DigiPiglets

[DigiPiglet]

2021 EDIT: The piggy bank project has been halted, but DigiPiglets will continue to exist as NFTs.

Just check out www.DigiPiglets.com for more 
___

Today, I'd like to announce a new project for the Bitcoin sphere. As we all know, owning Bitcoin can be incredibly easy. Ask the average person on the street though, while most people have awareness of the Bitcoin "brand", they usually don't know how to use it. We want to show people how easy it can be to own Bitcoin, or give it to someone as a gift. To do this, we created DigiPiglets:

www.DigiPiglets.com



Each DigiPiglet will contain a private key which will be printed on a security hologram label, placed underneath the DigiPiglets. To retrieve your coins, you peal off the security label, and use the private key inside to load your coins on to your wallet. We are selling a special edition of bears and bulls for all our investors and traders out there






What would you like to see?

EDIT1: Shop live! Bitcoin payments enabled. Use Promocode "earlybird" for 20% discount

EDIT2: FAQ and Contact us updated

EDIT3: Comic Series started: https://imgur.com/t/comics/oHIeJVr

EDIT 4: First Prototype arrived

EDIT 5: First Samples arrived.

DigiPiglets on other platforms (more pictures and infos):

Twitter: https://twitter.com/DigiPiglets

Instagram: https://www.instagram.com/digipiglets/

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[BitcoinGirl.Club]

Quoting the whole post since you are newbie and people can not see the image from your post.

Hi guys!

Today, I'd like to announce a new project for the Bitcoin sphere. As we all know, owning Bitcoin can be incredibly easy. Ask the average person on the street though, while most people have awareness of the Bitcoin "brand", they usually don't know how to use it. We want to show people how easy it can be to own Bitcoin, or give it to someone as a gift. To do this, we created DigiPiglets:

www.DigiPiglets.com
Password: digipiglets



Each DigiPiglet will contain a private key which will be printed on a durable piece of paper, and placed inside the animal. It will be made out of a flexible rubber material, to give it a look and feel kind of like a rubber duck. To retrieve your coins, you have to cut open the DigiPiglet, and use the private key inside to load your coins on to your hot wallet. We are selling a limited edition of bears and bulls for all our investors and traders out there






Let us know what you think! We plan to start shipping in the second quarter of 2019. We will soon be taking Pre-Orders, so stay tuned.

The idea is good but I am still thinking about the security concerns.

== are you going to do 3d printing?
== You really need a bitcoin payment system. Paypal is a no no from me. I am sure for others too who deals with crypto.
== Shipping worldwide?
== What are you thinking about marketing?
== the final website will have not password? right?
== The website looks very nice and clean.

[DigiPiglet]

The idea is good but I am still thinking about the security concerns.

== are you going to do 3d printing?
== You really need a bitcoin payment system. Paypal is a no no from me. I am sure for others too who deals with crypto.
== Shipping worldwide?
== What are you thinking about marketing?
== the final website will have not password? right?
== The website looks very nice and clean.

Thank you for the edit and the feedback! Not sure what went wrong with the images

- 3D Printing: Maybe, we are still testing out different options to find the best results
- Bitcoin Payment: Definitely! Will be available shortly. But we have to offer traditional payment systems, since we are trying to attract newcomers, who, per definition, never had anything to do with Bitcoin before.
- Shipping worldwide: Yes, we do offer worldwide shipment. However, we expect some difficulties with certain counties who are taking a hostile stance towards crypto.
- Marketing: The main focus at the beginning will be to engage with the community here and elsewhere. We'll also create a blog to educate people about crypto in general, and how you can use our product. We are also contemplating various ideas for Guerilla marketing, the use of Social Media and traditional methods.
- The password protection will be gone once we officially launch
- Thank you

[eternalgloom]

How will you be able to ensure that you don't have access to those private keys?
I see that you're trying to reach people who aren't familiar with Bitcoin, but not having your customers be able to generate their own private keys in a secure way seems like a pretty big security concern.

