WatchSkins Is Creating Digital Collectibles for Your Wrist

WatchSkins Is Creating Digital Collectibles for Your Wrist 1

Watches, like shoes and cars, call tell you a lot about a person. A fan of gold and bling could identify as a crypto investor, while a fan of Disney will strap on a Mickey Mouse watch.

Now a company called WatchSkins wants to turn digital wearables into new ways to express yourself – and let you own a piece of unique digital property too.

The company, founded by brothers Collin and Justin Knock along with creative director Seth Cheshire, has created a platform for creating, buying and selling watch faces based on non-fungible tokens (NFTs). The product is currently in its early phase, but the team showed us an early version including an auction app that lets you bid on and buy popular watch faces.

The key to the product is the idea of non-fungibility or digital scarcity. The team has created a wide collection of face designs and is also working with brands and artists to produce others featuring logos, sports players, cartoons and street art. Their platform is working, but is currently in beta.

Each watch face is unique and no other user can own the same one. Because they are collectible, the Knocks expect the faces to fluctuate in price based on demand.

“I’ve always been a watch lover. I’ve collected them for years, and when it came to my smartwatch, I realized that there was no real scarcity or rarity in the digital watch face market. I wanted something unique that I could design myself. When I couldn’t find it in the marketplace, I decided to build it myself,” said Collin in conversation with CoinDesk at CES in Las Vegas as he walked us through the platform.

“We think of them as kind of like digital baseball cards, something with real value,” he said.

Disclosure Read More

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

WatchSkins Is Creating Digital Collectibles for Your Wrist 2
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 43,167.00
ethereum
Ethereum (ETH) $ 2,978.14
cardano
Cardano (ADA) $ 2.31
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 359.35
xrp
XRP (XRP) $ 0.956326
solana
Solana (SOL) $ 142.54
polkadot
Polkadot (DOT) $ 31.37
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.213026
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 43,167.00
ethereumEthereum (ETH)
$ 2,978.14
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 519.08
litecoinLitecoin (LTC)
$ 152.58
bitcoinBitcoin (BTC)
36.846,06
ethereumEthereum (ETH)
2.542,05
tetherTether (USDT)
0,853570
bitcoin-cashBitcoin Cash (BCH)
443,07
litecoinLitecoin (LTC)
130,24
bitcoinBitcoin (BTC)
31,613.35
ethereumEthereum (ETH)
2,181.04
tetherTether (USDT)
0.73235
bitcoin-cashBitcoin Cash (BCH)
380.15
litecoinLitecoin (LTC)
111.74

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin43,040 0.46 % 4.09 % 10.11 %
Ethereum2,966.5 0.24 % 5.98 % 16.98 %
Cardano2.310 0.56 % 2.16 % 4.93 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin358.47 0.27 % 6.37 % 15.64 %
XRP0.9551 0.69 % 3.69 % 12.45 %
Solana141.97 0.77 % 5.42 % 6.57 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.46 % 0.37 % 0.04 %
Dogecoin0.2112 0.85 % 6.06 % 12.96 %

bitcoin
Bitcoin (BTC) $ 43,167.00
ethereum
Ethereum (ETH) $ 2,978.14
cardano
Cardano (ADA) $ 2.31
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 359.35
xrp
XRP (XRP) $ 0.956326
solana
Solana (SOL) $ 142.54
polkadot
Polkadot (DOT) $ 31.37
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.213026