Tokenize the world

Tokens can represent physical or digital items. When the ERC-20 standard (digital money, shares or basically any fungible items) was created, a new way to present ownership of a fungible item was born. The rising demand for having unique or super rare items lead to the creation of ERC-721 token standard (digital art, personal documents, cryptokitties, e.g.).
The ERC-1155 combines the best of both worlds in one single smart contract. 

erc-1

The future of ownership are tokens

Licensing will be based on token transfers, holdings or access rights.

With a pinch of magic!

multiple-tokens
MULTIPLE TOKENS

Define and configure both fungible and non-fungible tokens in one smart contract.

batch-tokens
BATCH TRANSFER

Send numerous unique tokens in a single transaction, to make transfers more efficient.

gas-90
UP TO 90% LESS GAS COST

Save up to 90% on gas fees when minting tokens, as you don't need to deploy single smart contracts.

What is so special in our solution?

We leverage the usage of the ERC-1155 token and take the often non immutable part of the ERC-721 token - aka the JSON files that contains the metadata describing the token - and store it on a permanent storage called arweave.

  • Security by design
  • License metadata for the token
  • Abitrary hashed license proofs 
erc-2

Why ERC-1155?

What is it?

ERC-1155 is the first and only Ethereum token standard that allows users to mint both fungible (identical) and non-fungible (unique) assets in a single smart contract—enabling the creation of every type of asset, from digital currency to tokenized real estate up to gaming items and digital art.

We believe that this amazing new standard can be leveraged by storing the metadata to a permanent storage. Granting then access just to the curret token holders, offers nice ownership proofs and access models for digital items. 

erc-3

Fungible Token

Non-Fungible Token

Non-Fungible Token

Non-Fungible Token

interchangable
Interchangeble

A token can be exchanged to any other token of the same type. if we make an analogy with the fiat currency - an euro bill can be exchanged for any other euro bill. 

non-interchangable
Not interchangeble

Non-fungible token cannot be replaced with another non-fungible token of the same type. If you lend a token to somebody else you expect yhat person to return you the same type. you connect exchange your birth certificate for a birth certificate of aother person.

uniform
Uniform

All tokens of the same type aree identical in specification, each token is identical to another.

unique
Unique

Each token is unique and different to all other tokens of the same type.

divisible
Divisible

Fungible tokens are divisible into smaller units and it doesn’t matter which ubits you get as long as the value is the same. In an analogy with dollar. it’s the same if you get 1 dollar bill or two 50 cents or 4 quartes.

non-divisible
Non-divisible

Non-fungible tokens cannot be divided. the elementary unit is one token and one token only.

erc20
ERC-20 Standard

The well known standard on the Ethereum blockchain that allows the issuance of tokens like OMG, SNC, TRX, ...

erc721
ERC-721 Standard

The new standard on the Ethereum blockchain that gives the possibility to issue unique, non-fungible tokens. Most well known use cases at the moment aree CryptoKitties and other crypto collectibles.

Use Cases

There are numerous use cases among them one that the token standard was designed for, the gaming industry. Here numerous assets are hold by  a gamer or game developer. They also differ a lot as there are assets that are fungible (think of anything that exists n - times within a games as a game supporting asset or so), but there are also some rare things (assets you can archive or gain or buy) and some unique things (you own personal assets as certain designs or so).

This could be applied to documents, art, maybe donations, licenses and so on as combinations of the above are possible.

erc-4
daud-quote
Daud Zulfacar
Daud Zulfacar
Daud Zulfacar

Managing Director, Product & Vision

Managing Director, Product & Vision

Managing Director, Product & Vision

Tokens and blockchain offer a new way how we can design licenses, combing the commercial, legal and technical part of an usage right to create the #futureoflicensing

Tokens and blockchain offer a new way how we can design licenses, combing the commercial, legal and technical part of an usage right to create the #futureoflicensing

Tokens and blockchain offer a new way how we can design licenses, combing the commercial, legal and technical part of an usage right to create the #futureoflicensing

What's new?

in ERC-1155

Join the #futureoflicensing

Send a quick message

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