The concept of minting and digitalizing (collector view only)


Minting is the real world production of the coin (using 3d metal printing). The Zie ecosystem, through the Vault, enables users to mint fully owned stamped coins (100%). A coin cannot exist in both physical and digital form. As a result of minting, a coin is removed from the Zie ecosystem and now exists in the real world. It is then physically sent to the user who minted the coin for his own use. A minted coin always keeps its nominal value and can be returned at any time to be reinserted in the Zie ecosystem. Such action will mean the melting of the coin, thus its disappearance from the real world and the reappearance in the Zie ecosystem. The digital coin can then always be exchanged back for its nominal value only, irrespective of the market value it may have or the minting cost of the coin. There is no limit on the number of times a coin can be minted and digitalized back.
mint3d 266x266
A cost is charged for minting, and as a result, the value of the coin may rise accordingly, but that will not be handled by the Zie ecosystem since the coin will be out of the system. Upon reinsertion in the Zie ecosystem, a minted coin will get back the market value it had prior to being minted to at least its stamped value (1.2x the coin nominal value).