Is it possible to also send Bitcoins into the paper wallet after the customer has received the pig?
How about printing a QR code and public key on the piggy bank itself?

I think it's a cool and unique project for sure, but I'm a little bit concerned at the security aspects of it.

[DigiPiglet]

How will you be able to ensure that you don't have access to those private keys?
I see that you're trying to reach people who aren't familiar with Bitcoin, but not having your customers be able to generate their own private keys in a secure way seems like a pretty big security concern.

Is it possible to also send Bitcoins into the paper wallet after the customer has received the pig?
How about printing a QR code and public key on the piggy bank itself?

I think it's a cool and unique project for sure, but I'm a little bit concerned at the security aspects of it.

Thanks for the feedback! There are indeed numerous things to consider regarding security. Different ways of storing crypto have different pro's and con's, the best thing people can do, is to not rely on any one method too much, but rather spread out their funds and be aware of risks associated with each method. Whatever doubts you have we will try to address in our blog, educate people about advantages and risks as good as possible, and most of all, take the necessary precautions to ensure security. These will include among others: printing paper wallets on a printer with no hard drive and disconnected from the internet, ensuring that no third parties get in contact with private or public keys, making sure no names can be associated with public addresses, etc...

It will definitely be possible (and encouraged) to send Bitcoin to the paper wallet address, and we will provide users with the address once the order has been made. It might be safer though, if the address is provided separately from the DigiPiglet. A potential thief who might think it's just a children's toy might get the (right) idea and grab it if he sees a QR code.

We are currently evaluating different methods of integrating the private keys into the DigiPiglet, one of which could be a similar arrangement like on Casascius coins. We will definitely consider offering users the option to put in their own private keys and reduce the price accordingly, if people prefer this option. I could imagine though, that people rather pick the easy way. Let me know what you think? We want to encourage people to start saving some money in crypto, just like they do with fiat (only without the inflation). Having a real piggy bank might help people grasp this otherwise "untouchable" asset.

[BitcoinGirl.Club]

How will you be able to ensure that you don't have access to those private keys?

This was my security concern.

We are currently evaluating different methods of integrating the private keys into the DigiPiglet, one of which could be a similar arrangement like on Casascius coins. We will definitely consider offering users the option to put in their own private keys and reduce the price accordingly, if people prefer this option. I could imagine though, that people rather pick the easy way. Let me know what you think? We want to encourage people to start saving some money in crypto, just like they do with fiat (only without the inflation). Having a real piggy bank might help people grasp this otherwise "untouchable" asset.

This will be a decent idea.

I wish you good luck with the project. May be some day I will consider to be your customer. 🙂

[DigiPiglet]

We've created a comic series starring the DigiPiglet and his friends, the anxious bear and the excited bull. We want to cover topics like investing, crypto and saving money.



What do you think? What are the mayor topics people still get wrong about crypto and investing? Let me know what you'd like to see in the future

Link to Imgur: https://imgur.com/gallery/oHIeJVr

[DigiPiglet]

A little update: First uncolored prototype arrived (since I can't display any images I'll link the twitter account, if anyone is able to display it that would be great!)


https://twitter.com/DigiPiglets/status/1108884554155261952


As for the private/public key, we will use specialty labels with tamper evidence, made by the same company that provided them for the Casascius and Denarium projects. The labels will be placed at the bottom of the DigiPiglets, so that you won't see it unless you lift it up. The security label will always display the public key, and only reveal the QR code + private key if pealed off.

DigiPiglets are designed to replace your regular piggy bank. People usually don't put thousands of Dollars (Euros/Yuan etc.) into their piggy bank, which is why we believe the security measures should be sufficient for a newcomer. People oftentimes get thrown off Bitcoin, because they have to learn so many other things (at least that's what they believe). Most people still barely know how to use the internet. If you want those same people to adapt Bitcoin, it might help if it comes in the form of something they know, and can hold in their hand. Those people usually don't care about KYC and they don't distrust the government. They do however feel like the money that they are saving is going away. They can't put it safely in a bank anymore, because the interest rates are close to, if not, zero. They can with Bitcoin however, provided they hold long enough. The HODL meme has been getting a bad reputation lately, but empirically, that's the only thing you have to do to get returns on Bitcoin.

