CopyForward utilizes secure, immutable ledger technology to enable creators to establish and manage future royalty agreements on their assets, ensuring that ownership and provenance are permanently recorded. This platform allows creators and collectors to earn royalties from subsequent sales, providing a continuous income stream while maintaining the authenticity of their assets.
Funding
$50K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Creators and collectors often miss out on potential future revenue streams when their assets are resold, as traditional sales do not typically include ongoing royalty agreements. Tracking provenance and ensuring authenticity can also be challenging, leading to disputes and devaluation of assets.
Solution
CopyForward is a SaaS/DeFi platform that enables creators, owners, and collectors to establish and manage future royalty agreements on various assets using secure, immutable ledger technology. The platform allows creators to set royalty terms and receive income each time their asset is resold in the future. Royalty terms are automatically carried forward with each subsequent sale, ensuring that earlier owners can continue to benefit from the asset's appreciation. CopyForward also immutably preserves asset provenance, ownership, and terms, ensuring authenticity and trust.
Target Audience
CopyForward targets creators, artists, collectors, galleries, publishers, and estates who want to establish and manage future royalty streams and ensure the authenticity and provenance of their assets.
Features
- Web-based application for establishing future royalty agreements
- Secure, immutable ledger technology for permanent record-keeping of ownership and provenance
- Automated royalty disbursement at the time of sale
- Portfolio management tools for tracking assets
- Promotion features to push assets to popular exchanges and social media
- AI-based price discovery to compare prices of similar assets