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REGULATION
by
3 years ago

Azuki Introduced the Physical Backed Token

2022-10-26

REGULATION
by
3 years ago


Anime NFTs “Azuki” launched the Physical Backed Token (PBT) that connects physical items to digital tokens via a scan-to-own mechanism. The Physical Backed Token runs on Ethereum Blockchain.

 

Azuki is a collection of 10,000 avatar NFTs launched on January 12, 2022. The PBT will use Bean Chip, a physical cryptographic chip that generates a key pair. After scan the chip with your phone, the PBT will be minted. Then, the PBT will be transferred to owner’s wallet.

 

The PBT can track ownership lineage of physical items on blockchain, this enable authentication items to be traded using blockchain technology.

 

Top 5 NFT Collection by Volume (October 20, 2022)

1. Crypto Punks  1,008,598.12 ETH

2. Bored Ape Yacht Club 674,685.52 ETH

3. Mutant Ape Yacht Club 458,472.55 ETH

4. Otherdeed for Otherside 350,996.66 ETH

5. Azuki 265,726.31 ETH



 

 

 

 


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