Standardized (tokenized) IP assets

Following a successful vetting process, creators (or a group of creators) enter a legal agreement with 3RD UNIT, which establishes the foundation for asset tokenization.

The digital assets IP contract covers several critical aspects:

• Concept authorship and copyright: credits the original authorship and copyright from the inception stage honoring the initial creators and giving space for new contributors

• Future development rules: outlines the initial rules and guidelines for IP property development, including financial resource allocation for pre-production stage

• Governance, oversight and accountability structure: details the governance model and executive production framework, outlines scenarios for IP success, plateau or sunsetting

• IP rights framework: defines the rights for acquiring value from new co-creators, shared authorship, royalties and fractional ownership

• Growth and reward framework: sets the terms for financial incentives (royalties, and rewards)

We plan to offer a range of digital assets with various utilities, which may include, but are not limited to:

• Fractional ownership (securitized royalties)

• Membership passes

• Collectible assets

• Playable assets (experience-enhancing)

• Consumer products in digital form

Additionally, we plan to operate as a multi-chain ecosystem, which means adjusting to the specific opportunities that each IP property or blockchain ecosystem offer at a given time.