5/20/2023 0 Comments Rarify crypto![]() By tailoring variables to the content creator’s anticipated audience it is possible to either limit or encourage dissemination of any particular artifact. Rarification enhances value for new and established content. Display previews, reviews and tools allowing Collectors to browse. Once ownership is established the newly enfranchised Owner may negotiate with other Collectors - thereby facilitating the process of propagation and maximizing artifact’s store of value.Ī platform might be developed to provide marketplace tools to connect Collectors and Owners and assist in estimating fair market price. In the case of ownership transfer, the old key is disabled by the smart contract. Each item in the ledger is unique and there are no balances to calculate or verify. Because this issuance only requires approval of prior Owner there is no proof of work necessary to secure the transaction. Ownership is extended through the issuance of a unique key assigned to each print. What matters is that an agreement has been made and ownership status is granted. Owner and Collector can negotiate on purchase price in any medium of exchange mutually acceptable - crypto, fiat, work exchange, a cup of coffee - anything agreed upon. Our products enable the creation, management, and scaling of blockchain agnostic NFT solutions with simple integration. OR each sale provides the Creator with another print (which eliminates the need for royalty with high-valued artifacts). OR the contract creates an additional print for only the owner who made the sale. Apply for our open positions or leave us a message. We provide a platform for individuals and organizations to contribute to Rarimo's development. The contract creates an additional print for all subsequent owners whenever a sale is made. Rarify Labs is a service provider and community member dedicated to advancing the next-generation interoperability protocol Rarimo. The content creator decides the degree to which a given artifact is to be freely disseminated.Įxamples: A contract with only 1 initial print for sale from the creator. (each collector given n additional prints to trade) ![]() total quantity of prints allowed in circulation.(scalable along the dissemination process) This restores the incentive for Collectors to secure digital artifacts and thereby establish market value.Ĭreators can customize the following into a smart contract: Works are secured by blockchain linkages and are only viewable upon ownership verification. Cryptographic technologies suggest the possibility of restoring the artifact’s potential as a store of value and offer the potential for artists, writers, musicians and other content creators to have flexible control over their work’s propagation.Įnvision a decentralized cryptographic network maintained by interested parties (content creators, collectors, curators, institutions, etc.) where proof of ownership is established for any digital work. Throughout history the precious art market has served as a haven during periods of economic uncertainty. Digital reproduction has radically diminished store of value for creative artifacts.
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