collision.art

0x1…7b1

ERC1155

Only 272 of these Asset Proof tokens will ever exist. ####IMPORTANT: Future underlying asset value is not dependent on actions of the project, its employees, the limited-edition artist(s), the asset custodian or any other third parties. You understand that none of these parties will undertake any efforts to impact the future sale price of the underlying asset. The terms of any future sale of the underlying asset are set and known to all parties at the time of sale and can’t be amended.#### This Asset Proof NFT is part of the Genesis Edition release in the 100 Legends Series. All token holders of Genesis Edition NFTs share the underlying 1986 Fleer Michael Jordan Rookie Card (PSA Serial Number 50082691) in PSA 10 condition known as “The Genesis.” Upon sale of The Genesis, each corresponding Asset Proof holder will receive .0574% of the sales proceeds, net of fees and gas. The underlying Michael Jordan rookie card is the first known major Michael Jordan physical collectible to be vaulted and have its ownership tokenized as an NFT on the blockchain. The card is now truly 1 of a kind. Learn more about “The Genesis” PSA 10 ‘86 Fleer Jordan Rookie here: [collision.art/genesis](https://collision.art/genesis) “The Genesis” Sale Terms: Purchasing the ownership rights to The Genesis 1986 Fleer Michael Jordan PSA 10 rookie card (Serial number 50082691) requires one of the following conditions to be met: Option A: The payment of 20,000 ETH the the Ethereum Wallet at the ENS address: GenesisJordan.eth Option B: If option A doesn’t happen prior, The Genesis will sell via a declining price auction beginning on July 25, 2120 at 12:00am Eastern Time. The starting price will be 20,000 ETH and will decline by 10 ETH each day at 12:00am and continue until the asset is sold or the price reaching zero. The card will be sold to the first wallet depositing the then current bid price to the GenesisJordan.eth ENS address. If the auction reaches zero without a purchase The Genesis will be donated to a charity of the Custodian’s choice. LEGAL & COMPLIANCE NOTICE: Future underlying asset value is not dependent on actions of the project, its employees, the limited-edition artist(s), the asset custodian or any other third parties. You understand that none of these parties will undertake any efforts to impact the future sale price of the underlying asset. The terms of any future sale of the underlying asset are set and known to all parties at the time of sale and can’t be amended. Collision NFT owners do not vote and even a future majority owner cannot change the asset sale terms. Collision.art underlying assets are community shared collectibles with pre-set exit terms, not investments. The custodian of the underlying asset is the Special Purpose Entity, Onchain Custody, LLC. All assets held in custodianship are subject to an annual audit. The Custodian has no business purpose or operations other than serving as custodian of the asset and or similar collectibles under similar arrangements. Within 30 days of an underlying asset sale, the custodian will provide a mechanism for disbursement of the net proceeds (pro-rata to the crypto wallets holding the applicable art edition NFTs) and changing meta-data to reflect the underlying asset has been sold.