iLicensing
Ukraine
iLicensing is an NFT launchpad platform and intellectual property tokenization solution for digital artists to create NFT licenses for their works usage by manufacturers, with the whole legal framework preserved and executed through blockchain.
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The Challenge
Duration of work: 1 month
People on the project: 5
The traditional process of intellectual property licensing is cumbersome and takes too much time for both licensor and licensees. Through Blockchain and NFT intellectual property tokenization, both artists and manufacturers can reach an agreement in fast and straightforward manner. With iLicensing, the NFT license creation and purchase both take minutes, and smart contract protocol ensures the license usage and ownership terms.
Project
team
- Frontend Developer1
- Backend Developer1
- Solidity Developer1
- DevOps1
- UX / UI Designer1
Andrii
[Frontend Developer]
Rostyslav
[Backend Developer]
Lidiia
[Solidity Developer]
Yurii
[DevOps]
Denys
[UX / UI Designer]
What we use
Aegas built a custom solution for iLicensing and used in-house built tools for blockchain state monitoring for changing the license state based on the the license status.
The Result
5 artists onboarded for pilot launch
24 arts tokenized
1428 NFT licenses created
Licensing for business and individual clients established
Aegas has enabled the iLicensing team to create the new NFT licenses automatically for artists. NFT licenses differ in usage specifics, such as products, themes, usage areas and the quantity for a specific type of NFT license. Through the platform, more than 1000 unique NFT licenses can be created in minutes with tailored metadata generation for each NFT.
