31.10.2021 – 19:30
IOV Sas, a Europe-based blockchain company, today announced a major innovation for the global blockchain and intellectual property industry.
Called the Creator’s Token, it is expected to revolutionize the Non-Fungible Token (NFT) landscape by irrefutably assigning the verified authenticity of the creator of a token or the assets associated with it.
Even if NFTs are not fungible (completely unique and not replaceable) once they are created, the time of creation and the NFT still depend on the statement made by the creator of the token that the creator also corresponds to the named one. With the NFT market estimated to be worth over $ 1 trillion in the next five years, this innovation is critical.
Starname Technologies’ Creator’s Token solves this important problem by permanently natively linking an NFT creator in the chain with the creations he owns or represents.
“NFTs will be with us in the future, but we have to make sure that they don’t just build on existing problems. The Creator’s Token solves a fundamental problem in this area and is certainly used by anyone who creates something to authenticate their own creation to be checked, no matter where it is sold, traded or used “, stated Karim Ganem, CEO of Starname Technologies.
“This way, the creator always has proof that he is the creator, and the token is designed to withstand market and practice developments by being written directly into the IOV blockchain and not the management or future practices of a platform subject to “, so Karim Ganem.
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Information on IOV:
Founded in 2018, IOV is a start-up with headquarters in Paris and branches in Europe.
IOV is a blockchain technology that aims to enable the largest possible number of people to benefit from the future of digital exchange and value creation.
More information on IOV: https://iov.one/
Original content by: Starname, transmitted by news aktuell