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Bored Apes Team Up with Luxury Watchmaker TIMEX to Create 500 BAYC Watches

Published 12/05/2022, 12:30 PM
Updated 12/05/2022, 02:00 PM
© Reuters.  Bored Apes Team Up with Luxury Watchmaker TIMEX to Create 500 BAYC Watches
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The American-Dutch watchmaker TIMEX has stepped into Web3 with the help of Bored Apes NFTs. Now any proud owner of the most successful NFT collection, the Bored Apes Yacht Club, will be able to show off their owned Ape on a TIMEX timepiece.

To get one, NFT enthusiasts will have to mint a Timepiece Forge Pass NFT for two Ethereum (ETH), which equals nearly $2,600 at the time of this publication. Secondly, after the 500 Forge Pass NFTs are sold out, the NFT owners will be able to design their own timepieces on TIMEX’s website. To illustrate, crypto fans can choose etchings, straps, and cases. On top of that, every owner of the 500 Bored Apes Yacht Club x TIMEX watches gets an NFT identical to the owned timepiece.

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TIMEX – the Timekeepers of the Metaverse?

The brand new Bored Apes NFT watch collection has been in the spotlight at Art Basel, the international art fair. Held in Miami Beach, the new TIMEX BAYC watches were presented in a private event called TIMEX Lunch. A couple of the models were shown during the event, while guests were able to purchase the Timepiece Forge Pass NFT for a pre-sale price.

Further on, CryptoVonDoom, a prominent member of the Bored Apes Yacht Club, was happy about the collaboration:

"As a part of the OG Bored Ape community, it's been dope to collaborate with the OGs of watchmaking", - he said. TIMEX’s Senior Vice President Shari Fabiani added:

“We are redefining and pushing the boundaries of physical, virtual, and now phygital products." Ultimately, real-life products accompanied by NFTs are gaining traction and might help revive the plunging NFT industry.

On the Flipside

  • While the BAYC TIMEX Watches come as a bi-dimensional product, the NFT version is only going to be available in Q2 of 2023.

Why You Should Care

TIMEX is following in the footsteps of Tag Heuer and Breitling, which both launched successful NFT collections. Fashion and Web3 collaborations are on the rise, with Nike (NYSE:NKE) leading the race.

Read about other luxury watchmakers diving into Web3:

Swiss Luxury Watchmaker Breitling Adds Crypto for Online Purchases

Swiss Watchmaker Tag Heuer Says It’s Time to Accept Crypto Payments

See original on DailyCoin

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