Colletrix — Bridging the Physical World and the Virtual World

9 min readJul 4, 2019

Digital collections in games in the form of NFT are increasingly popular with the launch of CryptoKitties in 2018 and strong initial success. . We believe NFT brings great potential applications to the merchandise market.

Utilizing the appeal of crypto collections, the Project will be the first to integrate new economies with the old economy, creating a completely new business model. The creation of the Colletrix platform (“Platform”) will introduce the industry’s first platform where original IP owners can provide new lifetime licenses through tokenization. We apply NFT technology to build new business models that will benefit IP Owners and consumers. By doing that, we began the first step to develop and enhance the blockchain community ecosystem. This platform will be a new milestone for the merchandise and IP industry market.

We are proud to introduce Colletrix, a blockchain project to bring together elements from IP, blockchain, and merchandise to create new market value supported by the world’s leading smart contract system, Ethereum.

Through the Platform, we estimate the interest of collectors; we maximize the benefits of the franchisee; we enjoy the benefits of IP owners.

Project Colletrix introduces one of the first non-commensurate tokens in the world (“NFT”) which aims to be associated with physical property design goods (“IP”). This project will be combined with IP, blockchain, and merchandise to revolutionize the merchandise market using NFT, tokens under the ERC-721 protocol, and ERC-20 tokens known as Colletrix Tokens (“CIPX”), resulting in the creation of all ecosystem differences that useful for more supporters.

One part of the Project involves the development of an NFT that represents the ownership of a unique IP associated with merchandise. Another part of the Project involves the development of CIPX, which distributes cryptocurrency in the Colletrix (“Ecosystem”) ecosystem.

Colletrix is a young platform at the moment, but even at that time it has shown a great prospect that shows clearly what it has for the future. The fact that the project team came from Asia was enough to make it successful, but more than that they were also big, experienced, and diligent. So this platform is one that you should pay attention to.

Colletrix gives artists the ability to transform their IP into digital assets, enabling them to better protect their IP.

When intellectual property is sold, the original maker is usually lost. Consumers still need to verify the collections they buy using traditional methods. Now here Colletrix uses blockchain technology to protect the creators of intellectual property (IP) and verify the authenticity of collections of merchandise.

Colletrix gives artists the ability to convert their IPs into digital assets, enabling them to better protect their IPs whenever a token is traded. Consumers can verify the authenticity of their collections through token information stored on the blockchain.

Colletrix dreamed of a world where new economies and old economies would be fully integrated to create new economic models that maximize benefits for all participants. Starting with IP and the creative industry, we envision an industrial revolution where IP owners will be able to maintain licenses that they deserve to implement blockchain technology.

Mission

The Colletrix platform seeks to create new market value by integrating IP toensization. With the introduction of NFT, we will combine the old economy and the new economy. Therefore, we will do so to expand the possibility for all IP owners and makers around the world to make long-term licenses for their IP6; and for traders, we will offer new market value for their physical commodities through the blockchain application, maximizing the attractiveness and benefits of their products. Every time a token is traded. Consumers can verify the authenticity of their collections through token information stored on the blockchain.

Colletrix is supported by talented teams from UNDONE, Animoca Brands, Future Arena, and Bitwork Accelerator. UNDONE will bring its trade expertise to demonstrate the benefits of blockchain technology for merchandise, Animoca Brands will introduce a broad network of IP owners and blockchain and gamification technologies, while Future Arena will use a strong IP portfolio of sports and entertainment — all to create an IP creation, dynamic trading ecosystem. , and physical trading using blockchain technology.

Colletrix Ecosystem

This platform is a new business model that includes five mutually beneficial relationships: IP owners, traders, collectors, Crypto fans, and you.

The Colletrix Ecosystem is an unprecedented business model.

For intellectual property owners: the project provides access to the owner of the original IP, providing lifetime security through the application of the NFT and the IP owner will be included in it. The IP owner will be rewarded according to the actual percentage of the commercial price made. Intellectual property provides many factors, so it will be more literate because its prestige has increased and is also included in the market.

For traders: the project brings many benefits to traders. With a combination of NFT, a unique level of shipping products will be introduced. The advantages are different IP designs, NFT is safe for IP owners, authenticity of products, authentication via blockchain, thus providing many benefits for traders to traders.

