read.cash Log in
@ms16969 more from that month

Rolex has filed a trademark application for the NFT and its own marketplace. The full content of the documents is not known, but there is information that they contain plans not only to integrate NFT, but also software for auctions. It is worth noting that the company does not plan to limit itself to the release of NFT, but wants to expand its sphere of influence in the Web 3 space as a whole. In addition, one of the points was information that the company can release its own digital wallet for its products. Following this news, some users speculated that NFTs could be fractionated, whereby even regular users could own a piece of Rolex. However, given the policy of the company, they will take every possible measure to prevent this possibility. It's not just that their watches start at 10 bucks. Perhaps they will introduce some element into the physical watch, with the help of which it will be possible to obtain their digital copy, thereby verifying the authenticity. In fact, this kind of activity from well-known brands allows us to conclude that they see a future in what we are doing. And that means we are on the right track.

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.