NUM is the native protocol token of NUMbers Protocol. It is primarily a utility token designed to incentivize users to create, archive and verify content with good integrity. The vision of Numbers Protocol is to create an ecosystem where photos (encompassing both images and videos) matter by leveraging proofs, integrity records and data provenance to increase the credibility and legitimacy of registered photos in the network. Participants, such as verifiers and other network operators can get rewards by providing services to increase the credibility and legitimacy of registered photos. NUM tokens can also be used to pay for services running in the decentralizedphoto network.
The decentralized photo network — The decentralized photo network is built with Web3.0 storage and ledger technologies. In this network, every photo is one-of-a-kind as it has its own Web3.0 identity and can only be registered once. Registered photos in the network have associated integrity records capturing context, ownership and creator signature. Post-creation records, including any modification and change in ownership, will be appended to existing integrity records ensuring content provenance and the traceability and verifiability of all
photos in the network.
Creators and photo asset owners participate by paying to register their photos to the network. Registered photos have their raw content archived with Web3.0 storage solutions and accompanying contextual and integrity data is stored to the blockchain. Additional contributions can come from use of network tools such as Capture App, which automatically collects metadata, generates integrity records and creator signatures. Users who chose not to create photos with network tools can digitally sign their photos with a valid Ethereum wallet. Blockchain storage ensures the immutability and transparency of the photo content. It is important to note that Numbers Protocol values users’ privacy and data rights.
Holders can choose to stake or participate liquidity farming to get more NUMs.
NUM is the native token of the decentralized photo network. Use NUM to buy, gift, register copyright and perform more actions for your images and videos.
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