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Some people keep the wristbands as souvenirs or wear the wristbands after the event to show what events they went to. [ 5 ] Further uses for wristbands include event ticketing at music festivals, and sporting events may include an NFC ( near field communication ) chip that would allow contactless payment at the concessions and turnstiles.
The wristbands have also become a popular tool used in fundraising, as both the wider and thinner bands are cheap to custom manufacture. [ 6 ] [ 7 ] The price of these wristbands varies depending on the particular campaign but is often $1 or £1, and the majority of the money usually goes towards the charity or cause involved.
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Although what is generically referred to as the NATO Strap or NATO G10 Strap entered the market in the early 1970s, and both terms had already been ubiquitous in the watch world for many decades, a US company (International Watchman Inc) managed to trademark the word NATO in 2011 (TM 3907646) and NATO-G10 (TM 4093914) in January 2012 under product class IC 14: Watches, Watch Straps.
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