Barely a year after the idea to protect, manage and monetize creative work using blockchain technology was first hatched, UREEQA’s revolutionary platform is live.
Following four months in a closed beta that saw UREEQA successfully validate and Responsibly Mint™ work from several renowned Creators across a variety of fields (including BK the Artist, Vapor95, and Bryce Soderberg from Lifehouse), we’re inviting everyone else to the party.
And as per usual, our passionate and growing community will be front and center as we take this significant step toward establishing a final product.
Those who participate as Creators as the platform launches as a minimum viable product (MVP) today will have their work automatically placed in UREEQA’s Daily Batch, where their work will be permanently time-stamped on the blockchain. The record will be hashed to the blockchain in a group, with other creative work, once daily, for free. We call this Level 1.
Creative work that is uploaded to the platform will be curated by the UREEQA team and displayed in UREEQA’s community feed, allowing Creators to showcase their creative work. From time to time, UREEQA will run sponsorship programs whereby selected creations in the community will be sponsored for full Validation and monetization opportunities in the UREEQA Marketplace. This enables Creators from around the world to showcase their work to the world and monetize it.
Full Validation (Level 2) is a more rigorous form of protection for creative work where, through individual staking claims, the user has their own dedicated hash on the blockchain. This allows users to post important information to the blockchain, like authorship details, artist residency, employment information and dates of creation. These are critical pieces of evidence that legacy copyright agencies typically collect for copyright registration. Additionally, and most powerfully, UREEQA provides Creators with the ability to attach supporting documents to the record that are also hashed on the blockchain. Supporting documents include any evidence generated by the Creator that helps prove that they are the author and/or owner of the work. Some powerful examples include photos of the Creator in the act of creating the work, previous sketches and versions, and ownership assignment documents. By writing these supporting documents to the hash on the blockchain, the Creator is provided an additional level of proof that they can reference in the future. Users will need to reach out to us directly for Level 2 protection and we will carefully guide you through the process.
Want in? For a chance to join the public beta, simply hit the Platform page at UREEQA.com and register as a Creator, a Validator, or both. Anyone can jump in, and several types of creative work are on the table, from music, video, visual art and photographs to written works (like books and whitepapers).
Not only will this give you a chance to protect and monetize your work as a Creator or earn UREEQA tokens (URQA) and rewards as a Validator, but it will give us a more thorough opportunity to enhance the platform from every angle as the project itself continues to grow and evolve.
“For much of the last year, we’ve worked day and night to turn an idea into a product,” UREEQA CEO Harsch Khandelwal said. “And while we’ve still just scratched the surface in terms of our potential, this is our first big opportunity to show the world the significant utility we can bring to the table.”
NFTs Responsibly Minted™ by UREEQA on behalf of BK the Artist and Vapor95 generated more than US$200,000 in sales. If that’s your goal, this is the first step. And if you have other goals for your work or simply want to get in on the ground floor as a Creator and/or Validator, the time is now!
About UREEQA
The UREEQA platform strives to protect Creators’ work, their rights and their revenue by harnessing the power of blockchain technology.
Established in Canada in 2020, UREEQA will modernize the inefficient and bureaucratic systems currently in place for copyright, patent, industrial design and trademark protection. By building a robust and compelling Package of Proof for source creative work, UREEQA only mints Validated NFTs to represent creative rights. This helps keep buyers safe by giving them confidence that the work they are purchasing was minted by the smart contract approved by the Creator of the work and is therefore authentic.
UREEQA provides value and opportunities for its Creators, Validators and Tokenholders via URQA, the token at the heart of the UREEQA ecosystem.
For more information on UREEQA and upcoming announcements please visit our website UREEQA, join our Telegram channel here, and follow us on Twitter here.
Disclaimer:
Statements in this article, including any statements relating to UREEQA’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in technology development and commercialization. As a result, actual results may vary materially from those described in the forward-looking statements.
