If your company was to cease to exist, how can digital assets purchased from your platform be preserved?
Permanence and invariance are integral parts of the unique and irreplaceable NFT industry. In NFT creation, blockchain is an excellent way to handle minting, bookkeeping, immutable metadata across numerous nodes. At the same time, it becomes very difficult to store a large amount of data on blockchain
If your platform were to experience downtime, what is the process for user communications, acknowledgements, and updates?
Rare Goods has a detailed outage communication plan in place. We utilize uptime monitor to send real-time notifications to the tech team if any sites go down. This plan includes notification to all users within an hour and hourly updates until the problem is resolved.
Can our Conference’s schools create and distribute NFTs via your platform?
Yes, our platform is built to accommodate NFTs from multiple sources.
Where does your company store its data?
Due to the decentralized nature of our infrastructure and cloud-based storage, there is no primary location/s for data storage. Data is stored across IPFS, AWS, and Mongo DB/Atlas. With AWS, we control where our data is stored, who can access it, and what resources our organization is consuming at any given
How are you combatting fraud? What plan is in place for abuse?
We currently have Trulioo as our KYC & AML provider. Each user must complete our KYC process, when crossing specific thresholds on the platform, depending on the amount transacted and their actions. Additionally, the admin can review all users who failed KYC and has the ability (and holds the legal righ
Where are your data centers located?
Due to the decentralized nature of our infrastructure and cloud-based storage, there is no primary location/s for data storage. Data is stored across IPFS, AWS, and Mongo DB/Atlas.
Do you have a native viewer? If yes, please describe the features/capabilities of the viewer.
Currently, users can view their NFTs on the platform via their NFT details pages. On these pages users can view an NFT’s details including: The NFT’s media content, including images, video or audio (users can pause and mute video/audio) The NFT’s title The NFT’s description The NFT’s edition
What business continuity does your company have in place?
Rare Goods has a business continuity plan in place which covers all key recovery teams’ details/functions and those individuals who are assigned specific responsibilities, procedures, and how each of the team members is to be notified. This plan is to be used by the responsible individuals to coordina
How are assets secured from copying? Unauthorized distribution?
NFTs are stored on a public blockchain, so they could be viewed and “copied”, but not replicated. The Rare Goods platform is a closed ecosystem, so unauthorized assets would not be able to enter the platform without admin approval. Rare Goods also deploys an NFT contract with a designated collec
What disaster recovery does your company have in place?
What disaster recovery does your company have in place? The Rare Goods infrastructure leverages numerous software programs as service platforms, each with its own disaster recovery accommodations. These services are used as part of the purchasing process. Actual management of the digital asset i
