01_What is XREATORS? (ENG)
XREATORS: The NFT Marketplace for Creators
XREATORS is an NFT marketplace that uses blockchain to protect the copyrights of digital content (stickers, images, videos, fonts, music, etc.) created by content creators. It is a marketplace where creators can directly connect with their fans and sell their works.
The digital content resource is the major component of the IP industry. It is the building block for all creative works including videos, comics, games, and writing, and it is also used for creating artworks such as media art. This means that digital content brokerage and trading services will be one of the core businesses of the future. Since 1950, the awareness of intellectual property(IP) has grown significantly, and the level of service regarding IP has also grown greatly.
With the growth of digital content brokerage and transaction services, the rights of content creators, including intellectual property rights of digital content, are also beginning to draw attention. To achieve sustainable growth in the digital content market, a continuous supply of quality creative content is important. A creator-centered ecosystem in which content creators can continuously engage in creative activities will be the driving factor for this. We need a platform where content creators can pay their undivided attention to their creative works by forming their marketplace and connecting with their fans freely.
It is necessary to create a new paradigm for digital content copyrights that allow the content creators and their fans to grow together. To achieve this, first, XREATORS expands the digital content market into three areas. We go beyond the current market that is driven by professionals and create an enterprise market where content creators of other areas can purchase and use copyrights for their works. We allow individuals to easily purchase and use copyrights for their social media content. Second, XREATORS makes it possible for the copyright owners to sell their NFT ownership as well as to license the copyrights. The copyright holder can earn additional income by licensing the copyright to others while retaining ownership. Third, we simplify the process to protect the digital content copyrights for content creators. Through the five major blockchain-based authentication processes, we provide transparency on our copyright certification and profit distributions.
We aim to overcome the limitations that are arising in the transitional phase of the digital content industry by combining the technology specially designed for intellectual property authentication, protection, and transaction with blockchain technology including NFT. We simplify the content authentication and upload process for the content creators, provide incentives for selling and sharing content in virtual currency, and build a reliable marketplace to create an ecosystem where digital content is efficiently distributed. We also create an environment where users can practically use the ORTs they obtained as incentives. ORTs will be the major currency for buying and selling NFTs, IPs, and content, as well as for promotions and advertisements.
In the XREATORS environment, anyone can become a content creator. Content creators will receive fair profits and will be protected by a solid content authentication system. By converting the content to NFTs, we help consumers to easily purchase and own the content created by content creators. This will also build a safe marketplace where purchasing of the ownership rights to digital assets is guaranteed. As a marketplace where intellectual property rights and digital content can be freely traded, XREATORS Marketplace will continue to evolve with our partners in this new digital content ecosystem of the future.
