SegMint Beta Challenges - Week 1

Security. Self-Custody. Shared Ownership.

To our SegMint beta testers,

Our SegMint team greatly appreciates your interest and participation in making this platform a success!

The time has come to put those AVAX test funds to work by completing various weekly challenges meant to test and strain the SegMint platform.

Let’s jump into the week 1 challenges which start on Monday, July 3rd through Sunday, July 9th.

🛅Week 1 Objectives -

• In week 1, we start off with testing existing features. Your goal will be to complete the following challenges:

  • ✅“Mint an NFT” - We want you to Mint 4 unique NFTs with unique smart contract addresses!

    • Upload an image of your choice for one, and try using the generative AI tool for creating images for the others.

    • Add as many “Traits” as you like, but include at least one.

    • Video tutorial.

  • ✅“Create SegMint keys” -

    • Follow the steps to create various denominations of SegMint keys from your newly created NFTs. Try to create various denominations of 5, 10, 15, and 20 for each asset.

    • Video tutorial.

  • ✅"List your SegMint keys” -

    • Try to list your SegMint keys. (Keep your list prices low for testing purposes, example .0001 AVAX)

      • Use the “Free Market’ option for one set of keys. This option removes the potential for you to claw back your keys at a fixed price.

      • The “Buy-out” market empowers key sellers with the option to create Buy-out and Reserve prices for reclaiming their assets.

      • Video tutorial.

  • ✅Try to “Buy-out” another collection of keys!

🤔 What do the above features provide to users of the SegMint platform?

• You can create your very own NFT collection - For now, each NFT will have its own smart contract address, but in future weeks you will be able to create larger numbers of assets as part of the same collection and contract address.

• You can share ownership and access with friends! - Creating SegMint keys, allows you to share ownership of your underlying and locked assets with others. Each key uses the ERC-1155 standard and represents a fungible clone of your locked NFT.

• Buy SegMint keys from the marketplace - Explore SegMint keys created by other platform users. As the original owner, if you pay the Buy-out price per key, you can buy all of the keys back at a fixed price. Paying the Reserve price allows any user to buy-out the asset but at a price equal to or higher than the Buy-out price.

The feedback that we’re looking for:

• What do you think of the processes for minting an NFT? For creating keys? Are there specific elements that you think are vital for the Minting an NFT portion? Are they needed day 1 of launching SegMint?

• Can you describe any bugs you found? Please share any screenshots if you can.

• Related to the features – Are there any items that you don’t understand how they work? Features or mechanics that are not intuitive? Any process that you don’t like and or would like us to simplify ?

⚠️ Share your feedback:

Please send your feedback to Hello@SegMint.io. Please include any screenshots and your Ethereum web3 wallet address so that we know where to send your POAP for participation! You must be a current beta tester to qualify.

Join the waitlist today at SegMint.io

Disclosures:

NOT INVESTMENT ADVICE

Please note the author has invested in all NFT projects mentioned within this article.

Please note that SegMint may offer investment products that invest in the asset class(es) or industries included herein.

The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time and from time to time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities/financial instruments mentioned herein. The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.

In consideration of the receipt of non-fungible tokens (“NFTs”) from SegMint, you represent, acknowledge, accept and agree that: you received the NFTs as a gift from SegMint. You did not pay any consideration, monetary or otherwise, for the NFTs.

The NFTs are not an investment. Rather, the NFTs are digital memorabilia intended solely for entertainment purposes. As entertainment memorabilia given to you as a gift, the NFTs have no value and are not intended by SegMint to ever have any value. Neither SegMint nor anyone else will take or not take any current or future action that is designed in any way to maintain the value of the NFTs, or to cause their value to grow or increase. You must not attempt to obtain an NFT from SegMint if you view it as an investment.

As a condition of receiving the NFTs, you shall hold the NFTs for your own personal benefit, and you shall not act, and are not acting, on behalf of any other person or entity; except that, if you are an affiliate of an entity or person whose relationship or affiliation you have made SegMint aware of prior to your receiving the NFT, and SegMint consents to your receiving an NFT, you may receive an NFT. You shall not sell, assign, alienate, lease, lend, fractionalize, re-gift, convey or transfer in any way the NFTs (or any interest therein) to any other person or entity, even an affiliate. Any sale, transfer, assignment, or other action covered in the preceding sentence shall be void. You must not attempt to obtain an NFT from SegMint if you plan to sell or transfer it. The above content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this email constitutes a solicitation, recommendation, endorsement, or offer by the Author or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange fiat currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. Cryptocurrencies are not covered by either FDIC or SIPC insurance. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency.

Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.

Investors should conduct extensive research into the legitimacy of each individual cryptocurrency, including its platform, before investing. The features, functions, characteristics, operation, use and other properties of the specific cryptocurrency may be complex, technical, or difficult to understand or evaluate. The cryptocurrency may be vulnerable to attacks on the security, integrity or operation, including attacks using computing power sufficient to overwhelm the normal operation of the cryptocurrency’s blockchain or other underlying technology. Some cryptocurrency transactions will be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that a transaction may have been initiated.

·        Investors must have the financial ability, sophistication and willingness to bear the risks of an investment and a potential total loss of their entire investment in cryptocurrency.

·        An investment in cryptocurrency is not suitable or desirable for all investors.

·        Cryptocurrency has limited operating history or performance.

·        Fees and expenses associated with a cryptocurrency investment may be substantial.

There may be risks posed by the lack of regulation for cryptocurrencies and any future regulatory developments could affect the viability and expansion of the use of cryptocurrencies. Investors should conduct extensive research before investing in cryptocurrencies.

Information provided by SegMint is not intended to be, nor should it be construed as financial, tax or legal advice. It is not a recommendation to buy or sell an interest in cryptocurrencies.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future results.

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INVESTMENT RISKS

There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. NFTs are currently not considered a security, but in the event, they are, this newsletter will no longer continue to be distributed.

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