The Colletrix Solution

Despites the growth and immense widerange popularity of bitcoin and crypto currency; it still suffers problem of adoption; as a number of nations still do not accept it. The same can be said about Intellectual Property Owners "IP Owners" who do not earn as deserved. Underservedly, IP owners suffer from merchandise duplicates too, as well as fake products which causes them to have an unstable income.

Providing solution to those problems affromentioned is The Colletrix Platform.

The Colletrix will use the blockchain technology to create new market value for all ecosystem stakeholders; exploring the development of the NFT and new technology to enable authenticity verification for merchandise, to provide ownership and authentication proof with blockchain technology, putting an end to counterfeit and making fake merchandise completely powerless. In other words, IP owners can obtain perpetual monetization from the use of their IPs. Merchandisers benefit from an explosion of branded designs to sell in their products. Consumers and collectors get to support their favorite artists, athletes and sponsors by doing what they love best – purchasing and selling of collectibles.

The operational values of the colletrix ecosystem is all encompassed around the colletrix NFT (Non-Fungible Tokens). After the IP Owner has made their production, and the merchandiser has branded it colorfully, the collectors can purchase it all in the NFT network via NFC. The NFC unique in its nature will ensure that there are no duplicates of merchandise and also ensures that every information is automatically uploaded to the blockchain which makes it traceable and transparent and it happens all on the Etherum Blockchain.

NB: ERC-721 protocol is used for the NFT ASSETS and it is clearly visible on the Etherum Blockchain.

How it works

Once the IP Owner creates the IP on the Colletrix Blockchain, the IP is tokenized into NFT, and it becomes paired with the merchandiser. So for every ethusiast willing to buy or sell collectibles on the platform, you buy the merchandise and redeem your NFT assets; after which you are able trade the NFT assets to get the CIPX tokens.

Its as easy as that.

NB: The NFT assets after redemption can be traded as a digital asset.

The CIPX Tokens importance is as follows:

• It acts as the medium of payment for the colletrix platform.

• It is very functional in the ecosystem marketplace trading with primary trade pair against NFT i.e CIPX/NFT

• It is used for buying and selling of merchandise on the platform.

TOKEN INFORMATION

Token Name: Colletrix
Symbol: Cipx
Platform: Ethereum
Type: Erc721 Ieo

Total Token Supply: 10 ,000, 000, 000 Cipx
Total Value Us$ 50, 000, 000
Price Per Token Us$ 0.01
Initial Token Pairing Btc / Eth

Target Token Sales Us$ 7, 000, 000
Private Sales Round Us$ 5, 000, 000 (500, 000, 000 Cipx)
Ieo Round Us$ 2, 000, 000 (200, 000, 000 Cipx)
Token For Sales: 700, 000, 000 Cipx

Public Float: 7%
Oversize Adjustment Option: Us$ 5, 000, 000 (500, 000, 000 Cipx) (12% Of Total Allotment)
Individual Minimum Cap: Us$ 100
Individual Cap: Us$ 5, 000

Private Round & Ieo Vesting Period: After Ieo T+3 Release 30% / After 1 Month Release 30%/ After 3 Months Release 40%

For further information about the colletrix platform, do look below the official resources of the platform:

Website: https://www.colletrix.com/

Whitepaper: https://www.colletrix.com/wp/en/colletrix_whitepaper_20190514_low_2.pdf

Ann thread: https://bitcointalk.org/index.php?topic=5138397.0

Facebook: https://www.facebook.com/colletrix.io/

Twitter: https://twitter.com/colletrix

Linkedin: https://www.linkedin.com/company/colletrix

Telegram: https://t.me/colletrix

Youtube: https://www.youtube.com/channel/uckfyz-dlyybqfpvxbzun5jq/

Author: Ifemini
https://bitcointalk.org/index.php?action=profile;u=2385091