Intro to Tiers
Each tier within DWC's framework corresponds to a specific range of Manufacture Retail Values (MRV) or Fair Market Value (FMV), whichever is higher. This structure allows participants to make informed decisions based on their watch preferences. The assignment of an NFT to a tier occurs during the minting event and is disclosed to the holder afterward, adding an element of anticipation and surprise to the process.
Benefits of the Tiered System
Transparency and Fairness: The tier assignment process is completely transparent, providing clear insights into the MRV/FMV range associated with each tier.
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