INTRODUCTION
In the past, the intellectual property industry with so many people engaging in different operations was fairly Interesting until all of the activities and way of doing things in it now becomes obsolete such that it is gradually becoming ineffective and unable to meet up with this new age. Creators however, have never stopped providing contents despite the condition of things but things have not been the same since then. There is a need to revamp the entire industry so that a level of growth and development is achieved in it to eliminate the problems faced in it. For that to be achieved, the platform COLLETRIX is formed.
WHAT IS COLLETRIX
This project was innovated by Albert Colletrix who took his time to provide solution to the heavy problems or issues facing users in this industry. The industry is truely vast and also very important but only little can be done if the problems facing it are still lingering. Currently there are many factors preventing the thriving of the contents or properties produced by creators like the piracy factors. This happens most of the time where fake merchants have fake copies of the contents originally produced by a creator. This issue is really bad and does nothing than to discourage the producers. The main setback it causes for them is the profit of the creators that are reduced greatly such that their works are being consumed and there is no real tangible reward for their sweat. Many creators have gone out of the business as a result of the lack of revenue. This is what goes on in the IP sector of today which makes the business not attractive anymore.
It is usually always difficult to tell if a content in the market are the original or the fake ones meaning there is no solid approach to confirm authentication of the products so the consumers have nothing to watch out for when buying the properties so the distributors keep distributing without any restrictions and it keeps affecting the creators
HOW COLLETRIX WILL OVERCOME THE PROBLEMS
As a means of reducing and eventually stopping the theft issue in the sector, colletrix has prepared its Unique solution to curb the entire problems through perfect tokenization and other Interesting approach with the tech it has created new privacy infrastructures for the creators that will prevent their contents from being pirated. It will offer great transparency as well and when there is an operation to perform in the community, it will be done with a great speed that will leave no room for an attack to be lauched know such operation.
The token of this platform will foster effective engagement with the consumers and will prevent all of the irregularities in the system. So this tokens will be listed in exchanges and the platform will have an IEO to encourage that and for better hosting. The platform has planned and ensured that the IEO has a particular date of release that everyone in the platform will be sensitized about. The program has been properly scheduled and at the right time it is eventually going to be installed. The date will be released as soon as possible because the team are always working and are the best team that can handle such a project as this.
This project has a dual coin system for effective operation and easy monetizing. The CIPX token and the NFT. They are different in the sense that one is an ERC20 model and the other is not.
The team has set the platform to monitor and ensure safe transactions between the sellers and the consumers, making them sell at a rate that is profitable to thw creator and also to the seller. This helps to prevent any form of greed that can lead to the hiking of the content price. The producers will make money now more and will be motivated to produce more of such helpful or entertaining IP.
CONCLUSION
This platform will bring so many benefits to the users through the new features introduced into the system. Intellectual properties will become more accessible and will never be adulterated again.
USEFUL LINKS
Website: https://www.colletrix.com/
Whitepaper: https://www.colletrix.com/wp/en/ColletrixWhitepaper.pdf
Telegram: https://t.me/colletrix
Twitter: https://twitter.com/colletrix
Facebook: https://www.facebook.com/colletrix.io/
AUTHOR'S DETAILS
Bitcointalk username- arnoldrimmer
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=31787;sa=summary