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Collector Labs Fractional Ownership NFTs

FINALLY, A NEW UTILITY FOR NFTs! 

A brand-new utility for the NFT market is emerging, pioneering this are Jersey & Bristol based collectibles business Just Collecting LTD with their new brand “Collector Labs”.  Not the standard art or generated NFTs, this concept puts the concept of blockchain and NFTs to good use. 

Just Collecting have recently launched a new business model that aims to put rare collectible items within the reach of everyone by utilising a unique fractional ownership model for Blockchain & NFTs.

The collectibles market is expanding as investors from all backgrounds seek safer havens and diversification for their capital, coupled with the current economic climate and inflation concerns this presents a growth opportunity for the collectibles market. 10% of the worlds high net worth individuals store their wealth in rare collectibles, which by nature are inherently scarce and ever diminishing due to loss through damage, destruction, and donations to museums. 

Just Collecting Ltd understand the rare collectibles market like nobody else.

the team has over a century of knowledge and experience, they have worked with everyone from novice collectors to the Smithsonian Museum.

Heres how it will work. An actual physical item will be chosen and then a corresponding collection of NFTs will be minted on the Polygon Blockchain and made available on OpenSea, each individual NFT will represent an ownership part or ‘share’ in the original physical item. For example, an item currently valued at $30,000 would be divided up into 300 NFTs at $100 each.  

There’s no limit on how many NFTs a wallet can purchase so if you want to take actual physical ownership of the item you can! along with a brand new shiny “Whole Item” NFT.

Every NFT will carry individual traits specific to the item and every NFT will contain ‘unlockable content’ which as well as the items full history will contain all the relevant provenance documentation, a certificate of authenticity and a legal ownership certificate that certifies you own a part of the actual physical item.  This has not been done before and is a great way to fully utilise NFTs

The NFTs will use USDC on the Polygon blockchain to ensure price stability and near zero transaction/gas fees, so these collections won’t be affected by volatility in Crypto Markets.

Buyers will be able to build up a portfolio of wide-ranging investment quality assets and NFTs will be tradable on secondary markets, Just Collecting Ltd. are an established company and have a large list of highly satisfied clients, they are able to draw upon vast experience and expert advice in this field.

For more info on how the landscape of NFTs is changing, upcoming launches, and future collections, follow Just Collecting on Twitter & join the Discord or Telegram socials.

For examples of some of the items that could become available soon browse the site at www.justcollecting.com