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NFC provides identity verification for collectible vinyl albums
time2023/04/12
- Vinylkey, a vinyl record manufacturing company, is connecting the physical world of music with digital logos and NFTs in the form of old-fashioned records. It is reported that NFT can provide product traceability and identity verification, as well as access to music content, users' favorite artists, and trading and sales options.
Vinylkey's albums are designed with a unique feature specifically for music collectors. Each album comes with a built-in NXP NTag 424 NFC tag at the center. The unique ID number encoded on this tag can link the detailed information of a specific record. Users can contact NFC enabled phones with tags, and the phone will open a webpage where they can view detailed information about the album and confirm its authenticity. The system also allows users to directly use their mobile payment account to pay purchase fees, and then they can register their ownership.
Linking buyers with content through NFC tags
Vinylkey's cloud based software management is linked to the data of each album purchased by users.
The surface of the record is printed with a unique ink splash pattern and the registration key inside the packaging. It is reported that during production, the company sprinkles transparent green and black materials on the surface of the record before printing, and then directly presses the ink pattern into the vinyl record in the final stage.
However, for NFC tags, the connection to the digital presence of vinyl records is real-time. Once users use NFC phones to access tags and access album data, they can register as owners. Buyers realize this function through blockchain NFT linked to digital artworks, photos, videos and other content. Individuals can also add other album albums to MetaMask based wallets, allowing them to sell or trade related products.
The factory is expected to exceed its current monthly production capacity of 40000 records in the future, and will consider expanding production capacity and selling its patented Vinylkey technology to other factories. The company does not directly collaborate with artists, but rather with their assistants or record companies.
According to convention, musicians cannot directly participate in album sales, but through the company's technology, musicians can now earn a certain proportion of secondary sales profits through NFT, as such transactions occur in the blockchain market where digital vinyl records are more expensive than other standard records, and the price can be determined by the artist or record company, depending on the built-in features of NFT.
Finally, the company suggests that artists and bands use Vinylkey versions in 10% of their albums.
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