I'm trying to get more for different projects.
What do you think about the binding procedure ? PoB
Wish I had a black light but sadly do not. Did not know they had a watermark....what are these notes made of?
Please clarify..binding procedure? You mean the godl strip?
The basic idea is that note will always have a face BTC value of 1000 satoshis , in your notes case it's 1002 Satoshi burned to it
It was really a concept introduction I worked on for a while, these notes seemed ideal to try this concept on as they are all serialized and probably really hard to reproduce.
Concept -
Make a physical item hold BTC value without a key.
Prerequisites-
Serialized item that's hard to fake/reproduce.
Burner addresses that can be printed to the item.
Process-
Sign message with item specifics from Minting/Burning address such as serial number and item details.
You could even sign the message with all buyers of items with reference so you can see who originally owned it to further verify an items validity.
You could do this process to let's say a $1 bill , and make it worth $1usd + Burned BTC (perfectly legal btw as long as the bill is spendable) in us.
I would love to further explore things I can do with this process.