DEIP Litepaper: Part 1

Adam
DEIP
Published in
2 min readNov 3, 2021

Enter the creator economy

According to the United Nations reports, the creative economy generates revenue of $2.2 trillion and employs more than 30 million people worldwide. The latest trends show that it has the potential to grow 40% in the next 10 years and will become the main driver of global economic growth.

Even though the creative economy shows significant growth and potential, it still relies on the existing mechanisms and rules of the global economy which could hold it from even faster development. Emerging technologies, such as blockchain, enable novel economic models to appear. It is now possible to create an economy that will put creators in the center of the economic system and provide a way to easily, safely, and instantly capture and transfer the value they create. This economy, the creator economy, redefines how millions of creators around the world create, collaborate on, and monetize new inventions, technologies, art, and other types of intangible assets.

About us

Collective Intelligence Labs is a group of architects, researchers, developers, and designers, who are working on technologies for decentralized decision making.

Our mission is to help realize the full potential of humanity using collective intelligence technologies.

The technology we are creating is based on our core assumption that we can create a completely meritocratic society using a fully transparent, multi-dimensional reputation system, which implements frameworks for crowdsourcing decisions.

We strongly believe that introducing this system will lead to much more efficient resource distribution, enabling greater equality.

Infrastructure for global economic growth

DEIP builds a decentralized infrastructure for the creator economy. It provides Web3 protocols, applications, and tools for the whole industry, and enables the transition from the creative economy to the creator economy.

Creator Economy Protocol

A multi-chain protocol for tokenization and governance of creator economy assets. It enables on-chain discovery, evaluation, exchange, and licensing of intangible assets.

DEIP network

A domain-specific Substrate 3.0 based blockchain that implements the Creator Economy Protocol and provides interoperability with multiple other blockchains

Web3 constructor

A modular, open-source no-code/low-code platform for building Web3 applications on top of the DEIP network.

DEIP token

A native cryptocurrency in the DEIP network that also serves as the governance token and reward for validators.

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