The intellectual property (IP) industry is said to be esteemed around $180b internationally. Ordinary, new speculators, counsels and stockbrokers create enthusiasm for the industry,as all around sharpened intellectual imagination is instrumental towards improving our personal satisfaction. Essential as intellectual property may be, it unfortunately isn't appropriately remunerated in the present market. The vast majority of the assets IP owners are to stash frequently winds up in the hands of forgers. This developing menace must be successfully handled, if there are any expectations of account sensible advancement.
Numerous plans to battle item falsifying have been begat and disproved very quickly. The reality appropriately remains that until full authorizing can be offered to IP owners, they will constantly be victimized off their revenue, and the industry completely will stay distant from achieving it's maximum potentials.
The integration of blockchain into the industry could anyway create an exit from these apparently relentless issues, similarly as it has in various different businesses. Colletrix demonstrates to us how profitability and productivity can be reestablished by outfitting blockchain technology.
Colletrix
Colletrix features a pioneer plan of action which will always show signs of change the industry for good. It's major target is to empower IP owners profit by their products, and it means to accomplish this through the presentation of Non fungible tokens (NFTs). This thought will in like manner be gainful to sellers and collectors in the ecosystem.
On Colletrix, each product will have an exceptional NFT which is redeemable on buy of the said item. The IP proprietor will produce revenue dependent on the exchange cost of his NFT the NFT exchange marketplace. This system guarantees that IP owners are appropriately remunerated for their advancements.
Benefit is a company that represents considerable authority in the production of assorted sports wears going from shorts, to coaches, tops, vests and different sports equipments. Because of unending issues of forgers flooding the market, the CEO chooses to tokenise his product utilizing Colletrix. This lone move would proceed to ensure his image's value, diminish falsifying of the company's item, increment yearly revenue and increment clients and financial specialist trust in the company.
The CEO tokenised his IP (ProFit) into an extraordinary NFT called "FIT" token. The FIT token is matched to his product (I.e products of ProFit) and can be exchanged for/with CiPx (Colletrix's ERC-721 local token) in the NFT marketplace. At whatever point a client buys any ProFit thing, he recovers the FIT tokens which he can exchange the marketplace. These exchanges turn spots ProFit in line to get a permitting fee,which shapes a major piece of the brand's revenue. Consequently, more buys of their products would for the most part result in higher revenue.
This, basically is the manner by which the Colletrix platform is worked to work.
Other key features of the platform are:
Gamification; which includes the utilization of CiPx tokens to play games.
NFT priority purchasing; which positions users in line for future NFT deals dependent on the amount of CIPX they hold.
Useful links project Colletrix:
Website: https://www.colletrix.com/
ANN topic: https://bitcointalk.org/index.php?topic=5138397.msg50860516#msg50860516
Whitepaper: https://www.colletrix.com/wp/en/ColletrixWhitepaper.pdf (download)
Twitter: https://twitter.com/colletrix
Facebook: https://www.facebook.com/colletrix.io/
Telegram: https://t.me/colletrix
Written by :Favour200
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2367043
