Ownership instrument

Ownership Terms.

Terms for the XRPL title deed connected to WEMBY-GTCUT4-0001.

Asset ID
WEMBY-GTCUT4-0001
Deedcords Serial
102224591
Item
Nike G.T. Cut 4 Victor Wembanyama
NFT ID
0018000012E77CD32B8B791CF0A8D52F0192B1EBDABB95B6D65DDB6B0617D2CF
The XRPL NFT tied to this asset acts as the digital title deed. The current NFT holder has ownership rights to the physical collectible, subject to these terms and successful ownership verification.

Title relationship

The XRPL NFT represents ownership rights to the physical collectible described by the certificate, metadata, and evidence package.

Owner-issued attestation

The original owner attests that the physical asset exists and was represented accurately at minting.

Transfer rule

When the NFT transfers, ownership rights to the physical collectible transfer to the new NFT holder.

Redemption rule

The physical item is redeemable by the current NFT holder after wallet ownership and shipping details are confirmed.