The purpose of this study is to introduce a non-fungible token(NFT) for the protection of Gotjawal, and to propose a virtuous cycle of re-donation to a donation organization for the main goal and protection through the auction process. The Gotjawal Trust of Jeju is active in Jeju Island. It started with a problem consciousness to link the NFT to the movement of the Gotjawal Gong Yoo Fire Foundation. It proposed requirements for successful application of NFT to Gotjawal sharing. First, there is a need for a convincing story about why the Gotjawal Shared Fire Foundation entered the NFT market. Second, it is necessary to examine whether there is a reputation of the Gotjawal Gong Yoo Fire Foundation that can be solved by NFT. Third, it is important to develop and promote logic that can guarantee the "future value will continue or increase" of the Gotjawal Shared Foundation NFT. The effects of applying NFT to the protection of Gotjawal are as follows. Securing the reliability of the Gotjawal Foundation Movement, adding the concept of investment to donations, continuing activation of donations through a virtuous cycle structure, connecting donations to ownership, and digitalizing donation certificates to secure objectivity of certification.

Abstract
Introduction
Systematic analysis of NFT and caseanalysis of application to real estate
    1. Implications through NFT attributes andsystematic analysis
    2. Case Study of Real Estate Application
Mechanism of Jeju Gotjawal's PublicizationMovement
    1. The movement for sharing and the main legalconcepts for the protection of Gotjawal.
    2. Gotjawal Publicization Foundation as the subjectof Gotjawal conservation activities
    3. Research on Gotjawal Protection Project throughthe Articles of Incorporation of Gotjawal Foundation
    4. local government support for the PublicFoundation
    5. Treatment of Participants in the GotjawalPublicization Movement Fund
Review and Effect of NFT Applicability forGotjawal Protection
    1. Applicability of NFT to Gotjawal Protection
    2. Requirements for successful application of NFTto Gotjawal sharing
Policy suggestions and conclusions
References

• Jong-Myoung Park(Ph.D. Course, Department of Public Administration, Jeju National University. Special Researcher, Institute for Social Science Research, Jeju National University)
• Hye-Young Ko(The Performance Planner of Jeju Arts Center)
• Kyung-Soo Hwang(Director of the Institute for Social Science Research, Jeju National University Professor, Department of Public Administration, Jeju National University)