COLLETRIX : Linking The Physical and Virtual World

Introduction

Colletrix is passionate about setting the records straight and restoring the lost glory of IP. Interestingly, it has relevant partners that have a vast experience in the niche. Taking advantage of this and implementing multiple features, it succeeded to integrate the previous model of marketing and buying IP with the new model that is formulated on a decentralized architecture hinged on the blockchain. In light of this, participants now have a completely new model that facilitates transactions in a seamless manner while upholding integrity by keeping users’ actions secure.

New Model From COLLETRIX

This platform is a new business model consisting of mutually beneficial relationships between several parties: IP owners, Merchandisers, Collectors, Crypto fans, and you.

• For IP Owners 

This project aims to provide access to owners of genuine IP opportunities to provide lifetime licenses through NFT adoption. The unique design of IP owners will be included in their unique NFT, and inevitably leads to the creation of a secondary IP-NFT market (“NFT Marketplace”). IP owners will be rewarded.

• Problem

When intellectual property is sold in a free market, the original creator usually loses both legally and economically. Buyers and collectors must always verify the authenticity and history of the goods or intellectual property they buy before making a purchase. Unfortunately, the practice of law knows many negative examples when buyers fail to get complete information about the rights obtained. Following are the main problems faced by participants in the market for trade in intellectual property and property rights:

1 Lack of an effective verification method. Traditional methods do not provide a complete guarantee of authenticity, therefore, many market participants pay attention to new digital technologies and try to develop a system of verification of their own rights.

2 Reducing the value of intellectual property rights and reducing the income of the owner. Modern business models cause gradual decline in value and a decrease in income. The legal object is depreciated due to forgery and other serious vulnerabilities.

3 Counterfeit and counterfeit goods. Luxury items or limited editions are often marketed with high collection value. Nonetheless, many dishonest intermediaries negatively affect their value, because the costs fall quickly.

• Solution

Colletrix allows intellectual property writers and collectors to turn their properties into digital assets, which enables them to improve their rights to have distributed distribution in blockchain, the reliability that everyone knows. In this way, ownership is protected safely and the owner can always prove ownership. Buyers can check information about assets obtained on the open public registry blockchain and get all the information and history about items purchased. It should be noted all categories of users who can use the Colletrix ecosystem and receive benefits and advantages:

1 For intellectual property owners. They receive a prize in the form of a fixed percentage of the price of the NFT trade made by the owner. Trading prices are generated as a result of trading on the NFT special stock exchange

2 for sellers. They can sell their unique assets through licensed ownership, registered in the NFT token. Each NFT token can be used several times and cannot be copied or faked.

3 For collectors. Because NFT tokens and physical goods will be limited in number, limited supply will cause high competitive demand in the market.

4 For CIPX token owners. Owners of these virtual currencies can freely participate in the intellectual property market economy. The more users involved in the ecosystem, the more items and NFT tokens will be generated through the platform, attracting all new users.

Colletrix developers have begun to take advantage of current technological advancements. The Blockchain-registry is a reliable solution for recording all operations on the platform. He also protects the content rights of intellectual writers, owners of rare items and collectibles and unique luxury items. Every user is always free to check the information needed in an open and transparent network.

COLLETRIX Token

Colletrix has a native token called “CIPX”. It functions as the in-house payment system that handles all transactions within the ecosystem. As a means of encouraging the use and circulation of the token, Colletrix offers a discount from each payment made with CIPX.

CIPX Token Use Cases

CIPX can be used to buy NFT on the NFT Marketplace and special products in the Marketplace produced by Undone and Colletrix. Colletrix will work with UNDONE to release a series of special crypto-exclusive products that can only be purchased for CIPX in the commodity market. Customers will be able to see a complete catalog of crypto exclusive products in this market. To buy this product, the customer must accept an important wallet to trade and do CIPX. After that, they can start trading for CIPX and buy exclusive crypto products in the Marketplace at a registered CIPX price.

Then, when a user wants to make another physical reduction product in the future, using the NFT IP design *, he needs to release CIPX for the right to produce goods on the platform.

CIPX Token IEO Information

Initial exchange offers for CIPX will be held at various stock exchanges around the world.

Roadmap

More information about COLLETRIX you can visit's here :
Website : https://www.colletrix.com/
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5138397.0
Twitter : https://twitter.com/colletrix
Telegram : https://t.me/colletrix
Facebook : https://www.facebook.com/colletrix.io/
LinkedIn : https://www.linkedin.com/company/colletrix

Author :
Username bitcointalk : trysetya11
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1686500
ERC20 Wallet Address : 0x24F26311B28E86523DB5f34BbF69cb63f331D403