I am currently working on a physical Bitcoin system, based on a highly secured paper notes, infused with NFC (fiber tubes) and de-centralized cold storage.
I am planning on raising capital for this project on Kickstarter in mid October and need the current capital to produce the POC notes.
currently, I am working with a small team to set up the website for purchasing the notes and an API to validate the notes.
Since the notes will not include the private keys, the Bitcoins will be safe (and additionally insured by a well known insurance company). Each note will have 3 offline security measures and 2 online measures (verify note validity).
the cold-storage will be set up from both cold and paper wallets, located in separated locations (Bank safes).
We are planning to start marketing in 2015Q1, first on a small scale (invitation only) and then public on 2015Q2.
As I mentioned the current bond will be used to back the POC notes it will be placed on the de-centralized cold-storage