The NFT market reached a value of $30B in 2022.
With the rapid growth, one overlooked area has lagged in development: NFT IP licensing infrastructure.
Let's review the current issues facing NFT IP licensing and explore how Ori Protocol solves them with on-chain solutions.
Gm gm! If you all are looking for one of the best web3 artists, I collated a list that I look up to. ๐งต feel free to tag your favorite artists too ๐ซก
Pixel art:
@TimpersHD of @ChimpersNFT@peekcell
@CATIST_NFT and @_LULU_NFT
@CardilloSamuel If web2 entities, nft projects/ holders want to leverage their ip, a web2.5 licensing protocol thatโs transparent and traceable will be needed for protection of their rights. So we wonโt be seeing incidents like the metabirkin, stockx or Yuga IP dispute anymore.
Weโve seen some confusion around the IP license and commercial rights we grant to our NFT holders, so we asked copyright and IP lawyer @jeremyg2k to help clear things up. https://t.co/V2nF9svWmW
Ori Protocol is creating on-chain solutions to NFT IP licensing to allow holders to unlock the full earning potential of their NFTs and allow creators to build upon existing IPs.
The NFT market reached a value of $30B in 2022.
With the rapid growth, one overlooked area has lagged in development: NFT IP licensing infrastructure.
Let's review the current issues facing NFT IP licensing and explore how Ori Protocol solves them with on-chain solutions.