The startup provides a Web 3.0 protocol for the tokenization and governance of intangible assets, facilitating secure ownership and transfer of digital rights. This technology enhances transparency and efficiency in managing intangible assets, enabling streamlined asset verification and governance processes.
Funding
$3.5M 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 often struggle to secure funding for their projects due to the difficulty in valuing and collateralizing intangible assets like intellectual property. Traditional financial institutions are hesitant to provide loans without tangible collateral, limiting creators' access to capital. Existing Web2 platforms often require creators to relinquish control and ownership of their work in exchange for funding.
Solution
DEIP provides a Web3 protocol that enables the tokenization and governance of intangible assets, allowing creators to unlock the value of their intellectual property and secure funding through decentralized mechanisms. The protocol facilitates the discovery, evaluation, licensing, and exchange of intangible assets by enabling the creation of fractionalized NFTs (F-NFTs) that represent ownership in these assets. Through decentralized autonomous organizations (DAOs), creators can govern their assets and communities, while DeFi instruments and derivatives provide liquidity and investment opportunities. The platform also incorporates a decentralized assessment system that pools expertise to evaluate the intrinsic value of intangible assets, which can then be used as collateral for loans.
Target Audience
The primary target audience includes creators, innovators, and creative industry professionals seeking decentralized solutions for managing, funding, and governing their intangible assets, as well as investors looking for new opportunities in the creator economy.
Features
- Tokenization of intangible assets into F-NFTs for fractional ownership and increased liquidity
- Decentralized governance through DAOs, empowering creators to manage their assets and communities
- DeFi instruments and derivatives for providing liquidity and investment opportunities in intangible assets
- Decentralized assessment system for evaluating the intrinsic value of intangible assets
- Collateralization of tokenized assets for securing loans and funding
- Open-source constructor for building Web3 applications on top of the DEIP protocol
- Substrate-based chain with interchain interoperability for cross-chain functionality