IPillar License Protocol
Power IP Licensing in a Second
Last updated
Power IP Licensing in a Second
Last updated
The IPillar License Protocol is a decentralized IP licensing protocol that streamlines the process of IP licensing. It replaces traditional agent models and employs an on-chain Automated Market Maker (AMM) smart price mechanism, as well as community-owned mathematical formulas. These features enable dynamic price adjustments based on supply and demand, ensuring transparent and fair pricing for all parties involved. The protocol also increases speed and efficiency, making it easier for users to find and purchase desired IP licenses in seconds.
This transformation has several significant benefits for IP creators and customers:
Increased IP Adaptation: With the streamlined process provided by IPillar License Protocol, it becomes much easier for businesses and individuals to adapt and utilize IP in their projects or products. The ease of access and simplified licensing process removes barriers that might have previously hindered the widespread use of intellectual property.
Greater Motivation for IP Owners: The increased adaptation and accessibility enabled by IPillar will lead to more revenue and recognition for IP owners. This, in turn, provides further motivation for IP owners to develop new and innovative intellectual property, fostering a thriving IP ecosystem.
Expanded Opportunities for IP Customers: The elimination of the traditional agent mode and the transparent pricing mechanism provided by IPillar License Protocol open up new opportunities for IP customers. They can now access a wider range of IPs at more reasonable prices, driving innovation and development of new products and services based on these IPs.