Frequently Asked Question
What is a crypto wallet?
A digital wallet that enables the trading and storage of cryptocurrencies. It is protected by a private key and allows for the management and transfer of assets on the blockchain.
How are proceeds distributed upon sale?
The proceeds from the sale of coins will be transferred to the registered payment address on your My Page.
What are rare coins?
Rare coins are coins that date back over 100 years, often to ancient times and are no longer in circulation. These coins have been collected for generations and are highly valued as rare tangible assets, especially by collectors and wealthy investors.
Why invest in rare coins?
Rare coins represent one of the world's oldest forms of investment. With a limited and decreasing supply, coupled with growing demand, these coins have consistently appreciated in value over the years. Investing in rare coins can be a secure way to diversify your portfolio with a tangible asset that has historical significance and intrinsic value.
What is a Dual Asset Token (DAT)?
A Dual Asset Token (DAT) is a digital token issued by OpenCoins that represents fractional ownership of a rare coin. Each DAT is synchronized with a physical coin, ensuring that every digital token has a tangible counterpart, providing transparency and value to the investment.
Is there a minimum investment amount?
Yes, the minimum investment amount depends on the value of the coin being tokenized. For example, you could purchase a share of a $10,000 coin for as little as $100. This flexibility allows investors to participate in the rare coin market according to their budget.
Why is the demand for rare coins increasing?
The demand for rare coins is increasing due to their historical significance, limited supply, and the growing interest from collectors and investors. Over the past decade, the collector and investor population has grown from around 3 million to over 5 million globally, further driving the demand for these rare assets.
How does OpenCoins ensure the authenticity of the coins?
OpenCoins partners with experienced dealers and experts who have over 10 years of experience in rare coin collection and investment. Our team uses established procurement routes and expertise to acquire and verify the authenticity of every coin we tokenize.
Can I own a physical coin through OpenCoins?
Yes, if you have a favorite coin and the budget to spare, you can purchase an entire physical coin individually through OpenCoins. This option is available for investors who prefer direct ownership of the tangible asset. Please reach out to us.
How does OpenCoins differ from traditional coin investment?
OpenCoins leverages blockchain technology to offer a modern, accessible way to invest in rare coins. By tokenizing these coins, we provide fractional ownership options, making high-value coins accessible to a broader range of investors. This approach contrasts with traditional coin investment, where ownership typically requires significant capital and knowledge of the market.
How does the value of my investment change over time?
The value of your investment can appreciate over time as the demand for rare coins continues to rise, while the supply remains limited or decreases. Historically, the coin industry has shown consistent appreciation over the past 27 years, making it a potentially lucrative long-term investment.