The real estate plan should include cryptocurrency, NFT, digital art and other digital assets. If you use the Vault12 Guard app, the plan will make it easier to plan, so you will live when you die.
“In short, if you deliver it to those who will be beneficiaries without recording all the details of your assets, the asset may be lost forever.” -Wasim Ahmad, Vault12 Crypto Officer
What should I know about how to deliver encryption assets?
If you are involved in investing in digital assets or questions, maybe “can I inherit digital assets?” The answer is yes! Wasim Ahmad, the chief encryption officer of Vault12, shares his thoughts and passes Crypto about the most important things to know about Web3 asset inheritance.
Inheritance: What will be NFT, digital art and encryption when you die?
https://www.youtube.com/watch?v=6RXJHREGJGI
What is NFT, digital art and encryption when you die? It is necessary to understand the basics of inheritance and how to deliver Web3 assets to their children or heirs.
How is encryption inheritance different from traditional inheritance?
hello. My name is Wasim Ahmad and is with Vault12, a pioneer producer of Digital inheritance Mobile App Vault12 Guard. Today we will talk about the inheritance of Web3 assets.
Web3 inheritance is fundamentally different from a relatively simple step of existing inheritance, so you should consider carefully. With existing assets, you can go to a bank or a broker to say that someone is delivered or incompetent and then accesses the asset. But in Web3 World, as the owner of the asset, you are responsible for the security and safety of the assets.
How can we deliver Web3 assets?
Who is most interested in the Web3 Asset inheritance? The most prominent group is NFT collector. People have emotional attachment to NFT. They often buy their beloved NFT regardless of value. These are valuable assets to convey to others.
How can web3 producers deliver Web3 assets?
The second group that is very interested in delivering Web3 assets is the producer. The producer usually keeps in the form of an inventory of NFT, often in the form of art list. They also have a royalty wallet, so whenever the NFT is transferred or sold, a part of the sales revenue enters the wallet. These are a wallet that should be protected in the long run!
How can the encryption lovers deliver assets?
The third group that needs to deliver Web3 assets, as well as encryption lovers who purchase and deliver cryptocurrency. Encryption inheritance may include tokens of Ether Leeum, Bitcoin and other blockchains.
How to ensure that Web3 assets are inherited as desired
The most important part of the Web3 assets can be inherited is to make sure that there is the latest inventory of all assets.
We all purchased NFT and Cryptocurrencies in different blockchains, which are stored in countless other Web3 wallets. The number of possible ways to obtain digital assets means that there is no one to inherit. There are several components. Each of these should be documented, and the list must be maintained up to date.
How should we deliver a list of asset inventory?
One of the main factors of risk is associated with the protection of asset inventory. And somehow, you must actually deliver the list of inventory. Consider what you need to do from a security perspective in the Web3 wallet. They say that they record the seed phrases, write down their personal keys, and back up their personal keys and seed phrases. Often you are doing this on paper, and in general, you use things on paper and give them to lawyers. Every time you write things on paper, you can keep it in a safe or other safe place. The moment it is handed over to a lawyer, lawyer, or everyone, exposing the information.It can cause potentially unacceptable risks. After all, it will be a long time for someone to use the credentials!
Vault12 Guard, on the other hand, does not disclose the asset inventory to others until it is needed.
Does it mean that if you save assets in a safe wallet?
The second danger is that many people have seed phrases and private keys, depending only on the same technology as hardware wallets and other types of refrigeration storage devices. Yes. These technologies can safely access the Web3 wallet. but, Just saving assets in hardware wallets does not mean that everything is set for future inheritance! Security storage protects assets from Internet -based threats and casual exposure or hacking. But for inheritance, you need to convey what assets are actually and how to approach them.
You still need to back up your hardware wallet, but you need a kind of solution, such as the Vault12 Guard, which you can bring to the beneficiaries.
Who is the beneficiary of Web3 assets?
It is very common to assign beneficiaries or legacy contacts to all kinds of accounts, from banks and insurance accounts to social media accounts such as Facebook. It is easy to assign beneficiaries to NFT, Art and Crypto, and use the Vault12 Guard.
Vault12 Guard Introduction: NFT, Digital Art, and how to pass it to heirs when they die
https://www.youtube.com/watch?v=m0i-trkadc4
Vault12 Guard Introduction: NFT, digital art and encryption are delivered to heirs when they die. Vault12 Guard protects assets in today and future generations.
What is Vault12 Guard?
The latest technology release Vault 12 Guard is a mobile phone app designed for a collection of collectors, digital arts and NFTs, and encryption lovers that buy cryptocurrency. The Vault12 Guard is designed to assign all Web3 assets and allocate beneficiaries who can receive the assets in the incompetence or death of the owner.
How to start with Vault12 Guard
If you use the Vault12 Guard, it is very simple to support things. Activating inheritance is very simple. And it is very simple to search for the asset when the heir is needed.
How does it work? Very easy: You can download, install, install a digital safe from all the app stores (iOS or Android), and then start adding assets immediately.
Who is Vault12 Guardians?
Vault12 Guard allows you to add and assign your own guardian. These are people you know. They can be a business partner, family or a friend who keeps the safe. The Guardian grants access to Web3 assets when passed.
How does the beneficiary use the Vault12 Guard?
After specifying the beneficiary in the Vault12 Guard, everything is set for inheritance. It is not necessary to do different tasks every time you add assets. You must back up your assets so that beneficiaries can use it in time. In order to activate inheritance, all beneficiaries required by all beneficiaries are requested for requests, reviewed and approved guardians, and then granted access to all assets. The beneficiary then can access the asset and transfer it to the justified heir defined in your will.
What is the main takeout of encryption inheritance?
One of the main takeouts is to first work with a lawyer to plan trust and real estate strategies.
Second, we need to understand the risk of backing up and planning the inheritance of Web3 Assets. If you are given this danger, you need to choose a solution that suits you. We think that Vault12 Guard is the best solution and can do great things. There is a risk of using it, using an alternative inheritance solution, or losing everything forever.