What is Numbers Protocol? Overview of the NUM . token

• What is the Numbers Protocol project?
• Overview of Numbers Protocol
• Numbers Protocol's project team and investors
• Numbers Protocol development roadmap
• Numbers Protocol's Tokenomics
• Conclude

What is the Numbers Protocol project?

Numbers Protocol is currently building a decentralized image storage network for the Web 3.0 platform. Recognizing the risks of plagiarism and plagiarism of digital images, the Numbers Protocol project is designed to ensure the fairness of the copyright of digital works. In a more understandable way, Number Protocol plays the role of turning digital works into NFTs , making it easy for users to buy, sell or rent for a fee. With a decentralized image network, digital works in the form of NFT on Numbers Protocol can be traced and authenticated through innovative software such as Capture, Seal, Trace.

The Numbers Protocol project ensures fairness in copyright issues for image data on the Internet

Overview of Numbers Protocol

How it operates and revenue sources on Numbers Protocol

As mentioned above, the Numbers Protocol project is operated through a system of software and applications as follows:

• Capture App: Not only the first blockchain camera, but also an NFT (allowing users to take pictures) and photo origin storage wallet
• Seal API: A tool that includes advanced features of the development team, to help users create works, register copyrights and recover assets
• Tracing Web: User can view certificate and history of photo
• NFT search engine: Help users find NFT history associated with photo content and help NFT exchange to detect stolen cases
• CaptureClub: The original NFT exchange for photos created through the Numbers Protocol. Users can list their NFTs on this app or other exchanges in the same system

Operating system in the Numbers Protocol project network

If users access the system of applications through the Capture application, they will have to pay a 2% fee to the service provider. In addition, Numbers Protocol will also have a number of other additional revenue streams from native applications such as CaptureClub (NFT Exchange) and NFT's originality and authenticity checker. These revenues will be used to maintain operations in the system.

Operation mechanism of Numbers Protocol

The main operating mechanisms of the network built by Numbers Protocol are “Verity-to-earn”, “Prove-to-earn” and “Create-to-earn” – Accumulate assets through verification and validation. and image data production. Specifically:

• Creators and owners of visual content will participate by registering their images in the system. Registered images are stored raw with Web3.0 storage solution with data integrity and the accompanying information is verified and stored on the blockchain. Users of these images will have to pay a royalty fee, which will then be sent back to the image creator. At that time, the user will have to confirm his transaction information
• Content retrievers can retrieve content and photo history from the system. All image assets are trackable and verifiable, so the full history and different versions of the data can be retrieved. Each data file can only be registered once, which enhances the transparency and reliability of the image.
• The retriever may obtain a single copy of the photograph or a license to use the material by payment
• Payments for the network (from the purchase of copies or licenses) will be used to pay the original producer of the photo and the network operators. A small portion will be used to cover the operating costs of the data library

Simulate Numbers Protocol's decentralized photo network

Vision of the Numbers Protocol project 

The Numbers Protocol project aims to build an ecosystem where all image data (including still image and video products) will be certified and sealed in the blockchain to ensure credibility, ownership, and integrity. ownership and legality of the data. All these image resources will be monitored and recorded for any changes including those made through image editing software.

An example of image information retrieval on Capture

Participants in this network, such as verifiers or network operators, can provide services that increase the credibility and legitimacy of image data and receive payment for the service. their. NUM is the cryptocurrency being traded in the Numbers Protocol project. The NUM cryptocurrency can be used to pay for services operated on the Numbers Protocol's decentralized photo network.

The potential of the Numbers Protocol project

Numbers Protocol is a project to develop a decentralized photo network and help users ensure legitimacy and data ownership built into the Web3.0 space. Currently, Numbers Protocol does not have any competitors in the market in this area. Numbers Protocol is intended to be the Web3.0 version of Instagram and Pinterest but focused on the community.

Since its launch, the Capture app has been billed as the first blockchain camera available on both Android and iOS operating systems, now being used by more than 90 countries worldwide. This is a completely free application for users, has cooperation with other service providers such as communication services, data storage and NFT exchange so that users can access the ecosystem. Web3.0 image status through this application.

Users can perform operations such as taking photos, storing photos on a decentralized web platform, converting to NFT in the blockchain system, or accessing other application networks through Capture.

