Banugat
Physical Watches Linked
To Digital Assets – NFTs
- Ownership
- Authenticity
- NFTs
Banugat Collections
Banugat strives to create limited-edition luxury wristwatches that are both unique and functional. Our commitment to innovation and design excellence ensures that each timepiece is a work of art that not only tells time but also tells a story. With a focus on quality craftsmanship and satisfaction in mind.
The Founders' Collection
This collection was created to celebrate founders. As founders, we have to assume a state of mind before achieving our goals. Mindsets like the “The Wildcat” (Renaissance), “The Introvert” (Banksy), “The Explorer” (Candy Ways) or “The Gentle One” (Gobble).
“For the pursuit of doing the things I have never done before.”
Watches from this collection will come with their own NFTs paired to them. These NFTs not only provide you with ownership verification, they also provide you with exclusive access to the services our brand offers.
our
Sustainability Practices
Watches from this collection will come with their own NFTs paired to them. These NFTs not only provide you with ownership verification, they also provide you with exclusive access to the services our brand offers.
We believe quality should not come at the cost of sustainability. We believe you should only create what you want to consume. We offer bespoke services as well as our lending platform to borrow one of our watches. Liquidity will be provided by both our brand and other collectors in our community.
- Ownership
- Authenticity
- NFTs
our
Brand & Blockchain
Many experts assert that the blockchain industry has become a major source of greenhouse gas emissions. This is why we are using Polygon to power our NFTs. Solana blockchain is a proof-of-stake network, which is more environmentally friendly than proof-of-work networks.
As well as providing a way for sustainable shoppers to buy our watches, we’re also making our world more accessible to fashion borrowers. With NFTs integrated into our watches, customers can take full advantage of what we have to offer.
- Ownership
- Authenticity
- NFTs
Banugat
NFTs
Exclusive Access to Our Latest Collections, Lending Marketplace, Giveaway, Events and More!
- Exclusive
- Resources
- Giveaway
How To Mint Your NFT
Our NFTs are built on the Solana Blockchain. Therefore, to mint one of our NFTs, you will need to have Solana tokens in your digital wallet. If you don’t have one yet, you can purchase some from a supported exchange such as Binance.
- After purchase, you will need to transfer your Solana token to one of the wallets officially recognised by the Solana blockchain. Here is a list of them. We recommend Phantom Wallet.
- After transferring your Solana token to your wallet, select the NFT you would like to mint, click mint, and you will be directed to the mint page. Follow the instructions on your screen to complete the minting process.
- After minting your NFT, you can see it in your digital wallet. You can either choose to save it for later or trade it on different digital marketplaces that support Solana based NFTs. Here is a list of them.
How Staking Works
Staking:
You need to deposit one Banugat NFT to a vault, which will be locked for a certain period of time. You can set the amount of days you want to lock the NFT. The amount of days locked determine the benefits you get.
Benefits:
2 Months: 1 Token Per Day
6 Months: 2 Token Per Day
8 Months: 3 Token Per Day
12 Months: 4 Token Per Day
Claiming:
While staking you earn tokens. You can claim these tokens at any time when NFTs are in the vault, even when they are still locked.
Unstaking:
You can only unstake the NFT to your wallet after this period ends. While in the vault the NFT will always remain your ownership, and it can only be unlocked with your wallet.
Tokens
There will be a total supply of 2.5million Tokens. 10% tokens will be reserved for the team, 5% marketing/airdrop, 5% reserves.
Benefits:
– Tokens can be used to claim discounts on collection purchases & other services we offer.
– They can be used to gain early or limited access to special edition collections.