Physical and digital collectibles have many similar traits, such as strong fan affinity and pride of ownership (otherwise known as “bragging rights” as you show off your collections). However, digital collectibles have many advantages over physical collectibles. This helps to explain the transformation of the collectible space over time and the fan interest in digital collectibles.
The advantages that digital collectibles have over physical collectibles include:
Prevention of Counterfeits - A digital collectible’s authenticity is more reliable and easier to manage. It can be tied to a Non-fungible Token (NFT), which is the digital equivalent of a certificate of authenticity, and solves a lot of issues around fraud that can occur in the physical world.
Better Storage and Easy Delivery - A digital collectible is easier to store and deliver without the wear and tear that can occur with physical collectibles.
Better Sharing - A digital collectible has vastly better sharing options if you want to show your collectible or collection to friends, family or the public. You can do so over text, email or a public showcase. You can also present your digital collectible online or in an offline frame that has storage and display capability.
A fan can have the same thrill, affinity, and enjoyment from owning a digital collectible as owning a physical one - plus all the conveniences of verifiable authenticity, easy delivery, storage, and sharing.
What are other benefits of my digital collectible?
In addition to owning your digital collectibles and displaying and sharing them as you want–enjoy the bragging rights--there are lots of other benefits. Some teams may offer personalized benefits, such as VIP access to an event or access to unique digital and real world content. These perks are sometimes referred to as "utility". In some cases you may be able to add on-to, customize, or enhance your digital collectible–but you should note that any such changes will be layered enhancements, and will not change the underlying digital collectible.
Are my digital collectibles unique?
Every digital collectible from NHL Breakaway is unique, individually-numbered, and trackable on the public blockchain with records of authenticity. It might be unique with only one created, or it might be individually numbered and part of a limited series. Sweet creates each collectible series on the public blockchain, including the total number available. Once created, the series cannot be edited or changed by any party, including Sweet, its partners, or clients. The public blockchain also stores a permanent record of who created it, and every owner.