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Unveiling the Numbers Protocol: Revolutionizing Digital Media Integrity

July 6, 2024
Altcoins
6 min

In today's digital age, verifying the authenticity of content has never been more crucial. Enter Numbers Protocol, a groundbreaking initiative poised to redefine the way we interact with digital media. By providing efficient, low-cost digital provenance infrastructures and decentralized storage, Numbers Protocol aims to enhance trust and foster innovative content monetization strategies. Whether you're an AI-powered company or a creator, this protocol offers seamless content verification, ensuring that your digital assets remain credible and traceable. Let’s delve deeper into how Numbers Protocol is transforming the digital landscape and what it means for the future of content creation and verification.

What is Numbers Protocol?

Numbers Protocol provides content verification for AI-powered companies and creativity tools. It offers efficient and low-cost digital provenance infrastructures and decentralized storage, which not only enhance trust in digital content but also provide a pathway for innovative content monetization strategies. The Numbers Protocol ecosystem is designed to address the growing concerns around untraceable, unverifiable, easily copied, and manipulated digital media content.

The Problem

The current digital content space lacks protection, trust, and freedom, leading to issues such as 2.5 million unlicensed images being stolen daily, resulting in damages amounting to $600 billion. This rampant theft and manipulation of digital media undermine the credibility and legitimacy of digital assets.

The Solution

Numbers Protocol aims to solve these problems by establishing a decentralized photo network that makes digital media assets traceable and verifiable. By leveraging blockchain technology, Numbers Protocol ensures that digital content is authenticated and its provenance is maintained throughout its lifecycle.

The Numbers Protocol Token (NUM)

The Numbers Protocol crypto token, NUM, serves as a utility token within the Numbers Protocol ecosystem. Its primary purpose is to incentivize users to create, archive, and verify content with good integrity. This is achieved by rewarding users with NUM tokens for maintaining the provenance of digital media files, ensuring their authenticity and trustworthiness.

Token Utility

NUM tokens have various utilities within the ecosystem, including:

  1. Incentivizing Users: NUM tokens are used to reward users for creating, archiving, and verifying content with good integrity, encouraging users to participate in the ecosystem and maintain the integrity of digital media.
  2. Payment for Services: NUM tokens can be used to pay for services running within the decentralized photo network, such as transactions related to content creation, storage, and verification.
  3. Staking and Liquidity: Users can earn rewards by providing liquidity to the network through staking, which helps maintain the health and stability of the network.
  4. NFT Marketplace: NUM tokens are used in the NFT marketplace, CaptureClub, where users can buy, sell, and trade NFTs with verified provenance.
  5. Digital Asset Management: NUM tokens facilitate the management of digital assets, ensuring their authenticity and provenance through the "Capture, Seal & Trace" process.
  6. Community Engagement: NUM tokens are used to incentivize community participation, such as through airdrops and other community-driven initiatives.

Unique Features

One unique feature of the NUM token is its role in the Numbers Protocol's decentralized photo network. The platform uses a capture, seal, trace approach to provide authenticity certifications and traceable records for data and content at the beginning of the content lifecycle, enabling users to claim and retain ownership of their data.

NUM also plays a crucial role in facilitating Numbers Mainnet's core functionality, which includes on-chain data archiving, revenue sharing, and NFT minting. Additionally, NUM tokens can be delegated to validators through a delegated proof-of-stake (DPoS) mechanism, allowing token holders to help secure the blockchain and share in the validator rewards.

Another unique aspect of the NUM token is its use in content verification. Users can stake NUM tokens to act as Content Verifiers, collaboratively confirming the truthfulness of content sources and ensuring that information shared on the platform is transparent and trustworthy. This decentralized, community-driven process harnesses the diverse knowledge of the community, minimizing the chances of misinformation.

Tokenomics and Distribution Model

The Numbers Protocol crypto token, $NUM, is an ERC20 compatible token with a total supply of 1 billion. It can also be bridged to BEP20, providing flexibility for users. The token has been allocated to various areas, each with a unique vesting schedule, ensuring a balanced distribution and long-term commitment to the network.

