The Colletrix project (https://www.colletrix.com) represents the crypto community one of the most unusual tokens in the world, whose goal is to represent the physical properties of physical objects in a digital infrastructure. The project combines operations with intellectual property rights, the use of blockchain-registry and physical objects. The goal of the developers is to create a fundamentally new market for trading and collecting things by digitizing the properties of things by writing to ERC-721 tokens. This is the main task, with the implementation of which all users of the ecosystem will be able to get certain advantages and opportunities for themselves.
Naturally, like every other area in our life, it has both flattering and negative factors, revealing that it is possible to understand what needs to be removed in order to avoid similar problems in the future. We all know that in the world there is a huge variety of various brands. Each of them owns its own copyright and is the original in all its own endeavors. But unfortunately, it is not always possible for them to track all those copies and replicas that are sold to the same consumer audience, but at a different price and with a completely different level of quality. It is impossible to fight them in the classic format, because no centralized system can distinguish the original from its copy. To solve this dilemma is a very interesting project, the key task of which is made in the union of all technological tools and functions, with the support of which, society will finally be able to get access to true high-quality goods from all over the world. The project itself has a very memorable name - Colletrix. As you already understood the technology that formed the basis of this project, we all make up our favorite Blockchain technology.
One part of the project includes the development of a non-fungible token (to NFT) system for the circulation of irreplaceable tokens, which will store unique intellectual property rights, as well as contain records about the owners of items. Another part of the project involves the development of an economic model using CIPX tokens, which will have free circulation in the ecosystem and be used for other needs, which we will consider next. You can learn more about the project at https://www.colletrix.com
How does Colletrix work
When intellectual property is sold in a free market, usually its original creator loses both in legal and economic terms. Buyers and collectors must always verify the authenticity and history of the item or intellectual property they are buying before they make a purchase. Legal practice, unfortunately, knows many negative examples of when a buyer fails to obtain complete information about acquired rights. The following are the main problems faced by participants in the market for trade in intellectual rights and property rights:
- Reducing the value of intellectual property rights and reducing the income of their owners. Modern business models lead to a gradual decrease in value and a decrease in revenue. Objects of law depreciate due to fakes and other serious vulnerabilities.
- Counterfeiting and falsification of goods. Luxury or limited edition items are often marketed with a high collection value. Nevertheless, many dishonest intermediaries negatively affect their value, because of which the cost quickly falls.
Colletrix allows intellectual property authors and owners of collection items to convert their property into digital assets, which allows them to fix their rights to possession in a distributed blockchain-registry, which everyone knows about the reliability. In this way, ownership is securely protected and the owner can always prove his ownership. Buyers can check the information about the acquired assets in the open public blockchain-registry and get all the information and history about the purchased goods. It should be noted all categories of users who can use the Colletrix ecosystem and get the benefits and advantages:
- For sellers. They can sell their unique assets through licensed ownership, registered in the NFT token. Each NFT token can be used a limited number of times and cannot be copied or tampered with.
- For collectors. Since NFT tokens and physical items will be limited in quantity, limited supply will cause high competitive demand in the market.
IEO Core Details
CIPX = 0,01$
Target sales: 7 270 000$
Individual Cap: 5 000$
Considering another internal CIPX token of the system, created according to the ERC-20 standard, it is possible to absolutely accurately state that its role is extremely important, because it had the special honor to play the role of a means of acquisition and sale for all domestic goods within Colletrix. And to participate in transactions for the acquisition of NFT. It is important to designate that the number of CIPX tokens is limited, in total they will be released 10 billion, of which only 700 million will be available for public sales. The initial price of 1CIPX is 0.01 USD.
The team working on the product
Robert Tran is the CEO of the project, as well as the co-founder of UNDONE and iCLick, a fairly large Chinese company engaged in a certain kind of marketing, connecting sellers from around the world with buyers mainly from China, with more than 45 employees. Michael Young is CMO, the CEO and co-founder of UNDONE, a first-class specialist in the service of expensive and branded watches of famous famous premium brands. George Jiang is a Managing Director with extensive e-commerce experience. Raymond Hung is a marketing specialist for the COlletrix team, he worked for a long time at Microsoft and in the digital industry in general. Comver Liang - the main architect and person responsible for the development of the project, a great experience in the development, white hat hacker, was engaged in the creation of content on social networks for more than 10 years.
Project Development Plan
You can learn more about the concept of the project and find answers to all your questions on official resources, which, as always, wait for you at the end of the article. Good luck!
Additional Information:
Website: https://www.colletrix.com
Whitepaper: https://www.colletrix.com/Colletrix_whitepaper_20190430_1.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5138397.0
Telegram: https://t.me/colletrix
Twitter: https://twitter.com/colletrix
Facebook: https://www.facebook.com/colletrix.io
My BTT profile: BTCHolder1 (https://bitcointalk.org/index.php?action=profile;u=2532700)
ETH: 0x18572db904FD206d8Ac9AE776186a97c3A71B739
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By the way, the project is really something different from the others that I see in the industry, it's worth seeing.
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The concept and purpose of this project is very good. This is the foundation that explains the benefits of this project in the future. I hope the development team can do their best at every opportunity to make this project grow.
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Super project, which will not leave anyone indifferent! Join the project, as long as there is time and benefits.
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The project is very interesting and the fact that there are always on conferences and discussions of this project speaks about an excellent approach and I hope for success.
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