Besides Capture, Seal API is an option for professional users who want to store and retrieve images on the system. Seal API recently surpassed 1 million hits and more than 3 million assets have been registered in the system.

Numbers Protocol's project team and investors

Numbers Protocol's founding team brings together many talented people with long-term experience in the fields of software development and investment business.

• Bofu Chen – Founder of Numbers Protocol: Software Architect, was the Creator of The Arm in 2019, 2020. Bofu was in the top 5 of Taiwan Market Developers in 2017
• Tammy Yang - Founder of Numbers Protocol: Data Scientist with a PhD in particle physics at the University of Manchester. Prior to founding Numbers, Tammy worked for Canonical Vicovery and DT42 as a Software Engineer, CEO and Co-Founder of AI Developer.
• Sofia Yang – Co-Founder of Number Protocol: Head of Marketing and Business Development of Numbers with over 8 years of experience in sales and marketing. Prior to joining this project, Sofia was the Head of Sales for an AI startup that valued intellectual property
• PhilChen – Project Manager: General partner of Race Capital project - a venture capital fund of Silicon Valey, specializing in investing in issues related to the future of humanity. Phil is Advisor and Founder of HTC Exodus – the world's first open source crypto mobile phone. Phil is also the Founder of HTC Vive and Managing Partner at Presence Capital, XR seed fund and Computer Vision (which are top sources of funds that have invested in many big companies such as Wave, Strivt, Tripp, etc.)

Numbers Protocol project investors include Protocol Labs, Longhash Ventures, Darwin Ventures Management, National Development Fund of Taiwan Government, Binance and Taiwan Startup Stadium, along with angel investors like Chris Wang (CEO and CO-Founder of Taiwan). ThunderCore), Steve Chen, Kevin Lin. Project partners include: ThunderCore, Textile, Exodus, Noir Agency.

Numbers Protocol development roadmap

The development roadmap of the Numbers Protocol project is conducted in 6 phases:

• Phase 1 (Q3 – 2020): Launch of Capture and Seal API application
• Phase 2 (Q1 – 2021): Partnering with Starling Labs to launch a 78-day project
• Phase 3 (Q3 – 2021): Launch of NFT search engine
• Phase 4 (Q4 – 2021): Operate SHO, TGE and enable network applications in Capture app
• Phase 5 (Q1 – 2022): Testnet launch
• Phase 6 (Q2 – 2022): Mainnet launch and developer bounty program  

6 stages of project development

Numbers Protocol's Tokenomics

Some information about Numbers Protocol's Tokennomics

• Code: NUM
• Network: ERC20 / BEP20
• Total supply: 1,000,000,000 VND

With its total supply of 1,000,000,000 tokens, Numbers Protocol plans to allocate tokens to stakeholders as follows:

• 17.6% Private Sale for large and potential investment funds
• 3% for the group of active users who hold the project's tokens
• 15% tokens are allocated to the development team
• 2.5% for project advisory team
• 1.5% of total supply for partners before listing of the project
• 15% for project maintenance and development
• 27% for stakes and user rewards of the project
• 10% liquidity
• 22.8% operate the project ecosystem
• 0.6% for Marketing activities 

NUM token release schedule

Conclude

Currently, the Numbers Protocol project has raised $6 million in funding from a private sale and seed round to maintain and grow this decentralized photo network for web3.0. With the aim of creating community, value and trust for the world of digital communication networks using traditional cryptographic approaches and blockchain technology, the Numbers Protocol project promises to explode and be supported. strong households in the future.

For more detailed information about the project, investors can contact through the following channels:

1. Website: https://www.numbersprotocol.io/ 
2. Twitter: https://twitter.com/numbersprotocol 
3. Telegram Ann: https://t.me/numbers_ann 
4. Telegram: https://t.me/numbersprotocol 
5. Discord: https://discord.com/invite/KBtfEpxd3Z 
6. Litepaper: https://gateway.pinata.cloud/ipfs/QmRkVX3q1oF7V6ygK9eWCkpqJoG2FwMuUCXYhpaiJyqmor
7. Github: https://github.com/numbersprotocol
8. Medium: https://medium.com/numbers-protocol

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