Introducing DualMint

DualMint
DualMint
5 min readAug 22, 2022

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The Future of Luxury Goods & Collectibles

It’s time to get PHYGITAL. Harnessing the power of web3, DualMint will transform the way high-value assets are traded. Through the Dual Provenance Protocol (DPP), individuals may safely mint physical assets into digital NFTs to create the next generation of secure transactions.

Introducing DualMint, a revolution in the secure trading of luxury goods and collectibles.

The current collectibles market size is estimated at over US$412 billion but is plagued by inefficiencies, such as high fees and market manipulation, as well as security concerns across transparency and authenticity. With an expansive ecosystem of services and advanced technology, DualMint offers a unique layer of trust, through expertise, to remove the current failings of the current and outdated systems.

An international team, across the collectibles and technology industries, has developed DualMint for a future of lower fees, price transparency, and generational wealth redistribution for the global marketplace.

For complete details please visit our whitepaper here, but for now, here’s a brief rundown on the what, why, and how:

WHAT IS DUALMINT:

DualMint is a platform where you can buy, sell, swap, track or fractionalize real assets, via digital NFTs, seamlessly and transparently within a closed loop ecosystem.

DualMint is the first platform to integrate real-world legal documents into smart contracts. Our protocol, DPP, ensures that each asset has been validated, authenticated, and stored securely, giving users complete peace of mind when bridging real assets to the digital world. The DPP is a guarantee of approval that the asset is real and exists under our custodianship, available for a secure and transparent transaction.

Our mission is four-fold:

Trust — To build a trusted network of established service providers anchored by Dual Legal Provenance of real-world assets that are represented as NFTs on the blockchain.

Reward — Offering multi-wallet, multi-tier passive rewards, through royalties, for introducing assets into our ecosystem to asset owners and collectors alike.

Value — Create more flexibility in traditional asset ownership through fractionalization, swapping, and collaboration.

Ecosystem — Establish a comprehensive environment where the user can connect with various reputable service providers in their area of expertise.

WHY ARE WE DOING THIS?

  • To establish a secure framework to safely trade real collectibles worldwide.
  • Reduce all costs related to trading luxury goods & collectibles
  • Protocol-focused to ensure transparency & authenticity of assets.
  • Bridge the redistribution of generational asset wealth

WHY WILL DUALMINT MAKE A DIFFERENCE?

  • Low fees & no minimums on trades
  • Legal provenance held securely on the blockchain
  • Expert appraisals for authenticity
  • Analysis of historical price data
  • P2P global marketplace
  • Counterfeit-proof technology linking NFT to real-world assets.
  • Ongoing passive revenue, through royalties, for asset owners & collectors

THE DUALMINT MARKET AND OPPORTUNITIES:

We break the market of tokenizable assets that are typically purchased by high net-worth individuals into collectibles, easily purchased assets such as fine spirits or art, and high-value assets such as real estate and yachts. The market is substantial and continues to rocket.

Who are we targeting?

A fundamental shift is happening in asset ownership and enjoyment across a multi-generation chasm. The older generation, “Boomers”, has collected incredible physical wealth, while the new generation, “Zoomers”, favor lifestyle enjoyment over wealth accretion.

NFTs allow assets to be traded freely with DualMint facilitating these transactions while ensuring authenticity. A way for the tech-curious boomer to unlock liquidity and connect them to zoomers in a modern and relatable model.

WHAT’S THE PROCESS?

Dualmint has four key phases of development to become the premier tool for minting real assets into NFTs.

  • Mint — The process of bringing real-world assets into the digital sphere
  • Swap — Enabling p2p swapping of NFTs from typically different asset class backgrounds. Encouraging community through an exchange.
  • Fractionalize — Releasing equity from real-world assets (Defi lending), choosing to retain ownership or create community-owned collectibles.
  • Collaborate — Changing the marketing world of collectibles forever. The long-term vision of “DUALMINT”.

Ecosystem and Services:

DualMint is not just a technology company; we leverage reputable brands and suppliers to help us authenticate, evaluate, track, and ship these assets anywhere in the world — safely and securely. Our services include:

  • Technology developers and integrators
  • Marketing
  • Secure QR code manufacturer
  • Logistics providers
  • Bonded warehouse facilities
  • Security
  • Insurance
  • Appraising / Underwriting
  • 3D Modeling/Rendering
  • Artists

As we move forward we will go into complete details across the entire ecosystem, for those that can’t wait please check our whitepaper here.

About DualMint:

It’s time to get PHYGITAL. Harnessing the power of web3, Dualmint will transform the way high-value assets are traded. Through the Dual Provenance Protocol (DPP), individuals may safely mint physical assets into digital NFTs to create the next generation of secure transactions. DualMint imagines a future of lower fees, price transparency, and generational wealth redistribution via expertise in a global marketplace.

Links:

Website / Telegram / IG / Twitter / Discord / Whitepaper

Email: info@dualmint.com

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DualMint
DualMint

Protocol-driven ecosystem for safely minting physical luxury goods and collectibles into digital twins held as NFTs on the blockchain.