Token Allocation

The token allocation of $NUM is as follows:

  • Integrity Reward: 10% of the total supply, vesting 10% on TGE, 3-month lock, 4.29% monthly over 21 months. This allocation is for investors who invested at the early stage of the project or join the strategic round of the token sale and commit to the long-term contribution of the network as technical, business, marketing partners, or the network ambassador.
  • Public Sale: 20% of the total supply, vesting 20% on TGE, 3-month lock, then 20% quarterly. This allocation is for contributors who participate in the community round of the token sale.
  • Teams & Advisors: This allocation is for advisors and developers who participate in building the initial version of the decentralized photo network. The vesting schedule is a 1-year cliff after TGE or 3-month cliff after network launch (the shorter), then 2.78% monthly.
  • Ecosystem Development: 10%
  • Marketing and Operations: 10%
  • Community and Partnerships: 10%
  • Treasury: 10%
  • Airdrops and Bounties: 5%

Inflation Control

To control inflation, the Numbers Protocol employs mechanisms such as token burning and staking rewards. These mechanisms help maintain the value of the NUM token and ensure the long-term sustainability of the ecosystem.

The Team Behind Numbers Protocol

The Numbers Protocol crypto token is backed by a team of experienced professionals with diverse backgrounds in business development, marketing, data science, software engineering, and blockchain technology.

Core Team Members

  1. Sofia - Co-founder and Chief Growth Officer: Sofia has over eight years of experience in business development and marketing. Before joining Numbers, she worked for an AI startup and an intellectual property valuation firm as Head of Business Development. She is passionate about new challenges, embracing new technologies, and believes that technology should bring good to society.
  2. Tammy - Founder and Chief Product Officer: Tammy is a data scientist and a particle physics Ph.D. graduate from Manchester University. She has worked for Canonical, Viscovery, and DT42 as a software engineer, tech lead, AI developer, CEO, and founder. Tammy has a great curiosity about the world and loves to analyze everything in life to discover the rules behind it.
  3. Bofu - Founder and Chief Technology Officer: Bofu is a software engineer and architect with over 15 years of experience in data engineering, embedded systems, AI, and IoT. He is an Arm innovator, the top-five open-source developer of Taiwan 2017, and the consultant and opinion leader of blockchain and data policy in Taiwan. Bofu has strong faith in FLOSS, internet freedom, and is very active in the open-source community.
  4. Ethan - Global Developer Community
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In today's digital age, verifying the authenticity of content has never been more crucial. Enter Numbers Protocol, a groundbreaking initiative poised to redefine the way we interact with digital media. By providing efficient, low-cost digital provenance infrastructures and decentralized storage, Numbers Protocol aims to enhance trust and foster innovative content monetization strategies. Whether you're an AI-powered company or a creator, this protocol offers seamless content verification, ensuring that your digital assets remain credible and traceable. Let’s delve deeper into how Numbers Protocol is transforming the digital landscape and what it means for the future of content creation and verification.

What is Numbers Protocol?

Numbers Protocol provides content verification for AI-powered companies and creativity tools. It offers efficient and low-cost digital provenance infrastructures and decentralized storage, which not only enhance trust in digital content but also provide a pathway for innovative content monetization strategies. The Numbers Protocol ecosystem is designed to address the growing concerns around untraceable, unverifiable, easily copied, and manipulated digital media content.

The Problem

The current digital content space lacks protection, trust, and freedom, leading to issues such as 2.5 million unlicensed images being stolen daily, resulting in damages amounting to $600 billion. This rampant theft and manipulation of digital media undermine the credibility and legitimacy of digital assets.

The Solution

Numbers Protocol aims to solve these problems by establishing a decentralized photo network that makes digital media assets traceable and verifiable. By leveraging blockchain technology, Numbers Protocol ensures that digital content is authenticated and its provenance is maintained throughout its lifecycle.

The Numbers Protocol Token (NUM)

The Numbers Protocol crypto token, NUM, serves as a utility token within the Numbers Protocol ecosystem. Its primary purpose is to incentivize users to create, archive, and verify content with good integrity. This is achieved by rewarding users with NUM tokens for maintaining the provenance of digital media files, ensuring their authenticity and trustworthiness.

