đŦIPSwap
Last updated
Last updated
In Development
IPSwap: Empowering Creativity through Collaboration
IPSwap is a marketplace where creativity meets collaboration in the world of intellectual property trading and remixing. IPSwap is not your average NFT marketplace â it's a vibrant ecosystem where you can trade, remix, and collaborate on creative content, unlocking new possibilities in an era of IP abdundance. We'll explore what makes IPSwap unique, how it works, and how you can join this innovative community.
IPSwap is a dynamic marketplace built using web3 technology, revolutionizing the way intellectual property is traded and shared. It provides a platform for creators to showcase their work, collaborate with others, and monetize their intellectual property in a transparent and decentralized manner. Whether you're a scientist with a patent, an artist, game developer, or digital creator, IPSwap offers a space where you can connect with like-minded individuals, explore new opportunities, and unlock the full potential of your endeavours.
IP Trading: IPSwap enables creators to trade and remix intellectual property assets, from patents, to storytelling universes, and game concepts to digital artwork and music. Whether you're looking to license existing IP for your project or collaborate with others to create something new, IPSwap provides a seamless platform for buying, selling, and exchanging creative assets.
Decentralized Marketplace: IPSwap operates on a decentralized marketplace, ensuring transparency, security, and trust in every transaction. All transactions are recorded on the blockchain, providing a transparent and immutable record of ownership and rights. Creators can trade with confidence, knowing that their intellectual property is protected and their rights are respected.
Community-driven Collaboration: IPSwap fosters a community-driven approach to collaboration, where creators can come together to co-create, remix, and build upon each other's work. Whether you're collaborating to create a new scientific programme, remixing music tracks, or developing a game concept, IPSwap provides the tools and infrastructure needed to facilitate seamless collaboration and merging of IP using the Project Proposal feature.
Licensing Opportunities: IPSwap offers creators the opportunity to monetize their intellectual property through licensing deals and commercial partnerships. Creators can set their own terms and conditions for licensing their work, whether it's for brand partnerships, adaptation rights, or commercial usage. With IPSwap, creators have full control over how their intellectual property is licensed and monetized, ensuring fair compensation for their creativity and talent.
The schematics below demonstrate a platform which fetches Intellectual Property Assets (IPA) from the Story Protocol SDK. There are 3 core functionalities within the IPSwap platform.
I. Fanbases, creators, and businesses are able to track and participate in the popularity of crossovers for licensing to entities.
In one example, fans would like to see a Superman vs. Thor movie produced. If Marvel Studios, DC Studios, the fanbase, or even a collective of Hollywood producers would create a proposal on IPSwap. A leaderboard and voting system on IPSwap would show the appetite and demand through a weighted voting system using a governance mechanism. The IPA would reside in the Story Protocol system and if any entity decides the price is right they would propose a price for derivative or attribution licenses in respect to Television, Movies, Books, Merchandising and everything else.
At a technical level user voting and proposals would work using web3 technology. A message would be signed using the user wallet to vote on proposals. Final IPA licensing would involve a Transaction with the user wallet.
At the end of the roadmap and launch of the mainnet version of IPSwap, each IP asset would be registered as an NFT (ERC-721) on Story Protocol (a rich licensing platform), and the same goes for licenses issued. The protocol was designed for maximum composability so each IP organization can access the broader web3 ecosystem, including all the DeFi services already servicing NFT projects.
IPSwap aims to collateralized loans backed by NFT collectibles or licenses with intrinsic value (upfront payment) or royalty payment expectations, fractionalized ownership of super limited NFT collectibles from popular IP franchises, or crowdfunding/capital formation solutions. The attractiveness here is the duality of IPA's as web3 native and real-world assets.
Projects could grant specific commercial licenses of their finished IP
KYC process to enable participants to join the project's royalty pool
Different tiers of contribution allowing and rewards, Kickstarter style
Ways for project to share updates and keep backers posted
Ready to join the IP revolution? Register using the waitlist to begin exploring the world of IPSwap. Join us as we empower creativity through collaboration and redefine the way intellectual property is traded and shared in the digital age. Together, let's build a future where ideas are shared and merged on-chain.
