Global investment manager VanEck has entered the NFT space with the launch of SegMint, a new marketplace and digital assets platform.
Partnering with several other companies, VanEck aims to improve accessibility and security in the digital asset space through SegMint’s innovative “Lock & Key Model.”
This model addresses the challenge of sharing access and ownership of digital assets in a self-custody environment.
SegMint functions like a secure vault where users can store their digital assets and issue “keys” to others, granting them shared access and ownership without compromising security.
VanEck highlights several key features offered by SegMint, including a custom multi-signature wallet solution, NFT minting capabilities, and token-gated utility features, initially offered for free.
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SegMint initially targets crypto-native users familiar with blockchain concepts and interested in NFTs.
Early adopters who complete the verification process will receive a complimentary “Adventurer NFT” that allows participation in exclusive “quests” and grants additional benefits.
However, access to the platform is currently restricted and unavailable to residents or citizens of the United States. VanEck anticipates interest from users in Europe and Asia.
Looking ahead, VanEck plans to expand SegMint’s services beyond NFTs.
The platform aims to allow users to fractionalize ownership of tokens backed by real-world assets, such as real estate, luxury goods like Rolex watches, and fine wine.
Nevertheless, VanEck emphasizes that they will only allow the fractionalization of real-world assets through approved providers.
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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.