Numbers Protocol has announced its partnership with FreePort Metaverse, the first GameFi project in Taiwan.
GameFi is a revolutionary concept in the gaming industry with decentralization providing an innovative way to help users build trust. At the center of GameFi, are NFTs which provide users with a blockchain-backed way of establishing ownership of in-game digital assets. Despite the potential of NFT ownership and its promise of more security, there are issues.
Gamefi and NFTs have become increasingly popular over the past years; however, the increased amounts of NFT scams have become a severe issue for the gaming industry. While the NFT market grew to an estimated 22 billion dollars(from the Dapp Radar) in 2021, more than 7000 people reportedly lost over 80 million dollars from fraud only in the US from Jan. to May.
In the Web2.0 world, it’s never easy to tell the originality of a digital art piece. People on the internet could easily download the creations from other artists, then use, sell and even claim themselves as the original creator. However, there is a perfect role Numbers Protocol can play now.
“The core concept of FreePort Metaverse is to allow people to easily bring ideas into the virtual world through the application of blockchain technology. We’re not trying to only focus on the copyright and ownership of digital assets but also attempt to blur the borderline between virtual and reality via the Web3.0 tools,” said Sei, the project director of FreePort Metaverse.
FreePort Metaverse recently has released its new application — NFT Maker Gaia, an NFT authoring tool on the BSC chain, which allows users to implement their own smart contracts and open source. By doing so, users could truly own the ownership and smart contract of their NFTs.
With the partnership with FreePort Metaverse, Numbers Protocol provides service to create traceable and verifiable NFTs within the FreePort Metaverse ecosystem through Numbers Web3.0 registration, Capture — Seal — Trace Protocol as well as NFT scan services. FreePort Metaverse NFTs will remain under the care of Numbers services and be accessible via NFT Search Engine. Users of FreePort Metaverse can expect more confidence with their NFTs because of the traceability and verifiability Numbers Protocol service affords them.
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