Ep.44 Fixing the $3 Trillion Counterfeit Industry with Michael Schramm

Michael Schramm, founder of Ownerchip, is bridging the physical and digital worlds with a decentralized Web3 protocol that authenticates, tracks, and interacts with high-value physical goods. In this episode, Michael shares his journey into the world of digital ownership, explaining how Ownership provides a trustless way to verify authenticity and provenance—a crucial innovation in combating the $3 trillion counterfeit industry.

The conversation covers:
How decentralization impacts the future of authentication
The evolution of authenticity in luxury goods and collectibles
Lessons from the NFT boom: speculation vs. real utility
How Ownership’s technology is being used in art, jewelry, sneakers, and even million-dollar violins
The role of digital experiences and the future of fidgetal (physical + digital) ownership

IMPORTANT INFORMATION

This is a marketing communication.

The information contained in this document is intended only to provide general information. It shall not be construed as promotion of a specific product nor as investment, legal or tax advice. SegMint assumes no liability with regards to any decision taken on the basis of this information. Information contained herein is current as of the publication date and subject to change. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results. Information provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. SegMint content may link to third party content for convenience purposes and this does not represent adoption, endorsement, approval or verification of such content by SegMint. All information is based on historical data and does not predict future developments.

 

Using SegMint is subject to risk, including the possible loss of money, digital assets, NFTs and information. These digital assets are highly speculative and involve a high degree of risk. It is possible to lose your entire investment.

 

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