KOR Protocol, a well-known blockchain-based platform revolutionizing entertainment industry and intellectual property management, has announced an exclusive launch. As per KOR Protocol, it is releasing an Avalanche L1 to offer on-chain AAA entertainment intellectual property (IP). The platform disclosed this development in a recent article shared on X.
KOR Protocol Unveils Avalanche L1 for Advanced IP Management, Monetization, and Protection On-Chain
By launching its separate Avalanche L1 blockchain, KOR Protocol promises an exclusive level of transparency and security for creators. The project, which is developed by a group of pioneer industry participants, focuses on revolutionizing the management, monetization, and protection of the intellectual property. Hence, it pays a considerable attention to facilitating the creators across the globe.
With the IP’s shift from the offline setting to the online environment, a drastic change has occurred in its consumption and creation. Immense opportunities have been delivered by the internet for the filmmakers, musicians, and artists to spread their work. However, the conventional IP frameworks face several shortcomings in meeting the latest requirements of the digital landscape.
The swift expansion of the AI technology has brought further complications, making it hard for rights-holders to safeguard their creations while guaranteeing fair compensation. Nonetheless, KOR Protocol endeavors to resolve such issues by unveiling the blockchain-based infrastructure. It strengthens creators by letting them register their intellectual property on-chain.
Delivering Cutting-Edge Services and Tools to Developers for IP Integration
According to KOR Protocol, the latest Avalanche L1 will enable transparent licensing, fair IP use across the web, and automated royalty tracking. Apart from that, KOR Protocol’s services and tools will also facilitate developers. For this purpose, they will offer convenience in the integration of licensed IP as well as the content generated by AI into applications and platforms.
