T.R.A.C.E. is our solution designed to authenticate and journal the journey of physical artworks through blockchain technology. T.R.A.C.E. stands for Tokenized Records for Artwork Certification and Evolution, combining physical technology with smart contracts to secure your art's legacy and legitimacy.
NOTE: Scanning chips does not work from mobile wallet browsers; please use regular mobile browsers. TRACE can only be set up via Desktop (If you only have a mobile wallet, we suggest using desktop + wallet connect to login)
The physical NFC chips are available upon request & are needed before creating your digital COA.
How T.R.A.C.E. Works:
Digital Certificates of Authenticity (dCOA): Each physical artwork is paired with a digital certificate, securely stored on the blockchain, enhancing credibility and longevity.
T.R.A.C.E. Chips: Embedded NFC chips act like mini wallets attached directly to the artwork. These chips are tamper-evident and generate a unique private key for maximum security.
Creator Contracts: Customized smart contracts, explicitly tailored for T.R.A.C.E., ensure that each artwork’s digital and physical authenticity aligns perfectly.
Records and Verification: T.R.A.C.E. records every significant event in an artwork’s lifecycle, from exhibitions to sales, onto the blockchain. This immutable history ensures that all ownership changes and validations are permanently documented.
Registered Agents: Galleries, auction houses, and other trusted entities play a crucial role as validators, adding layers of verification and affirming the artwork’s narrative.
We have streamlined the deployment of T.R.A.C.E. Certificates of Authenticity (dCOA) with a self-service flow directly within The Lab, making it easier than ever for creators to secure their works and legacy.
Log into your Lab account and create a new contract.
Name your T.R.A.C.E. Contract, add your contract symbol, and select "T.R.A.C.E." from the type of contract drop-down.
3. Proceed to the next step. ASCII art is optional for creators, so you can preview and skip this if you don't want any!
4. Select your blockchain. As of 04/17/2024, T.R.A.C.E. is supported on Arbitrum. In the following weeks, we will be adding additional Layer 2 blockchains.
5. Set the Royalty percentage and add a royalty recipient address. This will be on-chain, so collectors/marketplaces/auction houses that abide by royalties can send your specified royalty % directly to you.
6. Deploy your contract.
7. Create your token/dCOA (digital certificate of authenticity)
a. Add the title of your artwork
b. Add a description for the piece
c. Add the token media. We recommend that this be a picture of the physical artwork. (the T.R.A.C.E. holographic border is automatically applied to your token media)
d. Add any attributes & tags
8. Preview your token.
9. Mint your token
10. Scan the QR code with your phone to link your physical T.R.A.C.E. chip to this specific Digital certificate of Authenticity.
12. Tap the chip to your mobile device
13. Clicl "confirm and scan Halo"
13. Once confirmed, you'll be taken to this pop-up to finalize the minting and linking of the T.R.A.C.E. COA.
14. You're all set! Now, you can apply the chip and sticker to your physical.