The 3-layer copyright cake 🧵
And why it matters!⚡️
And why it matters!⚡️
Traditionally there are two layers of cake:
1)The material object:the actual artwork
2)IP rights within the material object:film rights, book rights,etc.
Unless the rights are granted to you. you don’t have rights to license out or monetize the work outside of the first sale 1/
1)The material object:the actual artwork
2)IP rights within the material object:film rights, book rights,etc.
Unless the rights are granted to you. you don’t have rights to license out or monetize the work outside of the first sale 1/
Now NFT’s add an extra layer, which are revolutionary for the space. NFTs ascribe *ownership* of work—it’s not the work itself, nor the rights—much more like an official, indisputable record of ownership + history. 2/
Why is this important? This extra layer can accrue value:
1) The traditional way through licensed IP Rights, or
2) At the token layer, like on a CC0 project.
But there’s a problem. Currently, there is no way or communicable method to assign these tokenized rights. 3/
1) The traditional way through licensed IP Rights, or
2) At the token layer, like on a CC0 project.
But there’s a problem. Currently, there is no way or communicable method to assign these tokenized rights. 3/
Communities & projects need a modular tool to be able to associate rights & ownership through their projects.
This is where Greenlit comes in: infrastructure with the ability to assign those rights out both in a traditional way + token layer. 4/
This is where Greenlit comes in: infrastructure with the ability to assign those rights out both in a traditional way + token layer. 4/
What has surfaced in CC0 & rights debatably lately is that most projects don’t or wrongly convey the assignment of ownership. Greenlit fixes this. Supercharge your IP & Get Greenlit ⚡️🟢
Signup to be 1st to access IP tooling made for creators.
getgreenlit.eo.page/betasingup
5/
Signup to be 1st to access IP tooling made for creators.
getgreenlit.eo.page/betasingup
5/
TL;DR
1. Traditional Copyright has 2 layers
2. NFT’s add a 3rd layer
3. NFTs ascribe ownership
4. Value can accrue through Tokens or Rights
5. No good solution currently to solve this
6. Greenlit solves this all - Sign up for the Beta. ⚡️🟢
6/6
1. Traditional Copyright has 2 layers
2. NFT’s add a 3rd layer
3. NFTs ascribe ownership
4. Value can accrue through Tokens or Rights
5. No good solution currently to solve this
6. Greenlit solves this all - Sign up for the Beta. ⚡️🟢
6/6
Share to help your favorite storytelling & IP-centric project. We’ll be sharing thoughts & threads on what we believe will be revolutionary for the #Film3 #Web3IP space leading up to launch 🚀 ⚡️🟢
Here’s another one on why rights management is important.
Here’s another one on why rights management is important.
https://twitter.com/Greenlit_xyz/status/1562177547089199105?s=20&t=WMch6bEUul811k6TW7G1_A
Quote this tweet with your favorite NFT project
https://twitter.com/Greenlit_xyz/status/1564988624067764229?s=20&t=WMch6bEUul811k6TW7G1_A
Why Web3 rights licensing is better.
https://twitter.com/Greenlit_xyz/status/1574767220864983041
Why use a blockchain to manage licensing.
https://twitter.com/Greenlit_xyz/status/1574484981023354880
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