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(Photo: SM-ART)
The world of Non-Fungible Tokens (NFTs) continues to take up a huge space in the digital world. Just recently, one private watch collector in the Middle East topped Internet search bars and headlines by creating the first-ever Patek Philippe NFT with no less than the now-discontinued Nautilus timepiece.
NTF experts at the SM-ART NFT are proud to announce the latest addition to its online marketplace. The digital NFT takes shape as the classic Patek Philippe Nautilus 5711/1A-010, one of the most sought-after items on the watch market today. It boasts a 40mm stainless-steel design with its coveted blue dial, a configuration that continues to grow in value.
See also: What Is NFT And Why Is It Revolutionising The Filipino Digital Art Community?
“The NFT of the Patek Philippe ‘Nautilus’ is as groundbreaking and unconventional as the watch was in its time, and we wanted to pay homage to that,” explained Danny Sangha, co-founder of SM-ART. “We were very cognisant of the craftsmanship that went into it, and have taken the same care with the NFT development. While there are very brief sneak peeks of the NFT on our website, the full NFT won’t be revealed until the day of the auction,” he added.
The SM-ART NFT will give watch collectors and enthusiasts the opportunity to own a part of the Nautilus through its online platform. The timepiece's value is currently set at $120,000 with 920 of 1,000 fractions offered.
The auction will launch on November 18 on SM-ART.
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