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Technical Whitepaper
Compressed NFT Implementation for Physical Collectibles
Executive Summary
This whitepaper outlines the technical implementation of the G*BOY collectible figurine drop on the Phygitals platform. Each blind box contains a unique G*BOY figurine design, distributed at mint. The IP is owned by G*BOY, with minting infrastructure and physical custody provided by Phygitals.
G*BOY figurines are minted as compressed NFTs (cNFTs) on Solana, enabling cost-efficient on-chain storage while maintaining full blockchain verification. Collectors can hold their digital assets indefinitely or claim physical custody at any time.
Mint Parameters
Duration
Limited time exclusive minting window
Pack Options
Single Pack ($99) · Collector's Pack ($249 - 3 units) · Whale Pack ($399 - 5 units)
Easy Minting
Simple checkout process with multiple payment options including credit card and crypto wallets.
I. Real World Assets (RWAs)
1.1 Overview
Real World Assets represent the tokenization of physical items on blockchain infrastructure. Each NFT functions as a digital certificate of ownership for a corresponding physical collectible held in secure, insured storage.
1.2 Core Benefits
II. Blind Box Distribution Model
2.1 Design Collection
Each blind box contains one G*BOY figurine with a unique design. The specific design is not revealed digitally — the NFT represents the sealed blind box itself. The physical reveal occurs when the collector claims their item in real life.
2.2 NFT Representation
Upon minting, collectors receive an NFT that represents ownership of a sealed G*BOY blind box. This NFT can be traded, held, or redeemed for the physical item. The mystery of which design is inside remains until the physical box is opened by the collector.
2.3 Intellectual Property
G*BOY is an original character IP. Phygitals provides the minting infrastructure, blockchain integration, and physical custody services for this collaboration.
2.4 User Flow
Mint
Receive blind box NFT
Trade or Hold
NFT remains sealed
Claim
Request physical item
Reveal
Open box IRL
III. Technical Specifications
3.1 Blockchain Infrastructure
| Blockchain | Solana |
| Token Standard | Compressed NFT (Metaplex) |
| Creator Royalty | 3% |
| Physical Storage | Climate-controlled vault facility |
| Insurance | Full replacement value coverage |
3.2 Compressed NFT Implementation
G*BOY utilizes Solana's compressed NFT (cNFT) technology, which stores NFT data in a Merkle tree structure. This approach reduces minting costs by approximately 1000x compared to traditional NFTs while maintaining full on-chain verification and ownership records.
3.3 On-Chain Features
- •Instant cNFT minting upon payment confirmation
- •Cryptographically secure randomized distribution
- •Immutable ownership records stored on Solana
- •3% creator royalty on all secondary sales
- •Seamless integration with major NFT marketplaces
- •Items remain vaulted until redemption request
IV. Phygitals Infrastructure
Global Trading
Insured Assets
Redemption Fees
Phygitals operates institutional-grade vault facilities with climate control, 24/7 security, and comprehensive insurance coverage. All physical items remain in custody until redemption is requested by the NFT holder.
V. Redemption Process
Timeline
Physical claims will open when the figurines are ready to ship. Current estimates place this around 3 months from mint. NFT holders will be notified when claiming becomes available.
Once claims are open, NFT holders may request physical custody through the Phygitals redemption portal:
- 1.Submit redemption request through user dashboard
- 2.NFT is burned, transferring ownership rights
- 3.Item is prepared for shipment
- 4.Tracking information provided within 48 hours
- 5.Secure delivery to specified address
VI. Terms & Conditions
General Terms
- •All sales are final once cNFT is minted
- •3% creator royalty applies to all secondary market sales
- •Physical items remain vaulted until redemption is requested
- •Redemption requests processed within 5-10 business days
- •International shipping available (costs vary by destination)
- •Users agree to Phygitals Terms of Service and Privacy Policy
VII. Frequently Asked Questions
When will I receive my figurine?
You receive your cNFT instantly upon purchasing. Physical claims will open when the figurines are ready to ship — current estimates are around 3 months from sale. Once claims open, shipping takes 5–10 business days.
How do I claim the physical figurine?
Claims will open when the figurines are ready to ship (estimated ~3 months from sale). Once available, go to your Phygitals profile, select your G*BOY blind boxes, and click 'Claim'. Enter your shipping details, and the physical item will be sent to you.
Is this the G*BOY NFT collection?
No — this is not the G*BOY NFT collection. This is the official G*BOY NFT 1st Edition 6" Blindboxes Figurines Drop, powered by Phygitals. Each NFT represents ownership of an authentic G*BOY blind box.
Which colorway will I get?
It's a mystery! Each box contains a unique G*BOY colorway, randomly selected. The specific colorway is not revealed digitally — you'll discover which one you got when you open the physical box in real life.
Can I trade my G*BOY blind box?
Absolutely! Your G*BOY cNFT can be traded on Phygitals marketplace, as well as major Solana marketplaces including Tensor and Magic Eden. The new owner will have the right to claim the physical figurine or continue trading.