FREQUENTLY ASKED QUESTIONS
1.
What is an NFT?
2.
What is the point of an NFT?
3.
What is blockchain?
4.
What are gas fees?
5.
What is a crypto wallet?
6.
Why is mintNFT’s video provenance important?
7.
What is the Flow Blockchain?
8.
How are all parties being environmentally conscious in this collaboration?
9.
What are the important dates and times?
10.
How do I buy a Barbie x Balmain NFT?
11.
Can I cancel a bid?
12.
When will the NFTs be minted?
13.
When will the NFTs be transferred to my wallet?
14.
When will I receive the physical Balmain items?
15.
What is Mattel Creations / mintNFT / Balmain?
16.
What is a Barbie x Balmain NFT?
17.
Why should I attend the Balmain x Barbie & Beyond with mintNFT – Virtual Panel?
18.
How do I register for the Balmain x Barbie & Beyond with mintNFT – Virtual Panel?
19.
Customer Service
1.
What is an NFT?
Non-fungible tokens (NFTs) are tokens that we use to represent ownership of unique digital assets that are verified by the blockchain. Proof of ownership over NFTs drives its demand, scarcity, and uniqueness. Anyone can own a copy of the Mona Lisa, but only you own the original.
2.
What is the point of an NFT?
NFTs are not just about ownership. Creators can provide NFTs with utility, royalties, roadmap, physical merchandise, charity aspects, unique experiences, and much more. NFTs are the gift that keeps on giving - they are the social and economic bridge between community and content creators.
3.
What is blockchain?
A blockchain functions similar to a ledger because it stores, verifies, and records all transactions. Users can trace ownership of the NFT back to its creator to verify its origins.
When you purchase an NFT, what you have actually purchased isn’t just the asset file itself, but a digital certificate of authenticity that says in code: "X user has transferred ownership of this file to me on this date for this much money" like a receipt set in stone, which makes the blockchain almost impossible to delete, duplicate, and hack.
4.
What are gas fees?
Gas fees are the costs associated with the computational efforts and resources necessary to execute transactions on the Ethereum blockchain.
5.
What is a crypto wallet?
Imagine a digital bank vault. A crypto wallet is where you can send, receive, and store digital assets like cryptocurrencies and NFTs.
You are given two very important keys to this vault: a public key and a private key. The public key is your "wallet address" and it allows you to receive cryptocurrency transactions. You can send it to anyone without worry because only the private key can unlock the transactions. Never share the private key or "password" to anyone because it is used to verify your identity and that you are the owner of the wallet.
6.
Why is mintNFT’s video provenance important?
Along with blockchain technology, mintNFT offers additional layers of provenance for NFTs through video. First, a video link telling the story behind the NFT is attached to the NFT itself, assuring buyers of its authenticity. The recorded video is permanently linked to the NFT even in the secondary market, which also helps perpetuate the NFT’s popularity and marketability. Second, mintNFT hosts a virtual event promoting the NFT auction, and the recorded highlights from the event can constitute the video provenance attached to the NFTs.
mintNFT’s patent pending process is so important to reduce the possibility of buying fake NFTs and give the credit that artists deserve for their hard work.
7.
What is the Flow Blockchain?
Flow is a secure, high-performance, and decentralized blockchain created by Dapper Labs, the Canadian company behind NBA Top Shot and CryptoKitties. Flow leverages an environment-friendly design via proof-of-stake that consumes thousands of times less energy than proof-of-work blockchains like the Ethereum network. Learn more about the Flow blockchain at onflow.org.
8.
How are all parties being environmentally conscious in this collaboration?
The Barbie NFTs are built on the Flow blockchain, which uses a proof-of-stake design that replaces computational power with currency power to validate cryptocurrency transactions, therefore significantly reducing the blockchain’s overall ecological footprint.
9.
What are the important dates and times?
Auction opens: January 11th 9am PT
Auction closes: January 14th 12pm PT
Digital virtual event: January 11th 5 PM PT
10.
