Main Purpose
UPTO3 is a Web3 protocol for event verification and the creation of non-fungible tokens (NFTs) backed by consensus verification.
Key Features
- Open Data: UPTO3 allows unrestricted public access to event data.
- Transparency: The blockchain technology used by UPTO3 ensures transparency in event data.
- No Bias: Economic incentives are used to encourage rational analysis and mitigate bias.
- Permissionless: UPTO3 operates without the need for a central authority or intermediaries, allowing for open participation.
Use Case
- UPTO3 aims to address the issues of fragmented, centralized, and opaque event data commonly seen across social media platforms.
- It provides a platform for minting events as NFTs, ensuring a unique and verifiable record on the blockchain.
- UPTO3 incentivizes accurate and transparent reporting through a bounty system.
