No doubt, the invention of the Internet has had a huge impact on the development of the digital industry in the world. Each of us can no longer imagine life without free access to the network. Games, communication, shopping - all this is possible on the global Internet. Also, there was a new direction - this is the purchase of virtual goods, for which we can not touch, they are only online. Over the past decade, virtual goods sales have caused a huge boom along with the exponential growth of social networks and games. As a result, a multi-billion dollar market of virtual goods appeared.
On the one hand, it seems that if the goods are virtual, then the money is virtual? No, real money! According to specialists, the turnover of virtual goods is more than $ 15 billion per year!
The digital age dictates its rules. Today, the integration of brands, celebrities and intellectual property from the real world into the digital world is the goal of the BLMP Global (Blockchain Licensing Marketplace) project, which aims to create an extensive network of cooperation between multinational brands and digital platforms.
On the one hand, it seems that if the goods are virtual, then the money is virtual? No, real money! According to specialists, the turnover of virtual goods is more than $ 15 billion per year!
The digital age dictates its rules. Today, the integration of brands, celebrities and intellectual property from the real world into the digital world is the goal of the BLMP Global (Blockchain Licensing Marketplace) project, which aims to create an extensive network of cooperation between multinational brands and digital platforms.
BLMP's mission (Blockchain Licensing Marketplace)
BLMP is designed to develop the world's first virtual market B2B2C, which will license virtual products using a single EPIK token. With the help of EPIK, it is possible to buy and sell products on all digital platforms of EPIK TOKEN, such as mobile games, video games, virtual reality, as well as gifts and stickers in social networks and instant messengers.
BLMP uses blocking technology to create a unique collaboration network where short-term licenses can be created and enforced. Short-term cooperation licenses allow digital platforms to offer a limited number of licensed virtual products for sale. BLMP covers the entire supply chain of virtual goods, including the creation, tokenization, and origin of these licensed virtual products.
Problem
Mankind is going through a transition between the physical world and the newly created digital world. Virtual goods do not physically exist in real life, but these items make sense for consumers because people spend a lot of time online.
Creating a thriving, branded virtual goods market. Digital platforms function as closed ecosystems, and brands are fragmented, working with little accessibility. Brands have different goals in the case of licensing agreements, such as geographic location, demography, licensing fees, marketing strength, and attractiveness. This makes it difficult to attract different brands on the same platform.
Creating a thriving, branded virtual goods market. Digital platforms function as closed ecosystems, and brands are fragmented, working with little accessibility. Brands have different goals in the case of licensing agreements, such as geographic location, demography, licensing fees, marketing strength, and attractiveness. This makes it difficult to attract different brands on the same platform.
Decision
Creating a platform that enhances the capabilities of customers and gives them the opportunity to purchase licensed virtual goods on the Internet for the same reasons as purchasing in real life. As sales of items profit automatically should be divided on the basis of pre-defined license agreements. Such a mutually beneficial solution involves the creation of rapid growth in the virtual goods industry. At the moment, BLMP claims that there are too many disagreements around deals between brands and digital platforms in the form of inefficient processes, legal documents, trust, accountability, and transparency. It can be concluded that BLMP is the solution to all of the above problems.
Advantages of BLMP
By joining the BLMP network, brands can scale and expand their capabilities, improving control over their partnerships, obtaining detailed information that was previously impossible due to lack of transaction transparency and traceability. BLMP intends to develop a network in which brands can seamlessly follow their intellectual property on the blockchain, right up to the creation of the product to the possible property for resale of the markets.
Customers also benefit from companies joining the BLMP network. They need to manage only one account, which can be created on a digital platform of their choice, without the need to understand the cryptic help. Customers can select their favorite digital platform to create their account and then access this account on all other participating digital platforms. Customers win because they get the freedom to buy things they already love, everywhere.
Customers also benefit from companies joining the BLMP network. They need to manage only one account, which can be created on a digital platform of their choice, without the need to understand the cryptic help. Customers can select their favorite digital platform to create their account and then access this account on all other participating digital platforms. Customers win because they get the freedom to buy things they already love, everywhere.
EPIK Token
EPIK is an ERC-20 token. EPIK will be used to facilitate the creation, distribution, and sale of licensed virtual products. Using blocking technology, brands will be able to distribute their virtual goods through a network of virtual economies with digital platforms acting as retailers. Using the EPIK token for transactions, the developers intend to allow brands, digital platforms, and consumers to track each purchased licensed virtual product for an indefinite period with full transparency. This establishes a uniform trust between all parties involved. As soon as the brand and digital platform come to an agreement, intellectual contracts are created to automatically manage the creation, tokenization.
Purse EPIK
Represents a software purse used to manage ERK-20 EPIK markers and ERC-721 markers, each of which is a unique licensed virtual merchandise. The EPIK wallet is compatible with any other marker ERC-20 and ERC-721, which means that it can store and transmit any ERC-20 and ERC-721 marker. The EPIK wallet is completely safe in the sense that only users know their own private key.
For more information about the project and the opportunities to participate, go to the links below:
Website: https://www.epiktoken.io/
Whitepaper: https://www.epiktoken.io/assets/pdf/BLMP_whitepaper.pdf
Telegram: https://t.me/EpikToken
Twitter: https://twitter.com/epiktoken
Facebook: https://www.facebook.com/EpikToken
Medium: https://medium.com/@BLMPNetwork
ANN: https://bitcointalk.org/index.php?topic=4473798.0
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This is very promising ICO has a very strong team. you did a very good review.
This is gonna be a massive project that will drive ICO crazy!! I am so excited about this project.
Very big and good project. Well explain bro.