How do I buy a Barbie x Balmain NFT?
Buy Crypto - Purchase cryptocurrencies with funds from your bank account or credit card using a crypto exchange service like Coinbase or Binance. Bids and payments in this NFT sale can be made in: Bitcoin (BT), Ethereum (ETH), Dogecoin (DOGE), Fantom USD (FUSD), and Flow.
Setup Wallet - Choose your wallet based on which cryptocurrency you'll be using. For example, if you wish to purchase the Barbie NFTs with Flow, you'll need to set up a wallet compatible with Flow like Blocto. Here’s a list of wallets you can use.
Transfer Funds - Transfer the cryptocurrencies from your Coinbase or Binance account to your wallet by following their withdrawal instructions.
You are now ready to buy and pay with your wallet!
11.
Can I cancel a bid?
No, you cannot cancel a bid. However, all bidders excluding the winners will be refunded minus gas fees.
12.
When will the NFTs be minted?
The Barbie NFTs will be minted on January 6th 2022.
13.
When will the NFTs be transferred to my wallet?
The Barbie NFTs will be transferred to your wallet by midnight January 14th PT.
14.
When will I receive the physical Balmain items?
Mattel Creations will contact the winning bidders via email or mintNFT portal to request a shipping address. The item(s) will be shipped within 90 days.
15.
What is Mattel Creations / mintNFT / Balmain?
Mattel Creations is an e-commerce and content platform that features curated NFTs for auction; highlight creator collaborations, past and present; and offer a peek into the creative process. This is a global platform that offers Mattel’s brands like Barbie as a canvas to the most innovative creators of today and tomorrow.
Balmain is a French luxury fashion house founded in 1945 by Pierre Balmain, who introduced his "New French Style" that offered a distinctly fresh, bold and feminine conception of haute couture. Under the decade-long leadership of Creative Director Olivier Rousteing, Balmain has been inventively building upon Pierre’s legacy while remaining grounded in its rich Parisian heritage.
mintNFT is a premium studio & marketplace for non-fungible tokens (NFTs) that makes collecting NFTs simple, safe and social. The company is focused on delivering an unprecedented experience for users with unique features such as exclusive digital events and a new patent-pending video provenance for NFTs.
16.
What is a Barbie x Balmain NFT?
The unprecedented partnership includes three one-of-a-kind Barbie and Ken avatars that will be sold through Mattel Creations at an online auction hosted on mintNFT, guaranteeing buyers a unique place in fashion history as it moves into the virtual realm. Each avatar will be complemented with a one-of-a-kind physical set of Barbie-sized Balmain pieces, creating a totally unique digital and physical art collection.
17.
Why should I attend the Balmain x Barbie & Beyond with mintNFT – Virtual Panel?
The virtual panel will feature Txampi Diz (Chief Marketing Officer of Balmain), Richard Dickson (President at Mattel/Barbie), and James Sun (CEO of mintNFT). Attendees will have the opportunity to submit questions to the panelists and learn more about this exciting and historic collaboration.
That’s not all - every registered attendee will receive a free Barbie NFT and early-access to mintNFT’s upcoming collaborations and events. The free Barbie NFTs will be dropped into your wallet within a few minutes.
18.
How do I register for the Balmain x Barbie & Beyond with mintNFT – Virtual Panel?
1.
Sign up for Barbie Virtual Q&A on Mattel Creations by inputting your email
2.
Verify your email by inputting 6 digit code
3.
Register for mintNFT
4.
Login to mintNFT
5.
Receive ticket NFT to the event
19.
Customer Service
mint-nft
minting special moments
Home
About Us
FAQs
support@mintnft.io
1.805.991.7132
Los Angeles, CA USA
© MINTNFT, Inc. 2022 Copyrights. All rights reserved.
Privacy & Policy
Terms
Cookies
Purchase Conditions
Privacy & Policy
Terms
Cookies
Purchase Conditions