Introducing the CryptoDials Vault

CryptoDials
3 min readApr 7, 2022

The CryptoDials Vault to be revealed today on OBJKT.com will include a live minting of its three genesis pieces. These three pieces and their 1/1 NFT’s represent stories and capture unique moments in the founders’ journeys.

The CryptoDials Vault is an exclusive marketplace which will serve as a unique platform to engage our community in sharing various lifestyle items with others and passing on physical items and their stories to others who are #DIALEDIN.

Items to be listed in the Vault must be representative of the CryptoDials lifestyle and our guidelines will highlight various requirements for the items and members listing.

In order to submit an item for listing, the CryptoDials community member must be at least Level 10 in the Discord server

  • Once an item is accepted for listing it is committed to be traded within the CryptoDials community and may not be listed elsewhere
  • Transactions made in the community marketplace are to be transacted with direct transfers of fiat OR crypto (TBD)
  • Shipping and logistics is to be negotiated with the parties involved
  • Items which are brand new are subject to approval by moderators

Listing Process

In order to list an item, the member must purchase an “Article Registration” for 100x the US Fiat value of their listing. i.e. If a member is selling a G-SHOCK for $100 USD their “Article Registration” will be 10000 $DIALS **$DIALS are not a token and have no cash value — crypto or FIAT, and attained by participating in our Discord community

Once redeemed, they will be able to submit a ticket to the moderators meeting the following requirements:

  • Sale price or Trade value in USD
  • If the item for sale is a watch, a minimum of 6 photos must be taken showing as much detail as possible *no outside links or stock photos will be accepted
  • Watch sales must include photos which show all four lugs, both case sides, its bezel, crown, caseback, clasp and strap/bracelet clearly
  • A photo of the item representing its place in the CryptoDials Vault is required — this item will be used to mint an NFT upon the approval of its listing
  • Accurate descriptions of the item for sale is obligatory. You are required to disclose all details that you are aware of, including age, condition, origin, presence of box, papers, links etc.
  • Sellers are required to do their own research. Reference numbers should be known and included with the listing request
  • Sellers assume full responsibility for their listings — items which do not belong to community members may not be listed

Once an item is submitted for approval and it meets the guidelines necessary for acceptance, an Vault Article NFT will be minted by the CryptoDials wallet and held until a deal is made between community members.

Sales Process

Once the listing is approved, and the CryptoDials marketplace wallet mints the NFT for the item, the NFT will be revealed in the Vault channel in Discord and the quantity of $DIALS used to create the “Article Registration” will be disclosed to the community. The seller will then be able to share additional photos, stories etc. about that item.

Interested parties may then bid on the item live in the channel or contact the individual listing the item to negotiate the final price of the item. Once a final sales price has been determined, it must be disclosed to the moderator and 100x that value in #DIALS will be transferred to the purchasers bank.

Once the physical sale is completed, the CryptoDials wallet will complete the sale by transferring the NFT minted for that object to the wallet of the purchaser and the sales value will be disclosed to the community.

*various aspects of the mechanics and logistics of the Vault may be subject to change and may employ aspects such as POAPs and token verification as we work to employ the benefits of blockchain technology to simplify this process

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CryptoDials

An NFT collection of 1,010 timepieces. Collect and then build an exclusive physical 1/1 watch that will rival the rarities of even the most prestigious brands.