Frequently Asked Questions

What is TENAMINT?

TENAMINT is a token based platform that makes it easy to purchase hard-to-find and sought-after sports cards. The platform allows people to invest in their favourite athletes sports cards through an easy-to-use website. Users can buy, sell, or hold tokens on the TENAMINT marketplace.

How does it work?

With TENAMINT, card owners now have the luxury of being able to sell fractions of their cards on our marketplace and earn long-term royalties through their collectibles. The seller can choose the exact percentage of the market value of their collectibles and issue that amount in the form of tokens on our marketplace. At that point, a card DROP takes place and the buyers are able to get in on the action. When those tokens are then traded on the secondary market, the initial seller will, in turn, receive a royalty on every single transaction related to their card.

Who owns the cards?

The cards are listed by their owners on the TENAMINT platform. Once the card is listed and approved, the collector releases a percentage of ownership for the card. That particular percentage will be made available for purchase by the users of TENAMINT. Cards submitted to TENAMINT are stored in our insured vault. Every purchased card token represents ownership of the card. Once the card is released on the platform there may be many partial owners of the card.

Where are the cards kept?

The cards are securely stored in a bank-style vault where the card is authenticated, insured, and appraised.

What types of cards do you offer on the TENAMINT platform?

TENAMINT offers a wide variety of cards including (but not limited to): NBA, MLB, NFL, NHL, F1, UFC, Tennis, Pokemon, etc. TENAMINT aims to list the most sought-after cards in the world. If you have a card you would like to list, click here.

Who are you guys?

TENAMINT is founded by childhood sports fans that never forgot what made them fall in love with the game in the first place. We at TENAMINT have an authentic passion for the world of sports and sports collectibles. After years and years of keeping up with the hobby on a casual level, our founders had the ground breaking idea to revolutionize their favourite pastime forever. With that idea came TENAMINT, the first ever royalty-generating digital marketplace where fractional card tokens of the rarest cards can be bought and sold in real time.

How are the cards selected?

Cards are submitted by collectors and selected for listing by TENAMINT. All card factors are considered, including but not limited to: athlete, condition, rarity, and popularity

I have an asset I think would be a great fit for TENAMINT — can I list it on your site?

Of course! If you have a card that you think would be a great fit for TENAMINT, register today to submit a card to be listed.

How do I invest?

Once a card is listed on TENAMINT, you can join the DROP to purchase card tokens of the card. Each card token is worth a set amount at the time of the drop and may increase/decrease in value over time. The price is set by an appraiser, in addition with TENAMINT and the collector listing the card. Once the DROP is complete. The card will be placed on our secondary marketplace where buyers can buy and sell card tokens in real-time.

Who can invest?

At this time we are currently accepting users for our beta. Sign-up to get registered to be amongst the first to use TENAMINT. Note: It is our goal to open TENAMINT up to as many people as possible - at this time we are only accepting users over 18 from USA and Canada. If you don't currently meet those requirements, you can still sign-up for email notifications here and we will keep you updated on everything TENAMINT.

Can I invest from outside the United States?

At this time, TENAMINT is only available to individuals with a United States and Canada In the United States the following information is required to make a purchase on TENAMINT: SSN, bank account, identification, and an address within the contiguous United States. In the Canada the following information is required to make a purchase on TENAMINT: SIN, bank account, identification, and an address within Canada We’re committed to making TENAMINT available for as many users as possible around the world, and will be sure to keep you updated on our progress here.

If I invest, can I see the cards?

All cards on the platform will be photographed and displayed on the website. All cards on TENAMINT are graded and so the condition is confirmed by an industry trusted grader. Lastly, authenticity and confirmation of grade is confirmed by a third-party before being admitted into the TENAMINT Vault.

How can I update my address?

You are able to change your address on the personal information section of your profile.

What are some key terms & phrases I should be familiar with?

The DROP: The first time a card is being offered as an investment on TENAMINT.
Marketplace: The secondary marketplace where cards can be purchased and sold in real-time (after they have already been through the DROP period.)
Scheduled Cards: Cards that are going to have a DROP in the near future. Check-out the release schedule here.
Owned Cards: Your current holdings. Once you have made an purchase, your card tokens will show up in your profile/portfolio section.
Royalties Earned: The amount of royalties earned from secondary marketplace sales of a card that you initially listed on TENAMINT.
Bid: A purchase request for a card token at a particular price. This will only be executed if there is an equivalent ask.
Ask: The requested sell price by a card owner.
Sold Tokens: A card token that you have sold. Details on this can be seen in your profile/portfolio page.
Comparable Card: Similar cards cards that may help you determine the value of a card. These values are simply opinion-based comparables and are not guaranteed values.

How can I make money on TENAMINT?

TENAMINT is built for collectors. We want to allow people to build collection of their favourite athletes and their respective cards. When collectors list a card on TENAMINT they earn the initial DROP value of the card back. Additionally, every time the tokens of a card you listed on TENAMINT is sold on the secondary marketplace, you can earn 2.5% of every sale in the form of royalties. The possibilities are endless if you are a collector looking to put your cards on TENAMINT Buying and Selling card tokens as they increase in value can lead to positive returns on your initial investment. You can withdraw these returns or re-invest them in other DROPs or on the marketplace.

What are the risks?

The value of a card can increase or decrease based on a variety of factors. These factors effect card and card token prices. It is important to know that these factors are mostly out of the control of you and TENAMINT. Some of these variables include but are not limited to: Player Performance, Popularity, Rarity, Card Population, Market Liquidity, and other market trends.

How can I sell my investment?

You can sell your card token on the marketplace once the initial DROP has concluded and trading has opened on the marketplace.

Can I buy card tokens even if I missed the DROP?

Yes, of course. You can buy card tokens on the marketplace even if you miss the initial drop.

Why didn’t my BUY or SELL order clear?

In order for your buy or sell order to be succesful, there must be a corresponding order looking to perform the opposite request. You can see the ask/bid price of any given card and set yours accordingly to have the best chance of it being executed.

Do I need to be an accredited investor to invest?

No. Unlike many other alternative investments, we do not require our users to be accredited investors.

Are there fees to Buy or Sell card tokens?

There are no fees when you list a card on TENAMINT or when you buy card tokens during the DROP. When a card token is purchased on the secondary marketplace there is a 5% fee that is split between the initial collector who listed their card and TENAMINT. This fee allows us to keep the platform running and attract new collectors to the marketplace.

How do I pay for my investments?

TENAMINT currently accepts VISA, MasterCard, and American Express as a payment method. We will soon plan to accept alternative payment methods such as bitcoin and ethereum.

Are the cards secure & maintained?

Every card hosted on TENAMINT is stored in a bank-style vault that is fully secured and insured. We consider card security, authenticity, and maintenance core to our business at TENAMINT.