EPIK TOKEN: THE FUTURE OF DIGITAL COLLECTIBLES

beaconofhope (16)in #epik • 6 years ago (edited)

BLMP (Blockchain Marketplace licensing) is a B2B2C blockchain company processing B2B2C transactions and providing value through efficiency, tracking, and security. BLMP is a pioneer of licensed virtual goods and BLMP's mission is to connect industrial licensing intellectuals with digital platforms. BLMP utilizes crypto-token technology built on blockchain as a tool for easily generating and liquid exchange rates in a digital ecosystem. At present, the licensing industry is ancient, fragmented, and has low accessibility.

BLMP solves the problem of this business complex by creating a broad network of global brand collaboration and digital platforms to facilitate the licensing process. BLMP is uniquely positioned for growth due to relationships with established licensing companies such as evolution and BDLabs with a combined total of more than 1,000 customers, partners, traits, and brands.

Every time a brand or digital platform joins a BLMP network, all fans or their users can participate in the network as well. A quick analysis at Dapradar can show the blockchain community that it is very far from adopting large consumers and one of the main components missing is the adoption business. Imagine a future where customers can use crypto tokens in all participating digital platforms to buy virtual goods. To buy virtual goods, customers will only create a new account once and then have access to that account in all participating BLMP digital platforms.

EXISTING PROBLEMS

Creating a successful and branded virtual product market is the problem of fragmentation. Today, the digital platform functions as an ecosystem and brand company that is fragmented, operating in silos with small accessibility. In addition, when reviewing licensing agreements, each brand juggles very different branding objectives such as geographical location, demographics, license fees, marketing power and attractiveness.

BLMP SOLUTION

BLMP is in the process of solving this business complex by creating an extensive collaborative network of global brands and digital platforms to facilitate the licensing process. BLMP has an ideal location for growth due to its association with well-established corporate licenses such as evolution and BDLabs, with a combined total of more than 1,000 customers, partners, property and brands.

Finally, aside from stealth, BLMP worked hard before launch and within 3 months, start-ups had created a fully functional product, had gained tons of traction (more than 1000 brands, millions of monthly active users) and had a working income model.
Brand

By joining the BLMP network, brands can scale and expand their reach with better control over their partnerships while gaining detailed insights that were previously impossible due to the lack of transparency in transactions and traceability. BLMP intends to develop networks where brands can easily follow their intellectuals indefinitely on the blockchain along the way from product creation to ultimately ownership for market resale.

Digital platform

For digital platforms, joining BLMP means maintaining creative freedom for their digital ecosystems with no strict or long-term licensing contracts. Digital platforms can choose and only propose licensed virtual goods that they determine will be suitable rights for their digital ecosystem. With this flexibility, digital platforms can expect to keep their income there, get help with user retention and earn extra income from licensed products for sale every time they choose.

Customer

Customers benefit from companies that join the BLMP network because adoption is simple because of them
The EPIK utility token will be utilized to encourage the creation, circulation, and offer of authorized virtual products. By utilizing the blockchain technology, brands will have the capacity to circulate their virtual products through a system of virtual economies with the computerized platform going about as retailers. By utilizing the EPIK token for exchanges, we plan to empower brands, computerized platforms, and buyers to track each acquired authorized with full transparency. This builds up uniform trust between all gatherings involved. Once both the brand and the advanced platform agree, smart contracts are made to consequently deal with the creation, tokenization, circulation, and exchanges of these virtual merchandise things between all gatherings.

The EPIK token enables them to offer authorized virtual merchandise available to be purchased for digital platforms. Branded content for computerized platforms breaks even with new income, new content, and more noteworthy visibility

THE ERC -20 TOKEN

As a rule, ERC-20 tokens are the tokens of most ICO’s, which are based on the Ethereum project, and are the kind of tokens as a rule being exchanged if the task depends on the Ethereum protocol. ERC-20 tokens are fungible tokens. Fungible tokens are concerned basically with the number of tokens (like cash) while doing correlation and fungible tokens can converge to end up a bigger number. This implies fungible tokens are not one of a kind and they are compatible or replaceable with other indistinguishable tokens. An illustration is to analyze the amount of ERC-20 tokens: 20 tokens are indistinguishable to another 20 tokens in another record or the aggregate of 5 tokens in addition to 10 tokens in addition to another 5 tokens is equivalent to 20 tokens too.

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