Rakugo (a name borrowed from the Japanese art of storytelling) is building a decentralized publishing and assetization platform that rewards content creators with revenue and exposure for their work, and enables them to manage their content as a secure digital asset. Rakugo provides creators with an Ethereum-blockchain-based platform for copyright management, publishing, and monetization.
Rakugo will enable content creators to monetize their work and track their content’s performance, empowering them to build their own personal brand. Monetization channels include: advertising channels; donations and tips using Bitcoin, Ether, or Rakugo tokens (with no fees); paid per-piece or monthly subscriptions for access to exclusive content (may also be available in local currency); and selling / auctioning shares of their creative assets on the platform’s Digital Asset Marketplace. Rakugo’s platform will additionally enable creators to crowdfund their creative projects by selling their assets or issuing tokens to funders via a Creative Public Offering (CPO).
Rakugo provides assetization via its ‘Kenzo’ engine, which creates a digital fingerprint of the content, which is then stored on the blockchain as an immutable and publicly readable record of copyright. The Rakugo publishing platform then rewards contributors with exposure and roydalties for high value, trusted content. Rakugo also utilizes a relevancy engine called ‘Shogun’, which uses machine learning on public data streams to quantify the global relevance of content published on the network, so as to maximize exposure and royalty generation. All of this technology is to be made available not only to tech-savvy users, but also to the less technically inclined, via an easy to use dashboard and a simple publishing flow.
https://youtu.be/6MJoJ2EttmwRakugo’s ‘Kenzo’ assetization engine issues custom smart contracts for managing the ownership and distribution of digital content, whereupon the copyright information is inscribed on an ERC20 token called Namespace, which then functions as proof of ownership notarized on the blockchain. With Kenzo, creators can set the terms and conditions under which the asset can be copied or exchanged, as well as limit the number of copies that can be made altogether. It is not clear how the Namespace tokens are transferred or split among contributors with a traceable history of ownership. It is also worth noting that, while the company’s whitepaper does not currently address tracking the use of assets (so as to alert owners to possible infringement), the founders say that they will implement detection and enforcement features, which will actively track the public web for unauthorized copies on behalf of creators and automatically take appropriate actions.
Revenue is generated when the content is published through Rakugo, and royalties are disbursed via a smart contract, where the Namespace token is used to attribute the correct allocation of royalties to its holder. Distribution occurs via a handshake where the Namespace token is sent to a smart contract and revenue along with the token is sent back to the token holder.
Here is the link to site where you can read more information:
https://coins.best/ico-reviews/rakugo/
