Profit Sharing
Chronos Club will implement an innovative strategy to monetise luxury watches by leveraging relationships with boutiques specialised in the purchase of watches from retail customers. The acquisition of these watches at competitive prices, followed by a waiting period during which it is anticipated that the market value of the watches will increase, forms the basis of our revenue model. Subsequently, these watches will be sold on Chronos Club's exclusive multi-chain crypto marketplace, allowing buyers from all over the world to purchase luxury watches with cryptocurrencies, with the guarantee of authenticity provided by both the club and official certifiers.
The profits generated by the difference between the purchase price and the sale price of the watches will be the main source of income for the club. Holders of Chronos Club NFTs will be entitled to a percentage of these profits, proportional to the number of NFTs they own out of the total 10,000 NFTs issued. This represents an opportunity for club members to earn passive, dividend-like income based on successful watch sales.
In addition, club members will enjoy exclusive discounts on the marketplace, allowing them to purchase luxury watches at preferential prices.
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