InvArch - intellectual property protection unicorn

We live in an amazing time, a time of development of high technologies, a time when everyone on this planet can do something significant, something outstanding and useful. Everyone has a choice in which field to become one of the best. The development of the Internet and the online industry allows users to translate their ideas into reality. And that's cool!

But each of us at least once faced the problem of intellectual property protection. The authors of various projects are constantly faced with plagiarism and the problem of obtaining appropriate copyright protection. However, there is already a project that will provide an ecosystem for the protection of intellectual property and create conditions for user interaction with each other.

InvArch is a groundbreaking blockchain protocol that bridges the gap between ideas and creation; bringing together intellectuals, creators and finance within one ecosystem. It does this by tokenizing ideas, sharing their ownership, providing a secure and transparent ecosystem in which users can connect, collaborate, and form partnerships.

Users will be able to tokenize their ideas or intellectual property (IP) in the form of non-fungible tokens called IPTs. The IP Token (IPT) is part of the suite and can be thought of as a component of an idea. IP tokens are unique digital assets. IP tokens are stored using IPFS, which is a decentralized off-chain file storage protocol and provides a unique hash or CID that is used to request data.

InvArch will be part of the Polkadot ecosystem, taking the parachain slot and connecting to the Polkadot relay chain. The InvArch parachain is an application-specific data structure focused on storing intellectual property and development progress, which is validated by Polkadot relay chain validators. I am confident that the InvArch project will take its rightful place and will be in great demand among users, providing data protection. Also, low fees and high transaction speed are achieved through the use of Substrate based on the Rust language. The InvArch Project is a Unicorn Intellectual Property Tokenization for Web 3.0

Intellectual property tokens can be shared between multiple addresses or owners. An IPO is a form of shared ownership of an IP Set. The final and predetermined number of interchangeable IPOs can be attributed to a single set of intellectual property. The value of one IPO will be determined by the total amount of native network currency pegged to the IP Set divided by the total number of IPO tokens.

To create an intellectual property token (IP), the user needs to provide certain data in advance. At the time of loading an idea or file, the canonical version is mapped to a token that is in a blockchain that cannot be changed.

Tokenomics
The VARCH token will be used in the InvArch network to pay for gas, participate in management, extract intellectual property sets and form decentralized enterprises. During the genesis, 1,000,000,000 VARCH tokens will be issued, with 5% annual inflation.

Team

The Invarch team consists of brilliant specialists in various fields of blockchain industry and traditional finance.

I am confident that the InvArch project will take a worthy place and will be in great demand among users by providing data protection. Also low commissions and high transaction speed are achieved through the use of Substrate based on Rust. The InvArch project is a unicorn in the field of intellectual property tokenization for Web 3.0

You can read more about the mechanism and more information about the project in the official whitepaper.
Join the InvArch community:
Website | Twitter | Discord | Telegram | LinkedIn