Companies and creators can now create and issue their own tokens as a means of fundraising, incentivizing users’ engagement, and providing value to the entire ecosystem. New business models and revenue streams are emerging through the tokenization of assets such as real estate, art, and intellectual property. Purchasing possibilities such as fractional ownership, are allowing more people to invest in high-value assets.
In traditional business models, ownership and usage rights are typically managed through contractual agreements and intermediaries such as lawyers and agents.
Additionally, IP such as patents, trademarks, and copyrights, are what provide legal protection and maintain a company’s creations and branding. With the borderless nature of Web3, where lines between ownership, usage, and licensing are blurred, new approaches are crucial to ensure that ownership and usage rights are adequately defined and enforced.
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