HENI is offering the ability to immediately purchase physical prints, or through the use of what HENI calls a “HENI Editions NFT Deed™”, to delay receipt of the print for 3 years. You can pass on your entitlement to the print through trading the NFT Deed™ thus giving a maximum of flexibility to collectors. We are happy to be at the forefront of providing innovative ways to collect, enjoy and trade art.
The HENI Editions NFT Deed™ is a new category of NFTs offered by HENI, which are different to NFT drops by artists, such as The Currency. These are utility NFTs provided by HENI which serve the specific purpose of delaying receipt of the physical and enabling ease of trading. There are no additional utilities or perks associated with this type of NFT.
You are able to use and trade your HENI Editions NFT Deed™ the same way as any other HENI NFT. You are able to trade the NFT on the dedicated HENI Marketplace, or bridge it to Ethereum using the Palm two-way bridge, and use it on other marketplaces such as OpenSea.
In order to redeem the HENI Editions NFT Deed™, your NFT needs to be on the Palm blockchain.