Chronocatz is a new NFT collection created by the Chronoly (CRNO) team and is based on their decentralized luxury watch trading platform. There are 7,777 cat characters with unique features and traits which will give access to the Chrono Wealth Club private members perks. In recent months, the cryptocurrency bear market has hurt the price and sales of many collections but the best have “blue-chip” status. CryptoPunks and Bored Ape Yacht Club NFTs are examples of that blue-chip investment grade.
Chronocatz can bring that investment security to the market because of its ties to real-world luxury watches, which have held their value for decades. Bear markets can drag the price of art lower, but the best art and watches will hold their value. Chronocatz brings that to the blockchain in NFT form.
Top NFT Collections Holding Blue-Chip Status
After the slump in NFT sales from the crypto market highs in November, there are finally signs of life in the digital art world. The CryptoPunks collection recently registered a $4.45 million sale for one of the most popular. A rare CryptoPunk with an Ape trait sold for 3,300 ETH or $4.45 million. That is understandable because the NFT would combine two of the biggest themes of the NFT world.
Another recent sale came from the Mutant Ape Yacht Club with the spin-off NFT of the Bored Apes world going for $1.3 million. The Mega Mutant Apes collection is the latest collection of 20,000 NFTs from Yuga Labs, which were airdropped to BAYC holders. These projects are holding their value well and are ready for the next bull market.
Chronocatz Brings Blue-Chip Potential
Chronocatz NFTs is another collection that can bring blue-chip value. This collection of 7,777 NFTs offers access to an exclusive members club: Chronoly Wealth Club. The club has a tiered rewards system which is based on the luxury watch trait that the avatar wears. Holders can get access to the club for NFT watch drops, additional staking perks, and rare auctions. Another element of the project will be a vibrant community with parties and live events.
Blue-chip status in the investment world comes from the safety and security of an asset. In the case of CryptoPunks and Bored Apes, that is only based on investor trust that the pieces will hold their value. Chronocatz NFTs will offer safety and security because they are linked to real-world timepieces which have held their value for decades. Luxury watches soared in value back in January 2022 because of the sell-off in stocks, so this is a project that can benefit from bull markets and hold its value in a bear market.
For more information about Chronocatz.io
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