We have a blog now as well: https://digipiglets.com/blogs/news

Check it out and leave us a comment. I am happy about any kind of feedback.


DigiPiglets on other platforms (more pictures and infos):


Twitter: https://twitter.com/DigiPiglets

Steemit: https://steemit.com/@nate.french

Instagram: https://www.instagram.com/digipiglets/

Reddit: u/DigiPiglet


What other animals would you like to see?

[eternalgloom]

Here you go:



They look really good actually! I'm glad that you've partnered up with the same company that provided the labels for the Casascius & Denarium coins.
I actually think this uncolored one already looks really nice, I'm a big fan of their general look.

Just checked out your store again and your prices are more than fair!

[Kakmakr]

Glad you added a prototype, but I would like something placed next to the prototype to get the actual size and dimension of the actual piggy Bank. The printing of the actual Private keys is a major concern, because people do not want anyone else to have access to the private keys, other than the owner of that Private key. <I suggest that you redesign the Piggy Bank to make provision for a slot to add your own Private key <piece of paper> or even a slot for a Ledger Nano hardware wallet.>   

Most people want the highest security for their coins and also a good hiding place for those coins. <Shipping the Piggy Banks without any coins or paper wallets will be the way to go, because you can place instructions on a website for people to create their own secure paper wallets or discounts arranged with a partnership with Ledger for their hardware wallets.> (( Buy a hardware wallet and get a piggy bank for a reduced price deals. )) 

[DigiPiglet]

Cheers eternalgloom!

Glad you added a prototype, but I would like something placed next to the prototype to get the actual size and dimension of the actual piggy Bank. The printing of the actual Private keys is a major concern, because people do not want anyone else to have access to the private keys, other than the owner of that Private key. <I suggest that you redesign the Piggy Bank to make provision for a slot to add your own Private key <piece of paper> or even a slot for a Ledger Nano hardware wallet.>  

Most people want the highest security for their coins and also a good hiding place for those coins. <Shipping the Piggy Banks without any coins or paper wallets will be the way to go, because you can place instructions on a website for people to create their own secure paper wallets or discounts arranged with a partnership with Ledger for their hardware wallets.> (( Buy a hardware wallet and get a piggy bank for a reduced price deals. ))  

This picture might help with dimensions. The piglet fits inside the 4cm (1.6 inch) square. The final model will be bigger though.

https://twitter.com/DigiPiglets/status/1109635118438731776

As for the security aspect: I agree that most crypto enthusiasts want the utmost security. Of course, we will take all the necessary precautions to make sure that sensitive data does not get into the wrong hands. I chose the company with the most experience in this field to minimize any possible risk. Either way, DigiPiglets are not designed to store thousands of dollars/euros. DigiPiglets should replace your piggy bank that you put a few bucks in, maybe a couple hundred. The other thing is, that all those hardware wallets have been successfully hacked (by ethical and non-ethical hackers). Paper wallets cannot be hacked. They have other disadvantages, but for the average user, trying to store only a few bucks, they should work in most cases.

Another aspect is, that people don't want to deal with all that technical stuff. As soon as you have to work with a computer or follow some technical instructions, people will be thrown off. There is a great portion of society, that does not work with computers. Those that do rarely even know how to use Google. Those, who are surfing the web constantly, tend to forget how many people participate in this economy without a technical device. This is the opportunity for those people to try out Bitcoin without risking much or having to figure anything out. The toy animals give them something tangible (and hopefully loveable ).

I do like the "slot" idea though. We initially planned on placing the label on a coin, inside a slot in the piggy. However, we chose to simplify it, and are considering a spin-off where we use the DigiPiglets theme to create other stuff, so we might end up building some slot-piggys 


I'll post the first colored sample soon. Stay tuned and thanks for all your feedback! If you want to help us push this project, just leave us some comments on Twitter, Instagram etc.

