What is Ownchain
Ownership is deeply human. At first humans collected everything from beads, to shells to animal teeth. Our ancestors loved to collect things for self expression and for identity.
It’s not surprising then that collectibles evolved into the first forms of money. In the absence of a central bank or a government saying what’s legal tender, social consensus formed around objects that everyone could agree which were easy to exchange but difficult to fake. In a sense collectibles became portal physical manifestations for human capital as value and in doing so they catalyzed one of the greatest inventions of humanity: trade.
Humans created countless things to own, but starting with the printing press and evolving into photography, video games and movies we started packing up even more esoteric things like emotions, knowledge and experiences to buy sell and trade with one another.
Instead of these inventions being movers for freedom of distribution, large corporations tend lock away goods and lease rights to consumers who are tricked into believing they actually are owners, when they are in fact renters.
It is impossible for you as an owner to take one thing you’ve paid for and transfer it from one kingdom to the next without permission from the rulers. This starts sounding a lot more like feudalism and serfdom than true ownership.
What if we could use the inventions behind blockchain to bring back the idea of collectibles as personal unique markers of identity and self expression. Giving that these things are digital, why can’t we program them to do things?
Introducing Ownchain
Ownchain represents the new age with digital owners and creators who have complete ownership and control over their assets.
Ownchain was created on the belief that artists should own their art. No longer will central corporations like Facebook steal and monetize artists labor. No longer will criminals get away with stealing our identity. No longer will Google and Apple own our personal data and files.
Ownchain provides the individual with complete ownership and transparency surrounding all non-fungible assets such as photos, legal documents, code repositories, digital art, audio recordings, real estate contracts and much more.
How Does Ownchain Work
Ownchain functions as a blockchain as a service platform that is currently built on top of the Ethereum blockchain and Arweave. Ethereum is the most decentralized and most secure blockchain and already is used by top brands around the world like Nike, Tiffany & Co, Google and many others. Arweave is a global, permanent hard drive built with sustainable and perpetual endowments, allowing users and developers to truly store data forever — for the very first time.
We are building no-code tools for creators, businesses, and all types of owners to securely store, share and trade non-fungible assets without the need of a middleman.
Our first product is an NFT store creator platform. Creators can launch their own NFT storefront, edit branded settings and deploy creator-owned smart contracts.
Ownchain uses NFT subscriptions to power our platform. They are free to mint and holders are requested $27 USDC every month from their wallet. Currently the supply is limited to 100, you can view them here.
Popular NFT projects like NBA Top Shot and Bored Ape Yacht Club have generated over $1 billion in sales for creators and the demand is only going up. The industry for NFTs is just beginning, think about the potential for professional photographers, gamers, influencers and companies like Disney and Marvel to list and sell their digital assets on the blockchain to billions of fans worldwide. It doesn’t stop there, even startups and companies can greatly benefit from storing their files and code on the blockchain.
We are believers in a future where the value of art is rewarded back to the creator.
Our Roadmap
We are a very young startup with a small team so our future is extremely flexible, but here are a few things:
✅ Open and fixed collection drops (jpegs and pngs)
✅ Royalties
✅ Dashboard to mint and track earnings
✅ Private storefront url
✅ Creator-owned smart contracts
❌ Support all file types, including NFT blogs
❌ Custom domains
❌ Decentralized hosting
❌ Creator subscriptions
❌ Verified art
❌ Layer 2 integration
❌ Notifications
The Future of Ownership
Online services for the first time can be built to interlock to be built on top of one another without taking the risk of incompatibility in the future. Instead of Instagram owning the rights of your photo, you can encode your original photo on the blockchain and track its transaction and ownership history overtime.
Blockchain is creating a world of digital assets and open source software that is real and permanent as anything physical and is built to interoperate as easy as lego sets.
For the first time we have both the reason and the ability to tear down the feudal castles that control our online experiences. For the first time we can transfer to true digital freedom where identity, self expression and ownership is back where it belongs, in your hands.
