Draft:Memory Coin

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Memory coins are a technology used to preserve memories and personalize keepsakes. Memory coin technology that attaches to collectibles, enabling read/write access for memories to encode objects. Memory Coins are embedded with tap technology (nearfield communication sensors + variable data software) and can be added as an accessory to any object or embedded to objects. Once attached, owners can encode digital media via web and smartphone including social media, videos, digital photo albums, audio links, ancestry.com profiles and more. This integration enhances the traditional memorabilia experience by offering authentication, interactivity, and personalized content.

Near-Field Communication (NFC)[edit]
NFC, which is short for near-field communication is a technology that enables smartphones to communicate with an NFC device or tag over short distances. When a user interacts with a sensor by bringing a compatible device close to the item, the sensor can wirelessly communicate with the device to be accessed and displayed on the user's screen. NFC devices are often used in contactless payment, electronic tickets, and printing. In the context of memorabilia, NFC tags are embedded in the coin, allowing users to interact with them using NFC-enabled devices. This technology has found its way into the world of memorabilia, creating a bridge between the physical and digital realms.

Design[edit]
Memory coins include an application or platform, known as a Vault (similar to a digital bank vault) where memory coins are stored in a digital repository or secure cloud repository for digital keepsake and corresponding memory management. Magic links are used to authenticate and manage user access.

Key Features[edit]
Personalization - Memory coins allow for the creation of personalized experiences tied to each memorabilia item. Collectors can store and access relevant information, personal anecdotes, and messages related to specific memorabilia.

Engagement - The introduction of NFC in memorabilia delivers an interactive element, allowing collectors to access digital content related to their items. Memory coins provide an immersive user experience that links a physical item with an associated memory.

Value - Objects collected typically have immense significance to a memorable event, person, or experience. Collectibles are often symbolic of history and can be in the form of objects such as photographs, clothing, trophies, and books.

History[edit]
Memory Coins were created and launched by Vaulted by former college classmates Lara Hanson and Caterina Abballe in 2022. Vaulted was one of a handful of companies admitted to the 2023 Tech Stars Founder Catalyst program with JP Morgan Chase.

See Also[edit]

 * WTNH, Connecticut News 8
 * Techstars
 * Near-field communication
 * Collectable