Abstract:
This paper investigates the integration of blockchain technology into collectible toys through non-fungible tokens (NFTs) and digital twins. We examine smart contract applications for ownership verification, royalty distribution to artists, and gamified experiences. Technical challenges include QR code/RFID integration for physical-digital linking and secure NFC chip implementation.
Key Sections:
NFT Metadata Standards: ERC-721 vs. ERC-1155 for toy collections with interchangeable parts.
Anti-Counterfeit Systems: Public blockchain ledgers vs. permissioned chains for brand protection.
Play-to-Earn Models: Linking physical toys to digital assets in metaverse platforms.
Regulatory Hurdles: GDPR compliance for child-targeted NFTs and cross-border data laws.
Technical Depth:
Explores zero-knowledge proofs for age verification and Merkle trees for inventory tracking.
