Digital Token (Vaulted Watch)

  • Each vaulted watch is represented by a digital token (NFT - Non Fungible Token ERC721), also referred to as "Vaulted Watch" or "Watch-backed NFT" that signifies ownership of the physical asset.

  • Each digital token is issued on the Ethereum blockchain and sent to the physical watch owner’s self custody ERC20 wallet. The metadata on the digital token captures all of the information about the physical watch documented during the intake/authentication process.

  • Each digital token also includes high-quality photos of the actual physical watch, showcasing its current condition and quality at the time of vaulting.

  • The owner of the digital token can redeem the token for its physical watch counterpart at any time unless the watch is under an active loan. The owner can also request an audit to ensure that the watch is securely vaulted and is in the documented condition at any point during ownership.

Operating Agreement

  • We've established an Operating Agreement that governs the ownership and transactional rights associated with Vaulted Watches. A version of the operating agreement is embedded within the Vaulted Watch’s token metadata in the form of a link at the time of mint. Visit here for the latest version of the Operating Agreement.

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