Today, I am going to talk about an ICO project that has hit the exchange already and doing well. This project’s focus is on the secondary content (used) market. Most digital contents are very simple to copy and thus such practice will lead to losses. With a carefully thought out concept where such contents can be redistributed in order for creators, users and publishers of these contents to benefit. With the existing digital content environment, users are not issued licenses and thus the contents they have cannot be resold. Under such circumstances too, if the service of such content being in possession of the owner shuts down, such contents are lost.
Digital content is a multi-billion dollar market and the secondary content industry is relatively new. It has lot of potentials, growing steadily and by available record it grew by about 5.7% in 2017 with volume of 8415 billion Japanese Yen using Japan as a case study. There are vast number of digital contents wasting away on people’s shelves, archives and so on. Instead of keeping these contents when it’s no longer needed, it could simply serve as a source of revenue to the owner(s), platform where it will be published and creator of the content.These digital contents ranges from games, music, videos, texts,manga,ebooks etc. There is a platform where all these contents could be resold and it’s known as ASOBI Marketplace.
Asobi Marketplace
This is a distributed secondary (used) content ecosystem leveraging on the blockchain technology where used (secondary) content users, publishers and creators alike will converge in order to buy and sell the contents. The digital content include movies, texts, music, games and so on and they will be redistributed through a protected system provided by ASOBI MARKET. Licenses are owned by users on this platform which has guarantee through Digital Rights Management (DRM) and Decentralized Security System (DSS). The DSS is cloud based and this is where content creators will upload their work for selling. On the platform you can decide to buy digital contents of your choice directly from publisher stores. The secondary digital content market is a place you can sell your own contents or buy used one at a far lower price. So the choice is entirely yours to decide on what to do. On the platform after reading a content you bought you can simply sell and buy another if you do wish and you set your price or you sell according to the market price. One fantastic thing about the platform is that you receive your payment in ASOBI coin automatically in your ASOBI wallet with the amount such content was sold. All transactions are visible on the blockchain and it’s traceable.
Asobi Token
It’s a utility token, also the native token of the platform that will be used to pay for used (secondary) digital content transactions. The token is referred to as Asobi token(ABX).
Asobi Wallet
The Asobi wallet will be used directly for both buying and selling of different digital contents.
Benefits of using Asobi platform
Original publisher, seller and author(s) gets paid when their contents e.g books are sold through the deployment of smart contracts
Through smart contract items can be directly exchanged by users for Asobi coin
Fast transaction and payment
The Decentralized Security System (DSS) will make it easy for content creators to sell their work by simple upload on the secure cloud system
Reselling of used content
ASOBI ICO Details
Conclusion
There is never a moment that will be more delightful than when an unexpected profit hits your wallet through the sales of your work. Asobi is truly returning profits to its true owners. It’s a platform designed for digital content user, creators and publishers to earn when their content are sold. Such a practice will add value to the secondary digital content market.
For more useful information about the project, visit below links;
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