FAQs

Science has proven when you have questions that go unanswered, it is more than likely an opportunity will be missed. 

Let’s avoid this, If you landed here that means you’re curious. Many commonly asked questions are answered here. 

In the event you’re still under wonder, we’d love for you to reach out to us with any questions you may have, Hood Up!

Have Any Questions?

Providing You And Your Hoodies The Value You Deserve Beyond Store Shelves

Apparel with an Attitude And A Kickback.

By definition NFT stands for Non-Fungible Tokens, which are cryptographic digital assets that use blockchain technology and cannot be replicated.

NFTs link together unique physical or digital items such as works of art, real estate, music and even hoodies.“Tokenizing” these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud.

Why not?

Getting an ROI by simply owning an item you find comfortable to wear is a power move.

Getting paid to advertise a product by just living your everyday life is a no brainer and is also called the road to financial independence, let’s get there.

An HGC minted NFT is a hoodie/token combo registered and stored within the blockchain network. 

 

An HGC minted NFT comes with incentives that the owner of the NFT can take advantage of. The incentives associated with the NFT are called utilities, which provide the benefit of receiving supplemental revenue, hoodie discounts, authenticity certificates and more

 

An HGC minted NFT can be sold and or traded within most NFT market places.

HGC minted NFTs are recognized by the blockchain network and HGC directly. The owner of the HGC NFT will receive benefits from the utilities associated with the HGC NFT owned

A HGC non-minted NFT is a hoodie/token combo registered with and stored within an HGC company database. 

HGC non-minted NFTs are recognized only by HGC headquarters and any incentives received by the owner will come directly from HGC headquarters.

Registered non-minted NFTs come with utilities that are beneficial to the registrar. Some of the incentives associated with non-minted NFTs are discounts, free apparel and token required access to the HGC community.  

Registered non-minted hoodie NFTs cannot be resold, traded nor given away.

Registered non-minted NFTs have a life cycle of 1 year from the date of registration

All NFTs that are not registered or minted within the given time period of 7 days will be documented as non-minted. 

YES!

Anything awesome is only when everything is included!

The way registered NFTs work is simple, create a HGC membership so we know where to send your awesome stuff.

Every time you get a new hoodie just send us the hoodie I.D from your members profile and boom incentives are on the way, easy as that.

Once you create an account you will be able to receive the incentives associated with your hoodie portfolio. Every time you grab a new hoodie just load the new portfolio to your account.

All of them if you knew what was good for you!

Every hoodie is a new portfolio account within your collection. Each one brings its own value. Collect them all, maybe even a few duplicates too

We will not accept returns on any HGC NFT hoodie after 30 days for any reason what so ever.

We will not accept returns on any HGC NFT hoodie that has been minted to the blockchain network

Due to Covid-19 safety procedures put in place to protect all HGC customers any hoodie being returned must be in original packaging with all labels and tags attached. The hoodie must not be returned in a worn condition. The hoodie must not have any marks, blemishes, scuffs nor threads or stitches torn out and or missing. All items mailed and received with any HGC hoodie package must be returned in like new condition.

All of our hoodies come with NFTs.

You have the option to either mint or register your NFT, you even have the option to do nothing but enjoy your amazing hoodie. Owning the NFT provides you extra benefits that will stay with the hoodie throughout its lifecycle and beyond.

NOPE!

You definitely don’t need an I.D but you will most certainly need a crypto wallet, oh and some crypto currency in that wallet too cause you’re gonna have to pay for gas buddy

USD is an acceptable method of payment along with other foreign currencies too. (note: all exchange rates and fees will be applied at checkout)

YES!

In the event you want to purchase your hoodie using crypto cash just make sure you select the correct option and your order will go through with a breeze

NO!

Your HGC NFT is our thank you and a free gift to you for being awesome. In order to seize the minted incentives you will have to pay minting fees to mint your NFT. We cant do all the work for ya sheesh

NFT utilities are NFTs with use cases beyond just being a digital asset.

NFT utilities grant their owner privileges , rights, or rewards  associated with the NFT  that would not be accessible normally through any other means.

When you mint your HGC NFT, you will be turning your NFT digital file into a digital asset that will be stored on the blockchain network. The benefit of this, is it can then be put into circulation within marketplaces and sold with industry known authentications like smart contracts.

Purchased HGC NFTs will be located within the purchaser digital wallet, also known as a crypto wallet using blockchain technology.

