Why SNIB?
Enjoy the feeling of being organised.
Even the most organised people will enjoy the feeling of being able to update their inventory of assets at the click of a few buttons, add new assets on the way home after a shopping spree, present data professionally and concisely when selling items and in the very worst scenario, provide robust reports to insurers to demonstrate proof of ownership and worth.
Key Features
Store a record of all your physical assets in one place
Track PnL of individual items as well as portfolio wide
Store proof of valuation for appreciating assets
Demonstrate proof of custody
Realise best value at point of selling assets
Combine your digital and physical assets
Grant broker access to review your insurance portfolio
Sell or gift your vault record as part of an attractive asset sale proposal
Plan you legacy by consolidating prudent information about your assets, passwords for online accounts and end of life arrangements all in one place.
Within each record, you will be able to store:
Date of purchase
Purchase receipt
Photographs
Service / maintenance dates and records
PnL and RoI for appreciating items
and more …
Luxury brands are increasingly considering their products afterlife with a longer-term view to reducing their contribution to the waste stream, and promoting ethical disposal.
Brand led or partnered buy-back schemes are being adopted by major labels such as Gucci, Alexander McQueen and Burberry to name just a few, in response to consumer awareness and consumers expectations to see a shift in priority towards sustainability.
Removing doubt surrounding the authenticity of luxury assets plays a big role in facilitating circularity and that’s why the mechanism of storing an unquestionable chain of custody within SNIB, promotes the resale of unwanted luxury assets to ensure that vendors dispose at true value, and consumers purchase with reassurance.
Sustainability through a Circular Economy.
Why digitise on blockchain?
For the large part, SNIB users will be digitising non-fungible assets. That is, assets which can not be replaced by another asset of the same type. Think of a classic BMW 507 with authenticated provenance owned by Elvis. Only one will ever exist and Elvis is now hip-shaking in the clouds meaning the car is irreplaceable.
By using blockchain, your assets will be tokenised, offering you more liquidity should you need it, but even if you don’t, by increasing liquidity, owners of assets can also protect themselves from inflation by acquiring non-inflationary payments like limited-quantity tokens along with stablecoins that are backed by gold.
Digitising on the blockchain also offers greater transparency strengthening rights of ownership and creating tamper proof records of transactions.
01010011 01001110 01001001 01000010 00001010
SNIB plans to integrate into the leading reselling marketplaces to give you the flexibility to choose where you sell your assets for the best return.
Consumers buy peace of mind making the process of due diligence ahead of a purchase far easier.
Wish List - Spent years looking for a 1964 Mercedes Pagoda? Add it to your wish list and SNiB users who have one in their vault, will be discreetly notified that there’s a potential buyer out there. The user then has the choice to either contact you, or inform the system that it’s not for sale.