Assets Tokenization
The KIP Protocol leverages on-chain tokens for several critical functions:
Authentication: representing asset entities.
Authorization: verifying asset ownership.
Automated Financial Management: KIP's smart contracts automatically calculate compensation and ensure the correct amounts are accrued per request.
Monetization: Through specialized
DeFi
services:Facilitating decentralized trade: Offering options to buy, sell, and trade tokenized assets via a Web3 marketplace.
Enabling crowdfunding or investments in tokenized assets.
By tokenizing applications, models, or datasets under the ERC-721
or ERC-3525
standards, KIP's contract infrastructure enables builders to maintain comprehensive oversight and control over access to their work, including access methods, associated payments, and financial monetization.
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