Elephants is proud to report that the primary two campaigns carried out on its platform after the official launch final June have been a convincing success, every closing in simply 10 days on common. This achievement underscores the rising demand for reasonably priced entry to iconic luxurious timepieces.
The first marketing campaign featured the coveted Patek Philippe Nautilus 3800/001, which bought for CHF 62,000, demonstrating the robust urge for food for uncommon and beautiful watches inside the Elephants group.
In the second marketing campaign, the Rolex Submariner 16808 “Nipple” Dial was made accessible to co-owners for CHF 35,000, additional reinforcing the platform’s dedication to providing a various vary of luxurious timepieces.
Combining the success of those campaigns, Elephants raised a powerful complete of CHF 97,000, showcasing the platform’s potential to revolutionize luxurious watch possession by co-ownership.
A 3rd marketing campaign has simply been launched, and it is performing exceptionally properly with 94% of its funding already achieved. It’s a Rolex Daytona Zenith Patrizzi 16520, famend for its distinctive ‘Patrizzi’ dial, which develops a definite brown hue over time, making every watch really one-of-a-kind.
Elephants has attracted worldwide consideration, as confirmed by the truth that customers taking part within the campaigns come from 24 completely different international locations. “These numbers underline the worldwide curiosity in co-owning luxurious watches,” mentioned Paolo Catalano, CEO and co-founder. “We are more than happy as a result of we’re experiencing exponential progress within the person base just some months after the launch, with over 900 registered customers and a ready record of seven,000 individuals,” Paolo Catalano concluded.
Exciting Developments Ahead:
“Several new options are coming to the platform to reinforce the person expertise – Gianvito Grasso, CTO and co-founder of Elephants, mentioned – “In the continuing marketing campaign, customers have already got the choice to pay with cryptocurrency, including a brand new degree of flexibility and comfort through the buy course of.”
By the primary quarter of 2024, Elephants plans additionally to launch its secondary market, empowering members to promote their possession tokens to different Elephants members. This thrilling characteristic will additional democratize luxurious watch possession and supply alternatives for brand spanking new customers and lovers alike.
Continuing the Growth Path:
Elephants is dedicated to constructing on its present momentum. To help its bold progress plans and produce much more alternatives to its customers, Elephants is actively engaged on a brand new funding spherical. This strategic transfer will allow the corporate to scale its operations, increase its product choices, and attain new markets.
Elephants is on the forefront of a transformative development in luxurious property: tokenization. The platform is making this development a actuality by enabling customers to co-own iconic luxurious watches. This revolutionary method not solely will increase accessibility but in addition opens up new avenues for diversification and possession within the luxurious market.
To be taught extra and be part of the Elephants group, go to www.elephantsclub.io.
Elephants, based in Switzerland in 2022, is a platform aimed to democratize the posh watch market as an asset class.
Elephants operates in accordance with Swiss rules and it’s affiliated with the SRO SO-FIT. The Elephants token is consultant solely of the possession proper to a fraction of the watch and with the switch of the token the associated possession proper can also be transferred.
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SOURCE Elephants SAGL