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‘Alauahio 1

$1,900.00

Limited edition NFT, maximum one hundred copies to be minted. Image is an original photograph ‘Alauahio 1 by Maui based photographer Dubhan Clark from his Hawaii Nature Collection.

In stock

0.03010 0.03010
0.73958 0.73958
1900.00000 1900.00000
29.02758 29.02758
1900.28504 1900.28504
5.67063 5.67063

Description

Limited edition NFT, maximum one hundred copies to be minted. Image is an original photograph ‘Alauahio 1 by Maui based photographer Dubhan Clark from his Hawaii Nature Collection.

Alauahio, (Paroreomyza montana newtoni) also known as the Maui Creeper, is an insectivore that shares the forest with the I’iwi, Apapane and Amakihi. It can be found creeping along branches of the same trees the other birds seek for nectar eating spiders and grubs.  They are similar to Hawai’i ‘Amakihi in appearance and to some extent behavior. However, they can be distinguished by their rounded body and straight bill, along with a brighter yellow color.

How it Works

This NFT is part of the 999 Fine Art Collection (each a “999NFT”) and has the following features: 

ART & GOLD:  Upon purchase, in addition to the digital art this 999NFT represents, this 999NFT also represents the undivided “interim ownership” of one troy ounce of unrefined gold in the ground out of a balance remaining of 13,333 troy ounces of gold owned by Unique Art Concepts, LLC, Wyoming, at a mine in Nevada, USA (the “Interim Gold”).  Any subsequent legal sale or transfer of a 999NFT’s ownership includes the transfer of all rights this 999NFT represents, including the rights to the Interim Gold pursuant to our current Terms of Purchase as posted and updated from time to time on this Website.  

REDEMPTION:  In addition to the foregoing features, all 999NFTs include a time-limited, specific right to exchange the Interim Gold for physical delivery of a uniquely serial-numbered, one troy ounce bar of 999.9 fine gold (the “Physical Gold”) pursuant to the 999NFT’s Terms of Purchase and its Redemption provisions exercisable only by the then current lawful owner of the 999NFT.  Redemption is exercisable only during the “Redemption Period” which by default commences November 16, 2026 and lasts through January 31, 2029.         

Other Redemption Options are available at additional cost:

ACCELERATED REDEMPTION:  For those that prefer to have the Physical Gold in hand sooner than our default Redemption Period, we offer a choice of Early Redemption Add-Ons that can be purchased at the time of the initial purchase of a 999NFT.

ROLLOVER (“EXTENSION”) TO REDEEM:  During the Redemption Period, the legal owner of each 999NFT, in lieu of requesting delivery of the Physical Gold, can instead elect to pay a fee and request to have their 999NFT “burned”** in exchange for a new 999NFT comprised of the identical digital art of the burned 999NFT but with a new Redemption Period set at a mutually agreed forward date for delivery of the Physical Gold (the “Rollover”).  

Full details, terms and conditions necessary to exercise this Rollover will be posted in an amendment to the Terms of Purchase and excerpted on the Redemption page of our website prior to the commencement of the first available Redemption Period. 

**A “burned” non-fungible token is deemed to be destroyed.  Burned NFTs are sent to a verifiably un-spendable address, ultimately eliminating this NFT from any future transaction on the blockchain. Transactions leading up to the burn remain immutably on the blockchain ledger. 

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