| date | website |
|---|---|
| 2018 | https://flowertokens.terra0.org/info |
| collaborators | code | Paul Kolling, Max Hampshire, Luis Center, Andi Rueckel, Gregor Finger | https://github.com/terra0project/ |
Flowertokens was an experimental project centered around the tokenization and verification of natural commodities, and a first attempt at creating a combined crypto-collectible physical asset. Users could buy, trade, and speculate on tokenized dahlias via an online marketplace. The state of the individual tokens was automatically updated according to the different phases of their corresponding plant’s growth. Flowertokens further marked the beginning of a series of projects oriented around these themes from terra0. It ran for 3 Month and was located at Trust Berlin.
What does a decentralized verification process look like in practice, when applied to physical assets? How can we ensure that the digital token stays truthfully linked to the changing condition(s) of such an asset? And finally, how can this nexus of information itself operate in a trustless manner?
The Flowertokens project aims to make these issues raised more tangible. The characteristics of Flowertokens can best be described as a mixture of a crypto-collectible and a verified, constantly updated security; a new category of ‘live’ cryptotokens.
What does it look like? Every plant is represented by and tied to an individual ERC721-standard Flowertoken held on the Ethereum mainnet. The physical installation consists of a grow rack, 100 Dahlias and a web interface which provides the current condition of the tokenized flowers. The setup is monitored 24/7 by a camera system which will provide images for the website, as well as data for a computer vision program which will update the tokens’ states once a day according to their respective flower’s condition.
Users can interact with the project via the website. As well as acting as a portal to the physical installation, the website doubles as a marketplace where users and visitors can sell or buy tokenized plants, as well as look at the plants’ ownership status, current value, species, age, size, and health.
Tokens are initially bought from us. Individuals are able to sell their tokens to others in the crypto-flower-collector community (if they wish), as well as purchase tokens from others, for the for the duration of the experiment.
The Project ended in 2018.
There are multiple medium article going into the specification of the project:
