WatchX has reached a strategic partnership with GM Bear to jointly explore the Southeast Asian potential market for Web3 smartwatches
Recently, WatchX announced a strategic partnership with the well-known Indonesian e-commerce brand GM Bear to jointly promote the WatchX Fusion series of Web3 watches based on blockchain technology. The WatchX Future series watch is the first Web3 watch launched by the WatchX wearable device ecosystem platform. This innovative smartwatch not only represents the perfect combination of technology and fashion but also opens a new era of integration between wearable devices and blockchain technology, with the potential to achieve true mass adoption of blockchain technology in users' daily lives.
In this collaboration, WatchX and GM Bear will focus on three main areas. First, both parties will work together on online promotion and sales of the products. The GM Bear brand has already become a leading brand in the 3C category on major Indonesian e-commerce platforms such as Shopee, Lazada, and Tokopedia. GM Bear's core operational team has over 10 years of experience in e-commerce and brand operation both domestically and internationally, and in Indonesia, they have built a professional local team of over 160 people, with nearly 12,000 square meters of self-built warehousing in places like Jakarta. GM Bear's rich experience will provide strong support for the market expansion of the WatchX Fusion watch. Both parties plan to conduct extensive promotional activities on major e-commerce platforms in Indonesia to enhance brand awareness and user experience.
Secondly, WatchX and GM Bear will jointly establish a blockchain payment network. Leveraging the blockchain technology of WatchX watches and GM Bear's user system, users can achieve a secure and convenient payment experience in their daily lives. This payment network will provide users with unprecedented convenience and security. Users will not only be able to make payments using the watch but also enjoy various blockchain application services, such as digital identity verification and asset management, truly integrating blockchain technology into daily life.
In addition, both parties will also work to build an active Web3 community. Through this community, users can not only participate in the development process of WatchX products but also enter the Web3 world through the blockchain platform established by WatchX. WatchX has innovatively built an efficient points system to help users increase their token earnings while completing tasks, truly realizing "earn while you play." This community will become a platform for users to share experiences, exchange insights, and discuss Web3 technology together, further enhancing user engagement and community vitality.
WatchX CEO Freddy stated, "We are very pleased to collaborate with GM Bear, marking an important step for us in Southeast Asia. The WatchX Fusion watch not only realizes user data sovereignty but also helps users gain reasonable returns from the Web3 industry, which has a dimensional advantage compared to traditional smartwatches. Web3 watches will undoubtedly replace traditional smartwatches."
This collaboration is not only an important strategic deployment for WatchX and GM Bear but also signifies the broad application prospects of blockchain technology in the consumer electronics field. With the launch of Web3 watches, consumers will welcome a more intelligent, secure, and convenient digital life, and the blockchain industry will achieve true mass adoption as a result. Through this collaborative model, WatchX and GM Bear hope to set a new benchmark for the industry, leading more companies to join the wave of blockchain technology application and jointly promote technological progress and market development.
In the future, WatchX and GM Bear plan to deepen cooperation in various aspects such as technology research and development, marketing, and user services, continuously enhancing product competitiveness and user experience. Both parties believe that through joint efforts, the WatchX Fusion watch will become an iconic product of the Web3 era, bringing a new intelligent living experience to global consumers. At the same time, this collaboration will explore more possibilities for the application of blockchain technology, promoting progress and development in the entire industry.
In summary, the cooperation between WatchX and GM Bear is not only a strategic alliance between enterprises but also a deep integration of technology and market. Through this collaboration, both parties will jointly promote the popularization of Web3 watches, driving breakthroughs in blockchain technology in broader fields and opening a new chapter in intelligent living.