[Kakmakr]

Cheers eternalgloom!

Glad you added a prototype, but I would like something placed next to the prototype to get the actual size and dimension of the actual piggy Bank. The printing of the actual Private keys is a major concern, because people do not want anyone else to have access to the private keys, other than the owner of that Private key. <I suggest that you redesign the Piggy Bank to make provision for a slot to add your own Private key <piece of paper> or even a slot for a Ledger Nano hardware wallet.>  

Most people want the highest security for their coins and also a good hiding place for those coins. <Shipping the Piggy Banks without any coins or paper wallets will be the way to go, because you can place instructions on a website for people to create their own secure paper wallets or discounts arranged with a partnership with Ledger for their hardware wallets.> (( Buy a hardware wallet and get a piggy bank for a reduced price deals. ))  

This picture might help with dimensions. The piglet fits inside the 4cm (1.6 inch) square. The final model will be bigger though.

https://twitter.com/DigiPiglets/status/1109635118438731776

As for the security aspect: I agree that most crypto enthusiasts want the utmost security. Of course, we will take all the necessary precautions to make sure that sensitive data does not get into the wrong hands. I chose the company with the most experience in this field to minimize any possible risk. Either way, DigiPiglets are not designed to store thousands of dollars/euros. DigiPiglets should replace your piggy bank that you put a few bucks in, maybe a couple hundred. The other thing is, that all those hardware wallets have been successfully hacked (by ethical and non-ethical hackers). Paper wallets cannot be hacked. They have other disadvantages, but for the average user, trying to store only a few bucks, they should work in most cases.

Another aspect is, that people don't want to deal with all that technical stuff. As soon as you have to work with a computer or follow some technical instructions, people will be thrown off. There is a great portion of society, that does not work with computers. Those that do rarely even know how to use Google. Those, who are surfing the web constantly, tend to forget how many people participate in this economy without a technical device. This is the opportunity for those people to try out Bitcoin without risking much or having to figure anything out. The toy animals give them something tangible (and hopefully loveable ).

I do like the "slot" idea though. We initially planned on placing the label on a coin, inside a slot in the piggy. However, we chose to simplify it, and are considering a spin-off where we use the DigiPiglets theme to create other stuff, so we might end up building some slot-piggys  


I'll post the first colored sample soon. Stay tuned and thanks for all your feedback! If you want to help us push this project, just leave us some comments on Twitter, Instagram etc.

Ok, do I understand this correctlly.. you outsourced the creation of the paper wallet to a external company? <I hope you not doing this to wash your hands when something goes wrong with coins getting lost?>

I kind of agree with you that non-technical people might struggle with paper wallet creation and that malware infected pc's might compromise their paper wallets and you might get blamed for it. <Good point>  

Ps : Thank you for the latest picture.

[JanEmil]

Maybe add running number or limit the series to get the collectors interested.

[DigiPiglet]

Ok, do I understand this correctlly.. you outsourced the creation of the paper wallet to a external company? <I hope you not doing this to wash your hands when something goes wrong with coins getting lost?>

I kind of agree with you that non-technical people might struggle with paper wallet creation and that malware infected pc's might compromise their paper wallets and you might get blamed for it. <Good point>  

Ps : Thank you for the latest picture.

We will generate the keys, encrypt the data and transmit it to the company. They will print the labels and send them to us. A honeycomb pattern will indicate if the label has been tampered with. They have been producing labels for this specific purpose for almost a decade now. As far as I know, the other projects have not been majorly compromised by any attacks, whereas numerous exchanges, hardware wallets, desktop wallets and apps have been hacked. Of course we have to trust the company as well, but they would rather sell more labels than scam a few people for, again, $10

As for the collecting aspect: We want to create a variety of animals in limited edition series (whales, pandas...?). I was also thinking about sending some collectors items to advocates (and maybe opponents too?).

What else you'd like to see?

