Numbers Protocol (NUM) is a decentralized network utilizing Web3 and blockchain technology to ensure the provenance of digital media files. It aims to create a transparent and trustworthy environment by allowing digital media to represent their own records independently. The native protocol token, $NUM, incentivizes users to create, archive, and verify content with good integrity and can be used for various purposes within the ecosystem.

How is Numbers Protocol used?

The crypto Numbers Protocol (NUM) is primarily a utility token designed to incentivize users to create, archive, and verify content with good integrity within the Numbers Protocol ecosystem. Here are the main ways NUM is used:

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

Overall, the NUM token plays a central role in maintaining the integrity and authenticity of digital media within the Numbers Protocol ecosystem.

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