OpenSea Backed ‘Americana’ Vaulting Platform Now Open to Public

• OpenSea and 776, the venture capital company are Americana’s backers.
• Americana enables the digital display, sharing, and trading of physically vaulted assets.

The vaulting platform Americana is becoming increasingly accessible to the general public. The business, which began as a local initiative but has since expanded, is now a one-stop shop that combines the benefits of an online marketplace with those of a safe deposit box and blockchain-based ownership verification.

OpenSea and 776, the venture capital company founded by Alexis Ohanian of Reddit fame, are Americana’s backers. Jake Frey, the company’s CEO, is also the founder and creative director of Frey Labs, a digital design agency whose client roster includes Apple, Snapchat, Shopify, and Twitter.

Revolutionizing Vault Storage

Vaulting valuables methods in banks and art storage facilities followed since the nineteenth century may make them unavailable for public display or purchase. But that’s what Americana hopes to alter.

Americana enables the digital display, sharing, and trading of physically vaulted assets. Tokenized versions of the listed things may be traded without the buyer or seller ever having to set foot in the actual building since their authenticity is verified by an on-chain digital certificate.

The platform may be used to vault everything from exquisite art to rare trainers to classic automobiles. In Frey’s words, “items can be as large and heavy as a vehicle but also as small and light as a stamp.”

Consultation with transportation professionals is the first step in creating a unique intake strategy. After being received, assets are checked for legitimacy, digitized, and recorded before being securely vaulted. Amid rising hacks and spam attacks, such a novel approach will definitely attract art collectors from around the globe.

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• Source: https://thenewscrypto.com/blockchain-news-opensea-backed-americana-vaulting-platform-now-open-to-public/