what are the problems of the creative industry now?
Unprotected ownership of intellectual property
Limited distribution of content
Insecure financial support
I agree with them
as for me it is the most urgent problems
you are right, I hope they will be solved soon
I also hope so, because creative people need it
how these problems will be solved, it is interesting
will be Registering works on blockchain, Facilitating effective distribution marketplace, Tokenizing creative assets and digitizing value
thank you for your asking and discussion!
The Creative Industry is undoubtedly a gigantic and promising global market that will maintain its strong growth as society and technology continue advancing.
However, the rapid advancement of IP also brings inevitable challenges to the field. Due to outdated basic infrastructure, severe information asymmetry and centralized governance doctrine, the Creative Industry has been confronting many problems,
1. Unclear Ownership Due to unclear ownership, many quality IP and content are not able to incubate effectively. Disputes are frequent.
2. Inadequate Data Authenticity Such inadequacy often leads to unfair distribution of proceeds, which greatly frustrates the motivation and creativity of quality content creators.
3. Centralised Governance of Publishing, Distribution and Platform Management
Centralised governance results in various problems, such as inferior contents being marketed as premium products, unfair allocation of resources, hostile environment for young creators, and quality content and IP being neglected.
4. Immense Difficulty to Convert Original Contents to Liquid Assets Majority of the creators need a faster and more direct channel to convert their work into cash or cash equivalent.
5. Inadequacy in Ecosystem and Infrastructure in the Industry Due to this problem, there has been inadequate exploitation, creation and liquidity of value in the Creative Industry. Except for a small fraction of top-notched IPs, many quality content in the upper intermediate category are only utilized once and the utilization tends to be very elementary. As such, their potentials are not fully tapped into.
The above problems often manifest into two major complaints: unfair distribution of proceeds and irrational operation of the system.
Ink seeks to solve these problems. Through our development of the blockchain-based content generation, discovery, circulation, consumption, investment, commercialization system and related ecosystem, we can effectively tap into the various advantages of the blockchain technology. Our platform will ensure fairer distribution of proceeds and more rational operation of the industry. Ultimately, we will provide a new, comprehensive and capacious ecosystem for all original contents.
