Processing NFT Applications(Watermark NFT)
Representative examples of applying the NFT processing technology follow the following three.
Watermark NFT
Watermark NFT is the primary goal of NFT processing and is one of the NFT processing technologies that proves the credibility of the value of creative NFTs that are currently experiencing problems. Furthermore, it proves the value of various NFTs as well as the value of creative NFTs.
It is a technology that prevents hacking damage caused by open IPFS, which is the biggest problem in the current NFT market, and reliably and effectively protects the value of NFT created by brands and content providers. Since brand value is one of the assets of a brand, many brands spend time and money to increase their brand value. The same goes for content providers. In order to increase their value, content providers continuously create and strive for their own work. Therefore, the most important thing in creating and using NFT is to protect and prove the values of brands and content providers.
Watermark NFT issues, publishes and manages brand NFTs and artist NFTs. In addition, it is a technology that brings together a synergy of values by combining brands and artists. Users who purchase works by brands or artists can receive brand NFTs and artist NFTs, proving that those works are notarized by the brand and artist. Users do not simply receive NFTs in their wallets, but only brand and artist NFTs to receive original NFTs, which are actual works. Users trade uncertified watermark NFTs first, then request brand NFTs and artist NFTs through the VIW platform, brands and artists issue NFTs notarizing that they are their works. As soon as the brand NFT and artist NFT are added to the user’s wallet, the watermark NFT will automatically receive the original NFT notarized by the brand and artist. It is to achieve the sequential process of NFT owner and value proof mentioned in the overview at once through watermark NFT
In summary, the process is as follows. The NFT issuer/certifier proves the value, original author and brand of the content stored on-chain/off-chain, and deploys a smart contract with the appropriate function based on this. Based on the smart contract, original content and watermark NFT are issued, and the issuing entity becomes the original artist or brand. The entity directly related to the content, not the marketplace, issues NFTs and has full ownership, and trades in the market, so buyers and users can participate in transactions with confidence. NFTs traded in the market become watermarked NFTs with watermarks applied to the original content NFTs. Therefore, contents cannot be copied or misused without permission. Purchased watermark NFTs can obtain original NFTs through the process of receiving content provider certified NFTs on the VIW verification platform. The original NFT obtained through this process is an NFT whose value has been verified.