The blockchain is a decentralized shared ledger that directs the process of recording unique transactions and also tracks assets within a network.

YES! and NO!

You have the choice whether to MINT or not to MINT.

If you decide to MINT your HGC NFT to the blockchain network then obviously you will have better utilities/incentives that last for a very long time.

But you can decide to also not MINT it to the blockchain network and still receive some awesome utilities/incentives from HGC directly provided that you register it with HGC, they’re just time sensitive indefinitely

Simple, If you don’t mint it then you won’t get the utilities/incentives attached to it! The show will continue on, and someone else will have the opportunity to mint theirs. Boom everyone wins, cause someone will eventually.

Some of the utilities that come with a HGC company registered NFT are: Hoodie discounts, free shirts, drawings and raffle entries for free crypto currency or cash and even event invites hosted by HGC directly.

HGC minted NFTs gain revenue by having portfolios in tradable interest bearing markets like stocks, mutual funds and life insurance just to name a few. Your NFT has the potential for massive gains.

All good things in time…

Your NFT is part of a strategic investment formula that was put together to create short  and long term monetary gains.

The formula created is put in place so the HGC NFT owner can receive periodic payouts that will last for the life of the NFT which will ultimately create generational wealth over time.

So in short pass those hoodies down the line

But since we would all like to know how often the sky is going to open up and rain money I’ll tell you. 

The amount and frequency of payments will depend on several factors, some of them being the success of the business, the overall fiscal health of the HGC Generational fund, and the payout decision made by the incentive approval committee. Our goal ultimately is to distribute bi-annual currency payouts

Incentives are strategically chosen by our membership reward committee

BOTH!

Periodic payments will be made in the form of crypto currency and also cash so get your crypto wallet ready. This will be dependent on the incentive reward distribution schedule

Yes!

When you decided to grab your HGC hoodie you changed history. Apparel is gaining a whole new value and truly becoming a financial asset.

YES!

Periodically, HGC NFTs will deliver crypto currency payouts as an incentive to the owner of an HGC NFT.

YES!

But this won’t happen until after you’ve received at least $600.00 in distributed revenue from your HGC NFT.

In the event your hoodie was lost, stolen or damaged we offer replacements of any specific design at either a discount or free with your chosen NFT token

If you happen to lose your crypto wallet information, I hate being the bearer of bad news but you’re SOL. If you don’t know what that means I’ll tell you, It means SHIT OUT of LUCK

Due to Crypto wallets having properties almost similar to a Swiss bank account. If you lose your access information, you have lost your account as well. Please don’t do this cause there are no recovery methods available currently.

The HGC Generational Fund is an interest-bearing diversified account that contains stocks, bonds and certificates held by HGC in the interest of the HGC NFT owners and HGC partners.

The HGC Generational Fund provides compensation in the form of cash, crypto currency or tangible goods for active HGC NFT holders within their respective incentive bearing category of NFT ownership.  

A percentage  of HGC individual hoodie sales will go to the HGC Generational Fund.

The percentage the HGC Generational Fund receives from sales is used to fund the interest bearing accounts which provides the incentives the HGC NFT owners receive. 

After the mintable NFT limit for any hoodie design has been reached, 10% of all future HGC hoodie sales of that specific hoodie design/portfolio will be allocated to the HGC Generational Fund for that specific hoodie design/portfolio.

This is intended to increase the financial standing within any market the specific HGC NFT hoodie design/portfolio is participating in.

Each HGC NFT hoodie is considered to be a portfolio also known as an account. Each portfolio is by the hoodie design.

Meaning each new hoodie design is a new interest bearing portfolio held by a specific number of NFT owners.

Each portfolio contains interest bearing products. Some of those products are stocks, bonds and insurance to name a few.  

All NFTs are secured using blockchain technology, which guarantees safety and security when dealing with NFTs and the interests that come with them

Every hoodie comes with an NFT but only 1-10,000 can be minted.

HGC will offer 1-1000 NFTs directly on opensea as a Last call 

“Last calls” are HGC NFTs sold without hoodies and solely within NFT market places. 

The owner of the last call NFT has the option to receive a one time complimentary hoodie. 

All last call HGC NFTs are placed in bidding within select NFT market places. 

All last call HGC NFTs will possess the same utility benefits/incentives as the regular HGC NFTs   

 

 

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