I ordered a couple of these
INTRODUCTION
“Every Hornady Security® RAPiD® Safe can be programmed to read up to five different RFID tags including the RFID Watchband Tag.”
Well there you go, That is their sales pitch…There is no more.
Let me attempt to answer a few more questions
Nope, they are NOT T5577, they are EM4100 chips
(tried: detect, wipe, write, all no go)
TESTING INCLUDING READ RANGES
using the good ol’ eye-ometer
PM3 ~ 30mm
Flipper ~ 30mm
TEARDOWN
Indeed, it fits nicely on a 22mm strap.
I’m not sure how they could fall out.
I wouldnt call it a tight compression fit by any means, but the strap should still prevent it from falling out.
Although I have only had mine for a few days, so there is still time for that to happen.
I squeezed a 15mm T5577 in, but it only just fit, so the chance of falling out is highly unlikely with those exra 3mm, but after waterproofing, it may not fit in at all.
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An xSeries like you describe (NExT or xMagic) will fit, and should be protected from the bottom by the strap and the top and sides from the cover itself. As you mentioned, A dollop of hot glue / silicone woud help to secure it in place.
It is difficult to tell from the photo, but there is a very nicely finished resin dome covering the chip and antenna
PROs
• Good for non Cyborgs
• Good for cyborgs that aren’t up for a FlexEM ( Or others of that size )
• Cheap
• Replace with your own chip of choice
• Good range
• Convenient
CONs
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Wireless watch charger could be a problem
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Only really for people with watches with certain straps
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Not an implant
“HACKS”
Pop another 12mm - 15mm coil antenna chip in it, LF or HF, but be aware, if you have NFC enabled on your Smart Watch, you COULD have issues with the HF.
- Consider water proofing it ( Resin / glue etc ) for Showers, rain, swimming, diving etc
PRICE
USD$10
SUMMARY:
We are all about implants here, but this is a good and convenient alternative for people without.
The default chip that comes with the holder is limited in its use as it is locked as EM4100.
Replacing with another chip is a good option if you need something other than EM or if you don’t have access rights to enroll the preset UID
LINKS AND RESOURCES
POLL
Rating by the community 
PLEASE ONLY VOTE IF YOU HAVE ONE OR HAVE USED ONE
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