For collectors: with the modern design of intellectual property being a separate force that is integrated together in e-money services, low supply competition for other traders will be very attractive. for collectors to get the products they want. With blockchain based, it is clear that there are no games that can harm one party.

How does Colletrix work?

Colletrix compensates intellectual property owners through a number of techniques that include integrating them into the blockchain as a start.

The platform operates by creating non-exchangeable tokens (NFT), this token is related to each intellectual property that it represents. That is, IP owners will be able to issue lifetime licenses to users of their intellectual property through the IP-NFT market, ensuring they make money from their Intellectual property as long as possible.

Smart contracts that are run on the colletrix platform will be very beneficial for the entire ecosystem. Smart contracts allow transactions to be done automatically and at any time when needed, what is done is to provide speed and efficiency, because transactions do not need to be started manually but will be carried out at specified intervals. This action also encourages transparency.

This platform is a new business model consisting of mutually beneficial relationships between five parties: IP owners, Merchandisers, Collectors, Crypto fans, and you.

CIPX Tokenomics

Colletrix will issue its own ecosystem token, Colletrix Token (“CIPX”). CIPX is a cryptocurrency that is supported by the Ethereum network with the ERC-20 standard. Therefore, all records related to CIPX can be seen using the Ethereum browser. As a trade cryptocurrency, CIPX can be used in a variety of situations, but especially and initially used in NFT purchases issued through the NFT Marketplace.

We aspire to create a subversive ecosystem that will introduce a new IP Tokenisation transformation business model for the industry. Through IP tokenization, we aim to improve and secure benefits for IP owners. At the same time, this will attract additional additional IP owners to expand this ecosystem. With more IP owners participating in this program, the merchandiser will then be able to expand the product range for physical merchandise paired with digital assets. The NFT market will attract the attention and interest of collectors throughout the world. Our large and loyal collection base will allow high trading volumes, and increase market prices for CIPX due to high demand, mainly because the number of NFT and CIPX is limited to a stable amount.

Colletrix will issue its own ecosystem token, Colletrix Token (CIPX). CIPX is a cryptocurrency that is supported by the Ethereum network with the ERC-20 standard. Therefore, all records related to CIPX can be seen using the Ethereum browser.

Token Name: Colletrix

Symbol: CIPX

Platform: Ethereum

Type: ERC721

When a customer repurchases an NFT, he acquires ownership of a digital clock’s assets and physical assets. All information about the owner is uploaded to the Ethereum network, where everyone can access the data. The owner can also see NFT visualized (according to the watch’s IP design) directly on the platform. The owner can decide to save the NFT (for evaluation if there is a limited release of designer items) or sell it on the NFT market to others. NFT can be purchased with CIPX and other cryptocurrency on NFT. The initial IP design owner will receive a designated license prize as a reward for trading and all subsequent NFT trades, which will be part of the trading price provided by NFT sellers and buyers.

Initial exchange offers for CIPX will be conducted on different exchange platforms throughout the world.

The IEO will start from the first week of June 2019, token buyers can buy CIPX tokens based on who takes precedence, served first up to 200,000,000 tokens for sale. The Token Buyer will receive the CIPX token within 5 working days after the IEO is complete.

Sales Token

Team

This project aims to provide access to the owner of the original IP

opportunity to provide a lifetime license through NFT adoption. The unique design of IP owners will be included in their unique NFT, and consequently leads to the creation of a secondary IP-NFT market (“NFT Marketplace”). IP owners will be rewarded.

Through the Platform, we strive to create new market value by integrating IP toensiization. With the introduction of NFT, we will combine the old economy and the new economy. Therefore, we will do so to expand the possibility for all IP owners and makers around the world to make long-term licenses for their IP6; and for traders, we will offer new market value to their physical commodities through the blockchain application, maximizing the attractiveness and benefits of their products. NFT inclusion will create a dynamic interest in collectors while giving them easy access to the crypto market, and leading to new business opportunities such as the creation of franchises. Colletrix will be one of the first to inspire mass transformation and world economic integration.

Colletrix is a project that has captured the world’s attention because of its unique and extraordinary use, this project will definitely be one of the most respected projects in this space in the future.

Based on the data and facts seen, Colletrix is very good for review and investment. This is based on the reality for now, many projects are not good, and makes everyone who invests a lot of questions about their certainty and truth, so if you want to invest in this project, you should read all about the article that I made, so you can find out more about this Colletrix project from them.