Check out the new coin: Collect on Fanable $COLLECT
Contract Address: 0x4B3D30992f003c8167699735F5Ab2831B2A087D3
So, what’s Collect on Fanable all about?
* You can store real collectibles in a secure Brinks vault while keeping proof of ownership on-chain.
* It offers a tamper-proof digital proof of ownership by verifying and linking each collectible to your wallet.
* You can trade anytime you want and track your portfolio in real-time, no delays with shipping or trust issues.
What should you know before jumping in?
* This is connected to a real marketplace that’s bringing physical collectibles to the blockchain, giving this token some solid real-world use.
* It's targeting a huge and expanding collectibles market where authenticity and transparency are super important.
* Designed for easy use by everyone, it has both crypto and fiat options, plus it offers rewards and future governance rights for token holders.
Quick Summary:
1. Tokenizing real collectibles
2. Brinks vault, on-chain ownership proof
3. Trade any time, keep track of value
For more details about Collect on Fanable, check this out.
Collect on Fanable (COLLECT) On-Chain Pokemon Cards & Collectibles
2 replies 267 views
paul.ninjaFull Member
Posts: 152 · Reputation: 539
#2Aug 31, 2022, 05:27 PM
Interesting idea in theory, "trade Pokémon like you trade coins", but you're basically swapping shipping risk for custody risk, so the real issue is who actually holds legal title to the cards while they sit in a vault, and what happens when something goes wrong.
I also took a quick look at the token itself, seems like it's a BEP-20 on BNB with a 3B max supply. Also verified source. It doesn't look like tax and/or blacklist shenanigans are going on, the entire supply is minted at deploy to a "vault" contract address, and the token contract has a standard owner with an admin "recover tokens sent here by mistake" function. Which is all fine, at first glance.
So, I guess, my question is: Can you show an actual proof of the Brink's partnership, what the insurance covers (and who the beneficiary is), what the redemption flow looks like across countries, and whether the "on-chain ownership" is legally enforceable or just a nice UI on top of a centralized warehouse?
I think they have already doing this like NBA there is site name like topshot where there is a pack and there is a cards being pulled on those packs, also panini if im not wrong if you purchase the NFT there is a equivalent in real world that they are going to give you if im not mistaken, so the concept is already into place, like a few years back, also there is a post in facebook where players rip an online pack in return they will get a card and its pokemon, i want the real one though because i'm able to touch it,