[Kakmakr]

Ok, do I understand this correctlly.. you outsourced the creation of the paper wallet to a external company? <I hope you not doing this to wash your hands when something goes wrong with coins getting lost?>

I kind of agree with you that non-technical people might struggle with paper wallet creation and that malware infected pc's might compromise their paper wallets and you might get blamed for it. <Good point>  

Ps : Thank you for the latest picture.

We will generate the keys, encrypt the data and transmit it to the company. They will print the labels and send them to us. A honeycomb pattern will indicate if the label has been tampered with. They have been producing labels for this specific purpose for almost a decade now. As far as I know, the other projects have not been majorly compromised by any attacks, whereas numerous exchanges, hardware wallets, desktop wallets and apps have been hacked. Of course we have to trust the company as well, but they would rather sell more labels than scam a few people for, again, $10

As for the collecting aspect: We want to create a variety of animals in limited edition series (whales, pandas...?). I was also thinking about sending some collectors items to advocates (and maybe opponents too?).

What else you'd like to see?

A paper wallet are not limited to taking only small quantities of coins, but I understand that this application would be more targeted at the kids out there and to serve as the modern day <improved> piggy bank of the early days.

At least your implementation with the paper wallet might be more secure than your competition, https://www.coindesk.com/kickstarter-launched-for-piggy-bank-that-lets-kids-save-in-bitcoin

[1337ip]

Interesting idea for sure.
It does seem like you could setup a program that sends your customers the 10 bucks in bitcoin after they generate a paper wallet themselves to keep in the piggy

Then they can come check their paperwallets:
web: http://www.1337ipjbp7u9mi9cdlngl3g5napum7twzm.com/
android: https://play.google.com/store/apps/details?id=host.expo.rnpaperwalletchecker

Great way to get some more into crypto though.

(sorry couldn't help the plug )

[klaaas]

Cool to see a piggy bank concept again.  Feels like the 2.0 from the foldable piggy banks.
May it be possible, maybe a nfc tag as the wallet inside to make verifying/using easy.

[Joel_Jantsen]

So if I understand the concept correctly, the private keys will be stored inside the Piggy right? What if someone robs the piggy or you lose it due to any circumstances? Do you lose access to your coins as well? That is if the private key is not backed up anywhere?

[DigiPiglet]

A paper wallet are not limited to taking only small quantities of coins, but I understand that this application would be more targeted at the kids out there and to serve as the modern day <improved> piggy bank of the early days.

At least your implementation with the paper wallet might be more secure than your competition, https://www.coindesk.com/kickstarter-launched-for-piggy-bank-that-lets-kids-save-in-bitcoin

That's true, we plan to add security instructions and use the opportunity to teach people how to use the private keys properly, and what other methods might be better for storing larger quantities of coins. We could include a little booklet, flyer or card with information. What do you guys think should be included in the manual?

Interesting idea for sure.
It does seem like you could setup a program that sends your customers the 10 bucks in bitcoin after they generate a paper wallet themselves to keep in the piggy

Definitely an option, have to check the legal aspect of that.

Cool to see a piggy bank concept again.  Feels like the 2.0 from the foldable piggy banks.
May it be possible, maybe a nfc tag as the wallet inside to make verifying/using easy.

Also an interesting idea. How safe are those tags (apart from physical theft)? Do you have any experience?

So if I understand the concept correctly, the private keys will be stored inside the Piggy right? What if someone robs the piggy or you lose it due to any circumstances? Do you lose access to your coins as well? That is if the private key is not backed up anywhere?

That's true, physical theft is not ruled out. We are not trying to be the perfect solution to storing Bitcoin. We are trying to be the "entry point" method, easy to use, with no setup required. It's also something that crypto enthusiasts can give as a gift to others, without spending hundreds of dollars.

Thank all of you for the feedback and support!

[poordeveloper]

Is the delivery "box"/envelope at least partially tamper proof, so we can see the piggy bank comes directly from you?

Not talking about labels here but actual physical protection of the label container (the piggy bank).

I understand this isn't made to store millions, but there's no way to know the 0.01s stored there aren't going to be worth those millions one day