InvArch Network | Protocol for IP ownership
InvArch Network— protocol to create and secure ownership of intellectual property (IP), using Polkadot technology, Substrate. InvArch Network is being built for the Polkadot ecosystem, where the project will act as a parachain in the Polkadot blockchain ecosystem.
IP - protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. IP is your ideas, your thoughts about creating some future product.
In the real world, we have learned how to store and manage physical assets - money, jewelry, creativity, property, real estate. But we cannot protect our own thoughts, our intellectual property, and rewrite it for ourselves in any way. Now with the advent of blockchain technology, we can truly feel decentralized, secure and free. Using blockchain technologies, we will be able to store information about intellectual property in one publicly accessible, secure data registry (InvArch Network core). Having some idea, other people won't be able to steal it from you, take advantage of your thoughts, in the cryptocurrency world, this is of particular importance, because there are no clear rules and laws.
Solution InvArch Network provides technology for the secure storage of your intellectual property in a blockchain that no one will be able to hack and change any record. With the help of the InvArch Network platform, you will not only be able to store your intellectual property (IP), but also find like-minded people who will not mind working with you on your idea and all of you will have the same rights to royalties from the manufactured product.
Protocols that are used to implement a secure IP storage environment
The INV4 Protocol — A protocol that allows you to tone various digital sets in NFT, called IPF (IP File). IP File (IPF) - the file of intellectual property, the place of its storage. IPF can be combined with each other, creating one IPS (IP SET) consisting of several IPFS. IP Files & Sets can be fractionalized across nearly every virtual dimension. IP Files & Sets may also be composed of & function as smart contracts, & self-owned IP assets that can demonstrate quine synthesis & meta-programming characteristics
To confirm ownership of intellectual property, IPT (IP Token) are used, which are minted when creating IPS, if you have an IPT of a certain IPS, then you have the right to own an IP. IPT - A crypto utility token serves one or more use-cases extending functionality within a specific ecosystem that is unique to that token.
The process of creating intellectual property (IP)
In order to start using the InvArch Network platform to securely store your IP, you need:
1. Upload your digital works to IPF. These can be various documents, pictures, drawings that prove your involvement in this idea, project.
2. Combine all your IPF into one IPS. IPS is your whole collection of your IPF.
3. Get IPT (IP Tokens) that confirm your right to store your IP.
Firstly, it can be used for truly secure storage of your intellectual property, since when uploading information to the platform, all files are checked for uniqueness, if the file is noticed in copying, it will not be downloaded.
Also, this technology can really be used to find like-minded people who are ready to translate some idea into reality with you, the advantage is that your colleagues will not be able to count on large royalties, distributions from the product's profits, since your agreement is recorded in a blockchain that cannot be hacked.
$VARCH - utility token of the project
$VARCH — native token of the InvArch network. It is required for many important functions of the network, such as payment of commissions during operations, participation in online management, for the rally of IP Sets, the creation of decentralized companies.
In total, $1 billion VARCH tokens will be issued, which will be used to use all the functions and capabilities of the InvArch Network chain. Starting from the payment of commissions, ending with the creation of smart contracts. The token really has its own value and will be a prerequisite for using any of the capabilities of the InvArch Network.