Chaindigger GmbH
Neumarkt 1
5200 Brugg
 

Press release 

New Swiss crypto player takes on "worthless" NFTs

Every day, countless investors lose their money with NFTs. This is because most "non-fungible tokens" lose their value as soon as interest (i.e. hype) is lost. Clearly, the NFT market needs to be revolutionized. That's why companies like Chaindigger.io from Switzerland are backing their NFTs with real assets, creating unprecedented security in an exciting new investment opportunity.

NFTs - Hype without real value

Today, it is practically impossible to get around the NFT hype. Speculation propels the apparent value of digital images into the 6- to 7-digit range, though many experts are predicting an end to the hysteria.

Already, worthless NFTs have outright ruined numerous investors. The multifunctional metaverse is far from being what is being pitched to us in expensive animation videos. Crypto coins have lost traction, and many altcoins can barely keep their associated projects afloat.

One particular problem becomes evident: Investors generally pay for the entire development of new projects. Too often, the creators and initiators themselves have not contributed anything financially, let alone already programmed, built or completed something. "This lack of programming is precisely the biggest risk for investors," explains Raphael Zumsteg, co-founder of Chaindigger.io: "If a project doesn't work out, the misfortune lies solely with the investors." Millions would vanish into thin air in the process. Suddenly, no one answers the phone, and the offshore company is almost impossible to track. Most of us are familiar with such stories when we look into crypto investments on the internet.

But what do all these projects have in common? They are usually built exclusively on speculation, without substance and value. In the process, the creators forget to keep the customers' security in mind and address their needs.

There is another way

So how can investors gain more security in this risky area? "One way is by looking at what preliminary work has already been done," recommends Raphael Zumsteg.

Companies like Chaindigger.io are doing things the old-fashioned way. The owners invested their own assets and developed the project first. With the ATROMG8 NETWORK, they completely built their platform and then thoroughly tested it to confirm the business model behind it. "By doing the groundwork, we eliminated the biggest risks for our investors," says Roger Kramer, CEO of the company.

In addition, Chaindigger.io deliberately relies on Switzerland as a location. An offshore location would be out of the question for the founders. "Through the involvement of FINMA (Swiss Financial Market Supervisory Authority) and SRO (Self-Regulatory Organization), we can offer our investors additional security," explains co-founder Zumsteg. Anonymous online contact forms are also avoided. Instead, the founders and their employees provide complete transparency by showing their faces. This is received well by many, including their partners.

It was only after the foundation was in place that Chaindigger.io entered the market and began to win over potential partners from the luxury goods industry, the film and entertainment industry, and also young Internet stars with millions of followers, and managed to convince them of the concept. Since then, many have joined, and as a result, the scale of the project far exceeds expectations. The partnership with Luke Mabbott and Christopher Loftus' Rexy Club project in Dubai alone already creates a potential volume of almost 10 billion USD and a reach of around 100 million followers.

Luxury goods as ideal value carriers

So what exactly makes Chaindigger.io different? The company has decided to create sustainable access to the international luxury market for everyone. State-of-the-art technology is used for this purpose, which has been developed on the blockchain over the last 3 years with a custom-built ecosystem. Through NFTs, luxury goods are split and sold on the open market, or they remain on hold until the value has increased and the group of NFT holders collectively decides to sell. "To create value for the customer, Chaindigger.io's NFTs are backed by cars, diamonds, watches, real estate and much more. Real assets instead of empty shells!" explains Zumsteg proudly.

CEO Kramer adds: "Almost all markets experience incredible volatility again and again. But the luxury market is mostly spared from this and even seems to benefit from crises; after all, money is always available. This market provides even more money to those who have it."

At Chaindigger.io, investors all stay in direct contact with each other via a dedicated mobile application and are kept up to date with the latest developments. Transparent, real-time, and right on top of what's happening.

Companies like Chaindigger.io offer interested parties a unique chance to enter the NFT field as safely as possible and get the most out of it. Thanks to the groundwork and personal risk-taking of the founders, the chances are good that their NFT investment will be much safer here than in a mere digital shell.