OVERVIEW:
Basically, whether it is creative, physical or mental exertion or inventiveness, the ability to create a product or a target brand, needs hard work. Oftentimes sales bring profit but regrettably not rightfully to the creators themselves, but rather to large retail chains and labels. It also happens that the unique rights to the goods of the collection and various works are simply stolen. Physical goods, in turn, can be pirated in clandestine factories and be issued as originals, while mental and creative labour suffers from acts of piracy and illegal distribution through the Internet. In such a situation, not only consumers are forced to suffer, but also creators of unique content or goods, since they do not see real remuneration for their work. It has always been this way and solutions have defied this trend lately when a group of vastly experienced and technically savvy expert came with technological solutions to nip the problem in the bud – with a revolutionary infrastructure called COLLETRIX.
INSIGHTS ABOUT THE COLLETRIX SOLUTION
The Colletrix architecture is coming with a new dynamism ensuring creators and inventive individuals will now have the capability to without a glitch obtain requisite rewards and payments via converting their intellectual property to digital assets. This according to trusted experts is a massive breakthrough and provide as Colletrix provide a massive window that will facilitate their ability to better save from harm and breach their IP especially when a token is transacted.
Basically, the utilizers aboard have the ability to scrutinize the veracity of their collections via data that concerns the token stored on board the blockchain.
Apparently, it is on record that Colletrix innovative team provides huge support for the likes of Animoca Brands in the area of presenting a wide network of IP, gamification and blockchain innovation. Similarly, the likes of Future Arena will utilize a solid IP entertainment and sports portfolio entrenched in cardinal objective to expand the IP space. with innovative substantial trade making good use of the blockchain.
One known vision of this fascinating architecture is to entrench a universe replete with fresh and old economies well incorporated to bring about another level of the economic model to expand profit for all and sundry.
Both for the IP creators and the collectors, the ideas is to drive an ecosystem where inventive developers will have the capacity to preserve a licensing reward with the permission to accept the innovative technology of blockchain.
Vis the instrumentality of the Colletrix architecture attempts are made to come up with value at the marketplace by incorporating tokenization of IP. With the unveiling of NFT, the idea is to coalesce the very new and old economies to further widen the frontiers for the cross section of IP proprietors and inventers globally to make licenses that are enduring for IP6 and for those transacting. Colletrix idea is to stimulate new market value for gluts of their resource that are tangible via the blockchain network, making the most of panache and charm and reward of their merchandise.
There will far-reaching collectors interest following the addition of NFT, and they will have seamless thoroughfare to digital money marketplace. This will bring about new openings and prospects especially as it relates to the franchise; it is basically a masterpiece architecture that will bring about re-engineering and entrench a new order for intellectual property.
LOOKING AT THE UPSIDE OF THIS PLATFORM
The colletrix impressive infrastructure comes with quite a number of benefits as captured below:
*Taking a cursory look at the perspective of the IP proprietors, the platform has instituted a reward mechanism that comes in a definite percentage as it concerns the amount of the NFT token and by this singular way, these IP right possessors will have the ability to amass digital resource via their work.
*The economy of the intellectual property marketplace will now open up for CIPX owners to participate
*This revolutionary framework will integrate collectively persons in the mould of collectors, IP owners, collectors, digital money users among others.
*. Consumers will be able to verify the originality of the goods thanks to the platform.
Interestingly for Merchandisers and some opportunity will present itself for newbies and proprietors of IP
*Utilizing the blockchain innovation and the advantages of the architecture, initiators of colletrix are going to make a mechanical transformation on account of the blockchain, everything will be sheltered and secure, and furthermore, straightforward, on the grounds that any client will have the ability to check all the data whenever.
CIPX TOKEN
The Colletrix system has been modelled to make available its own ecosystem token referred to as CIPX and this will appear as electronic cash maintained via the ethereum arrangement with the ERC-20 standard. This means every activity aboard the platform will strictly be carried out via this token including NFT procurement and trade actualized via the NFT marketplace.
TEAM
With a dynamic team we never expected anything less, the Colletrix group have come to bridge the gap and provide succour for intellectual property owners and provide a sort of sustainable platform that will be fair to both the owner and collectors.
For further insight about this fascinating project, please click on the links below:
Website: https://www.colletrix.com
Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0
WhitePaper: https://www.colletrix.com/wp/en/ColletrixWhitepaper.pdf
Twitter: https://twitter.com/colletrix
Linkedin: https://www.linkedin.com/company/colletrix
Facebook: https://www.facebook.com/colletrix.io/
Telegram: https://t.me/colletrix
Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625