The talk “Phygitals and Asset Bound NFT Standard (ERC-6956)” by Eicke Schütze explores the potential of combining physical and digital products using blockchain technology, trusted anchors and NFTs. The speaker introduces the concept of Phygitals, which stands for objects with a physical and a digital representation, as a new way of creating, owning, and displaying objects. These objects act as icons or gateways to access digital artworks, certificates, proof of possession and experiences - IRL as well as in the metaverse, using augmented reality or virtual reality devices. The speaker explains the benefits of Phygitals for manufacturers, artists and brands, such as:
• Enhancing the artistic expression and value of digital art by giving it a physical presence and context
• Enabling the verification and provenance of ownership and authenticity using blockchain technology
• Creating a trusted bridge between the physical and virtual worlds, and fostering a community of product owners
The speaker also showcases some examples of Phygital products, such as:
• The crypto stamp issued by the Philately Liechtenstein extending customer experience with puzzles, sounds and animations
• Amber Island, the Web3 Whisky society and its strictly limited world’s first Cryptopunk Whisky
• Soulboards, the unique artisan skateboard decks with Digital Soul, designed by Patrick Vogel
The speaker concludes by highlighting the relevance and impact of
• Leveraging Phygitals to protect and reward brands and collectors
• Trustworthy link technologies with examples
• Expanding the market and accessibility of products by using cryptocurrency and NFTs as a medium of exchange and ownership
• Enriching the metaverse with diverse and immersive digital art experiences that can be accessed through physical objects
The talk “Phygitals and Asset Bound NFT Standard (ERC-6956)” by Eicke Schütze is a visionary and inspiring presentation that showcases the potential of Phygitals as a new form of products that blends the physical and digital worlds. 🎨