Token Utility

NUM tokens have various utilities within the ecosystem, including:

  1. Incentivizing Users: NUM tokens are used to reward users for creating, archiving, and verifying content with good integrity, encouraging users to participate in the ecosystem and maintain the integrity of digital media.
  2. Payment for Services: NUM tokens can be used to pay for services running within the decentralized photo network, such as transactions related to content creation, storage, and verification.
  3. Staking and Liquidity: Users can earn rewards by providing liquidity to the network through staking, which helps maintain the health and stability of the network.
  4. NFT Marketplace: NUM tokens are used in the NFT marketplace, CaptureClub, where users can buy, sell, and trade NFTs with verified provenance.
  5. Digital Asset Management: NUM tokens facilitate the management of digital assets, ensuring their authenticity and provenance through the "Capture, Seal & Trace" process.
  6. Community Engagement: NUM tokens are used to incentivize community participation, such as through airdrops and other community-driven initiatives.

Unique Features

One unique feature of the NUM token is its role in the Numbers Protocol's decentralized photo network. The platform uses a capture, seal, trace approach to provide authenticity certifications and traceable records for data and content at the beginning of the content lifecycle, enabling users to claim and retain ownership of their data.

NUM also plays a crucial role in facilitating Numbers Mainnet's core functionality, which includes on-chain data archiving, revenue sharing, and NFT minting. Additionally, NUM tokens can be delegated to validators through a delegated proof-of-stake (DPoS) mechanism, allowing token holders to help secure the blockchain and share in the validator rewards.

Another unique aspect of the NUM token is its use in content verification. Users can stake NUM tokens to act as Content Verifiers, collaboratively confirming the truthfulness of content sources and ensuring that information shared on the platform is transparent and trustworthy. This decentralized, community-driven process harnesses the diverse knowledge of the community, minimizing the chances of misinformation.

Tokenomics and Distribution Model

The Numbers Protocol crypto token, $NUM, is an ERC20 compatible token with a total supply of 1 billion. It can also be bridged to BEP20, providing flexibility for users. The token has been allocated to various areas, each with a unique vesting schedule, ensuring a balanced distribution and long-term commitment to the network.

Token Allocation

The token allocation of $NUM is as follows:

  • Integrity Reward: 10% of the total supply, vesting 10% on TGE, 3-month lock, 4.29% monthly over 21 months. This allocation is for investors who invested at the early stage of the project or join the strategic round of the token sale and commit to the long-term contribution of the network as technical, business, marketing partners, or the network ambassador.
  • Public Sale: 20% of the total supply, vesting 20% on TGE, 3-month lock, then 20% quarterly. This allocation is for contributors who participate in the community round of the token sale.
  • Teams & Advisors: This allocation is for advisors and developers who participate in building the initial version of the decentralized photo network. The vesting schedule is a 1-year cliff after TGE or 3-month cliff after network launch (the shorter), then 2.78% monthly.
  • Ecosystem Development: 10%
  • Marketing and Operations: 10%
  • Community and Partnerships: 10%
  • Treasury: 10%
  • Airdrops and Bounties: 5%

Inflation Control

To control inflation, the Numbers Protocol employs mechanisms such as token burning and staking rewards. These mechanisms help maintain the value of the NUM token and ensure the long-term sustainability of the ecosystem.

The Team Behind Numbers Protocol

The Numbers Protocol crypto token is backed by a team of experienced professionals with diverse backgrounds in business development, marketing, data science, software engineering, and blockchain technology.

Core Team Members

  1. Sofia - Co-founder and Chief Growth Officer: Sofia has over eight years of experience in business development and marketing. Before joining Numbers, she worked for an AI startup and an intellectual property valuation firm as Head of Business Development. She is passionate about new challenges, embracing new technologies, and believes that technology should bring good to society.
  2. Tammy - Founder and Chief Product Officer: Tammy is a data scientist and a particle physics Ph.D. graduate from Manchester University. She has worked for Canonical, Viscovery, and DT42 as a software engineer, tech lead, AI developer, CEO, and founder. Tammy has a great curiosity about the world and loves to analyze everything in life to discover the rules behind it.
  3. Bofu - Founder and Chief Technology Officer: Bofu is a software engineer and architect with over 15 years of experience in data engineering, embedded systems, AI, and IoT. He is an Arm innovator, the top-five open-source developer of Taiwan 2017, and the consultant and opinion leader of blockchain and data policy in Taiwan. Bofu has strong faith in FLOSS, internet freedom, and is very active in the open-source community.
  4. Ethan - Global Developer Community
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