Chronoly.io – The New Start-up looking To Disrupt The Luxury Watch Market

April 12 01:06 2022

Chronoly.io is an investment app, where everyday investors can trade shares in luxury watches from as little as $10.

A picture containing text, watch

Description automatically generated

Investing in luxury watches has long been a popular form of investment for those with sufficient finances to afford the purchase cost. However, for the average person, the high prices of top-brand timepieces has simply priced them out of the market. 

Chronoly’s mission is to disrupt the status quo, with the world’s first-ever watch investment platform that opens up the possibility of investment in high-end timepieces to everyone. 

The Power Of Blockchain For Fractional Investment

The development of Blockchain has raised a host of exciting possibilities, and among them is the ability to fractionalise physical watches so trading in rare timepieces becomes possible. 

Essentially, Chronoly’s vision is to enable everyday people from all walks of life to fractionally invest in luxury, high-end watches, even if they don’t have a high-end budget. 

With an investment of as little as just $10, anyone can buy a share in a vintage, rare, discontinued, or limited edition model from some of the biggest and best-known luxury brands in the world. 

The Growth Of The Investment Watch Market

There has never been a better time to invest in luxury watches. In fact, this investment market has taken off in a big way in recent years.

As interest rates show no sign of improvement, more investors are turning to different avenues including property, art, wine, and collectible cars. However, of all the tangible investment options, luxury watches are one of the most lucrative and inviting. 

Some models are even worth almost double their original value just seconds after purchase when they are sold on the pre-owned market. 

In fact, the investment watch market is growing at a far faster pace than the S&P 500 which only saw an annual return of 20.82% over the past 12 months compared with a growth of 74.2% for the Rolex Daytona Ceramic watch! 

How Does Chronoly Work?

Chart, diagram

Description automatically generated

For many years, purchasing an “investment watch” was an interesting addition to any keen investor’s portfolio, with the value of rare and limited edition timepieces from top brands going up in value year-on-year. 

However, in the past, if an individual wanted to invest in a luxury watch they would need to purchase the entire timepiece outright which could cost tens of thousands of dollars. Clearly, this meant that an investment of this type was only ever going to be something that was open to those who already had large amounts to spend. 

Now, Chronoly’s arrival on the scene is turning the status quo on its head. 

Using the Chronoly platform, a user can buy a share in a watch from a luxury brand such as Rolex, Richard Mille, Audemars Piguet, Patek Philippe, or Vacheron Constantin in just the same way as an investor would purchase shares in stocks. 

Thanks to Blockchain Technology, the platform enables anybody anywhere in the world to join the Chronoly community and invest in the timepiece of their choice to reap the benefits whenever they wish. 

Anyone who is ready to learn more about Chronoly and how their exciting platform could be an entry point into the lucrative world of luxury watch investment. Then visit their social media pages or join the Chronoly waiting list at www.chronoly.io 

Media Contact
Company Name: Chronoly.io
Contact Person: John Murphy
Email: Send Email
Country: United Kingdom
Website: https://chronoly.io/

  Categories: