
Elephants
Buy and own fractions of the most iconic watches on the market.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
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Elephants Club (elephantsclub.io) is a unique startup that allows individuals to buy and own fractions of iconic luxury watches. This innovative business model makes high-end timepieces accessible to a broader audience by fractionalizing ownership. Essentially, instead of purchasing an entire watch, clients can buy a share or fraction of it, represented by a digital token. This token signifies ownership of a part of the watch, and ownership rights are transferred with the token.
The company primarily serves luxury watch enthusiasts and investors who are interested in diversifying their portfolios with rare and valuable assets. The market Elephants Club operates in is the pre-owned luxury watch market, which has seen significant growth and is projected to continue expanding rapidly. This market is characterized by high demand and limited supply, making it an attractive segment for investment.
Elephants Club's business model revolves around sourcing iconic timepieces, fractionalizing them, and then selling these fractions to clients. The company generates revenue by charging a fee for the fractional ownership transactions. Additionally, they may earn from the appreciation of the watch's value over time, although they do not guarantee any returns or provide investment advice.
Operating under Swiss regulations and adhering to Swiss anti-money laundering laws, Elephants Club ensures a high level of security and compliance. The company is affiliated with the SRO SO FIT, a self-regulatory organization in Switzerland, which adds an extra layer of credibility and trust.
In summary, Elephants Club democratizes access to luxury watches by allowing fractional ownership, catering to both watch enthusiasts and investors looking for low-volatility, high-demand assets. The company stands out in the rapidly growing pre-owned luxury watch market by offering a unique and accessible investment opportunity.
Keywords: fractional ownership, luxury watches, pre-owned market, digital tokens, Swiss regulations, high demand, limited supply, investment diversification, rare assets, compliance.