Introduction
Cryptocurrency has really gone a long way in resharpening the lives of many people around the globe by introducing new ways of doing things which are arguably way better than what was obtainable ab initio. Keys sectors of the world that have been affected with the invention of the blockchain technology
and these sectors includes, the finance, commerce and gambling sectors.
One sector that hasnt been giving much attention to is the aspect of IP (intellectual property) protection. Before now people have always been wary of publishing contents online because of the rate at which it is being stolen by people on the internet, who republish/replicate such contents and pass it as theirs. Butthe colletrix project is out to solve all this and more by presenting a platform that is out to protect the rights of intellectual property owners all around the globe through tokenization.
About the colletrix project
It is very easy to steal works from content creators especially when such works are not properly protected by certain laws. What's more saddening about this kind of theft is the fact that the said thieves are usually very difficult to track in most instances. There are a number of laws out there that help to acknowledge and compensate creators of certain contents whenever their properties get used by third parties, notable among these laws are patents, copyright, and trademark laws. The importance of having these laws in place is that it enables and encourages more people to create contents, bearing in mind that the said contents are very well protected.
This is what the colletrix project is out to do, to act as one of the bodies enforcing recognition and acknowledgement of content creators, especially on the internet, thereby giving room for innovation and creativity to thrive. The difference between colletrix and the other laws mentioned earlier is that colletrix will be using the blockchain technology as the tool to carry out this function.
Colletrix offers lifetime license to owners of contents via tokenization, the colletrix project aims to revolutionize the IP ( intellectual property) narrative and give creators of contents the boost required to create more. Later this month the colletrix team intends the make tokens available for sale by hosting an IEO on a number of reputable exchanges.
Further insight
The colletrix project has a token called NFT (non-fungible token), the aim of this token is to help associate each IP (intellectual property) to a particular creator. The colletrix project will also have a tradable cryptocurrency just like all other cryptocurrency projects and this is called the CIPX tokens. These two tokens work hand in hand to ensure for proper functioning of the ecosystem in such a way that Intellectual properties of content creators will remain preserved and invaluable for long.
Conclusion
Colletrix is a big and emerging project which is obviously going to impact greatly in the crypto space for sure. The project has been able to secure a number of high profile partnerships which shows clearly that it has some major backing and out to make its impact in the space.
For more detailed information see the links below:
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: Jigawagawa
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2433128;sa=summary