What is NFT?

What is NFT?

It is an abbreviation for "Non-Fungible Token", which refers to a token
(evidence, voucher, proof of data or device, etc.) that is irreplaceable and has inherent value.

Until now, digital data could be easily tampered with or copied, and since there was no technology to directly prevent this,
digital data had no credibility, and it was impossible to add asset value to it.
However, Bitcoin has been distributed worldwide, and by using a mechanism called "blockchain,"
which is a decentralized management method using multiple terminals,
the decentralized terminals can cross-verify (confirm) each other.The system is robust against tampering, and even if tampering occurs,
it is immediately detected and corrected,making it possible to prevent tampering and add value to digital data.

In addition, the blockchain manages information such as who created and owns the digital data,
so not only the seller or the author,
but also the buyer can trade with peace of mind.

How does it work?

NFTs are mainly created with digital data, but MIRAIPO can apply
NFTs to real goods (clothes, stuffed animals, etc.).
We embed an IC chip in the creator's work, which registers the serial number, creator information,
owner information, and other authentication information.
All of the information registered in the IC chip is managed by the blockchain described above,
so the information can never be tampered with.

By applying the NFT, creators can sell their products with peace of mind,
and supporters can support them with peace of mind. In addition,
we are planning to provide a product that will allow you to check the information of the creator and owner of the work created by using this site.