Colletrix is the first platform to have ever recognized IP owners and the challenges that they face. It sorts to bring more light to IP owners, giving them the credit that they deserve for the wonderful works done, most especially introducing them to the Blockchain technology for more efficiency, productivity and profit maximization. It is an awesome project. It is not only also beneficial to IP owners but also to merchants by infusing then so as to give users and collectors the best experience. I call it the smart economy because it integrates the old model of economy with the new model so as to create a whole new different ecosystem. It is a milestone of a new era for the merchandise and IP industry.
Permit me to say that we are in the world where IP owners are not been given the credit due to them, being neglected and also not properly introduced to the Blockchain ecosystem which is among the problems Colletrix has sorted to solve. The major problem which Colletrix tends to solve is the recession value and revenue generated from licensing for the original IP owners. To help solve the problems that are in existence, it’s the first Blockchain technology to have ever introduced the NFT tokens for IP owners of designs of physical merchandises. NFTs are special type of cryptographic token which represents something very unique; attributes which is so different from the normal cryptocurrency. It is in contrast to cryptocurrencies like Bitcoin and many other network or utility tokens that are fungible in nature. It can’t be exchanged with other cryptocurrency but will be used in this amazing platform.
The reason why it is used in the platform is to create a verifiable digital scarcity which will be used in the gaming and other collectibles with different functionalities already been assigned to UNDONE, ANIMOCA, FUTURE ARENA AND BITWORKS. The awesome thing is that while in the game assets which will be done by Animoca, it will be controlled by the users definitely and not by developers or by any other party. So the user has a decentralized power to control how it goes and how it does not. That is one of the benefits one can see in this platform.
Secondly is the problem of fake products and counterfeit wares, products, commodities sold in the world today. The reason why it is a very big problem today is because the sins of the fake and counterfeit merchandise are been robbed also on those who sells authentic and real products void of counterfeit. It does not only reduce sales but it also reduces clients. This problem is solved y Colletrix as all products present or sold in the platform are authentic and original, this made possible with the various features of technological verification already put in place. Colletrix technology provides merchandise with authentication verification to provide proof of ownership and authentication proof. Colletrix further provides and offers a new market value on their commodities through Blockchain application, maximizing the productivity and benefits of their products.
Collectrix is a Blockchain technology platform built on Ethereum that unifies the elements of IP, Blockchain and merchandise so as to create a new market value powered by the world leading smart contract system. It is beneficial to IP owners, merchandisers, consumers and collectors. For example, IP owners are given the opportunity to earn by basically do what they love, to monetize the use of the IPs. the benefits of Collectrix are further highlighted below. jin this awesome project today.
UNIQUE VISIONS OF COLLETRIX
The unique vision of Colletrix is to create an insurgent ecosystem that will introduce a whole new IP tokenization-transformation business model for the IP industry, by securing and improving its owners and also the creation of a new economic value for profit maximization for everyone.
GOAL OF COLLECTRIX
The Collectrix goal is to attract more IP owners to come into the light, to introduce them further into Blockchain cryptocurrency and to further expand its horizon for the merchandise to be able to expand its product range for physical merchandise paired with digital assets, for the benefit of all.
UNIQUE BENEFITS OF COLLETRIX
• It is a rusted system.
• It is reliable and transparent
• Merchandisers are users authenticity in their products purchase
• New lifetime license will be granted to IP owners through tokenization
• Opportunity of making money while you do what you love
• IP owners are given the opportunity to monetize IP usage
• Merchandise are given the opportunity to choose from wide ranges of varieties of branded designs to sell their products.
• Buying and selling of collectibles can be done by consumers with all products been authentic and very genuine.
• It creates a nitro and a wonderful interests for collectors as well
TOKEN ECONOMICS OF COLLETRIX
The CIPX which is a utility token built o Ethereum will be used in the platform for every transactions made. It is a ERC 20 standard. Also, the CIPX token can be used to purchase the NFTS which will be issued through the NFT marketplace. The Collectrix token will be adopted in the crypto-exclusive special edition merchandise purchasing, marketplace trading, NFT priority purchasing and platform payment. The platform will also be making use of ERC-721 and ERC-20
TOKEN DETAILS OF COLLETRIX
Total token supply: 20,000,000,000 CIPX
Price per token US$ 0.001988
Initial token pairing: BTC ETH
IEO will start from June, 2019, token purchasers can purchase CIPX tokens on a first-come, first served basis until 600,000,000 tokens are sold which will be received after 5 working days after the IEO finishes.
TOKEN DISTRIBUTION OF COLLETRIX
R & D: 40%
Marketing and business development: 30%
Operations: 20%
Legal and accounting: 8%
Others: 2%
USE OF TOKEN RESERVE
Early and crowd contribution: 20%
Marketing and community building: 35%
Team: 20%
Foundation reserves: 20%
Advisors and agencies: 5%
ROAD MAP OF COLLETRIX
2019
MAY
• Team hiring
JUNE
• Beta platform and merchandise launch (Undone watch tied to NFT, IP tokenization)
• Initial exchange offering
Q3
• Ist IP x Merchandise NFT Marketplace development
• More UNDONE merchandise plus NFT collectibles
2020
Q4-Q1
• Gamification elements to incentivize NFT collection
• Opening platform to pure IP creation (decoupling merchandise from IP creation, leading to more IPs created and tokenized)
Q2
• Apply IP merchandising to other products-users must spend CIPX to create merchandise with their NFTs
TEAM MEMBERS OF COLLETRIX
Robert Tran: chairman and CEO
Michael Young: Chief merchandising
George Jiang: Managing director
Raymond Hung: Chief marketing officer
Comver Liang: Chief architect
ADVISORS
Henry Yu: Legal Advisor
Bryan Wu: Co-founder Bitwork
Yat Siu
Gin Takashi Mizuoka
Ethan Law
Ricky Ng
Arian Lam
Colletrix is an awesome project created to revolutionalise the IP industry which will be beneficial for IP owners and also to merchandise introducing them to basic function which will help elevate the current standards and solve the challenges which are in existence. One of such functions or features introduced is Blockchain technology and the NTF. These and many other not mention is to take the industry into the next level. As mentioned above, Colletrix is beneficial to all most especially to IP owners. Its meant for crypto-enthusiasts, are you one of them? Want to be part of this revolutionary movement, then visit any of the links today. For more information’s, you can kindly click on the website and whitepaper, for questions, news and other possible benefits attached to this project, you can join them on the telegram group. See you at the other side. Thanks for your time.
WHITEPAPER: https://www.colletrix.com/wp/en/ColletrixWhitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5138397.0
WEBSITE: https://www.colletrix.com/
FACEBOOK: https://www.facebook.com/colletrix.io/
TWITTER: https://twitter.com/colletrix
TELEGRAM: https://t.me/colletrix
LINKEDIN: https: https://www.linkedin.com/company/colletrix
Written by: Ogkendra
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2561447
Wallet address: 0x86AA07965B08a0D1C7a633C808d4461Be956e1bc
