Courtyard
Search…
Asset Redemption & Shipping

Can I redeem the physical asset associated with my NFT?

The redemption feature will be launched in the coming months. You will have the option to redeem the underlying asset represented by your NFT’s 3D model and its metadata.
In order to do this, you will need to go through our KYC process and provide shipping details/information. The NFT will be put in escrow until the item gets delivered to your address. Once the item is delivered, Courtyard will burn the associated NFT. In the event the same asset will come back into the Courtyard protocol, we will create a new NFT for that asset.
All the assets will be shipped via a trusted carrier and insured in transit. We will provide an estimation of the cost prior to confirming the redemption.

Can I get both my IRL asset and the NFT?

No. As long as a user keeps the NFT, Courtyard will keep custody of the physical asset in the vault. If a user decides to redeem the physical asset, we will burn the NFT.
Should a user want to re-create an NFT for an asset that has already been redeemed in the past, we would create a brand new NFT.

Can I already burn my NFT to get the asset shipped to me?

You will not be able to burn your Courtyard NFT by interacting directly with Courtyard’s smart contracts or by sending it to the null address. The redemption process, once available, includes some legally necessary procedures to follow on our website.

To which countries will you be able to ship the physical items?

Our secure storage partner Brink's is active in 150+ countries and has delivery partners in many of the remaining ones. Feel free to contact us if you have any concerns regarding the ability to ship to your country and location.

Do I need to pay fees when redeeming the NFT?

We are still finalizing our redemption process, which will be announced soon. Users who wish to redeem their NFT to receive the physical asset might have to pay a shipping fee and customs taxes depending on their country of residence.

How quickly can I get my product when I burn the NFT?

This will depend on your shipping location and country given the shipping distance and potential customs paperwork that might be required.
We will provide detailed information on the redemption process in the coming weeks.
Copy link
On this page
Can I redeem the physical asset associated with my NFT?
Can I get both my IRL asset and the NFT?
Can I already burn my NFT to get the asset shipped to me?
To which countries will you be able to ship the physical items?
Do I need to pay fees when redeeming the NFT?
How quickly can I get my product when I burn the NFT?