Tokenization therefore makes

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Shishirgano9
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Joined: Tue Dec 24, 2024 3:20 am

Tokenization therefore makes

Post by Shishirgano9 »

t possible to materialize copyright. Let's now imagine that the entire copyright on a work is illustrated by 100 small digital balls or "tokens". Then, let's say that I compose a song with a friend.

I write the music while my friend writes the lyrics. We a complete list of unit mobile number database could then split the balls half and half: 50 balls for the author and 50 balls for the composer. Remember that the blockchain makes it possible to guarantee that these separate balls are not simultaneously attributed to two different people. In this context - and why not - we could also choose to sell this asset to our friends, parents, families and followers in order to transform them into investors, into fanvestors . We could also share the profits generated by our song with them, pro rata according to the number of balls that each person owns.

That’s essentially what Gramatik did: he turned his songs into a startup and converted his catalog into a “portfolio .” Using the Tokit.io platform, the artist tokenized his catalog and opened it to the market in order to involve his fans in the advancement of his career. In return, Gramatik promised to share a portion of his profits with them based on the number of marbles each of them owned.
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