Chris: Hi! Can you tell us more about yourself and the role you're playing in that blooming project?
Andrew: Hey, my name is Andrew (Drew_Crypt) and I’m one of the co-founders of Encrypt Club. I have started my NFT journey in 2020. In that year I learned a lot about the NFT space and started to understand how the NFTs work. Since then, I keep myself up to date with the new trends. The idea of the Encrypt Club Project was born in November 2021. In this project you will be able to buy your first luxury NFT watches. I call myself a very fortunate person for being a part of this. The team contains talented, ambitious, and young individuals. We are trying to achieve something ground-breaking, and we will!
Chris: Encrypt Club NFT represents the timepieces. Why do you think timepieces are so important after the covid hit us all?
Andrew: Timepieces were and will be important. If we talk about a business meeting, there is no one in the room who doesn’t wear a timepiece: A watch tells a lot about us. The Pandemic (Unfortunately) just confirmed how lucrative investments are the watches. Some of them tripled their market value during that period of time, which was also a big surprise for us. After a long thinking session with the team, we have realized, that there aren’t many things which hold and increase value like watches. We think that by representing something that gives value, people will see the opportunity in it. Just like with real watches.
Chris: Along with this, the token is also aimed at a cause while it hopes to make it big on the metaverse. What is the cause and how does Encrypt Club work towards it?
Andrew: The team would like to achieve something big with this project, which will help a lot of people in the future. Later in the year we would like to host some events after the mint where the holders will get to know each other. This way they will be able to make new connections, which could be life changing. Also, like not many projects nowadays we always try to give something to the people other than a ticket to our events. That is why our NFT holders will have the opportunity to have some extras in our application/marketplace, which is coming in 2023.
Chris: Additionally, how does Encrypt Club promise to be different from other watch artwork projects in the metaverse? What is unique about these tokens?
Andrew: Firstly, there aren’t many wearable watch NFT projects, so we can say our team is one of the first ones, who are trying to fill this segment of the market. These watches are handmade, designed in 3D, based on the real-life timepieces. As you can see in our road-map our whole year is fully booked, with improving the project. After the mint we are going to develop the platform which will make the authentication process more safety and innovative. We are planning to finance this development stage from the income of the NFT sales, that’s why it is really important to sell out. In that way the holders will get a part of it and this method will make the community convergent. We need the people to make this dream reality, not to buy a new Lamborghini (haha). Besides this, our main thing to achieve is that, the floor price shall reach minimum of 1ETH, but in the long-run, as I mentioned in the text, the holders will get much more than a lucrative NFT.
Chris: Similarly, what are the features of the Encrypt Club tokens? How are each one of the 9999 tokens set apart as unique?
Andrew: There are 3 categories. 6000 Basic, 3000 Rare, and 999 Super rare. Of course, in each category there will be attributes which are extremely rare. And that will boost its uniqueness (and price). The main idea behind these 3 categories is the staking. Basic watches will earn 1 Entoken/week, Rare ones will earn 3 Entoken/week and the Super Rare will earn 5 Entoken/week. The watches are moving on a wide scale of variety. There are ones full of diamonds, watches made with unique materials etc. If you are interested feel free to check out our IG and take a look at them. Hopefully you will pull out the one which you really liked.
Chris: What are the other features of the Encrypt watch tokens? In other words, how can the Encrypt watch tokens be used by the investors apart from them being artwork NFTs?
Andrew: The watches will be wearable. So in the future, the avatars will be able to wear them, because we are going to integrate them into the Metaverse. In this way it will be an as important accessory as in the real life. That is one of the biggest features. Also, they will be tickets to events and the watch will give you rights to decide in some decision. Like which charity should we choose, etc. Finally, as I mentioned above, the NFT holders will get Entokens by holding our watches. It will be a good passive income opportunity. Besides the staking, they will get extra features on our future authentication platform which will be free to use for them.
Chris: Furthermore, what will be the price of one Encrypt Club NFT? How much of the cost would go as a minting fee?
Andrew: The VIP price will be 0.08 ETH and 0.1ETH for the public mint.
Chris: Also, do you also put a limit to the number of tokens that can be minted in a transaction by a user?
Andrew: Yes. The maximum number/wallet is going to be 10!
Encrypt NFT Project (sum):
- 9.999 NFTs, based on our rarity system
- 6.000 Basic, 3.000 Rare, 999 Super Rare
- What are the NFTs about?
- Watches – Watches have real value in the real world, we are creating real value for the watches in the online world
- Entoken – passive income
- Hold-to-Earn system – Holders will be able to get their tokens weekly
- Where the holders will be able to use the tokens? Entoken will be the one and only digital currency, which the people will be able to use in any platform created by the Encrypt Team.
- 10.000. NFT - 1/1 - auction, we are going to provide the money from this nft to a charity org.
Pictures about our watches: