Wadiz Introduces ‘NFT Funding Screening Guide’ to Expand Creation Oppo…
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The NFT(Non-Fungible Token) funding screening guide will be introduced for the first time in the crowdfunding market.
Wadiz(CEO Shin Hye Seong), a life design funding platform, announced on the 9th that it would introduce an NFT funding screening guide to increase the creative activities of copyright holders of various media•contents such as art•design•video•sound source•game•webtoon, etc.
This NFT funding screening guide was prepared to provide more challenging opportunities to media/content creators by activating funding projects that provide NFTs as rewards (compensation) along with the growth of the ‘Creator Economy’ paradigm.
In addition, since NFT is still a new technology field, instability and risks of transactions such as infrastructure and security problems exist together, so the purpose is to simultaneously protect makers who open funding through detailed screening guides and supporters participating in them.
Through this screening guide, it is expected that numerous intangible creations of individuals, creators, and companies will come out into the world as funding and expand opportunities to communicate with supporters, going beyond the tangible products and services that have been provided as rewards in Wadiz Funding.
▲Makers must be able to prove that they are the owner of the wallet by revealing the address of the cryptocurrency wallet containing the NFT to be provided through funding to verify reliability. ▲Detailed information in the story (number of NFTs issued, type of cryptocurrency, information evidenced by the NFTs, NFT delivery method, etc.) should be provided so that supporters can fully know about the NFT before participating in funding. ▲Initially, only NFTs issued and distributed on the ‘OpenSea’ platform will be handled, and in the long term, it will be expanded to various channels.
Wadiz plans to respond appropriately while keeping an eye on the rapidly developing NFT market environment and related regulatory and legal institutionalization trends.
An official from Wadiz said, "Establishment of NFT project review guides is important in both aspects of 'expanding opportunities for makers' and 'protecting supporters'", and "We will expand the ecosystem so that the new trend of NFT can settle in the funding market and anyone can take on new challenges with funding."
Maeil Business Researcher Jo Gwang Hyun [hyunc@mk.co.kr]
