Bolster

Description

Bolster is a platform that offers NFTs, each with a stop value backed by luxury collectibles. Customers have the ability to redeem their NFT for the physical item, and Bolster ensures safekeeping of the physical item until redemption. Our NFTs grant legal ownership of a corresponding physical collectible, such as a rare bottle of whiskey or watch. When the value of the NFT drops below the market value of the physical collectible, there is an economic incentive to purchase the NFT in order to redeem the collectible. This can either drive the value of the NFT back up or provide an opportunity to acquire the physical collectible at a discounted price. Our physical assets are securely stored in specialized facilities that are tailored to the specific needs of each asset type. UK law protects ownership rights for the NFT holder. It is important to note that redeeming the NFT will result in it being permanently destroyed, or "burned," meaning the client will no longer have access to the digital asset but will instead receive the physical collectible. If the NFT is part of a collection, the client must own the entire collection in order to redeem them. Bolster is valuable because we are a trusted third party that carefully curates, filters, and authenticates physical collectibles. We store them in specialized facilities and provide the technical and legal services for them to be linked to an NFT or a collection of NFTs. This gives collectors peace of mind that there is real value behind their digital collectibles. For artists and NFT projects, we provide a unique offering that sets them apart and gives their collectors added confidence in the value of their NFTs by having physical assets rights attached to them.

X

https://twitter.com/nftbolster