The world today is full of bright minds, and many innovations have sprung up as a result of the coming together of these minds, the downside however of this is that these works are being used by people without due acknowledgement to those who created them. This isn't a good precedence because it discourages people from putting in more works into making humanity better.
However, there is a good news, seeing as the issue of intellectual property theft and abuse has been on the rise, a group of crypto experts from Asia decided to come together and put forth a platform that will stop this issue of IP ( intellectual property) theft and ensure that content creators are being adequately compensated each time their contents are used on the internet.
The unification
In order to work properly, it is best to work as a team, and the team behind colletrix knows how important this is for the success of their project, and that was why they decided to bring end-users, intellectual property owners and merchandisers under one platform to yield an ecosystem where all can flourish. By implication, this will make the IP industry a whole lot better, bigger and more lucrative.
IP owners
Intellectual property owners are the main reason why the platform was created, and this platform is expected to be more beneficial to them as a result. It gives intellectual property owners the opportunity to issue licenses to people who use their contents through the aid of tokenization. This is done by issuing an NFT token which rightly represents each intellectual property created, thereby making them earn each and every time their IPs are being used via the NFT-IP marketplace.
The consumers
The platform makes it possible for consumers to make direct purchase from the owners of intellectual properties. This helps to reduce the possibility of fakes and give them the opportunity to create a direct bond with owners of intellectual properties, in which case they will be able to place orders for customised goods and have it delivered to them.
Merchandisers
They are totally responsible for the distribution of Intellectual properties from the owners directly to final consumers. Their Job is to make life a whole lot better for both IP owners and consumers of the items produced.
The illustration above shows how each component of the unified ecosystem will be beneficial to each other by providing support at one point or the other. And also eliminating issues of IP theft, since everyone involved in the cycle is being duly acknowledged and compensated where necessary.
Synergy
Colletrix has been able to secure partnerships with some huge cryptocurrency companies across Asia in a bid to help foster and drive the project to another level. These four companies include Undone, bitwork accelerator, animoca brand and future Arena.
Conclusion
Colletrix will do really well, no doubt. The project started its development since years ago and it already has many backing and supports. No doubt this project will be such that we have never seen before in the entire crypto space.
The following links could be helpful:
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: Odetolala
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2433138;sa=summary