These terms tell you the rules for using our website www.mintus.com (our site).
www.mintus.com is a site operated by Mintus Trading Limited (“We”). We are registered in the United Kingdom under company number 12643726 and have our registered office at Aston House, Cornwall Avenue, London, United Kingdom, N3 1LF. Our main trading address is at Aston House, Cornwall Avenue, London, United Kingdom, N3 1LF.
Mintus is authorised and regulated by the Financial Conduct Authority (FCA). As such, we are subject to the FCA Rules in our dealings with you.
To contact us, please email firstname.lastname@example.org.
If you choose to acquire or sell any interest in an investment promoted on our site our Investment Terms and Conditions will apply to that transaction.
We amend these terms from time to time. Every time you wish to use our site, please check these terms to ensure you understand the terms that apply at that time. These terms were most recently updated in October 2022.
We may update and change our site from time to time to reflect changes to our services, our users’ needs and our business priorities. We will try to give you reasonable notice of any changes which significantly affect your rights.
We may transfer our rights and obligations under these terms to another organisation. We will always tell you in writing if this happens and we will ensure that the transfer will not affect your rights under the contract.
We make no representation that our site, or your use thereof, will comply with any laws or regulations applicable to you in your jurisdiction(s), regarding tax treatment or otherwise. You are responsible for your compliance with applicable local laws.
The content on our site is provided for general information only. Neither we, nor our site or content, provide tax, financial, investment, or other professional advice. You should consult professional advisors about the tax, financial, or investment consequences of your activities. We cannot guarantee any specific results from use of our site.
Your use of our site and content is at your sole risk and our site is provided on an “as is” and “as available” basis. We and our licensors expressly disclaim all warranties of any kind related to our site and content, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement, or that use of our site will be uninterrupted or error-free or the content will be complete or accurate. We are not responsible for any problems or technical malfunction of any electronic network or lines, servers, software, or failure of transmission as a result of technical problems or traffic congestion on the internet or on our site, including any injury or damage to any person's computer resulting from accessing our site. We do not represent and cannot guarantee any specific results from use of our site or content.
Where our site contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by us of those linked websites or information you may obtain from them. We have no control over the contents of those sites or resources.
Our site may include information and materials uploaded by other users of the site, including to bulletin boards. This information and these materials have not been verified or approved by us. The views expressed by other users on our site do not represent our views or values.
If you wish to complain about content uploaded by other users, please contact us on email@example.com.
To the fullest extent allowed by applicable law, neither we nor our licensors will be liable for any indirect, incidental, special, consequential or exemplary damages resulting from the use of or the inability to use our site, under any legal theory whatsoever (including, without limitation, tort, contract, strict liability, or otherwise) and even if we have been advised of the possibility of such damages. To the fullest extent allowed by applicable law, neither we nor our licensors will be liable to you for any aggregate amount exceeding the amounts paid by you to us in the three months preceding the events giving rise to the claim (if any) or $25 USD.
California residents hereby waive California civil code section 1542, which states: “a general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release, and that if known by him or her would have materially affected his or her settlement with the debtor or released party.”
We will not be responsible or liable for any delays or failures to perform due to causes beyond our reasonable control, which may include natural disasters, terrorist attacks, criminal activity, failure of internet or communications networks, health emergencies including pandemics or similar serious outbreaks of disease, or other force majeure events.
Whenever you make use of a feature that allows you to upload content to our site, or to make contact with other users of our site, you must comply with the content standards set out in the “Acceptable use” section below. You warrant that any such contribution does comply with those standards, and you will be liable to us and indemnify us for any breach of that warranty. This means you will be responsible for any loss or damage we suffer as a result of your breach of warranty. Any content you upload to our site will be considered non-confidential and non-proprietary. You retain all of your ownership rights in your content, but you are required to grant us and other users of our site a limited licence to use, store and copy that content and to distribute and make it available to third parties. The rights you license to us are described in the “Rights you are giving us to use material you upload” section below. We also have the right to disclose your identity to any third party who is claiming that any content posted or uploaded by you to our site constitutes a violation of their intellectual property rights, or of their right to privacy. We have the right to remove any posting you make on our site if, in our opinion, your post does not comply with the content standards set out in the “Acceptable use” section below. You are solely responsible for securing and backing up your content. We do not store terrorist content.
If you provide feedback, suggestions, improvements, or requests for additional functionality related to our site (collectively, “Suggestions”), you grant us an unrestricted, perpetual, irrevocable, royalty-free, worldwide licence to use, reproduce, display, perform, modify, transmit, distribute, and create derivative works of such Suggestions in any way we deem reasonable, without any attribution or accounting to you. This paragraph will survive any termination or expiration of these terms and conditions or of your account on our site.
