ProBit Global has launched a new partnership with IPVERSE following the listing of its token IPV in May.
IPVERSE seeks to disrupt the current IP market, creating an independent IP network to enhance security, transparency, and fair streams of monetization covering all original IP ranging from art, culture, and technology.
With many consumers frustrated by the inability to monetize and protect their IP rights, IPVERSE turns to the blockchain to establish wider awareness and commercial opportunities for various content creators to deploy and increase their access to various IPs.
The decentralized network helps to provide provenance of IP rights by recording hash values for IP data, thus providing traceability as well as automated, transparent payments conducted through smart contracts to equalize earning opportunities for all creators.
The platform’s IPV tokens are primarily used to trade digital IP rights to increase potential sharing and monetization channels while helping to prevent IP rights infringement. NFT collectors will also be able to use IPV to trade on an NFT market called ONFT.
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