IEO Colletrix Review
Greetings to all subscribers and readers of my blog! In today's article I would like to tell you about the new blockchain project - Colletrix (https://www.colletrix.com/)! The idea of the project is absolutely innovative and looks quite simple, but in fact the idea of Colletrix (https://www.colletrix.com) contains quite a lot of new technical solutions that will help change the design and art industry! Technologies are developing rapidly and digitalization is applied everywhere in all areas and branches of our life, including art. The latest developments keep pace with such eternal things as painting or design. But as far as copyright protection is concerned, we still have a big gap here that needs to be filled by technology. Colletrix project is trying to change the concept of people and creators about how to register and protect copyrights by introducing blockchain technology.
The project itself has a very memorable name - Colletrix. As you already understood the technology that formed the basis of this project, we all make up our favorite Blockchain technology. Colletrix is supported by talented teams from UNDONE, Animoca Brands, Future Arena and Bitwork Accelerator. UNDONE will share its trading experience to demonstrate the benefits of blockchain technology for products, Animoca Brands will introduce a wide network of IP owners, as well as blockchain technology and gamification, while the Future Arena will use a strong portfolio of sports and entertainment services in the field of IP - and all this to create an ecosystem of creating an IP dynamic trade and physical trade using the blockchain technology.
Just with the support of its creators are going to make a revolution in the market of true products. But, in order to achieve this, the creators decided that they did not need just one of their own internal token. As a result, the project team decided to make two separate tokens, using the same blockchain, but two standards, ERC-721 and ERC-20, for this purpose. If we talk more about the token standard ERC-721 (NFT), then its key task is made in a unique alliance of products with IP. This method is designed to integrate dilapidated financial methods with the latest advanced technologies, and also to make the latest and strongest business model of true products. Any IP will be backed up by its own NFT token, which in its own turn will allow making an indefinite resolution, to any single product, to any owner. In this case, all IP owners will take a reliable confidence in the protection of their rights. All of them will be connected by one joint chain of network blocks and will be supported by the well-known worldwide system of smart contracts owned by Ethereum. You can learn more about the project at https://www.colletrix.com
Colletrix working principle
If we talk about a different side of the project, then it is consistent with other compounds, at the expense of which various groups of people will be able to unite within the platform: collectors, merchandisers, owners of IP, crypto enthusiasts and other network users. For all, the Colletrix system produced a number of attractive functions and advantages in the means of which they will be able not only to receive virtuous true products, but also other fees for their own actions. In this way, Colletrix forms an unquestionably fresh mutually beneficial business model that will expand the capabilities of an already outdated classical economic system.
Colletrix allows intellectual property authors and owners of collection items to convert their property into digital assets, which allows them to fix their rights to possession in a distributed blockchain-registry, which everyone knows about the reliability. In this way, ownership is securely protected and the owner can always prove his ownership. Buyers can check the information about the acquired assets in the open public blockchain-registry and get all the information and history about the purchased goods. It should be noted all categories of users who can use the Colletrix ecosystem and receive benefits and advantages:
- For owners of intellectual property. They receive a reward in the form of a fixed percentage of the NFT trading price created by the owner. The trading price is generated as a result of trading on specialized stock exchanges for NFT.
- For sellers. They can sell their unique assets through licensed ownership, registered in the NFT token. Each NFT token can be used a limited number of times and cannot be copied or tampered with.
IEO Core Details
CIPX = 0,01$
Target sales: 7 270 000$
Individual Cap: 5 000$
Considering the second internal token of the CIPX system, developed on the ERC-20 standard. It is safe to say that his role is also extremely important, since it was he who had the special honor to act as a means of buying and selling for all domestic goods available under the Colletrix. And also to participate in transactions for the purchase of NFT. It is important to note that the number of CIPX tokens will be limited, in total 10 billion coins will be issued. Of these, only 700 million will be available for public sales. Initial cost 1CIPX = $ 0.01.
Product developers
As we see, the team is quite powerful, has experience in conducting real business, marketing and product development.
You can study this project by means of the technical documentation proposed in the resources listed below. Links which I have specially prepared for you.
Additional Information:
Website: https://www.colletrix.com
Whitepaper: https://www.colletrix.com/Colletrix_whitepaper_20190430_1.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5138397.0
Telegram: https://t.me/colletrix
Twitter: https://twitter.com/colletrix