Selling a physical item like a bike via an NFT trading card requires a simple but secure bridge between the blockchain and the real world.
1. Create the NFT
- Mint an NFT trading card on NFT-tradingcards.biz that represents the bike.
- Include photos, specs (make, model, year, condition), and terms of transfer in the metadata or card description.
- Clearly state: “This NFT represents ownership of a physical bicycle. Redemption required for delivery.”
2. Buyer Purchases the NFT
- The buyer purchases the NFT just like they would any digital collectible.
- You hold the bike until the redemption is complete.
3. Redemption Process
Once the buyer owns the NFT:
- You offer a redemption form or smart contract trigger.
- The buyer submits their shipping info or arranges for pickup.
- Upon verification, you ship or hand off the bike.
- Optionally: once redeemed, the NFT can be burned or marked as “REDEEMED” to reflect that the physical item has been claimed.
Best Practices
- Use a trusted escrow wallet or third-party verification if it’s a high-value item.
- Add terms of sale in the NFT metadata or link to a hosted PDF with conditions.
- Include shipping not included or pickup-only disclaimers if necessary.
NFT Listing Description Meta Data
Title:
2022 Cannondale Trail 6 – NFT Ownership + Physical Bike Redemption
Description:
This NFT represents ownership of a 2022 Cannondale Trail 6 mountain bike in excellent condition.
By purchasing this NFT, you gain the exclusive right to claim the physical bike.
Details:
- Frame size: Medium
- Color: Black/Red
- Condition: Gently used, tuned & ready to ride
- Location: [City, State]
- Includes: Kickstand, upgraded seat, new tires
- NFT Bonus: Comes with a digital certificate of authenticity embedded in the blockchain
Redemption Instructions:
After purchase, contact the seller via the included redemption form or wallet verification. You’ll be asked to provide your shipping address (or arrange for local pickup).
Shipping available within [Country] (fees apply). Local pickup is free.
Once redeemed, the NFT will be updated to indicate “REDEEMED” status on-chain.
Note: The NFT is non-transferable after redemption. No refunds after the physical item is claimed.
Sample Redemption Flow
Step 1: Buyer purchases NFT
Buyer mints or buys the bike NFT via NFT-tradingcards.biz using WETH or connected wallet.
Step 2: Buyer visits redemption link
You can create a simple page (or Google Form) like:
Form fields:
- Wallet address used for purchase
- Contact email
- Preferred method: shipping or pickup
- Shipping address (if needed)
- Optional: upload screenshot of NFT in wallet
Step 3: Seller verifies ownership
You check the wallet address and transaction hash to confirm buyer status.
Step 4: Arrange delivery
- Shipping: Buyer pays via Venmo, crypto, or cash app (optional, state clearly)
- Pickup: Set up a meet location or provide exact pickup spot
Step 5: Update NFT status
After transfer, you update the NFT metadata (if possible) or mark it as “REDEEMED” in the on-chain data or description to prevent resale as unclaimed.
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