2.3.1. Copyright Issues

A Non-Fungible Token (NFT) refers to a blockchain token with irreplaceable information. NFTs use blockchain encryption technology to give separate and unique identification information to digital files such as pictures, videos, and music. Unlike fungible tokens, each token has its own unique characteristics because the information contained in the block includes a unique identifier and data about the underlying asset. The non-fungible property of NFTs means that the owner can prove the originality, authenticity, uniqueness, ownership, and purchase history of a digital file. This is what makes NFTs “ rare.”

PAGE records digital files on the blockchain so that they can be made into unique NFTs. This also ensures transparent information disclosure and creates an environment where content creators can work with confidence. Buyers will be encouraged to purchase NFTs because they can avoid the risk of counterfeit goods. These steps will eventually lead to the revitalization of the entire content industry.