A Brief Overview of iKONIC
A multimillion-dollar esports event or business can now engage their audience in new and exciting ways with the help of iKONIC, which enables fans to own and share the greatest moments in esports history. You can easily print video clips of your wildest and most remarkable gaming performances to NFT with only a few clicks. They will be registered on the iKONIC market and available to trade in a few more clicks.
It is feasible to require these NFTs to pay royalties for the remainder of their owners' lives or to create a new revenue stream through the sale of sublicense rights. And this is just the start! In iKONIC, there will be multiple NFT marketplaces. We'd have a community, a movement. IKONIC's gaming community is a formidable force, and we're committed to assisting them in harnessing it to do great things.
E-sports is a multibillion-dollar industry.
The $950 million esports business is expected to grow at a 9% annual rate until 2023. When you're not paying attention, multimillion-dollar esports events take on meaning. Some now offer monetary awards that exceed those offered at golf's first major, the Masters. When we examine this new market, it is clear that something is missing.
The legacy sports sector has a substantial secondary market.
by remembering on the sport's finest moments Sports memorabilia and collectibles account for a sizable portion of this, accounting for $140 billion in annual revenue. This venerable industry is also embracing blockchain technology in order to modernize. NBA Top Shot's earnings have reportedly surpassed $230 million in just a few months. They contributed to the company's $2 billion valuation.
However, the esports sector has yet to see something exactly like this—at least not yet.
There is a potential that this is all very new and that things are changing at an alarming rate. It is possible that our legal framework has been misplaced. Major sports organizations can leverage and re-monetize their intellectual property (IP) by sub-licensing without jeopardizing or diluting their rights to the underlying product. This structure has not yet been implemented on the blockchain. At the moment, we have the capability to do so. IKONIC is prepared and waiting to put it to use.
There is no reason for us not to accomplish NBA Top Shot in the esports market. We'll assist the most prestigious events in leveraging the power of blockchain technology to improve revenue and reach.
THE IMPORTANCE OF ICONS
Consider how iKONIC is capitalizing on the enormous growth potential of this gaming trend. Six strategies are being developed:
iKONIC WILL Supply ENDLESS VIDEO CLIPS FOR THE NFT PRINTING EXPERIENCE: iKONIC will provide consumers with an endless number of video clips for the NFT printing experience. Additionally, the platform will make simple editing and development of video content, such as the unique themes and effects found on Instagram and TikTok, simple and entertaining.
This platform will be interesting to use and simple to navigate for everyone. His goal is to establish a platform that amateur and professional gamers can use to print and share their gaming memories on a wide scale with family, friends, and fans.
Royalties and sublicense rights will be made readily available in the future.
for the platform's users, making it simple for them to manage and monetize their content.
IKONIC NFT MARKET: iKONIC will have its own pre-designed market. The initial part of development will be focused to prototyping.
clip taken from the video game NFT. As a result, gamers will be able to access the monetary value of their recorded games.
As it advances into advanced development, iKONIC's present market and community infrastructure lays the groundwork for a larger market for gaming-related digital goods. With market expansion comes a rise in demand for iKONIC games, which we will discuss in greater detail below.
Is this your first visit to a collector's residence? What an incredible trophy collection they have! Thanks to iKONIC, digital NFT users can now experience this sensation.
Because NFT on IKONIC incorporates both video clips and in-game components, it will feel more authentic, engaging, and sociable than other NFT possibilities.
Exclusive Esports Partnership: IKONIC will provide esports teams and events with unprecedented exposure, allowing them to engage with their fans and grow in prominence. They will benefit from iKONIC's large audience, robust marketplace, and social experience, all of which are designed to emphasize the finest gaming experiences.
iKONIC's NFT templates have a sublicense feature that enables them to create new and unique revenue streams and ways to engage their followers.
Only when game developers are confident that a wide audience will support their work will they be able to create some of the best games ever created. GaaS, or games as a service, is how iKONIC intends to bring it all together. Netflix served as the inspiration for this notion. For a reasonable monthly fee, the iKONIC community will have access to a large library of excellent titles.
Please visit the page below to learn more about IKONIC
Website — https://www.ikonic.gg/
Telegram — https://t.me/ikonic_moment
Twitter — https://twitter.com/official_ikonic
Medium — https://medium.com/ikonic
LinkedIn — https://www.linkedin.com/company/ikonic-official/
Discord — https://discord.gg/GgSD6B55
Author
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