Bored Ape Yacht Club Members can receive a Timex watch that features their NFTs. The metaverse has more to offer.
Even in the crypto winters, news about the amazing developments on the metaverse is making it into the headlines every day. Timex, the watchmaker, is the latest brand to take advantage of the metaverse.
Bored Ape Yacht Club members and Mutant Ape owners can now flex their NFTs in the real world.
Timex Partners With Bored Ape Yacht Club
Bored Ape Yacht Club has partnered with Timex to produce 500 watches that will display the owners BAYC and MAYC NFT.
Along with a physical watch, there will be a digital version of the watch in the form of NFT for the owners’ virtual avatars.
Initially, the minting price for the coin was 1.5 ETH. This received strong criticism from the community. A MAYC holder on Twitter found the price “absurd for a Timex.”
Metaverse is a platform that allows fashion and accessory brands to build on their brand reputations
Fashion and accessory brands want their customers to wear their products not only in the real world, but also in the metaverse. Timex is not alone in capturing the metaverse market. Rolex, the luxury watchmaker filed a trademark on November 11th for the NFT and NFT marketplaces.
Rolex is Rolex planning on building on the Metaverse or protecting themselves from possible infringements on the metaverse and NFT projects?
Various other fashion brands, like Gucci, Dolce & Gabbana, Tiffany & Co., Moncler, and Burberry, are figuring out their metaverse and NFT game.