Intellectual properties have been greatly abused and bastardised lately on the internet. People now imitate original contents from actual content creators and pass it on as theirs. The negative effect of this is that originality will be discouraged because due credit is no longer given to those deserving of it.
In order to help put an end to this, an innovative and blockbustering crypto project called colletrix came forth with the sole aim of turning such ugly incidence around by helping to protect the right of content creators, ensuring that all their intellectual properties are duly referenced to them when used by third parties.
On colletrix
Recently, digital collections in form of games are on an increased demand, and this is probably because cryptokitties were launched about a year ago, recording huge success. And for this reason people believed that NFTs will yield great success in the application world.
Fast forward to one year after, the colletrix project came on-board with the sole intention of merging various economies ( both old and new), hoping to create the kind of business model that has never been seen before. The colletrix platform enables original owners of intellectual properties to offer lifetime right of their content to third parties via tokenization.
The colletrix ecosystem serves to create a platform that will be beneficial to intellectual property owners and consumers as well. This is the first approach required to enhance and develop the IP and merchandise industry to an appreciable extent.
The project's goal
The authentic design of the IP owners will be put into consideration while creating their NFT, thereby giving them the opportunity to provide lifetime licenses to consumers through NFT adoption. A separate NFT-IP market will also be created, through which IP owners will be able to liquidate their rewards.
Objectives
A new market place will be created on this platform via IP tokenization. With this platform, both the old and new economy will be combined thereby giving room for all IP owners around the world to be able to create long term licenses for the IPs. On the part of merchandise, they will be offered a new market place where they will be able to market their commodities via the blockchain, thereby giving more value and prestige to their products in the eye of their customers. Colletrix seeks to disrupt the universe as a whole through innovative renovation and global economic transformation.
About the colletrix IEO
Colletrix will host an IEO before the end of June where it aims to give room to more supporters to acquire the tokens, during the said IEO roughly 200,000,000 tokens will be made available for sale with max individual cap set at 5000$ and minimum at 100$. The exact exchange where the IEO is to take place and time is yet to be announced.
Conclusion
It is now crystal clear what the exact objectives of the colletrix team are and judging by precedence, it becomes very safe to say that they will stop at nothing until all that has been said is achieved. The project is one that is really out to disrupt the entire crypto space and overhaul the ecosystem.
For more detailed information see the links below:
Website: https://www.colletrix.com/#
Whitepaper: https://www.colletrix.com/Colletrix_whitepaper_20190430_1.pdf
ANN: https://bitcointalk.org/index.php?topic=5138397.0
Facebook: https://www.facebook.com/colletrix.io/
Twitter: https://twitter.com/colletrix
Telegram: https://t.me/colletrix
Linkedin: https://www.linkedin.com/company/colletrix
Author: Jigawagawa
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2433128;sa=summary
