A customizable business model to satisfy all parties in any deal, including creative digital asset creators, buyers, and sellers. Flexible solutions give all parties the ability to choose what creative digital asset to create, which assets to buy, and how to use them afterwards.
Many creative digital assets & NFTs are bought as collectibles that do not empower owners with any clear and verifiable commercial and creative usage rights. The industry sorely needs a better approach. Our blockchain-powered licensing system solves this problem for any creative digital asset – for NFTs and much more!
Problem
A lack of industry standards and consistent regulations in the creative digital industry has permitted intellectual property (IP) rights abuse and limited overall industry growth. Why? Until now, there has been no effective licensing solution that fully satisfies the needs of creative digital asset creators, buyers and sellers.
Our solution
V-Art solves this problem by licensing creative assets and NFTs on the blockchain while securing any digital IP right.
V-Art Protocol creates a secondary market for what is now presented only as NFTs by licensing and monetizing creative assets on a temporary basis without forfeiting IP rights.
V-Art Protocol does this by combining legal, financial, and technical aspects of buyers-seller transactions into one, powerful solution.
Exclusive rights bundles & certificates
You also can customize IP rights for digital merchandise on a cross-platform basis for your community.
One type of license does not impact another. Licenses are limited by a specific period and region. For example, you can sell an exclusive licensing token / NFT in the UK and another exclusive licensing token in Germany. In each respective region, it will be unique and follow the conditions on creative IP rights, but will be limited to specific regions.
Exclusive
All intellectual property rights are transferred from Owner to User for the Period and Region of license operation.
User has the exclusive right to use the license for specific goals.
1 license.
Non-exclusive
Buyer has the right to use Licensing NFT for specific Goal(s) and within set Period/Region, while Owner’s rights are not restricted and they can sell other licenses or use the digital asset themselves.
Licenses set by the Owner.
Sole
Similar to Exclusive license with a key distinction - Owner does not forfeit the rights to use the digital asset.
1 license.
Each creative asset has its own unique digital certificate. The V-Art provides advanced reporting opportunities not only you, but also suitable for various stakeholders such as courts, licensees and other vendors.