Eight Hours Foundation
8Hours Foundation’s mission is to create ways for people to connect and play, strengthen their social fabric through social interactions. We found that the best way to foster social bonds is simply by spending an average of 8 hours a week interacting with each other, and so we set out to the most meaningful experiences there is social play. By creating a new environment that blends physical board games and digital possibilities, we propel social play into the 21st century.
The world is disconnected and fragmented. With the influence of social media, people are feeling isolated and alone more than ever before. We are plagued by a loneliness epidemic. In the last fifty years, the rates of loneliness have doubled in the United States alone, and this increase has been associated with several growing concerns related to mental and physical health.
At 8Hours, we aspire to build a platform for everyone. We capture the value that is created from meaningful social experiences and deliver that value directly to members of the ecosystem. We envision a world where technology is used to create stronger social bonds by bringing people together through play. We seek to create technology that will help create everlasting memories and forge social bonds that will last a lifetime. By blending digital and physical games, there’s an opportunity for an entirely new kind of human-computer interaction that enhances our relationships with the people in our lives.
The 8Hours Platform is a software ecosystem for providing meaningful social content to bring people together. It uses the Eight Hours Token (EHrT) as a utility token for the validation of physical collectibles (such as on the TapTop) and minting in-game currencies for developers. The protocol is built on top of the VeChainThor blockchain to provide a trustless and decentralized platform for any toy maker, game developer, or consumer to engage with without going through a gatekeeper.
How it works
First, Eight Hours Tokens (EHrTs) are burned to create a VIP181 non-fungible token (AAC). Through the use of low-cost RFID tags, the AAC stores the globally unique identifier of the RFID tag onto the blockchain. Whenever the collectible needs to be validated, the non-fungible token (AAC) is referenced by scanning the RFID and using the ID as the index. Hardware encryption on the RFID tag provides security at the physical communication layer. Now the digital context can be added to the AAC in the form of transactions or metadata.
Toy makers can use EHrT during the manufacturing process to generate the digital record from the inception of the toy. Collectors can add RFID tags to existing collectibles that don’t have tags pre-embedded if they wish to begin the digital record for their collection. Makers who enjoy 3D printing can create small-scale batches of toys in a similar process. Thus, both end-users and toy manufacturers can use EHrT’s mechanism for AAC creation.
Since 8Hours is built on top of VeChainThor, Multi-Party Payment protocol is used to sponsor transactions for endusers. This supports a cleaner user experience because the end-user is not required to have sufficient gas in their wallet to conduct a transaction. The business can sponsor the transaction knowing that the overall outcome is still net profitable. This gives Toy Reality much more accessibility in that users don’t have to overcome educational hurdles in nuances of cryptocurrency before they join the platform.
RFID and NFC readers are present in modern smartphones, POS systems, and other compatible devices, and are also able to use 8Hours to read and validate data. In the future, it is possible to extend the storage, access, and exchange capabilities of 8Hours to other tracking technologies such as barcodes, QR codes, or other visual object recognition technologies.
Second, data and proof of ownership is stored on the blockchain. The 8Hours Platform registers and tracks ownership and metadata of physical objects through certificates created on the blockchain. It leverages the VeChainThor blockchain to provide immutable, tamper-proof, and transparent record keeping. 8Hours Platform 5 13 Learn more about 8Hours Foundation www.8hoursfoundation.org
For toys, this data can be everything from character levels to loot upgrades and achievements hard won in-game. Beyond properties in toys, metadata can also include categories like warranties and IP ownership. This level of open access gives physical objects unlimited data and trackability which provides unique features hard to implement previously like royalties and marketplace analytics.
Third, owners control storage, access, and exchange of data via private key.
Storage: The 8Hours Platform assigns unique identifiers to the object and pairs it with the public address of the owner and the public identifier of an RFID tag to create an AAC on the blockchain. Additional object properties are assigned depending on application use case — including descriptions, timestamps, and encrypted data. The AAC itself is a NonFungible Token able to be sold on exchanges.
Access: 8Hours provides a developer API to read the data associated with a physical object. This software can be incorporated into anything equipped with an RFID reader, including all Android-based phones and newer iOS phones.
Exchange: 8Hours inherently creates proof of ownership with a user’s private key and will also facilitate the exchange of ownership. Using an 8Hours-enabled exchange, buyers and sellers can trade their physical toys and AACs, along with their digital identities. This provides immediate value to the time and energy spent playing with physical toys, as gamers can earn upgrades or obtain rewards based on incentive economics.