# What is IPillar?

## Overview

IPillar is the foundational infrastructure designed to revolutionize the global intellectual property (IP) management system. Harnessing the power of decentralized technologies, IPillar offers a transformative infrastructure that streamlines the IP licensing process, eliminates traditional agent models, ensures reasonable pricing, and improves value distribution across various IPs.&#x20;

IPillar's mission is to benefit creators, businesses, and consumers worldwide by reshaping the way intellectual property is discovered, managed, utilized, consumed and exchanged.

IPillar consists of two core protocols that form the backbone of its innovative approach:

1. **IPillar License Protocol**: This protocol redefines the IP licensing process by making it faster, more efficient, and accessible to everyone. IPillar License Protocol deprecates the traditional agent model and employs a decentralized on-chain Automated Market Maker (AMM) smart price mechanism, along with community-owned mathematical formulas. By adjusting IP licensing prices based on supply and demand, this protocol ensures a more transparent and fair pricing system for all parties involved. This streamlined process significantly increases IP adaptation and creates motivation for both IP creators and customers.
2. **IPillar Graph Protocol**: This protocol focuses on establishing relationships between different IPs to create a better understanding of interconnected interests and value distribution. The IPillar Graph Protocol facilitates the effective sharing and re-creation of IP value, ultimately benefiting all stakeholders in the IP ecosystem.

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