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Frequently Asked Questions

FAQ's

What is a DOT?

DOT is a proprietary DOT format developed by Coinllectibles.Art providing a gold standard of rights and title of ownership of a digital asset connected to a physical asset.

How different is DOT from a regular DOT?

Within the blockchain, a regular DOT will only have one Uniform Resource Identifier (URI) link to Arweave.  Using a regular DOT, an artist would store their digital artwork within Arweave.  There is a limitation on how much information can be provided within a regular DOT, due to how its programmed.

For DOTs, we can include multiple information within the single URI link (i.e. contract, reports, image, etc.), thus making our DOTs more robust in capturing relevant information of the collectible items.

What am I exactly buying? What is included in the DOT?

You are buying BOTH the physical collectible item as well as the digital DOT.

The DOT will contain the following items:

  1. 3D scan of the item
  2. Appraisal report
  3. Legal contract between buyer and seller
  4. Past sketches and drawings by the artist
  5. Links to any media coverage of the item
  6. Record of past ownership of the DOT

Am I buying a whole collectible item or a fraction of it?

When you buy a DOT, you are buying the whole collectible item and not a part of it.  The DOT contains documents to transfer the relevant rights and title to the DOT buyer. Documentations has been prepared by our panel of lawyers.

What can I do with the digital copy of the collectible items?

As part of an immersive experience, we are working with game producers and other metaverse stakeholders to incorporate the collectible items as part of the online experience.  In short, this means that your online avatar could one day be wearing a collectible watch that you acquired from Coinllectibles.

How will my legal rights be protected? What if someone copies the digital image of my artwork?

A legal contract is embedded into the DOT.  Within the legal contract, there are terms of ownership and legal recourse available when third parties breach any copyright terms.

As the owner of a DOT, you will be able to take the necessary legal action (as per what has been stipulated in the legal contract) against those who breach your digital ownership rights.

How do I know that the piece I own is genuine?

Coinllectibles has access to a proprietary 3D technology – akin to the facial recognition technology used on your mobile phones.  Using the same technology, we will map out the 3D image of the item and store it in the DOT.

Whenever the DOT owner wants to take possession of the art piece, he will have to use the 3D image to match onto the item.  Just like how a positive facial mapping will unlock a handphone, a positive image mapping is needed as part of the authentication process.

Would we also make reference to the work done with the appraiser on the physical piece and the description placed on the DOT?

Does Coinllectibles provide an appraisal report for the art pieces?

Yes, each of our DOTs come with an appraisal report, which provides a price range for the item.

Where can I buy the collectible items and DOTs offered by Coinllectibles?

We normally sell our DOTs via major cryptoexchanges.  You can visit our “Collection Page” and the links to the DOT offers are available there. 

Can I sell the DOT and the physical item separately?

As the owner of the DOT, you can sell it however and to whomever you like.

However, our DOTs were intended to be jointly transacted.  If you decide to sell the DOT separate from the physical item, you may be in breach of some of the original legal terms or extinguish some of the legal protections that are in place.  Hence, you would have to seek your own advice on the legal implications. 

What is the range of collectibles do you offer?

We offer a wide range of collectibles items – such as art pieces, sculpture, watches, as well as other exciting areas to come.  In short, Coinllectibles will work with anything that has collection value.

How long can I leave the art piece in the gallery for?

You can leave your collection in our gallery for a maximum of ten years.  After that, you would have to take possession of the item.

Are you a marketplace?

We are not a DOT marketplace.  Our key focus is to help collectors and creators improve on the collection experience through our DOTs via the blockchain.

Do I have to use cash to bid for the DOT? Can I use cryptocurrencies?

You can you either fiat (i.e. cash) or cryptocurrencies to buy our DOTs.

I do not have a cryptocurrency account, but I am interested to buy your DOTs. What should I do?

You can email us at info@Coinllectibles.Art and one of our relationship managers will get in touch with you. Your DOT will be safely stored in our custodian wallet until your wallet is set up. 

How do I download and view my DOTs in my wallet?

Kindly follow the steps shown below: 

For further assistance, please contact info@coinllectibles.art. 

Can I resell my DOT?

Yes, as the owner of the DOT, you can resell it anytime you wish.

Where can I resell my DOT? Will Coinllectibles help me?

Yes, we would be able to help you.  You can list the DOT for resale in your MetaMall account and there would be a transaction fee of 8% payable to Coinllectibles.

I am an artist and I would like to sell my work via Coinllectibles. Can you help?

Yes, we can.  Email us at Info@Coinllectibles.Art and one of our curators will get in touch with you.

I am an investor, and I would like to invest in Coinllectibles. Who should I contact to find out more?

If you are interested to invest in Coinllectibles, you can email us at Info@Coinllectibles.Art.  One of our investment managers will get in touch with you.

I am a collector and I have pieces that I would like to sell via DOT. Can you help?

Yes, we can.  Email us at Info@Coinllectibles.Art and one of our curators will get in touch with you.

Who owns the 3D technology?

Xtreme Business Enterprises Ltd (XBE), the parent company of Coinllectibles, owns the 3D technology.

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