On-chain IP refers to intellectual property rights, such as copyrights or trademarks, that are recorded, managed, and sometimes enforced directly on a blockchain. This digital registration provides an immutable and transparent record of ownership and usage permissions. It enables new methods for creators to verify authenticity, license their work, and receive royalties through smart contracts.
Context
The concept of on-chain IP is transforming how intellectual property is created, owned, and monetized in the digital realm, particularly with the rise of NFTs. Key discussions focus on the legal recognition of on-chain rights, the interoperability of different blockchain IP registries, and the mechanisms for dispute resolution. Future advancements will likely involve more sophisticated smart contract systems that automate licensing, royalty distribution, and potentially even enforcement of IP rights across various digital platforms.
This specialized Layer 2 establishes a dedicated, high-performance execution environment for entertainment IP, solving the scaling and rights management friction points for studios.
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