Colletrix offered 5 beta watches on sale from 11th of June to 15th of June for $500 each. In the 5days period, Colletrix received 6942 applications. This figure is mind-blowing by any standard.
Let’s put this into proper perspective, this would have been a $3.4m sales in just 5 days. This figure is even more than the total USD equivalent worth of CIPX tokens available for their planned IEO in july.
WHAT MAKES COLLETRIX PRODUCT AMAZING?
Firstly, It is the first-ever crypto watch and it was paired with a unique Ultraman token. The watches where made by UNDONE.
UNDONE is the world’s leading custom watch brand founded in 2014. The philosophy of the company is to enable anyone, anywhere create their customized watch at an affordable price without compromising quality. UNDONE already has a huge customer base and reputation for producing quality watches.
Each watch has an NFC chip with an embedded private key. The private key enables the owner to redeem a unique ERC-721 token through the Colletrix platform. The unique token can be traded on the Colletrix after been redeemed.
The Colletrix combined blockchain technology and NFC chip technology make their merchandise impossible to counterfeit. This is revolutionary as you can detect counterfeits with few clicks.
WATCH THIS VIDEO TO UNDERSTAND HOW IT WORKS
Colletrix also offered $250 worth of Colletrix tokens as a bonus for beta purchase. This made the offer more interesting because the CIPX token is a utility token with various uses which include the purchase of merchandise like watches on the Colletrix platform. The use of the Colletrix platform will reflect in the value of the Colletrix token.
Colletrix will offer a discount for purchase made with the CIPX token. With the huge interest in Colletrix watches, it will definitely have positive effects on the price when more merchandise is released.
CLOSING THOUGHTS:
This is a new innovation and looking at the unprecedented number of beta Sign up, I can say the project has gained wide acceptance already. More merchandise will be released in the future as Colletrix is out to digitalize IP.
The Colletrix IEO will happen in July. You have a chance to buy the CIPX token.
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Author: Oghenejivwe Patrick
WEBSITE:https://www.colletrix.com/#/
TELEGRAM: https://t.me/colletrix
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