The first coin produced by Matthew, the 1BTC 2013
coin was created before the ‘Microsoul’ brand, and is
thus quite different from his later designs. The coin
itself is extremely generic and simple, inscribed only
with ‘1 Bitcoin’ in raised gold letters.
Of the 100 minted, 62 were funded and the remainder
were sold as blanks. 50 coins remain funded.
This coin is unique in its operation. While most similar
coins simply include a private key like a paper wallet,
the private key on this coin is not actually the private
key per se, but a written code representing it. Buyers
of this coin received a piece of paper containing a
simple equation to decrypt the code. A list of coins is
maintained by the Microsoul website, with the name/
screen-name of each owner publicly visible. In the
event that a coin is transferred or sold, the seller should
include the original private code received with the
coin, or else the concealed BTC cannot be redeemed
without assistance from Microsoul who maintains
a copy of each decryption code. A further point of
interest with this coin is that the private key code is
actually engraved to the back of the coin, instead of on
a piece of paper behind the sticker.