![](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2FAboutAssetBackedNFTsCover.0328e555.png&w=1920&q=75)
“Asset Backed NFTs are immutable digital claim receipts that connect owners of physical assets and completed Intellectual Propery Rights to the web3 ecosystem. This is a major leap forward in the digital transformation of real-world businesses into the 21st century world of web3 offering increased access, transparency and efficiency in the management of these assets.”
Connecting Physical Assets to Web3
In a nutshell, you buy a physical asset, it's stored in a vault, and you get a digital claim receipt that you can redeem for the physical asset at any time. This is what an Asset-Backed NFT is.
Mint the Asset
You can mint assets on Roji or buy on secondary markets like OpenSea. Purchase includes multiple years of asset storage and insurance.
![](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2FAssetBackedNftsExplainedMinting.f37dde38.jpg&w=3840&q=75)
Receive the NFT
Once purchased, we will mint an Asset-Backed NFT for you which is your claim receipt for the asset. You can use Asset-Backed NFTs like any other NFTs.
![](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2FAssetBackedNftsExplainedReceive.114e465c.jpg&w=3840&q=75)
Redeem the Asset
If you want physical posession of the asset simply go to the redeem tab, connect your wallet and redeem your Asset-Backed NFT. The physical asset will then be shipped to an address you provided.
![](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2FAssetBackedNftsExplainedRedeem.64f07ad2.jpg&w=3840&q=75)