It has been thrilling to construct alongside @pudgypenguins and produce to actuality an on-chain IP licensing answer that removes the friction of conventional web2 settlement constructions and allows NFT holders to license their IP for merchandise correctly.
There’s been a major void in… https://t.co/Xgyr6E6zrg
— SaaSy Labs (@SaaSyLabs) January 27, 2024
Altering the Sport in IP Licensing
To make the most of Pudgy Penguins’ Overpass, customers should hyperlink their digital wallets through the Overpass web site on Polygon. After establishing a connection, they achieve entry to certified belongings and may discover quite a few alternatives.
The mission showcases alternatives with potential royalties, the place ‘Pudgy Rods’ enhance earnings primarily based on rarity. Customers choose proposals and belongings, seal offers with a pockets signature, and the staff then matches the most effective asset to every alternative.
Regardless of presently being Pudgy-centric, it goes past the NFT model, evolving into a significant device for IP decision and aiming to be the premier NFT IP licensing answer for each Web2 manufacturers and NFT collections.
As such, this modern initiative is about to redefine the way forward for IP licensing, mixing creativity with alternative within the digital panorama.
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*All funding/monetary opinions expressed by NFT Plazas are from the private analysis and expertise of our web site moderators and are meant as instructional materials solely. People are required to totally analysis any product prior to creating any form of funding.
Digital artwork fanatic who brings a novel perspective to NFT information.
