One of the first non-fungible token (NFT) initiatives created on the Ethereum blockchain was CryptoPunks. 10,000 randomly produced 24×24 pixel portraits with random characteristics, such as a person smoking a pipe or wearing a cap, make up the project. Owning a CryptoPunk is the most punk thing you can do in the NFT world.
The Chronoly (CRNO) team, who runs the online marketplace for luxury timepieces, has unveiled the Chronocatz project, a unique collection of 7,777 NFTs. Aiming to democratise and decentralise the market for high-end watches, Chronoly seeks to draw in wealthy investors. Each of the 7,777 distinct Chronocatz NFTs grants exclusive access to the Chrono Wealth Club (CWC), an exclusive members club with the advantage of limited release drops and more.
CryptoPunks Offered Reward to Its Believers
The CryptoPunks is a group of 10,000 distinct, casually sketched characters that were generated algorithmically in 24×24 pixel art graphics. The majority of CryptoPunks are pixelated images of different people, with occasional additions of zombies, apes, and aliens. Every Punk has a profile page that lists their characteristics and current situation. The CryptoPunks are also legally owned by specific people on the Ethereum network.
Except for a transfer charge, a CryptoPunk was initially free to obtain, but due to the scarcity of these NFTs demand grew and their price skyrocketed. Now, Punks are a symbol of status, a hugely valuable possession, and a piece of internet history. Many of those who had the good fortune to invest before the 2021 mania are among the most prominent figures in the NFT sector, and those who were able to hold on are now multimillionaires.
Chronocatz NFTs: Worthy Bounty for Early Investors
The success of new NFT Collections continues, with Critters Cult earning more than $3 million in its first month. Investors seeking something novel might have a look at Chronocatz. These 7,777 distinct cats all have various outfits, coats, and accessories. The cat’s watch, a unique luxury timepiece from the real world, is the main accessory. The watch worn by each of the Cats determines the rarity of the NFT, a tiered structure outlines the member benefits available for each tier. Holders of a Chronocatz NFT receive exclusive access to the Chrono Wealth Club where members get access to unique NFT drops, auctions, and increased staking yields.
Aside from the member benefits that come with holding a Chronocatz, the floor price of the NFTs will be secured because they are connected to physical assets. A Chronocatz NFT will provide its holder with unique access to parties, merchandise, and networking events both offline and online. A Chronocatz NFT avatar can also open up exclusive rooms and features in the Chronoly ecosystem and marketplace.
The project has successfully sold out its private mint (phase 1) and was able to sell over 1300 NFTs during its phase 2 whitelist. The project is off to a good start and is showing promise. CryptoPunks are seen as innovators as they have caused some disruption in the NFT sector, while the Chronocatz project is an opportunity to be a pioneer in a collection connected to real-world assets and value. It is a great time to invest in the project as the public mint is live and ends in less than 18 days.
For more information about Chronocatz.io
Website: https://chronocatz.io/
Telegram: https://linktr.ee/chronolyio
Twitter: https://twitter.com/Chronolyio
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/10/chronocatz-is-another-opportunity-like-cryptopunks