Blackdot Unveils Machine for Blockchain-Backed Tattoos
A US-based company called Blackdot has introduced a revolutionary machine that creates tattoos stored on the blockchain as non-fungible tokens (NFTs). This technology allows artists to earn royalties from their designs in the future. According to Blackdot’s website, this innovation represents a fusion of art and science, providing an immersive experience for clients.
The company claims to have developed the world’s first fully automated and scalable tattooing platform. Tattoo designs are securely stored in the cloud and can be accessed at any Blackdot Studio. Blockchain technology is utilized to track tattoo execution. Each time an artist’s design is used, they earn a royalty.
Blockdot Gallery and Tradable Tattoos
In addition to the automated tattooing platform, Blackdot has launched Blockdot Gallery, a transactional hub for physically executed digital tattoo art. The company plans to offer limited edition tattoos known as Tradable Tattoos, which can be applied, traded, or gifted as unique digital collectibles.
This approach allows collaborating artists to control the supply of their work, offering limited edition collections and one-of-a-kind designs. Blackdot has partnered with renowned artists such as Tyler Hobbs, Omer Tunca, and John Craig for exclusive designs.
The Innovative Tattooing Process
Blackdot’s machine uses hidden test dots to learn about each client’s skin characteristics. These dots are compared against a skin database to determine the best settings for each tattoo location. The company holds a patent for its mapping and motion system.
Matthew Stephens, founder of DeviantArt, expressed excitement about this innovative approach that complements traditional tattooing methods. He believes it will benefit tattoo artists and other artists worldwide.
Expansion Plans and Funding
Blackdot is currently open in Austin and has plans to expand to major US cities like Los Angeles, New York, Las Vegas, and Miami, as well as internationally. The company raised $4.5 million in funding from FusionX Ventures in May 2021 and an undisclosed amount from FusionX Ventures and Tech Coast Angels in March 2020.
Blackdot is accepting investment applications from angel investors and institutions.
Hot Take: Blackdot Revolutionizes the Tattoo Industry with Blockchain Technology
Blackdot’s introduction of blockchain-backed tattoos marks a significant milestone in the tattoo industry. By leveraging NFTs and royalties, artists can now earn ongoing income from their designs. The combination of technology, art, and collectibles opens up new possibilities for both artists and clients.
This innovative approach has garnered support from popular artists, showcasing the potential for growth in the market. With plans for expansion and continued investment, Blackdot is poised to revolutionize the way tattoos are created and experienced.
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