisciplinary artist Gabriel Dean Roberts.