What is the NFTNARA platform?

NFTNARA aims for a creator and sponsor-centric autonomous participating community-type NFT protocol economy through the NFT marketplace and fair Token Economy on blockchain. NFTNARA enables fair profit-sharing with decentralized autonomous organizations (DAO) and S2E (social media to Earn), and anyone can be compensated with a fair value corresponding to the popularity and value of his content for the time and effort he invested in it by participating as a content creator and buyer.

Mission

Creators and buyers who create and upload NFT contents, sponsors who promote and advertise NFTs on social media, NFT Labs planning and producing new NFTs, curators who add value to NFT works, investors who stake NFT and NARA tokens to contribute to maintaining and increasing value of the tokens, and brands that provide various additional services and benefits related to NFT are key contributors to the development of the NFTNARA ecosystem. Each contributor participates as an active player in the Three-sided Economy (written by Jeong Hee-Yeon & Choi Young-Kyu) consisting of a supplier, a buyer, and a crypto-financial side under a decentralized economic system and will receive fair participation contribution rewards according to the autonomous and democratically established Code of Conduct (DAO) and Governance. NFTNARA supports secure NFT transaction and storage service through an independently developed Web3.0 public blockchain, DID-based data encryption, and signature and verification using DID. NFTNARA aims to continue to overcome systemic limitations through AI and machine learning technologies and tools.

Values

Blockchain technology and the elimination of intermediaries increase the transparency of the entire NFT industry through decentralization. The benefits of transparency serve as the basis for evenly and fairly distributing profits to content creators, users, supporters, and sponsors. Through the ecosystem, users are transformed from simple participants to central participants, and more actively contribute to the development of the NFTNARA community. For example, you will actively contribute to community development activities by participating in item creation, trading, auction, voting, proposal, social media, comments, sponsorship and word-of-mouth promotion, and advertisement.

Ethics

Fairness and equality are guaranteed through the practice of each of the following items:

• We guarantee every content creator the opportunity to participate in the NFTNARA platform.
• We assign a fair share of value to content creators.
• We do exactly what we promise to our users and creators.
• The system protects the interests that should be protected by the participants through smart contracts.
• We apply appropriate penalties for illegal, violent, and inappropriate conduct.
• We encrypt the content via private DID and provide ample storage space.
• We ensure that data on the blockchain is never deleted or lost.
• We support users through customer support systems and channels.