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The KOR Foundation has announced a ground-breaking initiative called KOR Protocol, an entertainment protocol that will transform the way intellectual property (IP) is managed, protected, distributed, and monetized in a variety of industries. By utilizing the cutting-edge KOR DNA architecture, KOR Protocol opens up new avenues for IP evolution in the music, film, gaming, and other industries by enabling artists to leverage blockchain and AI technology. Beatport, Endlesss, Pixelynx, and Animoca Brands are a few of the prestigious launch partners.
By giving authors powerful tools to track, manage, and encrypt the use of their intellectual property and digital rights, KOR Protocol improves security and ensures that content ownership can be independently verified. This cooperatively created open-source framework from several partners is expected to release a series of announcements throughout the course of the summer.
With a strong focus on user-generated content (UGC) and AI remixes, KOR Protocol facilitates interactive formats, enabling creators and communities to generate, remix, and create content seamlessly. KORUS, an initial application of KOR Protocol, boasts over 250,000 registered users, allowing them to create songs, remixes, and music videos effortlessly.
By leveraging blockchain technology, KOR Protocol introduces transparent and efficient IP licensing models, ensuring seamless transactions and royalty distributions. Integrated with tools like Revelator Labs and Beatport, the platform offers comprehensive support for creators and stakeholders in the entertainment industry.
In the realm of transmedia entertainment and new media applications, KOR Protocol aims to catalyze the evolution of IP into diverse formats, fostering enhanced interaction and value creation between creators and audiences. This suite of tools empowers artists, labels, filmmakers, game developers, and visual artists to unleash the full potential of transmedia creation.
Inder Phull, CEO of Pixelynx, a subsidiary of Animoca Brands and a launch partner of KOR Foundation, expressed enthusiasm about the platform’s potential to revolutionize entertainment and technology industries, highlighting its versatility and seamless integration capabilities.