The SegMint platform aims to redefine and revolutionize digital access and ownership. This platform will make it possible for everyone to own a piece of their favorite NFTs without compromising on ownership or authenticity.
Topics:
What is Fractionalization?
SegMint: Digital Ownership Reimagined
Alpha Test: Join the waitlist!
Fractionalizing NFTs can unlock market liquidity by allowing users to divide their assets into smaller, more manageable pieces. It also creates a secondary market for NFTs, allowing buyers and sellers to trade in smaller increments and access a wider range of prices.
By allowing users to trade smaller fractions of their NFTs, the liquidity of the market increases, allowing more buyers and sellers to interact with each other and increase trading volumes.
This also creates more efficient price discovery and reduces the risk involved in trading NFTs, as users can diversify their portfolios by trading smaller amounts of NFTs.
To this point, there have basically been two primary methods or schools of thought for Fractionalizing NFTs.
Option 1) A platform creates a security offering from a high-value collectible. They follow a subscription period and sell ERC-20 (fungible tokens), equating to a percentage ownership in that collectible and possibly others.
Option 2) A decentralized platform allows users to fractionalize their own NFTs. Users provide additional liquidity in the form of cryptocurrency such as ETH or USDC to create a trading pair so the tokens may trade on various exchanges.
With option 1) Only the platform can fractionalize their assets, and any potential airdrops due to that NFT are directed to a vault owned by that platform.
With option 2), You’ve already committed a high-value asset to be fractionalized, but now you have to add additional liquidity for improved trading of the tokens. Similar to option one, the asset is held in a separate vault.
All said, these existing platforms have led the way to this point. Certain “Option 1” platforms for fractionalizing assets have the U.S. Securities registration portion down to a science. So, what can be improved upon?
An entirely new way to think about Fractionalization is called “SegMint” This concept represents a third or new business model for redefining digital asset ownership in web3 without users having to make sacrifices.
With SegMint, users can fractionalize or SegMint their NFTs. No additional liquidity is needed; the best part is that the underlying assets are held in the original owners' wallets, in their custody, through an innovative locking mechanism.
The SegMint team has created 4 unique smart contracts that make the above possible. We have tested them extensively, but we want users to get their hands on the tool and give feedback on how we can improve it for the end user, you!
Testing is work. For users who want to participate in the Alpha, there is no upfront promise for anything except that there will be lots of calls and feedback needed.
You will be given early access to the tool, which will shape its functionality, and if we can deliver more value before, during, and after launch, then we will!
If you are interested in participating in the Alpha/Beta test periods, then fill out the application below.
Applicant Criteria:
You may be subject to KYC/AML requirements in the future. Part of the testing will be to get your feedback on flow related to KYC/AML and user onboarding roadblocks.
Have a pre-established Web3 wallet and have bought, sold, and minted at least one NFT in the past.
U.S. users will have limited functionality during our phase one launch but will have full testing capabilities within our closed system.
You will agree to keep the Alpha/Beta testing elements confidential.
Approval will be a manual process, and not all candidates will qualify due to user constraints.
To learn more about SegMint and for waitlist sign-up visit SegMint.io
NOT INVESTMENT ADVICE
Please note the author has invested in all NFT projects mentioned within this article.
Please note that SegMint may offer investments 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.
All Content in this note is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the email constitutes professional and/or financial advice, nor does any information in the note constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. The Author is not a fiduciary by virtue of any person’s use of or access to the Site or Content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the Site before making any decisions based on such information or other Content. In exchange for having access to this newsletter, you agree not to hold the Author, its affiliates or any third-party service provider liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the email.
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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