The world is shifting from a “value capture” economy to a “value creation” economy and needs a new set of rules, which democratize access to resources for creators and make value creation as rewarding as it should be in the 21st century.
We believe that in the near future, most resources except intellectual and human capital will become commodities. As a producer of knowledge-based assets, creative industries will become the major drivers of economic growth in the world.
We are focusing on creative industries now and creating the most advanced decentralized protocol for the creative economy. We want to make it a foundational infrastructure for unlocking the full potential of creators around the world.
DEIP Protocol (the Creator Economy Protocol) is a Web 3.0 domain-specific protocol for intangible assets and derivatives. The protocol enables the discovery, evaluation, licensing, and exchange of intangible assets. It is designed specifically for intangible asset tokenization (in the form of F-NFT), governance (via DAO), and liquidity (via DeFi instruments and derivatives).
• Issue F-NFT for intangible assets
• Fractional ownership of the assets
• Automated royaty and curation fee distribution
• Only high-value assets
• Authentication by industry specific portals
• Listing on decentralized F-NFT marketplace
• Pools of F-NFTs to hedge risks
• Create your own DAOs to manage portfolios of F-NFTs
• Ecosystem fund for distributing network assets as rewards
• Yield farming of profit from intangibles
• On-change governance of network fees
• Proof-of-Reputation system and collective intelligence protocol to crowdsource evaluation of intangible assets
• Price discovery for tokenized intangibles
• Dynamic liquidity protocol to boost profitability of the assets
• Secondary market for tokenized intangibles
• List tokenized assets on decentralized exchange
• Decentralized risk assessment
• Bridge to Ethereum and other protocols for additional liquidity
Is a part of the Decentralized Assessment System - a set of tools, frameworks, protocols, and agent-based simulation to build multidimensional proof-of-reputation systems and combine them with crowdsourcing mechanisms to source a trusted evaluation of intangible assets from domain experts.Learn more in the Decentralized Assessment System Whitepaper
Provides additional liquidity mechanisms for intangible assets. It allows borrowing a dX stablecoin from the protocol in exchange for tokenized intangible assets locked as collateral. dX is a decentralized multi-collateral backed stablecoin with F-NFT as underlying assets and is soft-pegged to a fiat currency. The price of fiat currency is provided to the network via price feeds coming from the Chainlink oracles).Learn more about the Dynamic Liquidity Protocol
DEIP Network is an application-specific Substrate 3.0 based Polkadot Parachain that implements a number of protocols for the creative economy: the core protocol is Creator Economy Protocol. On top of the Creator Economy Protocol the network implements the Collective Intelligence Protocol, the Dynamic Liquidity Protocol, and others.
As the number of portals and users grow, the network would need to process many transactions per second. DEIP Network makes sure that this requirement will be fulfilled by utilizing the scalability of a Substrate-based chain and ability to separate one single chain into multiple shards.
Nominated Proof-of-Stake consensus algorithm (BABE + GRANDPA implementation) ensures high network security, fast finality and low block production time.
We implement a hybrid transaction-free model invented by the DEIP team. The model allows you to combine free and paid transactions in the same block. For DEIP it’s crucial to provide the ability to have free transactions within a block because some operations in the protocol would have a bad UX if they need to pay transaction fees.
Multi-account transactions (MAT) contain any number of extrinsic factors with multiple accounts involved. This should work as an atomic transaction, so all extrinsic factors should be executed or none at all. MAT enables a flexible infrastructure for DAO and smart contracts.
Protocols are not static; they evolve. As they evolve there should be a way to upgrade the business logic and migrate from a legacy version to a new one. Previously, this was hard to do; sometimes even impossible, therefore leading to hard forks and network splits.
Being a Substrate-based Polkadot Parachain, the DEIP Network blockchain is fully interoperable with other Polkadot ecosystem projects. It enables higher liquidity of the locked assets.
Portals serve as a gateway to the DEIP Network and provide the UI, off-chain server and other services required to interact with the DEIP Network. Portals are the entrance point to DEIP Network for end users. Each portal focuses on a specific class of intangibles and specific creative industry, such as inventions/patents, movie scripts, tokenized talent, etc.
· Screen high-value asset
· Represented as a Portal DAO in the network
· Make a security deposit (the greater the deposit, the more assets to register)
· Charge a portal fee + curation fee
· Can utilize yield farming, AMM, and DLP smart contracts specific to their portal
· Will be able issue their own governance token
DEIP Technology Transfer Portal is a free, open-source platform for technology commercialization, built with DEIP Constructors. In this portal, established players in the tech transfer industry (mostly universities) are provided with a portal to list technologies in an open network, providing others with the chance to license or invest in these technologies.
ACTION Project portal is a platform for citizen science projects, built with DEIP Constructors. In this portal, ACTION aggregates citizen science projects to assess their quality and performance via a customized peer-review process.
VEDAI is an investment platform that enables companies and individuals to invest into coding-bootcamp income share agreement (ISA) programs and receive a share of the bootcamp profits in ISA returns. This novel investment mechanism allows to align incentives for all participants of the educational market and advance the development of global human capital.
DEIP Constructor is a free, open-source, modular, low-code/no-code constructor for building Web 3.0 portals in the DEIP Network.
All you need to build a fully-functional Web 3.0 application: UI framework (white label) + Off-chain cluster + Admin panel + DEIP Network integration.
With the constructor you can build a portal to the DEIP Network in weeks, not years. DEIP Constructor has two modes to operate 1) no code and 2) low code.
• Drag and drop
• Predefined modules
• Modules marketplace
• Third-party services plugins
• Customized branding
• JSON Configuration
• WASM contracts
• Open API
• Custom modules
• Substrate pallet integration
Issuance and management of fractionalized NFTs
Governance mechanisms for ownership of assets
Explore tokenized intangible assets, navigate and search
Buy/sell licenses for intangible assets, automate royalty distribution
Evaluation of intangible assets by domain experts
Custom business logic using WASM smart contracts
Deposit intangibles and get a loan for it
Profits from entire asset classes shared with token holders
Reach out to us for qualified help building it.Contact us
DEIP token holders participate in various governance activities in the network, from electing validators and council members, to directly voting for on-chain governance proposals to adjusting network parameters to the needs of its community.
For a pool of intangible assets used as collateral in Dynamic Liquidity Protocol, users can add additional stability to protect the assets by locking tokens into the stabilization pool. These tokens will be used in case of liquidation events, and will protect the assets by giving a time for the Vault owner to repay the debt and save collateralized F-NFTs.
With DEIP tokens users can stake for multiple purposes: to acquire more bandwidth for free transactions in the network; to participate in yield farming of specific intangible assets segment/portal profits.