Numbers Protocol
Crypto Overview
Understanding the Intended Utility
Numbers Protocol is a decentralized photo network that aims to create a transparent and reliable media asset ecosystem. The protocol provides tools for registering, tracking, and verifying the authenticity of digital media assets, particularly images and videos. The NUM token serves as the native utility token of the Numbers Protocol ecosystem.
The primary functions of NUM include governance rights, staking for network security, and rewards for contributors who help maintain the integrity of digital media assets on the platform.
Actual Utility Assessment
The protocol has demonstrated real-world adoption through partnerships with camera manufacturers and media organizations. The platform includes several working components: Numbers Capture for registering original media, Numbers Seal for verification, and Numbers Chain for tracking asset history.
Development activity remains active, with regular github commits and ecosystem updates. The project maintains clear documentation and technical implementations of its media verification system.
Token Distribution and Founder Analysis
The NUM token distribution includes allocations for ecosystem development, team members, and early investors with appropriate vesting schedules to prevent immediate dumps. The founding team has backgrounds in technology and media authentication, with verifiable track records in relevant fields.
Technology and Revenue Model
The protocol's revenue model is based on service fees for media registration and verification, avoiding interest-based mechanisms. The underlying technology focuses on providing genuine utility through media authentication rather than speculative financial products.
Crypto Impact
To assign a comfort level investing in Numbers Protocol from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Numbers Protocol.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.