Blockchain-Enabled : Securing Authenticity and Ownership in Digital Collectibles

Technical Architecture

• ERC-721 vs. ERC-1155: Former suits unique items (e.g., CryptoKitties), latter enables semi-fungible toy sets.

• Metadata Storage: IPFS decentralizes 3D model data, preventing rug pulls.

• Royalty Enforcement: OpenZeppelin contracts automatically distribute 10% resale fees to creators.

Anti-Counterfeiting Protocols

• Holographic QR + NFC: Physical toys embed chips storing Merkle root hashes linked to NFTs.

• Dynamic DNA: Each toy's blockchain record includes 128 unique traits (e.g., eye color gradients, texture variants).

Market Analysis

• NBA Top Shot generated $700M in 2024 via blockchain-verified video highlights.

• Counterfeit rates dropped from 28% to <2% post-NFT adoption in limited-edition Funko Pops.