The project is backed by real physical assets which are rare, luxury, and exclusive watches from reputable brands such as Patek Philippe, Rolex and Nautilus. Chronoly said the assets have been authenticated and validated. Investors or buyers can own a fraction of a luxury watch by buying NFTs. However, always remember to conduct your own research before trading or investing. Some analysts say that there is no way to verify the whereabouts of Chronoly’s physical watches.