JayScrtNetwork
commented
2 years ago Thanks for showing interest in the network and taking the time to submit this. I have given my review to SCRT labs and I'll follow up privately when we have more information to share.
IPSea.io
IPsea is a peer-to-peer platform to monetize intellectual property (IP) files
Project Description
An IP-Driven Marketplace that connects innovators, entrepreneurs & capital through IP NFTs.
Transaction Structures
• Access to proprietary files
• Rights to use IP (“IP as a service”)
• Ownership transfer of IP (total & fractional)
• Crowdfunding for business plans
IP HOLDERS Individual inventors & IP Owners Universities with strong R&D ecosystems Medical Research Networks Consultant reports & case studies Business plans (FOR IP OR DECENTRALIZED CROWDFUNDING) Legal advice *Music & creative projects
Revenue Sources:
8.5% service fee per successful transaction
Equity in qualifying projects for users who ‘opt in’ to receive consulting & marketing expertise
Problem / Solution
Innovators gain access to global markets, leap frogging local market inefficiencies that include:
• Weak governance & regulatory infrastructure
• Limited access to growth capital
• Complexity & high cost of international patent filings
• Asymmetric information access
• Geographic constraints
Detailed product description
01 INNOVATORS UPLOAD IP
• Upload files & info brief
• Structure transaction & fees
• Designate terms & conditions
02 INFRASTRUCTURE SUPPORT
• Decentralized storage (IPFS)
• Enable real-time IP NFT transactions
• Verifiable transaction record on blockchain
03 ENTREPRENEURS
• Capitalize on IP access
• Business strategy & actualization
• Capture alpha
04 CROWD FUNDING
• International market access
• Secure equity capital
• Leverage smart contract programming
Team members
MICHEL HAMAD CMO CHITAEV VICTOR CDO JENIFER ABI HAMAD CEO RAYMOND BALLOUT FOUNDER & STRATEGY OFFICER
Team Code Repos
Development Roadmap
We will require 6 months to complete this project. We intend to have 2 developers full-time and 1 part-time, at a total cost of $350,000.
Example milestones:
Ideally, we can receive payments in 3 disbursements, one at the beginning of the grant, one after implementation of Test Version and last payment when the development work is completed.
We would be willing to consider part payment in SCRTs, up to 50%.
MARKET OPPORTUNITY
In a knowledge-based economy, real innovation can add incredible value to economic development. IPsea bridges the gap between intellectual talent (which births IP) & entrepreneurs that have a knack for identifying true innovation.
GO TO MARKET STRATEGY
20220325 IPsea.pptx