NFTs can be worth millions of dollars and generate impressive profits. But the market is far from accessible to everyone.
Setting up a wallet can be cumbersome and fraught with technological pitfalls. Investing in NFTs can also be difficult in monetary terms. Who can afford a Mutant Bored Ape #1673 for 21.5 ETH (about $65,000)? The fewest. takes care of these problems Timeless at.
NFTs, sneakers and luxury cars from 50 euros
Because with their concept of democratizing luxury investments, Timeless lower the hurdles to invest in billion dollar markets. This makes investing in NFTs easier than ever. Investors need neither a crypto wallet nor any previous technical knowledge to enter the market.
The best thing about it: an investment is possible from as little as 50 euros. Who would, simply register with Timeless, creates a profile and can invest in fractions of any of the newly listed Mutant Ape Yacht Club NFTs with just a few clicks. It pays to be quick: Because BTC-ECHO readers get a 10-euro starting credit for free.
The success proves Timeless right: The company had already sold all shares within a few minutes with the first drop. More drops are planned for the future. NFT investors can look forward to the following blue chip NFTs:
- Mutant Ape Yacht Club #1673
- Mutant Ape Yacht Club #3170
- Azuki #6302
Is an investment still worth it?
In 2020, the world’s ultra-rich owned $1.481 billion in art, antiques, vintage cars and wine. According to a projection, this sum will increase to 1882 billion US dollars by 2025 if the economic situation remains the same. There is enormous potential in this.
There is only one way that retail investors can benefit from this: through fractionalization. Because dividing up a work, whether physical or digital, democratizes an asset class previously reserved for the ultra-wealthy.
In this context, CEO and co-founder Jan Karnath emphasizes the emotional vision of the start-up from Berlin:
Timeless was founded with the aim of providing access to unique and limited assets for everyone. It’s not just about a valuable asset with a historically good return, but also about acquiring ownership of a piece of history, culture or maybe even a dream.
Jan Karnath
Timeless: A chance for younger generations
However, generations Z and Y in particular are largely staying away from the investment process. According to a study by the Union Investment subsidiary Visualvest, this is mainly due to convenience and a lack of knowledge.
More than 50 percent of those surveyed between the ages of 18 and 27 stated that they gave the topic less priority due to a lack of motivation. At the same time, 76 percent stated that they were not sufficiently familiar with forms of investment. These generations therefore need investment opportunities that are easily accessible and easy to understand.
Again, Timeless can be a catalyst for an entirely new investment group. Due to the low technical entry hurdles in NFTs and other investment classes and the possibility of investing from 50 euros, two stumbling blocks are already eliminated here. In terms of knowledge and experience, the start-up also does a lot of the work for you. Finally it lists in his apartment the most coveted and promising assets the market has to offer.
Who is signing up nowcan secure an exclusive 10-euro starting credit!
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