Pool of History

How it works

A curated pool of the world’s best authenticated collectibles, represented by one token. Here is the path from a single signed piece to $HISTORY.

Authenticated pieces are selected and verified

  • Pool of History selects high-value autographs and collectibles.
  • Each piece is authenticated by trusted experts.
  • Each piece is valued in US dollars before it enters the pool.

Real. Rare. Verified. Only authenticated pieces make it into the pool.

Each piece gets its own CollectorLINK token

  • Every item is tokenized 1-to-1 on Ethereum through CollectorLINK.
  • The token is the wrapper around the collectible: it carries authentication, condition, provenance, and story.
  • The physical piece is held in secure, insured custody.

The token isn’t the collectible. The token is the wrapper around it.

The pieces are placed into the pool

  • All CollectorLINK tokens in the pool sit in one public treasury wallet.
  • Anyone can look up that wallet and see exactly what the pool holds, piece by piece.
  • The pool is valued in USDC.

One public wallet. Every piece visible on-chain.

$HISTORY represents the pool

  • $HISTORY is a single token tied to the whole collection.
  • It starts at 1 USDC = 1 $HISTORY.
  • Authorized Participants keep the token tied to the pool: they create new $HISTORY by adding value to the pool at its net asset value, and redeem $HISTORY back to the pool at net asset value.
  • When new pieces join the pool, new $HISTORY is issued at the current value to whoever contributed them.
  • A USDC reserve is held alongside the collectibles so redemptions can be settled.

Starting value: 1 USDC = 1 $HISTORY

Stage 1: Private pool

$HISTORY exists and is tied to the pool, but it is held by approved holders only, and transfers are restricted.

Stage 2: Public market

Restrictions are lifted and a public liquidity pool opens, so $HISTORY can be bought and sold freely. This stage may or may not come.

Public trading through a liquidity pool

  • In the public stage, $HISTORY trades against USDC in an automated market maker (AMM) pool.
  • Anyone can buy, sell, or provide liquidity.
  • Creation and redemption by Authorized Participants help keep the market price close to the pool’s value.

Liquid. Accessible. Open to all — in the public stage.

Two numbers: pool value and market price

$HISTORY has two prices, and both are shown openly.

Net asset value per token

The appraised value of the whole pool, divided by the number of $HISTORY tokens. Published on a set schedule, after each appraisal cycle.

Last appraisal date shown

Market price

What $HISTORY trades for in the public pool, moment to moment.

Premium or discount to net asset value shown

  • $HISTORY tracks the value of the pool.
  • Market price can sit above net asset value (a premium) or below it (a discount).

Transparent. Scheduled. Built for the long run.