The Marketplace

Effortlessly buy, sell, or exchange assets

What is "The Marketplace"

The Marketplace is an innovative platform where users can effortlessly buy, sell, or exchange Fragments, as well as purchase and list entire watches that have been previously verified by our experts. (For more details on the process for entire watches, click here).

All watches on Fragment undergo rigorous verification and are securely vaulted in protected facilities before being listed.

To cater to both crypto-savvy users and those new to the digital currency world we cover all fees associated with Token transactions and other operations. This allows you to effortlessly use our platform with just USDC, ensuring a seamless and cost-effective process.

Another standout feature is the creation of an advanced Oracle system in-house. This powerful tool is essential in determining the real-time value of assets listed on our platform by aggregating data from reputable marketplaces, thereby assessing the current market value of listed watches and the nominal value of each share, ensuring our users are making informed decisions.

And since our marketplace is designed with simplicity, efficiency and throughput speed in mind, we have an intuitive filtering and sorting functions that ensure smooth and effortless navigation.

Buy, Trade, Sell:

Trade

We offer a seamless and intuitive swapping experience, enabling users to exchange their fragments with others users effortlessly.

At the core of this feature is our robust security check system. It guarantees that the fragment you're exchanging is exactly as described – a genuine fragment of luxury, not just a copy.

Buy

As a live marketplace, we empower users to Bid and Buy at real-time prices that reflect the current demand. This can be done by easily Bid at the price of your choice, or Buy Now at the current lowest Ask for the Collection

Sell

Thanks to the blockchain you can receive the payouts on your sales instantly. When you are ready to start selling your prized possession it can be easily done by Placing an Ask for the price you want, or Sell Now at the current highest Collection Bid

Digitalising Physical Item

When you send your watch to our secure vault, it embarks on a journey of transformation. Each timepiece undergoes a rigorous authentication and scanning process. Once verified, it's seamlessly linked to your profile or wallet through the issuance of an NFT. This critical step ensures the integrity and security of the connection between your physical watch and its digital representation.

Once verified, you're empowered to buy, sell, and transfer ownership of watches effortlessly. We eliminate the usual complexities of importing, shipping, and ensuring safe delivery, smoothing out the trading process for a hassle-free experience.

Once you decide to claim the physical item, you can do so by burning the NFT. Please note that all associated costs, including shipping, import fees, and other expenses, will be your responsibility.

Once you're ready to reclaim the physical watch, it can be done by simply burning the associated NFT.

While we facilitate this process, all related costs, including shipping, import fees, and other charges, will be borne by the user.

Platform Fee

Trade:

• Royalties -> 2% of the Current Market Value of the Asset

Buy

• Purchase Fee -> 0-1% of Listed Price (Trial Period at 0% and then 1% for Lifetime)

• Royalties -> 2% of Listed Price

Vault

• Digitalisation Fee -> 3% of the Current Market Value of the Asset