Global intellectual property issues and colletrix the way forward

INTRODUCTION.

It will be mere foolhardiness in this contemporary era to create media, design or write without getting it protected by intellectual property(law). No doubt, today its absolutely easy to plagiarize a work published online, even in instances where the culprits are identified, authenticity of ownership becomes difficult to proof since there is no legal right dictating or affirming that you are the owner, hence intellectual property is apt for every initiative and development. I will discuss a superb platform on my blog today which makes use of the blockchain technology in ameliorating the adverse effects of cloning and stealing of genuine effort. This platform is Colletrix, it will help to project initiative and talents of creative people hence encouraging originality and gross development.

INTELLECTUAL PROPERTY AND EXISTING HURDLES

When intellectual property is sold on a free market, usually its original creator loses both in legal and economic terms. Buyers and collectors must always verify the authenticity and history of the item or intellectual property they are buying before they make a purchase. Legal practice, unfortunately, knows many negative examples of when a buyer fails to obtain complete information about acquired rights. The following are the main problems faced by participants in the market for trade in intellectual rights and property rights:

Lack of effective verification methods. Traditional methods do not provide complete guarantees of authenticity; therefore, many market players pay attention to new digital technologies and try to develop their own rights verification systems.

Reducing the value of intellectual property rights and reducing the income of their owners. Modern business models lead to a gradual decrease in value and a decrease in revenue. Objects of law are depreciated due to fakes and other serious vulnerabilities.

Counterfeit goods and falsification. Luxury or limited edition items are often marketed with a high collection value. Nevertheless, many dishonest intermediaries negatively affect their value, because of which the cost quickly falls.

IEO Valuation

The initial exchange offering for CIPX will be carried out on different exchange platforms around the world.

Colletrix the panacea.

Colletrix allows creative people with genuine intellectual property and valuable assets as well to convert their property into digital assets. Colletrix allows you to fix their rights to possession in a distributed blockchain-registry, the reliability of which everyone knows. In this way, ownership is securely protected and the owner can always prove his ownership. Buyers can check the information about the acquired assets in the open public blockchain-registry and get all the information and history about the purchased goods. It should be noted all categories of users who can use the Colletrix ecosystem and receive benefits and advantages:

-For owners of CIPX tokens. The owners of this virtual currency can freely participate in the economy of the intellectual property market. The more users are involved in the ecosystem, the more goods and NFT tokens will generate through the platform, attracting all new users.

-For collectors. Since NFT tokens and physical items will be limited in quantity, limited supply will cause high competitive demand in the market.

-For sellers. They can sell their unique assets through licensed ownership, registered in the NFT token. Each NFT token can be used a limited number of times and cannot be copied or tampered with.

-For owners of intellectual property. They receive a reward in the form of a fixed percentage of the NFT trading price created by the owner. Trading price is generated as a result of trading on specialized stock exchanges for NFT

The brain behind colletrix is a team that encompasses am indefatigable and highly experienced experts in blockchain and global finance hence is most apt to come up with such an initiative. This initiative will go a long way to foster originality. It also protects the intellectual rights of content authors, owners of rare and collectible items and unique luxury items. Any user is always free to check the necessary information in an open and transparent network.

Conclusion.

With the colletrix platform genuine intellectual property will gain its potency and more talents will be encouraged to initiate spectacular innovations since they can now genuinely protect their initiative. The presence and introduction of the NFT tokens is a big plus since it will cross fertilize the physical and virtual world showing and proving the fact that they can work together and be absolutely successful. I assure every reader that colletrix will go beyound the limit.

MORE INFORMATION ABOUT COLLETRIX.

WEBSITE: https://www.colletrix.com/#/
TELEGRAM: https://t.me/colletrix
WHITEPAPER:https://www.colletrix.com/wp/en/Colletrix_whitepaper_20190514_low_2.pdf
ANN THREAD:https://bitcointalk.org/index.php?topic=5138397

FACEBOOK https://www.facebook.com/colletrix.io
TWITTER: https://twitter.com/colletrix
LINKEDIN:https://www.linkedin.com/company/colletrix
YOUTUBE:https://www.youtube.com/channel/UCKFYZ-DLYyBQFpVXBzUN5JQ/

AUTHORSHIP:
MY BITCOINTALK USERNAME: AJORO

MY BITCOINTALK PROFILE LINK:https://bitcointalk.org/index.php?action=profile;u=2517500;sa=summary