HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Watch Skins – Wearable NFTs and the “Phygital” Revolution

Other 2021/07/14 12:45 by PR DESK
Watch Skins - Wearable NFTs and the “Phygital” Revolution

People have a strong affinity for collectibles because they give them a sense of identity, personality, independence, and luxury. Thanks to technology, the world is witnessing a new form of showpieces known as digital collectibles. These products exist in cyberspace, and many individuals embrace them because of their beauty, utility, and many other values.  A significant challenge that these collectors have encountered is how to show their collections to the world, but Watch Skins is changing all of that. 

The Watch Skins NFT marketplace brings digital collectibles to the face of a smartwatch, connecting the real world to the virtual world. This unique feature puts Watch Skins into an emerging class of “phygital’’ products which combine the physical and the digital, offering an experience of deeper immersion and interaction.

Watch Skins are phygital goods, which differentiates them from traditional collectibles.  By utilizing blockchain technology, Watch Skins has created the world’s first wearable NFT. When a collectible watch face is created, Watch Skins mints an ERC721 Non-Fungible Token. That token provides a validation mechanism for the face that ensures the unique design is authenticated on the blockchain, which helps brands to fight against counterfeit goods.

The Watch Skins Marketplace

The Watch Skins marketplace allows users to buy, sell, view, and enjoy their collections. The consumer application offers users:

  • Straightforward onboarding for Mobile and desktop users
  • The ability to choose an existing watch face or configure their own  
  • Curation of their collection and essential information for trading, such as purchase history, editions, and licensor
  • Notifications for any info linked to their products or the ones they are interested in
  • An option to search and browse retail brands and private auctions 
  • Access to markets where buyers can purchase fresh branded watch faces, as well as a secondary market for users to sell and exchange their collections
  • Built in wallet functions for handling all NFTs

How the Watch Face Configurator works

Within the Watch Skins platform, a configurator tool allows users to customize their watches, using built-in modification and customization modules. Depending on the edition, users can customize their fashions from multiple styles, colors, logos, and more. 

In the near future, Watch Skins will bring licensed fashion and entertainment brands to the marketplace offering an ever-expanding number of Watch Skins collections.

0 Like(s)



You should also read...

Other 11/12/20 11:34 by Livine Sanchez
Decentralized Insurance Markets Are Taming DeFi Risks
What will it take to get decentralized finance (DeFi) to deliver the promised land of low fee financial services owned by its users? Many DeFi users will argue that day is already here. They are enjo...
Read More
Bitcoin 04/02/21 00:02 by BitcoinPrbuzz
Sweet Launches Broad-Scale NFT Solution for Leading Entertainment and Consumer Brands in Partnership with Bitcoin.com
As global interest in blockchain-authenticated digital collectibles accelerates, Sweet has built the NFT solution for broad-scale distribution and market adoption. February 4, 2021 – New Yor...
Read More
Other 21/04/21 20:51 by Guest Author
Digible: the One-Stop Platform for Rare Collectibles and NFTs
Rare collectibles and NFTs in one platform, the best of two worlds, seem like a far-fetched tale. However, Digible is making this a reality by allowing its users to buy, sell or auction rare cards an...
Read More
Other 22/04/21 18:23 by Mark Hampton
EQIFI Brings DeFi Functionality to the Banking Sector
There is no room for doubt that the crypto world has grown exponentially but there are still gaps to be filled. People have got used to limited capabilities of accessing the full potential of their di...
Read More
Other 17/07/21 18:55 by PR DESK
RareMall: Diversity is the Key to The Future of Digital Creation
The entire world turns towards the NFT marketplace because the future of digital collectibles exchange relies on the NFT marketplace. However, most marketplaces are still underutilized as they featur...
Read More