You will act in a professional, respectful, ethical, and lawful manner when using our site. You will not, directly or indirectly:
The actions we may take are not limited to those described above, and we may take any other action we reasonably deem appropriate.
When you upload or post content to our site, you grant us the following rights to use that content:
We do not guarantee that our site will be secure or free from bugs or viruses. You are responsible for configuring your information technology, computer programmes and platform to access our site. You should use your own virus protection software. You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.
You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it. You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. You must not establish a link to our site in any website that is not owned by you. Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page. We reserve the right to withdraw linking permission without notice. The website in which you are linking must comply in all respects with the content standards set out in the “Acceptable use” section above. If you wish to link to or make any use of content on our site other than that set out above, please contact firstname.lastname@example.org.
“Mintus” is a European Union registered trademark of Mintus Limited and is used by us under licence. You are not permitted to use them without our approval, unless they are part of material you are using as permitted under the “How you may use material on our site” section above.
We answer some of your common questions here.
We welcome any owner who wants to unlock liquidity from their collections to contact our Fine Art Team. This includes individual investors, galleries, institutions, and artists. Please reach out if you're interested in listing your artwork on the Mintus platform.
All artwork offered by Mintus is stored in climate-controlled, specialist art storage facilities, under a Mintus account. Current paintings are held in a facility in Delaware.
Artwork is acquired through our unique relationships with the world’s most renowned collectors and galleries. Our Fine Art Team marries their own expertise with insights from fellow industry experts to identify one-of-a-kind investment opportunities from established artists with high-growth potential. Our team examines metrics such as the artist’s market track record, recent price velocity and momentum, and the size of their international collector base when making investment decisions.
If you need support you can send an email to email@example.com or schedule a call using the links on each page of our website. If you need to make a complaint you can write to firstname.lastname@example.org. A description of our complaints policy is set out in the Investment Terms & Conditions for each investment.
Mintus Trading Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom under firm reference number 942522. For more details on our regulatory permissions please see the Financial Services Register.
For more information on risks, see the Memorandum for the relevant artwork and the important disclosures.
Mintus does not sell NFTs. NFTs are digital assets. Mintus enables qualifying investors to participate in the art market by purchasing interests in high value, physical artworks. Mintus’ platform facilitates investment in real, iconic artworks created by established artists.
Mintus will introduce a Secondary Market for investors in permitted locations, which will facilitate selling of shares to buyers, dependant on demand.
According to the regulations, certain investments can only be made available to investors who fall within these categories and Mintus must also follow appropriateness requirements when registering investors.
Fees are dependent on the specific artwork and the specific structure of the investment opportunity. Fees are clearly shown in advance for each artwork / investment opportunity, as displayed in the Memorandum that relates to the artwork / investment opportunity; this document is available to download from the profile of each artwork under the Opportunities section.
Both individual investors and institutions can invest in artworks. Individual investors will need to declare themselves to be ‘high net worth individuals’, ‘sophisticated investors’ or 'accredited investors' during the account creation process. Individual investors will also need to pass an appropriateness assessment. Professional investors including wealth managers, private banks and family offices should contact our team for more information on investing as an entity or managing multiple client accounts on the platform.
For the opportunities listed, a minimum investment of $3,000 is required however investments can be for any amount above this and generally range from $15,000 to $100,000. International payments are accepted.
Funds can be sent from any denomination into our USD bank account. We will show you the estimated cost in your chosen currency during the investment process, however this may change at the point of transfer, and does not account for fees charged by your bank. When transferring, your bank may show an estimated conversion; alternatively the funds can be sent in your local currency and converted at the point of receipt. Other transfer services such as Wise display exact fee and currency conversion rates to ensure you're sending the subscribed amount.
Mintus does not provide tax advice. We recommend that investors obtain their own tax advice as every person has specific tax circumstances. Generally, income and profits generated from your investment can be subject to either income tax or capital gains tax (depending on the individual investor and the specific structure of the investment). Artworks are not income-generating during the period they’re held. If you are unsure about your tax or other legal requirements, please speak to a professional advisor.
Not directly. In order to take an investment from one artwork to another, shares would need to be sold to a willing buyer on the future Mintus Secondary Market and then proceeds reinvested on the platform. The Secondary Market will only be available in permitted locations.
Typically, valuations occur at the end of June and December, with reports distributed to investors as soon as possible thereafter.
All actions in relation to the asset are at the discretion of Mintus. Mintus will communicate with investors on a six-monthly basis with an update on the net asset value, and any further news will be communicated on an ad-hoc basis.
Distributable profits will be made available to investors as soon as possible, once all sale-related administration is complete.
Profits will be received into your Mintus wallet, with the option to withdraw the profits into a bank account or reinvest on the Mintus platform.
Mintus.com is operated by Mintus Trading Limited, a company incorporated in England and Wales (Registration number 12643726).