We build your Digital Twin that consists of a physical product and its digital counterpart – an NFT. Fine jewelry in itself is a highly collectible form of art, and the authentication and tradeability of NFTs resolves the traditional pain points for collectors. Since a Digital Twin NFT is also asset-backed, a collector can simply exchange their token for the physical jewelry piece. During this transaction, the NFT is updated to serve as a digital certificate of redemption and can continue to highlight provenance of the product as the piece is passed down to family, friends or resold.
NFTs are governed by smart contracts and powered using blockchain technology, enabling brands and buyers to track ownership at every point of sale.
The redemption window for physical jewelry seamlessly matches demand with supply. Today, over 180 million tons of toxic waste is dumped from mines every year – lets reduce our footprint. No more overproduction and waste.
NFTs are limited and unique, well poised to eliminate the likelihood of counterfeit products. NFTs are perfect for Digital Twin, because they capture everything about the product. A blockchain’s immutable, public, and distributed nature is the future of record keeping.
Ownership of a NFT represents an “IOU” of the jewelry item, which can be traded freely online. Brands can also earn in perpetuity with royalties from secondary sales. Forget the hassle of re-selling items…trade your NFT before our physical redemption window closes.
Jewelry pieces sold through Digital Twin’s NFT marketplace are authenticated, this means everything is on the Ethereum blockchain and you can track ownership all the way back to the jewelry brand itself. Additionally, these NFTs are asset backed by fine jewelry, which have a long and stable history of overall investment value with the appreciation of its materials. At Digital Twin, we transform fine jewelry through curation, story telling, and discovery of pieces in their digi-physical form.
Digital twin by definition means a physical object that shares its data with the digital copy. At Digital Twin, we are looking to bridge the physical and digital worlds through fine-jewelry, one of the most collectable forms of art. We highlight unique one of a kind jewelers around the world and bring them onto the blockchain.
Our mission is to discover unique artisans and uplift jewelers around the world. We aim to protect the value, authenticity, security and provenance of their creative work. Digital Twin supports sustainability by removing the need for upfront production. Demand will be perfectly matched with supply during the NFT minting window…no more over production. Every jewelry NFT drop will also incorporate social impact with a donation to a specific cause.
It is our mission to give back through the power of web3. Digital Twin incorporates a social cause to every NFT jewelry drop. We work with every jeweler to determine what social cause has the most meaning to them. At least 5% of the economics on any drop will go towards social impact.
Set up your Digital Wallet to get started. We recommend following this guide here. A customer can purchase an NFT in three ways: 1. A direct purchase using your digital wallet 2. A fiat purchase using a credit card through MoonPay. 3. By appointment through our concierge service.
If a collector seeks to redeem their physical jewelry piece, they can claim their item(s) during a physical redemption period established with the initial drop. Upon redemption, the user’s NFT is upgraded to a digital only version. The collector receives the rare physical jewelry piece, which is delivered to their personal address of choice. If you do not redeem your NFT during our redemption window May 12th – June 12th, the NFT is no longer asset backed and solely exists digitally.
If a collector seeks to redeem their physical jewelry piece, they can claim their item(s) during a physical redemption period established with the initial drop. Upon redemption, the user simply burns the asset backed NFT which removes it from the ecosystem and receives a digital only version of the jewelry NFT. The collector receives the rare physical jewelry piece, which is delivered to their personal address of choice. If you do not redeem your NFT during our redemption window May 12th – June 12th, the NFT is no longer asset backed and solely exists digitally.
Digital Twin works directly with the fine-jewelry brands to provide shipping details of physical products. Each jeweler abides by their own shipping and handling policies to fulfill orders. Our redemption process meets customer demand with exact supply – this means your order will be manufactured upon redemption. You will receive the physical asset within 8 weeks of the redemption window. Sustainability is at the core of our business, these products are not only built to last a lifetime, but are also made to order to ensure no overproduction and waste of precious materials.