The NKR token is the main driver behind the activities of the NKOR ecosystem, and the participation in all components of the ecosystem will be done exclusively with it.
NKR offers a convenient way to execute purchases, micropayments, donations, registration and protection of digitally created content.
- NKR serves as the basis of interoperability with other digital services.
- NKR Enables access to the copyright management toolkit.
- NKR Allows creation of public versions of content for purchasing
- Track content usage as it spreads across the ecosystem and verify licensing rights
- Grant access to Smart contracts
- Perform content analysis, comparison, and index hashing
- Change ownership of content and its status (private/public)
As the NKR token becomes more widespread within content creators and content consumers and used by increasing number of members, the network effect of the services offered within the NKOR ecosystem will grow and generate appreciating value.
A successful economy requires the NKR token to gain a growing demand from both within and outside of the NKOR network. Since participation in registration of content and its consumption on the platform require users to acquire NKR, and since the platform offers to countless numbers of artists, scientists, academics, and anyone who produces digital content and rely on the internet for exposure and distribution of their content, a way to help protect their copyrights and capitalize on its consumption, the demand for NKR, which is issued in a limited amount, is expected to grow exponentially as more users join the ecosystem.
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