#IPtokenization

[guillaumelauzier]

Tokenization of Intellectual Property: A Pathway to Unlocking Value for Stakeholders and Shareholders

The digital revolution has reshaped various industries, and the field of intellectual property (IP) is no exception. Tokenization, a process that involves converting rights to an asset into a digital token on a blockchain, is gaining traction as a promising method to unlock value in IP. By converting IP rights into tokens, stakeholders and shareholders can reap numerous benefits such as increased liquidity, fractional ownership, and greater transparency. This article explores the concept of IP tokenization, its advantages, and its potential impact on the IP ecosystem.

Tokenization of Intellectual Property: An Overview

Tokenization is the process of converting rights to an asset, such as real estate, artwork, or intellectual property, into digital tokens on a blockchain. This enables the asset to be traded, bought, and sold more easily and securely. IP tokenization involves converting the rights to IP assets, such as patents, trademarks, copyrights, and trade secrets, into digital tokens. Benefits of IP Tokenization - Increased liquidity: By tokenizing IP assets, the barriers to entry in IP trading are significantly reduced, allowing a broader pool of investors to participate. This increased accessibility translates to higher liquidity, enabling IP owners to monetize their assets more efficiently. - Fractional ownership: Tokenization allows for fractional ownership, where multiple parties can own a share of an IP asset. This enables smaller investors to invest in high-value IP assets that would otherwise be out of their reach, while IP owners can diversify their portfolio and reduce risk. - Greater transparency: The blockchain technology underpinning tokenization ensures that transactions are transparent, secure, and immutable. This creates a tamper-proof record of ownership and transaction history, which can help reduce disputes and litigation costs associated with IP assets. - Streamlined transactions: Tokenization can simplify the process of buying, selling, and licensing IP assets. Smart contracts can be utilized to automate royalty payments, licensing agreements, and other transactions, reducing intermediaries and administrative costs. - Global market access: Tokenization can open up global markets for IP assets by providing a borderless trading platform. This can help IP owners reach a wider audience, increasing the potential for higher returns.

Impact on Stakeholders and Shareholders

The tokenization of IP can have a profound impact on both stakeholders and shareholders in the IP ecosystem. For IP owners, tokenization offers an alternative revenue stream, allowing them to monetize their assets more effectively. This can help fund research and development efforts and contribute to overall growth. For investors, tokenization presents an opportunity to diversify their portfolios by investing in IP assets. Fractional ownership allows investors to gain exposure to high-value assets that would otherwise be inaccessible. Furthermore, the increased transparency and security provided by blockchain technology can help mitigate risks associated with IP investments.

Conclusion

The tokenization of intellectual property has the potential to revolutionize the way IP assets are managed, traded, and monetized. By unlocking value for stakeholders and shareholders, tokenization can promote innovation, increase investment opportunities, and foster a more efficient IP ecosystem. As the technology continues to mature, we can expect to see more industries embracing tokenization as a means to capitalize on their intellectual property assets. Read the full article

[linabrigette]

FCoin Announced New Listing Of GPM, INK And SAC Included

On July 18, FCoin announced new listing of its GPM. INK (CREATIVE Minds Deserve INK) and SAC (Smart Application Chain) were officially listed and opened the deposit and withdraw functions.

What is FCoin?

FCoin is the world’s first autonomous digital asset trading platform with transparency, and will distribute 80% of the revenue to FT holders on schedule. Many investors are attracted by FCoin’s innovative trading platform model, and FCoin’s transaction volume ranks first among the “trans-mining” trading platforms. The listing rule of FCoin GPM adopts the mechanism of “The cumulative deposit number ranking”. FCoin will count the top 10 of the “The cumulative deposit number ranking” at 0:00 each day, and obtaining listing qualification on the second day. INK was in the top 10 of “The cumulative deposit number ranking”, thus got the qualification to launch on FCoin.

