An interview with REV3AL’s founders on construction virtual counterfeiting and copyrights fraud prevention equipment.
In relation to the NFT {industry}, there’s infrequently a unmarried answer to the industry-agnostic problems with virtual fraud and counterfeiting. NFTs, virtual IDs, copyright pictures and movies, and different types of virtual media may also be simply duplicated and disseminated, making it tough to discover a technique to save you several types of assaults.
The REV3AL platform believes they have got the all-in-one technique to save you virtual counterfeit and copyright fraud. Its answer targets to revolutionize interactions within the virtual global and open new probabilities for various industries to leverage protected and secure virtual property ecosystems.
“Efficient fraud prevention is a door with more than one locks requiring other keys, passcodes, biometrics, and different get entry to ranges to penetrate,” says Adam Russell, Co-founder and Leader Income Officer at REV3AL era. He explains that “maximum thieves could possibly pick out a lock or crack a code, however they can’t do all of them.”
In 2021, the REV3AL founding staff participants first got here in combination once they noticed how the rising quantity of counterfeits and scams restrict the virtual property and NFT {industry} from attaining its huge possible.
“I believe the mavens that assume NFTs are the adoption ramps to inspire the hundreds into blockchain era,” says Mo Kumarsi, Co-founder and Leader International Place of business at REV3AL.
Leveraging their years of revel in in techniques structure, arts, cybersecurity, and blockchain, the REV3AL staff constructed a novel, multi-factor answer that can lend a hand offer protection to artists, house owners, and types from copyrights fraud.
“We incorporate a number of layers of authentication options to create a powerful anti-counterfeit answer,” says Kumarsi.
He notes that the layers of encrypted coverage come with hidden authentication embedded inside the asset itself. Any shopper can self-verify the originality of a virtual asset in seconds the use of REV3AL’s platform or bodily decoder. With REV3AL’s machine of authentication equipment, artists and creators can offer protection to their paintings from duplicators, and house owners may also be assured that their asset is original.
REV3AL is really distinctive from different anti-counterfeit techniques on account of its intensive virtual and software-based stage of coverage. By way of embedding dynamic layers of variable information into every authentication layer, it wraps the virtual asset with a novel serial code to stop unauthorized duplication and distribution of property.
Past their era, REV3AL additionally leverages its local token in its techniques. Every time the era is deployed, a REV3AL token is burned as a deflationary asset. The token may also include further perks for holders, together with get entry to to REV3AL’s upcoming metaverse platform.
The call for for a powerful virtual anti-counterfeit answer is prime available in the market. REV3AL already has over 35 partnerships with quite a lot of on-line platforms and marketplaces in only a yr, with the determine anticipated to double within the subsequent quarter.
“Our staff is aggressively operating on a minimal viable product which might be constructed and examined on a protected NFT market,” says Russell. “The MVP might be to be had in coming months and function the primary defensive line towards the emerging want for answers to give protection to folks towards the scams and fraud.”
The next move on REV3AL’s roadmap is a commercially viable product that may be applied into any appropriate platform thru an API.
As our lives change into more and more built-in into the virtual global, protective our virtual property is significant. Whether or not it’s NFTs, unique content material, song, or private identity, virtual media is straightforward to copy and desires a powerful answer like REV3AL to give protection to shoppers from virtual counterfeits.
Simply as Norton 360 become a family title for shopper cybersecurity, REV3AL has set its points of interest on turning into the “usual for virtual media safety within the metaverse.”