How Blockchain and Smart Contracts Revolutionize Content Monetization for Intellectual Property

Blockchain is the answer to the Intellectual Property Issue.

Thomas Cherickal
ILLUMINATION

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First published at:
https://hackernoon.com/how-blockchain-and-smart-contracts-revolutionize-content-monetization-for-intellectual-property

on October 1st, 2024.

Rethinking and Rebranding NFTs When Used with Actual Digital Assets

NFTs (Non-Fungible Tokens) have earned a rather bad reputation for themselves.

When one thinks of NFTs, you automatically think of cases like Jack Dorsey’s first tweet, which was sold for 2.9 million USD in 2021 and then later revalued at 280 dollars recently — a 99% loss.

Scams and frauds have been rampant.

Following a peak in early 2022, the NFT market has seen a dramatic decline in interest and value, with many NFTs now considered virtually worthless.

Reports indicate that many individuals have lost substantial amounts — some up to $5 million —…

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ILLUMINATION
ILLUMINATION

Published in ILLUMINATION

We curate and disseminate outstanding articles from diverse domains and disciplines to create fusion and synergy.

Thomas Cherickal
Thomas Cherickal

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