Seeing how crudely the world started and how far it has grown, one can't help but ponder on the level of growth and development that has been achieved over the years, all thanks to creators of contents and thoughtful intellectual properties that has contributed to the entire process. But an urgent intervention in the Intellectual property (IP) industry is required if such progress is to continue, the many incidence of theft recorded over the years is about to serve as a huge hindrance to creation of more intellectual properties.
Albeit Colletrix came just at the nick of time to help provide solution to this really disastrous situation that hasnt being paid much attention. Colletrix comprises a group of vibrant and really passionate team from some gigantic Asian companies who are out on a mission to overhaul the IP industry.
Issues currently faced by the IP industry
Currently the IP industry faces a couple of issues that causes a loss of desire to create more intellectual properties. Let's take a look at some of these issues,:
IP piracy: these days almost all products in the market have their fake and pirated versions, this is why it's important to double every product before purchasing them. These increase in production of fake products have caused a lot of sellers of real products to run out of business, because the pirated version are sold cheaper and people tend to go for it. This problem have poised major threats to lots of businesses around the world today and has caused many to fold up.
Loss of revenue: since people no longer buy originals, what this means is that the fake are being patronised and as a result the actual companies responsible for the production of authentic products stand a high chance of running out of business.
inability to verify authenticity: due to the ambiguous and centralised settings of most retail platforms, it will be difficult to tell if certain products are fake or not, since even distributors of fake products also pose theirs as the original.
Solution proferred by Colletrix
The primary reason for creating colletrix is to help stop every act of intellectual property theft, so therefore they thought of the best and most effective way of getting this done, and realised it's by tokenization of intellectual properties via the blockchain.
In this case, no more IPs will be stolen unjustly, and it also offers a great level of satisfaction to IP owners, merchandisers and consumers by offering transparency, speed, privacy and convenience that the blockchain offers.
Another thing worthy of note is the fact that colletrix will be hosting an IEO which guarantees a direct listing on the exchange the IEO will be hosted, the implication of this is that the token will be listed directly on the said exchange as soon as the IEO is over. More details concerning the exact IEO's date and time is scheduled to be released shortly.
On a final note, I believe the colletrix platform is one that will be highly beneficial to all that is involved in it. The platform will go a long way in making life better for owners of intellectual properties.
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: Dimkpakpa
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2433138;sa=summary
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