Question 1

What exactly do I get?

Accepted Answer

An engraved metal card with their name and the opening day, linked to a bitcoin address nobody can spend from until that day.

Question 2

Who can reach the money before the opening day?

Accepted Answer

Nobody. The lock is enforced by the Bitcoin network, so even the card and the password together won’t do it. We never have access.

Question 3

Can it be opened early?

Accepted Answer

No. We fix the opening day when you order, and after that it can’t be changed for any reason.

Question 4

What if the card or the password gets lost?

Accepted Answer

Without the password the bitcoin can’t be taken off, and we can’t recover it. Keep the card and the envelope apart, and tell someone where they are.

Question 5

How do I add money to it?

Accepted Answer

Through a MiCA-licensed provider, who sends the bitcoin straight to the card’s address. We’ll name the provider at launch.

Question 6

Is this an investment?

Accepted Answer

No, it’s a gift. Bitcoin’s price moves, so what’s on the card can be worth more or less over time.

Question 7

What happens if Giftvest shuts down?

Accepted Answer

The card still opens. We use a standard Bitcoin format that any wallet with time-lock support can handle, Liana for example.

Question 8

How much does it cost?

Accepted Answer

We’ll announce the final price at launch. Pre-ordering is free.

FAQ

What exactly do I get?