Phygital Trades
To start, look at the very top of this page and see the 3 tabs ‘Description, Buyer, Seller’. A buyer must go to the Buyer tab and a seller must go to the Seller tab for a phygital trade (both NFT and Physical Print) in exchange for the currency both agreed to trade with (currently either XRP or SGB). This page is best viewed and understood on desktop and not on mobile devices.
Physical Mint Fee
For the physical print, Buyer will be required to send a separate payment over to JL to cover the print and postage costs of 100€ (includes VAT). JL will send a payment request to Buyer at the end process. Buyer will receive a tracking number once their package is in transit.
Service Fee
There is a service fee for processing this transfer. The fee is required to pay for the time and preparation of each new physical mint, removing the previous owners print from circulation along with updating the authenticity database.
The service fee varies based on the total value in EURO (€) of the offer at time of transfer to the JL wallet.
Please Note: This service is not available for agreed offers that amount to below €200. Below are the service fee brackets based on the offer:
- 20% service fee €200 – €500
- 15% service fee €500 – €1000
- 10% service fee €1000 +
Buyer
Agreement
Once both have come to an agreement on our Discord, both Buyer and Seller fill in the transfer ownership form.
Seller
Complete Buyers Form
Enter all the required information in the Buyer form at the top of this page and await an email from the official email address: contact@jonnylawrence.com (allow 2 business days). JL will send the relevant crypto wallet address to send the amount to.
Complete Sellers Form
Enter all the required information in the Seller form at the top of this page and await an email response from contact@jonnylawrence.com (allow 2 business days). The email will contain an address to transfer the NFT.
Send
Buyer sends the amount agreed with the seller to the JL Wallet found in the email and the Physical Mint Fee (sent from contact@jonnylawrence.com). The service fee is applied based on the fee bracket of the transfer in € EURO.
Send
Seller sends the NFT the buyer requested to the JL Wallet supplied in the email sent from contact@jonnylawrence.com
Notify
Buyer notifies when the cryptocurrency amount has been sent to the JL Wallet.
Notify
Seller notifies when the NFT has been sent to the JL Wallet.
Confirmation
JL confirms to the Buyer that the agreed NFT is in the JL Wallet.
Confirmation
JL confirms to the Seller that the agreed amount is in the JL Wallet.
Mint
A new print and a unique certificate of authentication is created by JL and sent to Buyer.
Burn
Seller is required to cut their print and certificate of authentication in half and send photo evidence of both pieces. Seller will also need to sign, scan and send the trade agreement that was sent with the print. If lost, a digital version will be sent over. Please send all required images and documents to: contact+burn@jonnylawrence.com
Asset Transfer
The NFT is transferred from the JL Wallet into Buyer’s wallet.
Asset Transfer
The cryptocurrency is transferred from the JL Wallet to Seller’s wallet.
Trade Complete
After this process, the ownership of the Physical Print is successfully transferred. The previous owners print and certificate of authenticity will be void.