Non-fungible token (NFT) authenticity protocol with fraud deterrent

A digital vault system for performing a verification process of media content, comprising:

• a memory;
• and
• one or more processors that are configured to execute machine readable instructions stored in the memory for performing a method comprising:
• receiving identification information from a non-fungible token (NFT) creator user or owner user of an NFT, wherein the NFT creator user initiates a minting process that creates the NFT for exchange on an NFT marketplace of the digital vault, and wherein the NFT is associated with a container file comprising the media content submitted by a first user;
• verifying the identification information from the NFT creator user by comparing the identification information with stored user information at the digital vault;
• transmitting a confirmation code to the NFT creator user;
• and
• upon receiving the confirmation code, providing diligence information during a verification process at a user interface of an NFT collector user in the NFT marketplace of the digital vault in verifying authenticity of the NFT creator user.