My first token, BKEYCHAINUSA, can be exchanged for a physical good (includes mailing service too). This token may be redeemed for one Bitcoin Keychain, as seen at Bkeychain.com. It includes one new keychain (in retail packaging), the postage to First-Class Mail the token to an address within the USA, the padded envelope, and my time to send it out. To redeem, you send me the token and a U.S. mailing address.
Two BKEYCHAINUSA tokens have been in circulation. The first was given to someone as a tip. That person, in turn, tipped the token to someone else. And that second person has just redeemed the token, and thus I have put a keychain out for the postman to pick up.
The second BKEYCHAINUSA was won on the new LTB Auctioneer platform just yesterday. It has not been redeemed.
I will have more auctions, but if anyone wants to buy a keychain (or a token) for LTBc, feel free to message me. Maybe you have a lot of LTBc as a content producer, and want to see a token turn into a physical item. Maybe you've been meaning to tip someone, and this would be a fun way to do so?
I don't see this as a profitable venture, but more a way to be hands on with using my own token, and way to be involved as we all learn. I will add another token for international shipping, for those who don't live in the U.S. And I will probably distribute similar tokens on the Dogeparty platform.
Note that the value of the token requires trust in me, and me being physically able to redeem the token (if I'm on vacation, or dead, that could be tough). It's similar to the HOURCONSULT token Adam has, in that you do have to trust someone to follow through on redemption.
