Elevating Web3 Creation with Provenance

Elevating Web3 Creation with Provenance: Partnering with Numbers Protocol

At Orange Web3, we’re all about empowering creators with cutting-edge tools and dapps, helping them mint and create a cornucopia of digital content. Our partnership with Numbers Protocol, a front-runner in decentralized provenance solutions, marks a quantum leap in enhancing the authenticity, security, and value of digital assets within the Avalanche ecosystem.

Why is Provenance Important?

Provenance is the bedrock of authenticity and trust in the digital asset realm. By teaming up with Numbers Protocol, Orange Web3 taps into a robust system that records the creation, ownership, and transaction history of digital content. This ensures every piece of media has a verifiable origin and history, fostering trust among buyers, sellers, and collectors.

Turbo-boosting Provenance with Orange Web3’s UGC Tools

Our user-generated content (UGC) tools and creator platform get a serious upgrade with Numbers Protocol’s provenance features. By embedding these directly into our platform, creators can effortlessly register their works on the blockchain, securing an immutable record of their creative process and ownership. This not only protects intellectual property but also increases the value of digital content with a transparent, verifiable history.

It’s a Symbiotic Relationship Between Provenance and Blockchain

Blockchain and provenance are like peanut butter and jelly—they just belong together. Blockchain’s immutable ledger provides the perfect infrastructure for recording provenance data, including detailed metadata about creation, ownership, and licensing of digital assets. Numbers Protocol uses blockchain to create tamper-evident records, ensuring the integrity and trustworthiness of digital media. This synergy not only prevents fraud and unauthorized use but also promotes transparency and accountability in the digital marketplace.

What are the Market Opportunities and Benefits?

Integrating Numbers Protocol with Orange Web3 opens a treasure chest of market opportunities:

• Intellectual Property Protection: Creators can easily prove ownership and protect their works from plagiarism and unauthorized use.
• Royalty Enforcement: Smart contracts automate royalty payments, ensuring fair compensation as their work gains value and changes hands.
• Value Attribution: Detailed provenance enhances the perceived value of digital assets, aiding collectors and investors in making informed decisions.
• Legal Compliance: Clear, traceable records simplify legal processes and help meet regulatory requirements for digital assets.

The Numbers that Matter Outside of Just the Protocol

The digital media and NFT markets are booming, with a strong emphasis on authenticity and provenance:

• According to MarketsandMarkets, the blockchain market is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, at a CAGR of 67.3%.
• DappRadar reported that the NFT market saw over $23 billion in trading volume in 2021, underscoring the immense potential and need for secure provenance solutions.

Wrapping Up

The partnership between Numbers Protocol and Orange Web3 is set to revolutionize digital content creation and management in the Web3 space. By integrating advanced provenance solutions, we enhance authenticity, protect intellectual property, and create a more transparent and trustworthy digital ecosystem. This collaboration not only benefits creators but also fosters a more vibrant and active digital marketplace.

For more information on how Numbers Protocol is empowering blockchain authenticity, visit their official website.