Colletrix: an emerging force in the world of blockchain

Colletrix is a project still at incubation stage, the project was designed to help preserve the rights of intellectual property owners around the world, such that the due compensation and acknowledgement they deserve never eludes them when these intellectual property of theirs is being tapped by third parties. They also get due acknowledgements for usage of their contents.

Colletrix has been digging it out and digging it hard since they started the development of their platform, the have been able to secure a number of topnotched collaborations from a number of Asian companies and lots more. So in the course of this article we shall take a broader look at the colletrix platform and all it has got to offer.

Colletrix

Colletrix is a project with a very clear mission, the mission of the project has never been ambiguous or misleading, what they intend to achieve wih the platform is crystal clear. They aim to tokenise intellectual properties by integrating them to the blockchain.

The colletrix ecosystem aims to have its own token called the colletrix token, with the ticker CIPX. The CIPX token is supported and built on ethereum, therefore everything concerning the CIPX token can be found on the ethereum explorer. The CIPX tokens is designed to serve a number of purpose among which is its usage in purchasing the NFT (non-fungible tokens) via the NFT market place on the colletrix platform.

Colletrix aims to create an entirely different ecosystem that help in tokenization of Intellectual properties for the IP industry, this will go a long way in helping owners of IP obtain the required benefits that comes with usage of their intellectual properties. This will encourage more intellectual property owners to expand their bases and further expend their ecosystem.

The NFT market place will focus on attracting attention of collectors all around the world. The resulting large and ever expending customer base of the colletrix platform will then bring about high liquidity and increase in price of the CIPX tokens due to an unending demand.

Side attraction
Colletrix aims to work with Undone, one of the biggest producers of smart watches in Asia to produce a number of highly customised merchandise that can only be bought with the colletrix tokens also called CIPx. To make this purchase, one will also need to buy some CIPx tokens because that will be the major option for purchasing these merchandise by undone. The implication of this partnership is to help give further boost to the price of the CIPx tokens.

To add to this, when users are in need of customised merchandise from undone, that can also be arranged and done, after which payment will be made with the colletrix tokens, giving more value to the CIPX tokens.

Summary
I think the colletrix project is a good and promising project that will go a long way in surpassing the expectations of many in this space. I implore everyone reading this to do a research on it and it will definitely be worth your time and resources. Colletrix is no doubt a phenomenal project.

Useful links:
Website: https://www.colletrix.com/#
Whitepaper: https://www.colletrix.com/Colletrix_whitepaper_20190430_1.pdf
ANN: https://bitcointalk.org/index.php?topic=5138397.0
Facebook: https://www.facebook.com/colletrix.io/
Twitter: https://twitter.com/colletrix
Telegram: https://t.me/colletrix
Linkedin: https://www.linkedin.com/company/colletrix

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1920007