RIGHTS TOKEN OVERVIEW
Rights Token (RTKN) an is a BEP-20 digital tokens for RightsLedger Ecosystem, RTKN has several function within the ecosystem:
- Payment method for purchasing content rights.
- Transaction fee paid to RightsLedger from every licensing deal
- Payment method for purchasing premium services
- Rewards for users that take specific actions that encourage growth of the ecosystem and referring new users.
- Creators ( Studio, Labels, Producers, etc. ) will receive tokens from content license sales and rewards pool and send tokens for use of premium features.
- Buyers ( Networks, Streamers, etc. ) will receive token from reward pool and send tokens for content license, premium features and transaction fees.
- All users will received token rewards form RightsLedger
- RightsLedger will send tokens to onboard buyers and creators.
Content Acquisition
Analytics application targeted at buyers for acquisitions (content profitability) and content sourcing (festival integration, browse catalogs, save targeted content, schedule/manage meetings). Application will be design to enable content buyer to make data-informed purchase decisions. Features are targeted to include:
Content Protection
Application will be designed to enable creators to register their content and third-party platforms to implement content infringement protection. Create content ownership using non-fungible token technology (NFT for Content). Integrate content validation with third-party platform designed to prevent registered content from being used by unauthorized users.
Content Monetization
Design to enable content creators to monetize their content to its full potential. It helps creators identify territories and channels, set the best price, and manage their entire rights universe.
Rights Marketplace
Buy and sell content license using smart contracts for payment. Push content license to third-party auction websites to expand sales opportunities and integrate with distribution platform to link content being viewed to our marketplace to purchase licenses.
Content Financing
Crowdfunding campaign management for creators projects, such as producing a film or recording a music album. The application could record verified pledges and rewards on a blockchain , and potentially integrate with existing crowdfunding platforms.