
The project contributes to token engineering not only by focusing on the tokenization of everyday goods, a relatively new and less discussed field, but also by potentially developing a new ERC standard suitable for fungible yet unique goods.

For example, bottles of water are identical in content but may have unique manufacturing lot numbers. To prevent situations where consumers have tokens without physical goods to redeem, collateral-tracking becomes necessary, even if consumers are unlikely to care about a specific manufacturing lot number to redeem their token.

This necessitates a new ERC standard that combines fungibility with uniqueness tied to physical assets since neither ERC20 or ERC721 suffice the purpose. A robust collateral-tracking system will be a major milestone in achieving a full-scale tokenization of everyday goods, and the same new ERC standard could potentially be applied to other areas, contributing to the greater Ethereum ecosystem.

While tokenization is often associated with investments and profit, this project focuses on defensive tokenization to assist individuals who struggle to make ends meet. The underlying belief is that crypto and blockchain have the potential to achieve goals that traditional finance cannot, often overlapping with areas considered public goods.