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It’s been exciting to build alongside @pudgypenguins and bring to reality an on-chain IP licensing solution that removes the friction of traditional web2 agreement structures and enables NFT holders to license their IP for products properly.
There’s been a significant void in… https://t.co/Xgyr6E6zrg
— SaaSy Labs (@SaaSyLabs) January 27, 2024
Changing the Game in IP Licensing
To utilize Pudgy Penguins’ Overpass, users must link their digital wallets via the Overpass website on Polygon. After establishing a connection, they gain access to qualified assets and can explore numerous opportunities.
The project showcases opportunities with potential royalties, where ‘Pudgy Rods’ increase earnings based on rarity. Users select proposals and assets, seal deals with a wallet signature, and the team then matches the best asset to each opportunity.
Despite currently being Pudgy-centric, it goes beyond the NFT brand, evolving into a vital tool for IP resolution and aiming to be the premier NFT IP licensing solution for both Web2 brands and NFT collections.
As such, this innovative initiative is set to redefine the future of IP licensing, blending creativity with opportunity in the digital landscape.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
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