The redemption window opens, and you redeem the NFT for the physical item. No burning required: you get to keep the NFT as well as the physical version. The NFT itself, built on a mutable standard, simply toggles its ‘redeemed’ trait to YES. The sneakers arrive in the mail. The logo is impregnated with a polymer containing thousands of minuscule diamond particulates, creating a unique, scarcely visible, and unforgeable signature. You scan it with your smartphone camera and it takes you to the shoe’s corresponding NFT. For good measure, the tongue of the shoe also contains an NFC chip.

Wearing the shoes around, locational triggers grant you further experiences. Your wallet fills with goodies — a POAP here, a rebate there. You discover that the NFT comes with access to events thrown by the designer. Your ticket to their next art show consists of the chip embedded in the shoe. You earn a skin from attending the event and promptly use it to customize the digital version of your shoe. Basic biometric monitoring tracks your time spent wearing the shoe and builds a usage profile together with the locational data. Some users prefer stealth mode, but you don’t mind sharing the data — you permission its release to the manufacturer in exchange for a direct USDC payment to your NFT-associated wallet.

Later, you decide to sell the shoes. You strike a deal with a buyer, putting the NFT and the funds in escrow, while you mail the shoes. When they get the package, they scan the tag, safe in the knowledge that they are receiving the genuine item. They verify the shoes are in good condition and the escrow releases the NFT to the buyer and the funds to the seller.

This consumer lifecycle may seem far-fetched, but all the tools required to make it a reality exist today. As I’ll explain here, consumer products, especially high-end or luxury ones, significantly benefit from being paired with accompanying NFTs. The realization of these experiences is underway, and the more complete version is just a matter of time. The ‘digital twin’ or ‘phygital’ model will significantly outmatch standard luxury consumer experiences and I expect it to accelerate the mainstreaming of NFTs.

👉 How It’s Happening ?

• Daily 1 detailed blog • Full Support by Team • Exclusive / Early Content

Mantle is a high-performance Ethereum layer-2 network built with modular architecture delivering low fees and high security. Builders can leverage Mantle’s unique design to build dApps with exceptional UX, all while relying on Ethereum’s unrivaled security. Mantle is a BitDAO product run by the $BIT community. As a reminder, BitDAO launched in June 2021 and raised $230 million in a private funding round. Among the investors: Founders Fund, Pantera Capital, Dragonfly Capital and others.

About Mantle Testnet : Mantle Network is getting roles for the future testnet.

1. First of all, join Mantle Discord Server from here. The bot is lagging a bit today. If you don’t receive your Verified role immediately, please wait a few minutes and try again. After you are done, write !bit in the #bot-commands thread.

2. Next, follow their twitter account before January 10th or just do it fast.

3. 3. Write the ⚙️ symbol in your Twitter bio (not in your username).

4. 4. Next, complete tasks in Crew3 to get “Mantle Crew” role.

5. Complete Crew3 tasks in the #Mantle-Testnet section to get the role of “Mantle Tester”

   1. Complete daily tasks in Crew3 to get the role of “High Activity”.

   2. Get the role of “OG” by following all the steps in Crew3.

   Roles are really Important. Deadline is 10th January but do complete the task as you might be eligible for future testnet role. Other steps will be posted soon.

   Guys don’t forget to clap max on this tutorial pls it takes hardwork.

• NFT name Service

• Account Abstraction

• Free Mana

KAP believes that the future is decentralized and that every user should have access to easy to use account management tools, regardless if they are new to blockchain or if they are a core developer for a dApp!

By offering blockchain users access to FREE human-readable named accounts, abstraction of complex features and FREE Mana, we open the doors to a more secure and accessible future for all users and allow blockchain to scale at a social level that was never before possible.

Not only will users be able to recognize each other with human readable-names, they’ll also be able to do things like identify the legitimacy of an NFT by visually inspecting the NFT’s KAP account name.

Users will also be able to set up risk free accounts that can interact with any dApp, yet hold zero tokens, or even deploy account recovery tools like a social recovery smart contract. Users can even setup an automatic transfer after a specific amount of time in case they lose access to their private key, all without writing a single line of code!

The possibilities are endless with KAP and we welcome you to read our white paper at http://kap.domains and follow our twitter page at https://twitter.com/kapdomains for the latest information! Stay up to date by joining the Koin Press email list, also available on our website.

KAP is created by Luke M. Willis and Kui Xi He, long standing members of the Koinos Blockchain community and the same team behind burnkoin.com. KAP will be fully decentralized and user owned via a DAO. To see tokenomics of the $KAP token, refer to the white paper. KAP will be launched on the Koinos Blockchain.