#Crypto | sucker Box Daily Chatter @kettle_shop

Kettle is an NFT marketplace dedicated to luxury watches. By 1:1 locking each watch to its physical counterpart in the Kettle Vault, it creates a new way to integrate digital and physical assets closely.

◾On Kettle, users can easily buy and sell watches on the secondary market just like trading NFTs; use watches as collateral for lending transactions; redeem watches from the vault at any time and enjoy global full insurance coverage and fast delivery service.

◾Innovative digital trading experience:
By using blockchain technology, the traditional luxury goods trading process is simplified, achieving seamless bidding and transactions.
◾Global Logistics Support:
Users can not only hold digital assets, but also choose to bring the physical watch home to wear, and enjoy the complete luxury service.
◾Solving industry inefficiency problems:
Compared to traditional watch trading platforms such as Chrono24, Kettle eliminates the cumbersome user information filling process, and only requires sufficient funds in the account to freely bid and trade.

◾The difference and advantages between Kettle and Ondo Finance, Midas, and Plume
1. Positioning of Ondo Finance:
Mainly focuses on the digital transformation of traditional financial assets such as bonds and government bonds, emphasizing stable returns and regulatory protection.
Main users: institutional investors.
2. Midas's positioning:
Provides a RWA investment platform with DeFi support, suitable for retail users and institutional investors, emphasizing high returns and flexibility.
Core assets: compliant financial tokens such as mTBILL and mBasis.
3. Plume positioning:
Provide a digital solution for a diverse range of assets (such as real estate, commodities, etc.), driving the application of RWA through a powerful ecosystem and demand.
Target users: developers, asset issuers, and institutional investors.
4. The positioning of Kettle:
Focus on the digitalization of luxury watches, combining NFT and physical asset management.
Core users: high net worth individuals, luxury enthusiasts, and collectors.

◾Unique Advantages of Kettle
Vertical market focus:
Unlike Ondo, Midas, and Plume, which extensively cover RWA assets, Kettle focuses on the niche market of luxury watches, with stronger user stickiness.
Flexible trading mechanism of NFT:
Users can make low-threshold bids, loans, and purchases on the blockchain, rather than traditional high-cost, time-consuming trading models.
Physical asset endorsement:
Each watch has a corresponding physical entity, which not only attracts cryptocurrency enthusiasts, but also traditional luxury goods investors.

◾Summary
Ondo Finance and Midas focus on the digitization of asset with financial attributes.
Plume emphasizes a diverse ecosystem driven by assets and demand.
Kettle takes the luxury watch market as the entry point, providing users with a new experience of luxury goods trading and holding through 1:1 NFT and simplified transaction process.

Kettle's unique positioning not only fills the niche market gap in the RWA track, but also opens up new growth space for the luxury goods industry, making it a bold attempt and powerful expansion of the RWA concept in the high-end market.

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