KOR Protocol, a well-known blockchain-based platform revolutionizing entertainment industry and intellectual property management, has announced an exclusive launch.

As per KOR Protocol, it is releasing an Avalanche L1 to offer on-chain AAA entertainment intellectual property (IP). The platform disclosed this development in a recent article shared on X.

KOR Protocol, a renowned blockchain platform transforming the entertainment industry and intellectual property administration, has announced an exclusive launch. Introducing its own Avalanche L1 to provide on-chain AAA entertainment intellectual property (IP), the platform is aiming to offer an unparalleled level of transparency and security for creators. This development was disclosed by KOR Protocol in a recent post shared on X.

The project, which is being developed by a group of pioneer industry participants, is focused on revolutionizing the management, monetization, and protection of intellectual property. The project pays a great attention to facilitating the creators across the globe.

As the IP shifts from the offline setting to the online environment, a drastic change has occurred in its consumption and creation. Delivering immense opportunities for the filmmakers, musicians, and artists to spread their work, the internet has enabled a large-scale production and consumption of intellectual property. However, the conventional IP frameworks face several shortcomings in meeting the latest requirements of the digital landscape.

The swift expansion of the AI technology has brought further complications, making it harder for rights-holders to safeguard their creations while guaranteeing fair compensation. Nonetheless, KOR Protocol endeavors to resolve such issues by unveiling the blockchain-based infrastructure. It strengthens creators by letting them register their intellectual property on-chain.

''Launching our own L1 allows for an exclusive level of transparency and security, which is crucial for creators and the future of Web3. We are dedicated to empowering creators with advanced tools and technologies that will revolutionize the entertainment industry,'' stated KOR Protocol.

The latest L1 is powered by the cutting-edge Avalanche blockchain technology, which will be optimized for streaming, gaming, and metaverse applications. It will also offer low transaction fees and high throughput.

''This L1 will serve as the foundation for KOR Protocol’s services and tools, which will provide developers with convenience in integrating licensed IP and AI-generated content into platforms and applications.''

Moreover, KOR Protocol will offer a comprehensive suite of services and tools for developers, facilitating the integration of licensed IP and AI-generated content into platforms and applications.

In addition to its technical capabilities, KOR Protocol is committed to forging strong partnerships with industry leaders to maximize the impact of its initiative.

The post KOR Protocol to Launch Avalanche L1 for Advanced IP Management and Monetization On-Chain appeared first on iTechPost.

The post KOR Protocol to Launch Avalanche L1 for Advanced IP Management and Monetization On-Chain appeared first on iTechPost.