Numbers Protocol
Crypto Overview
Project Overview
Numbers Protocol is a blockchain-based protocol designed to create an ecosystem for registering, tracking, and verifying digital media assets, particularly focusing on photos and videos. The NUM token serves as the native utility token of the platform.
Intended Utility
The primary purpose of Numbers Protocol is to build a decentralized photo network that ensures the authenticity and attribution of digital media. The NUM token is used for governance, staking, and rewarding participants who contribute to the network's verification and authentication processes.
Actual Utility Analysis
The platform demonstrates real-world adoption through partnerships with camera manufacturers and media organizations. The protocol maintains active development, with regular updates to its Capture App and verification tools. On-chain data shows consistent usage for media registration and verification purposes.
Token Distribution and Governance
Token distribution appears reasonably balanced with established vesting schedules for team members and early investors. The project maintains transparency in its development activities with regular updates and clear documentation. The team's backgrounds are verifiable with experience in relevant technical fields.
Technical Implementation
The protocol operates on legitimate technological principles, focusing on content authenticity and digital rights management. The revenue model is based on service fees and network participation rather than interest-bearing mechanisms.
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”.
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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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