TOKENIZATION OF COLLECTIBLES AND RELATED METHODS

1 . A method of generating a non-fungible token (NFT) for a collectible, comprising:

receiving a request to generate a token for the collectible from a requesting entity;

authenticating physical ownership of the collectible by the requesting entity using a vault authentication device;

retrieving a number of previously generated tokens for the authenticated collectible from a non-fungible token database;

retrieving a current value of the collectible from a collectible value database;

generating a fiat currency value of the non-fungible token as a function of the number of previously generated tokens for the authenticated collectible and the current value of the collectible;

generating the non-fungible token in a blockchain network as a function of the fiat currency value;

incrementing the number of previously generated tokens for the authenticated collectible in the non-fungible token database; and

assigning digital ownership of the non-fungible token to the requesting entity in the blockchain network.

2 . The method of claim 1 , further comprising authenticating the requesting entity in a collectible entity database that associates the requesting entity with an address in the blockchain network.

3 . The method of claim 1 , wherein the vault authentication device comprises a physical vault that dynamically records a presence of the collectable within the physical vault.

4 . The method of claim 1 , wherein the vault authentication device comprises a wireless reader that records a unique identifier of an NFC (Near Field Communication) device embedded within a sealed case of the collectible.

5 . The method of claim 1 , wherein generating the fiat currency value comprises an increased percentage of the current value of the collectible when the number of previously generated tokens increases.

6 . The method of claim 1 , wherein generating the fiat currency value comprises generating a value higher than the current value of the collectible when the number of previously generated tokens exceeds a threshold value.

7 . The method of claim 1 , wherein generating the non-fungible token in the blockchain network further comprises adding an upgrade metadata flag to a ledger for the non-fungible token as a function of a random number generator.

8 . The method of claim 1 , further comprising minting the collectible by assigning a grade and a unique identifier to the collectible and sealing an indicator of the grade and the unique identifier with the collectible in a sealed case for the collectable.

9 . The method of claim 8 , further comprising generating a current value of the collectible as a function of the assigned grade of the minted collectible.

10 . The method of claim 1 , wherein generating the non-fungible token in the blockchain network further comprises generating a contract for the non-fungible token that automatically transfers a portion of a transaction price to an originator account when the non-fungible token is transferred to a new owner.

11 . The method of claim 1 , further comprising:

receiving a request for the collectible from a delivery entity;

authenticating digital ownership of a number of non-fungible tokens generated using the authenticated collectible against a ledger of the blockchain network; and

delivering physical ownership of the collectible to the delivery entity upon authentication of the digital ownership.

12 . A system for generating a non-fungible token for a unique collectible, comprising:

a vault authentication device that authenticates physical ownership of the collectible by a requesting entity;

a non-fungible token database that tracks non-fungible tokens generated for the collectible in a blockchain network, wherein each non-fungible token identifies an owner and the unique collectible that the non-fungible token is generated for;

a non-fungible token generation system, configured to:

authenticate physical ownership of the collectible by a requesting entity using the vault authentication device;

retrieve a number of previously generated tokens for the authenticated collectible from the non-fungible token database;

retrieve a current value of the collectible from a collectible value database;

generate a fiat currency value of the non-fungible token as a function of the number of previously generated tokens for the authenticated collectible and the current value of the collectible;

generate the non-fungible token for the unique collectible in a blockchain network as a function of the fiat currency value;

associate the non-fungible token with the collectible in the non-fungible token database; and

assign digital ownership of the non-fungible token to the requesting entity in the blockchain network.

13 . The system of claim 12 , further comprising a collectible entity database that associates the requesting entity with an address in the blockchain network, wherein the vault authentication device authenticates the requesting entity using the collectible entity database.

14 . The system of claim 12 , wherein the non-fungible token generation system is further configured to generate the fiat currency value of the non-fungible token as an increased percentage of the current value of the collectible when the number of previously generated tokens increases.

15 . A method of generating non-fungible tokens for a collectible, comprising:

assigning a unique identifier to the collectible;

sealing an NFC device within a sealed case that holds the collectible;

authenticating physical ownership of the collectible at the first time by the requesting entity using a vault authentication device to retrieve the unique identifier from the NFC device;

receiving a request to generate a first token for the collectible from a requesting entity at a first time;

retrieving a first value of the collectible at a first time from a collectible value database;

generating a first fiat currency value of the first non-fungible token as a function of a first percentage of the first value of the collectible;

generating a first non-fungible token in a blockchain network upon receipt of a transaction receipt confirming payment of the first fiat currency value for the first non-fungible token;

receiving a request to generate a second token for the collectible from the requesting entity at a second time;

retrieving a second value of the collectible at a second time from the collectible value database;

generating a second fiat currency value of the second non-fungible token as a function of a second percentage of the second value of the collectible, wherein the second percentage is larger than the first percentage;

generating a second non-fungible token in the blockchain network upon receipt of a transaction receipt confirming payment of the second fiat currency value for the second non-fungible token.

16 . The method of claim 15 , wherein the NFC device is further configured to transmit a set of metadata associated with the collectible to the vault authentication device.

17 . The method of claim 16 , wherein generating the first non-fungible token in the blockchain network comprises recording the unique identifier and the set of metadata in a ledger for the first non-fungible token of the blockchain network.

18 . The method of claim 15 , wherein generating the first non-fungible token in the blockchain network comprises recording a number of non-fungible tokens created for the collectible in a ledger for the first non-fungible token of the blockchain network.

19 . The method of claim 15 , wherein generating the second non-fungible token in the blockchain network comprises recording a number of non-fungible tokens created for the collectible in a ledger for the first non-fungible token of the blockchain network and a ledger for the second non-fungible token of the blockchain network.

20 . The method of claim 15 , wherein generating the first non-fungible token in the blockchain network further comprises adding an upgrade metadata flag to a ledger for the non-fungible token as a function of a random number generator.