Imagine a highly secure, guarded, temperature-controlled subterranean vault where your physical assets are safe and protected while you enjoy the upside of your asset-backed NFT. RareMint collectible assets come in all shapes and sizes and we needed a physical vault to secure them in a safe location. To give our complete focus on project development and building our community, we partnered with a private vault company that has specialized in protecting valuable assets for almost 40 years.
At conferences and events, people ask us “Where’s the vault?” Our answer is always the same; “It’s inside the earth, protected and secure. The location is private for that reason.” This article expands on our vaulting service that is always free to RareMint 1 of 1 asset owners.
Physical Assets Are Stored In the RareMint Vault
All RareMint physical assets represented by 1 of 1 Ultra Rare NFTs are stored in our highly secure vault. Vaulted assets are protected by armed security guards, state of the art security systems, and the vault area exceeds the U.S. Bank Protection Act Specifications. With a steel vault door weighing 6,000 pounds and steel reinforced walls and floor that are 12-inches thick, the vault facility is embedded in the earth and surrounded by steel, concrete and rock. The temperature, humidity, and lighting is consistent to ensure your assets remain in the same condition as when received.
Storage and insurance for the asset is factored into the price of the initial sale and a contribution is made from royalties earned on secondary sales to support ongoing costs. RareMint practices the highest standard of care to maintain, monitor, and manage the continued value appreciation.
Features of the RareMint Vault
The asset-backed NFTs facilitate owners to reap the benefits of their collectible through asset-backed NFTs while the physical asset is secured by the RareMint Vault.
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