Week 9: What's next at Shipfinex for you?
- Puneet -
- 1 hour ago
- 4 min read
From the Shipfinex Team
You've been a part of our pre-launch journey, and many of you may have already completed your KYC. If that's you - congratulations! You're now one step closer to being a shipowner.
For those still finishing up, we see you, and we appreciate your patience. Your KYC is the final checkpoint before you unlock full access to ship ownership. Think of it as your boarding pass to the world of ship ownership.
Why KYC Matters (And Why We Take It Seriously)
Here's the thing about revolutionizing ship ownership: we have to do it right. KYC isn't just a regulatory box we tick; it's how we ensure every shipowner on our platform is protected. When you're dealing with ships worth millions of dollars, security isn't negotiable.
What KYC allows:
Compliance with AML/CTF regulations that keep your ship ownership secure
Trust and transparency in every transaction
Access to exclusive ownership opportunities reserved for verified participants
If you haven't completed your KYC yet, don't worry. The process is straightforward, secure, and designed to protect your interests as much as ours.
What's Next: Your Shipfinex Wallet
Here's where things get exciting. The next step for you is to:
Create your Shipfinex Wallet.
Now, before you think "another wallet," let us explain why this wallet is different and why it's actually better for you.
Your Wallet, Your Control
The Shipfinex Wallet is what we refer to as a self-custodial wallet. In plain English? You own it, you control it, and only you have access to it. No bank, no third party, no middleman, not even Shipfinex. Just you and your secure wallet.
Here's what that means:
Full ownership: Your Wallet, Keys to the Wallet, and Maritime Asset Tokens (MATs) are yours alone.
Complete security: Your private keys stay with you, not on ours or anyone's servers
Direct access: Monitor and manage your MATs without intermediaries
Transparency: Every transaction is recorded on the blockchain for your verification
Think of it like having your own private vault for ship ownership certificates - except it's digital, more secure, and accessible 24/7.
Creating Your Shipfinex Wallet: A Simple 4-Step Process
Step 1: Access Your Dashboard
Log in to your Shipfinex account and navigate to the "Wallet" section. You'll see a prompt to create your new wallet.
Step 2: Generate Your Wallet. Click "Create Wallet" and the system will generate your unique wallet address. This takes just a few seconds.
Step 3: Choose Security Questions
Choose three security questions and their unique answers, which is a one-time step process. Remember, these questions and their answers are the key to accessing your Shipfinex wallet. Keep them secure. Even Shipfinex cannot recover them for you later on.
Step 4: Fund and Start Owning Ships
Once verified, you can fund your wallet and start purchasing Maritime Asset Tokens from verified ships in our marketplace.
A Quick Reality Check
We understand that this may seem like a lot of steps. But here's why we've designed it this way: traditional ship ownership requires months of paperwork, hundreds of thousands of dollars, and connections most people don't have.
What we're offering you is:
Ship ownership starting from as little as $100
Complete transparency in every transaction
Earnings from actual ship operations
Protection through properly structured SPVs
Your Shipfinex wallet is the gateway to this. It's your entry point into an industry that moves $14 trillion worth of goods annually.
What Happens After Your Wallet Is Ready?
Once your wallet is set up, you'll have access to:
Live ship ownership opportunities with detailed ship information.
Real-time performance tracking of your portfolio
Regular updates on your ships' operations and routes
Earnings are distributed directly to your wallet
You'll also receive exclusive access to our shipowner community, where ship owners, maritime experts, and fellow participants share insights and updates.
Questions We're Getting (And Our Answers)
"Is my wallet secure?"
Yes. You just have to remember the security questions and key. Remember, these keys are yours and yours alone. Shipfinex utilizes bank-grade encryption and adheres to blockchain security best practices.
"What if I lose my recovery phrase?"
Unfortunately, we can't recover it for you; that's what makes it truly yours.
"When can I start owning ships?"
As soon as your wallet is created and funded, you can explore pre-vetted ships waiting for owners like you.
You're Part of Something Bigger
Every week, we see more shipowners joining our community. Sailors in the Philippines and India, port workers in Hamburg, finance professionals in Singapore, entrepreneurs in Dubai - all united by the vision of democratized ship ownership.
Your KYC completion and wallet creation mark the beginning of your journey into a community that's rewriting the rules of ship ownership.
The maritime industry has been exclusive for too long. With your Shipfinex wallet, you're helping change that one fractional share at a time.
The global shipping industry is waiting for you.
Questions or need help? Our support team is available 24/7 at support@shipfinex.com
Until next time,
Team Shipfinex