Collecting valuable phygital collectibles on Ciphers.me merges the physical and digital worlds of collecting using blockchain technology.
Collecting valuable phygital collectibles on Ciphers.me consists of two parts: on one side you have the physical real-world asset e.g. a crypto stamp booklet or physical banknote. The second part is the 'digital twin'. On Ciphers.me, you can claim these digital twins and add them to your collection and then you can mint them. Minting turns the digital twin into an NFT on the blockchain.
In other words
The physical collectible is accompanied by a digital representation, the digital image with unique characteristics. This digital image and the characteristics are both registered as an NFT on a blockchain, which guarantees authenticity and ownership.
Collectors can purchase, sell, or trade these digital collectibles on various online platforms that support blockchain-based collectibles. The ownership transfer is recorded on the blockchain, which is an online digital record book where the ownership and authenticity data is stored at multiple different locations which guarantees it is there to stay.