UPTO3

UPTO3

Decentralized Event Verification with UPTO3

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UPTO3 is a decentralized event knowledge graph protocol that aims to provide consensus verification for Web3 events by turning them into NFTs. It allows users to mint and verify events, with rewards based on the results. The platform promotes transparency, open data, and unbiased analysis through economic incentives. UPTO3 will be built on Blast(L2) and offers features such as event minting as NFTs, permissionless access, and decentralized validation tasks.

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Features

Advantages

  • Promotes transparency in event verification
  • Incentivizes users for accurate analysis
  • Provides unique and verifiable event records
  • Encourages decentralized validation
  • Supports open data access

Disadvantages

  • Dependence on economic incentives for unbiased analysis
  • Complexity in understanding NFT and blockchain technology
  • Potential scalability issues with high transaction volume

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