Pool contributions
Each pool identifies a specific NFT, purchase target, deadline, and terms recorded at creation. New pools require an initial contribution of at least $20 and use a 2% early-withdrawal fee while funding. Existing pools keep their disclosed terms. Contributions and refunds are accounted for in USDC. Refunds after an unsuccessful deadline have no exit fee.
Shares and rewards
Shares represent the platform’s on-chain allocation of control and distributions for a specific card. Contributors receive all shares in proportion to their contributions. A pool may have a supporter coin: its coin fees pay part of the price, so every contributor’s % grows; they never mint extra shares. Holding the supporter coin gives no ownership of the card. Already accrued rewards remain with the holder who earned them when ownership changes.
Custody and delivery
The physical collectible remains with its third-party custodian. Ownership of the NFT does not bypass that custodian’s terms, permanent delegate permissions, identity checks, delivery costs, or physical redemption process. Collective does not guarantee the custodian’s performance.
Trading and collective decisions
Shares can be offered for sale, but liquidity and resale prices are not guaranteed. New pools require 66.67% of all shares to approve a sale in a 72-hour vote; existing pools use their recorded terms. An unsold listing can be cancelled after 7 days, returning the card to collective ownership. Fees charged by the card marketplace and network reduce the final proceeds. Holding 100% of shares permits NFT redemption according to the program’s rules.
Program authority
The 
Solana program is upgradable. An authorized upgrade may change program behavior. The platform must settle user assets before account closure. Stablecoin issuers and card custodians retain the controls associated with their assets.
Legal status
This page describes the intended product mechanics. Availability depends on launch status and the controls shown in each pool. It does not establish an incorporated investment vehicle, insurance, or guaranteed legal title to a fraction of a physical card. The operating entity, governing jurisdiction, and enforceable participant agreement must be established before accepting public funds.