Overview

Monaco Market is a curated marketplace that uses non-fungible tokens (NFTs) and blockchain to safely and cheaply allow for the trade of investment grade collectibles. Our team curates collections of sneakers, handbags, watches, trading cards, memorabilia and fine art. Items are selected based on rarity, provenance, condition, desirability and cultural significance. Sellers are selected for outstanding sales history and reputation. We're partnered with industry leading authenticators for each type of collectible to ensure all items are genuine and accurately represented. Authentication partners include PSA and BGS for trading cards and memorabilia, RealAuthentication for handbags and watches, LegitGrails for sneakers, and Mearto for fine art. Monaco Market charges a 1.5% transaction fee when items are sold on Monaco Market using CollectCoin, all other tokens incur a transaction fee of 3%. A vaulting and storage fee will also be incurred at a rate of 0.005% per day, due when the item has been sold. Additionally, should you want to redeem your NFT, a redemption fee will be incurred. The redemption fees are all logistic related expenses including shipping charges, and any special handling charges. Any other local import duties may apply. You may purchase Monaco Market NFTs using accepted cryptocurrency by the sellers, use your credit/debit card with our fiat onramp, or use our cross-chain payment solution (coming soon) to spend a token of your choice. All items are insured for the full market value at the time the items enter the vault. In the unlikely event of loss or damage, we will reimburse the wallet holder of the NFT for the insured value. Insurance values are periodically updated. Redeeming NFTs on Monaco Market is a very simple process. Simply select the “Redeem” option on the NFT you want to redeem in your “My NFT” section. Fill out the Redemption Form including who and where we should send your collectible to, & pay the redemption fee.