INK Project Information (Source: FCoin Website)

Full Name:  INK

Token Symbol:INK

Whitepaper:   https://ift.tt/2yYaFBy

Website:  https://ink.one/

Telegram: https://t.me/ink_en

Introduction:

INK will be used under many scenarios, such as all economic behaviours in the Creative Industry, key applications and services in Ink ecosystem including IP registration & verification, IP Asset Exchange, etc.

The vision of Ink is to provide Sovereign Consortium Blockchain to different use cases, to redefine roles, content and behaviours within the industry, and to build for the Creative Industry a decentralised infrastructure in which various applications can be created and correlate to each other under one highly integrated system.

Description of Token (Utility/Use Cases):

INK tokens are the ERC-20 standard token. INK is defined as a utility token. As an essential economic medium, INK will be used under many scenarios, such as all economic behaviours in the Creative Industry, key applications and services in Ink ecosystem including IP registration & verification, IP Asset Exchange, etc.

Detailed Roadmap and Milestones:

Apr, 2016   Ziggurat tech, member of Ink council, received seed-round investment. Oct, 2016   Ziggurat IP Asset Management platform (ziggurat.cn) based on blockchain was launched. Dec, 2016   The number of original works registered on Ziggurat.cn surpassed 6000. More than 10 partnerships were formed with Ziggurat. Mar, 2017   Founding team of Ink established the core mission and roadmap. Apr, 2017   Founding team of Ink received million-dollar angel investment, and the project entered a new phase. May, 2017   Founding team of Ink were invited to the Big Data Expo and signed Strategic Partnership with Guiyang Government in China. Jun, 2017   The official Ink team was established, with experts in blockchain, IP incubation, management and operation. Jul, 2017   Team Ink received multimillion-dollar Pre-A round financing. Sep, 2017   Ink Sovereign Consortium Blockchain entered testing phase. Oct, 2017   Whitepaper of Ink to be officially released Nov, 2017   Ink to complete international roadshow Dec, 2017   Ink Sovereign Consortium Blockchain is officially online Jan, 2018   Release INK blockchain explorer Feb, 2018   Release official INK wallet Mar, 2018   Beta launch of IP Asset Exchange. Apr, 2018   Ink cross-chain protocol closed test Apr, 2018   INKubator crowd-funding platform (beta version) went online May, 2018   INKubator exchange platform (beta version) went online May, 2018   INKchain sovereignty alliance chain reached Tendermint agreement May, 2018   INKchain Explorer (beta version) went online May, 2018   Ink Blockchain developer service BaaS platform—INKstone beta 2.0 went online Jun, 2018   INKchain decentration DApp—INKwork beta went online Jun, 2018   INKDAppstore went online Jul, 2018   INKubator crowd-funding platform completes its first IP crowd-funding Aug, 2018   INKubator Exchange platform opens IPToken transactions officially In the future we will constantly develop new applications to build Blockchain 3.0 ecology

Core Members Introduction:

Walter Komarek Walter is the CEO, President and Managing Partner of Forbesfone (the biggest telecom company in Malta). He is also the CEO of Angel Investment. Walter is a well-versed figure in the European telecom market. He is a master in business strategy and business development. He graduated from the University of Salzburg and fluent in German, English and Russian. https://ift.tt/2O2rOSG

Tsukikawa Yuu Yuu is an employee in Recruit. He is an active promoter of blockchain development in Japan. As an early investor of Bitcoin, he maintains long-term cooperation with the largest cryptocurrency trading platform ZAIF in Japan and provides consultancy service. He received double degrees in law from Waseda University and international relations from Peking University He previously worked for HNTV as a TV show host of “Up and up, Young Man!” and “Day Day Up”. https://ift.tt/2Nushff

Choi June She is a blockchain industry enthusiast, an early adopter of cryptocurrency, and a cross-cultural communication ambassador. She studied at Peking University and received Bachelor’s and Master’s degrees in Chinese Language and Literature. https://ift.tt/2NZ3HnQ

source: https://ift.tt/2LvGHv1

The post FCoin Announced New Listing Of GPM, INK And SAC Included appeared first on BTC News Today.

from WordPress https://ift.tt/2uZsWxJ via IFTTT