Dear Future Whales,
In today’s note, I take a step back and reflect upon the Porpoise, err purpose of Blubber notes. To this point, the goal of this newsletter has been to educate BN readers and NFT community members on web3 use cases, share my favorite projects, and, of course, keep you updated on important project Alpha.
However, there is BIG news to share!
Topics:
A Long-term vision for the NFT Community
About SegMint
Sign up for the waitlist! (Reserve your place in line)
A long-term vision for the NFT Community
I’ve contemplated what direction to take you as a reader and supporter. “Where am I leading the NFT community and my subscribers?”
When I reflect on what we can do and what’s in my control, I believe it’s in developing a longer-term vision that provides true value to anyone who wants to be a part of something innovative, maybe even a movement, or at least the web3 version of one.
AND…?
Going forward, I’ll continue with the blubber notes newsletter but will also be charting a course towards a new and innovative crypto-native platform that will be community-centric and will solve liquidity issues in the space.
The name of this platform is SegMint. It’s been months in the making; 4 smart contracts have been developed, a working MVP, and all are expected to launch in Q3. The platform solves current problems related to fractionalizing assets and trustless ownership, starting with NFTs.
In addition to my current role, I’ll shift much of my attention to getting SegMint ready for a Q3 launch. So don’t worry, I’m not leaving you, but instead, I hope you’ll join me on this journey.
About SegMint:
Current options in the web3 space for fractionalizing assets or better explained as redefining how we view access to high-quality projects for the masses, have several faults. I won’t pick on any names in particular as they have pioneered the way to this point, but there are issues related to custody, airdrops, liquidity, and access. All are solved with SegMint.
It’s also worth noting that unlike any project I’m familiar with and more closely associated with a DAO, the hope is that community ideas will drive this platform, that you will be a stakeholder, be involved in decision making and have a form of ownership through a native, utility/governance token.
Above all else, and vital to our success, is to leverage my TradFi experience to champion the asks and wishes of our U.S. Regulatory and law enforcement agencies. This full power of this platform’s will be initially available ex-US but ideally will become a model for others to follow. Participants in the U.S. will likely still have access to important features at the start.
Would you like to be apart of this?
A Simple, Current Roadmap →
Alpha/Beta testing End Q1/Q2
Launch Q3/Token Claim Event
Claim rewards/Additional Features
Community centric platform. The community will shape out path forward.
What about Blubber notes?
You should still expect to receive my weekly newsletter with project Alpha, featured projects, the best podcasts, and more, in addition to updates on the SegMint platform.
I'd love to meet if you have a project or collection that you think should be involved with SegMint. Send me a note to matt@segmint.io
Authored by Matt Bartlett, CAIA. Follow Matt on Twitter @MattBartlett
NOT INVESTMENT ADVICE
Please note the author has invested in all NFT projects mentioned within this article.
Please note that SegMint may offer investments products that invest in the asset class(es) or industries included herein.
The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time and from time to time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.
This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities/financial instruments mentioned herein. The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.
In consideration of the receipt of non-fungible tokens (“NFTs”) from SegMint, you represent, acknowledge, accept and agree that: you received the NFTs as a gift from SegMint. You did not pay any consideration, monetary or otherwise, for the NFTs.
The NFTs are not an investment. Rather, the NFTs are digital memorabilia intended solely for entertainment purposes. As entertainment memorabilia given to you as a gift, the NFTs have no value and are not intended by SegMint to ever have any value. Neither SegMint nor anyone else will take or not take any current or future action that is designed in any way to maintain the value of the NFTs, or to cause their value to grow or increase. You must not attempt to obtain an NFT from SegMint if you view it as an investment.
As a condition of receiving the NFTs, you shall hold the NFTs for your own personal benefit, and you shall not act, and are not acting, on behalf of any other person or entity; except that, if you are an affiliate of an entity or person whose relationship or affiliation you have made SegMint aware of prior to your receiving the NFT, and SegMint consents to your receiving an NFT, you may receive an NFT. You shall not sell, assign, alienate, lease, lend, fractionalize, re-gift, convey or transfer in any way the NFTs (or any interest therein) to any other person or entity, even an affiliate. Any sale, transfer, assignment, or other action covered in the preceding sentence shall be void. You must not attempt to obtain an NFT from SegMint if you plan to sell or transfer it. The above content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this email constitutes a solicitation, recommendation, endorsement, or offer by the Author or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange fiat currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. Cryptocurrencies are not covered by either FDIC or SIPC insurance. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency.
Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.
Investors should conduct extensive research into the legitimacy of each individual cryptocurrency, including its platform, before investing. The features, functions, characteristics, operation, use and other properties of the specific cryptocurrency may be complex, technical, or difficult to understand or evaluate. The cryptocurrency may be vulnerable to attacks on the security, integrity or operation, including attacks using computing power sufficient to overwhelm the normal operation of the cryptocurrency’s blockchain or other underlying technology. Some cryptocurrency transactions will be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that a transaction may have been initiated.
· Investors must have the financial ability, sophistication and willingness to bear the risks of an investment and a potential total loss of their entire investment in cryptocurrency.
· An investment in cryptocurrency is not suitable or desirable for all investors.
· Cryptocurrency has limited operating history or performance.
· Fees and expenses associated with a cryptocurrency investment may be substantial.
There may be risks posed by the lack of regulation for cryptocurrencies and any future regulatory developments could affect the viability and expansion of the use of cryptocurrencies. Investors should conduct extensive research before investing in cryptocurrencies.