Overview

Summary of KOR Protocol

The KOR Protocol is a decentralized IP ecosystem of tools and standards designed to empower creators, protect intellectual property (IP), and facilitate innovative collaborations. It leverages blockchain technology to offer a suite of tools and standards that simplify IP licensing, metadata management, and royalty distribution. The protocol aims to support various sectors, including music, film, TV, gaming, and art, by providing a transparent, secure, and efficient standard for managing and monetizing IP.

Metrics and Market Traction

A variety of applications and campaigns targeting various segments have been run over the last year, testing the interest and underlying thesis of the KOR Protocol. Significant interest and engagement have been measured during this period, demonstrating overall appeal and the potential for scale as developers and partners enter the network.

As of 1 September 2024 the protocol has attracted:

• 600k Lifetime Sign-Ups

• 226k Registered Users

• 285k NFTs Minted

• $1.5m Gross Revenue

• 60k Peak Monthly Active Users (MAU)

• 250k Quests Completed

• 8.74 Million Points Earned

Role of the $IP Token

Key to the growth and governance of the KOR Protocol is the $IP token, which serves multiple purposes within the ecosystem. It is used for registering and licensing IP in the IP Vault, accessing exclusive content, and participating in governance through the KOR DAO. The token also facilitates transactions, such as minting new IPs, unlocking premium content, and staking for rewards. The KOR DNA Metadata Standard, built on the ISCC framework, ensures that all content registered on the platform is traceable and protected, enabling efficient royalty tracking and attribution across various digital and interactive formats​​​​.