Colletrix - Bridging the Physical and Virtual World

https://www.colletrix.com/

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been hard efforts to implement blockchain on several aspects of global business processes, Blockchain technology has been described as having the potential to disrupt many industries at low cost. transactions, eternity, and enhanced security. In the following years, many other blockchain implementations have been developed with each showing unique features tailored to specific use cases.

Blockchain has made it possible to issue almost all assets through the distributed ledger framework. With the help of cryptocurrency tokens, these assets can be given economic value to start and validate some transactional processes. Several on-chain protocols have been developed by a number of startups and companies that were established to create blockchain-based solutions.

On this occasion I will provide interesting information, especially in the world of Cryptocurrency. This ICO project is related to the world of commerce called Colletrix using blockchain technology to create new market value for all ecosystem stakeholders. Before the discussion, it's a good idea to read reviews that can help get information in seeing their vision and mission. Hopefully this information, of course, will give you a little insight and interest in getting involved with the ICO Colletrix project.

About Colletrix

When an intellectual property is sold usually the original maker will lose. Consumers still need to verify the collections they buy using a traditional method. Well here Colletrix uses blockchain technology to protect the creators of intellectual property (IP) and verify the authenticity of collections of merchandise.

Colletrix uses blockchain technology to protect intellectual property (IP) creators and verify the authenticity of merchandise collectibles. Original IP creators typically lose out when their IP gets transferred or sold. Consumers still need to verify collectibles they buy using archaic methods.

Colletrix grants artists the power to tokenize their IP into a digital asset, allowing them to better protect their IP each time the token is traded. Consumers can verify the authenticity of their collectibles via token information stored on the blockchain.

Colletrix is supported by talented teams from UNDONE, Animoca Brands, Future Arena, and Bitwork Accelerator. UNDONE will bring its trade expertise to demonstrate the benefits of blockchain technology for merchandise, Animoca Brands will introduce a broad network of IP owners and blockchain and gamification technologies, while Future Arena will utilize a strong IP sport and entertainment portfolio - all to create an IP creation ecosystem, dynamic trade and physical trade using blockchain technology.

Established in 2014, UNDONE is the world’s leading custom watch label founded by a team of dedicated watch industry veterans. With years of expertise in luxury watch customization, UNDONE has fully mastered the art of customizing unique watches with their own design, as well as creating watches unique to their customers. Having built a sturdy and reliable foundation in the watch industry, UNDONE is ready to bring the whole industry into a new era with the cutting-cutting-edge enhancement of blockchain technology.

Animoca Brands (ASX: AB1) leverages gamification, blockchain, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products based on popular intellectual properties such as Garfield, Snoopy, Thomas & Friends™, Ever After High and Doraemon. Animoca Brands is the exclusive China distributor of CryptoKitties. The Company is based in Hong Kong, Canada, Finland, and Argentina.

Future Arena is a digital pioneer in sports IP development and commercialization, cultivating sports IP fanbases and bridging sports brands with their IP partners’ large Chinese fanbase. Their goals are developing IP, creating business models and sharing profit together with the IP owners, including the UEFA Champion League, La Liga, Manchester City, AC Milan, Real Madrid, Schalke 04, Filippo Inzaghi, Claudio Marchisio, Graziano Pelle and more.

Future Arena is also the exclusive partner in Asia with Wyscout, the world’s biggest digital football video data scouting platform, helping Asian professional football leagues, clubs and academies on improving team performance and scouting efficiency.

Bitwork Accelerator is a program for blockchain companies of all stages and helps to match all kinds of specific resources in the private and public sectors. It devotes itself to providing corporate level blockchain business solutions and acceleration. Bitwork Accelerator will be focusing on every angle to help industries locate the shortfalls in the conventional economic model, seek new opportunities and create new economic models with blockchain technology.

Colletrix's vision envisions a world where new economies and old economies will be fully integrated to create new economic models that maximize benefits for all participants Starting with IP and the creative industry, we envision an industrial Revolution where IP owners will be able to retain the license prize they are entitled accept the application of blockchain technology.

Mission Our

Through the Platform, Colletrix strives to create new market value by integrating IP tokensization. With the introduction of NFT, we will combine the old economy and the new economy. Therefore, we will do so to extend the possibility for all IP owners and makers around the world to make long-term licenses for their IP6; and for merchandisers, we will offer them new market value on their physical commodities through the application blockchain, maximizing the attractiveness and benefits of their products.

NFT inclusion will create a dynamic interest in collectors while giving them easy access to the crypto market, and leading to new business opportunities such as the creation of franchises. Colletrix will be one of the first to inspire mass transformation and world economic integration.

CIPX Tokonomics

Colletrix will be issuing its very own ecosystem ERC-20 token, the Colletrix Token (“CIPX”). Uses include:

Crypto-exclusive special edition merchandise purchasing

Marketplace trading

NFT priority purchasing

Platform payment

ERC-721

Colletrix uses the ERC-721 protocol for its non-fungible token (NFT). Each NFT represents a unique IP. The ERC-721 tokens are visible on the Ethereum blockchain, one of the largest public chains in the world.

Blockchain

Blockchain is a cryptographic tech solution with low costs, high security, decentralization and no trust involved. With NFT information and transfer records immutable and transparent on the blockchain, everyone can freely track data and rest assured knowing they are untampered with.

Smart Ethereum Contract

The Ethereum blockchain enables smart contracts, which can store important information about a digital asset as well as allow automatic executions based on if-then conditions coded into the contract. With smart contracts, we can set limits on the number of times an IP NFT can be made into merchandise, and also ensure that original IP owners get a licensing fee from each NFT trade.

Info Token

Colletrix will issue its own ecosystem token, Colletrix Token (CIPX). CIPX is a cryptocurrency that is supported by the Ethereum network with the ERC-20 standard. Therefore, all records related to CIPX can be seen using the Ethereum browser.

Token Name: Colletrix

Symbol: CIPX

Platform: Ethereum

Type: ERC721