Colletrix is ​​backed by a talented team from UNDONE, Animoca Brands and Future Arena and aims to revolutionize the tokenization of IP by introducing protection and monetization mechanisms for IP owners and collectors, while establishing merchant and consumer confidence in the authenticity of its products. UNDONE leveraged its merchandising expertise to demonstrate the benefits of blockchain technology for merchandise, while Animoca introduced its extensive and well-known character intellectual property portfolio through its large fan base and gamification elements.
As Colletrix's utility token, CIPX will be mainly used for commodity purchases, NFT transactions and other platform payments, including transaction fees and license fees for original IP owners. As we increase the mode and diversity of NFTs and collectibles in the future, CIPX can also be used to support NFTs' right of first refusal (for popular NFTs), and gamified payment models.