ASOBI: CREATING VALUE FOR DIGITAL CONTENTS
The proportion of digital content in recent times has increased from what it used to be in times past. Digitalization rate shows a steady increase in the proportion of each type of digital content, examples are Games, Videos, Music, Images and others. But unfortunately, these contents cannot be sold in a secondary market for second-hand digital contents as users are not given licenses to re-sell a used content.
For digital assets to be valuable in the secondary market, there must be a medium in which it can be monetized, giving users of these contents the ability to re-sell a content they no longer use instead of discarding them they can sell them and buy new ones. The question then is how can digital assets be valued or monetized.
Recently, most of us have seen a paradigm shift in the method of operating business models in the past since the introduction of blockchain technology.
Blockchain brings a disruptive experience in traditional methods of performing tasks known to us, which also provide a secured and transparent medium for payment for transactions which are cryptocurrencies.
Therefore, blockchain is definitely a solution which can be adopted to create value for digital contents.
Introducing Asobi
Asobi creates a distributed secondary market for digital contents thereby creating a platform where digital assets in the secondary market will be valuable for all parties which are the users and content creators and publishers.
Asobi therefore utilizes the disruptive potential of blockchain to provide a decentralized secondary market where digital assets will be valued.
How will Asobi achieve this?
The Asobi platform will create value for digital contents using the following mediums:
Blockchain: digital assets in the secondary market will be made valuable through the adoption of blockchain which will be used to create a platform where publishers, content creators and users can benefit from buying or selling of digital assets. The publisher through a irrefutable proof of content ownership is entitled to rewards from the sale of his/her content on the platform while the seller is given the license to re-sell second hand digital content in the secondary market.
Tokens: Asobi coin will be the tool for executing transactions on the platform. Users will be rewarded with Asobi coin when they re-sell second hand digital contents on the platform. This gives users the ability to purchase other digital contents on the platform using Asobi coins.
Benefits of the Asobi Platform
Asobi provides the following benefits for publishers, content creators and users on the platform, they include:
Profits for Publishers and Content creators: the platform through the use of blockchain provides a system of reward to publishers and content creators when users re-sell their contents. This is guaranteed by an irrefutable proof of content ownership via its Decentralized Security System.
License for users: users are given licenses to be able to re-sell second-hand digital contents on the platform. With licensing giving to users they can be able to tag prices to their digital content they are no longer making use of on the blockchain for other buyers.
Transparency: the adoption of smart contracts and a Decentralized Security System allows for transparency in transactions executed on the platform. Smart contracts allows for peer to peer transaction between users on the platform.
Project Opinion
Asobi seeks to create a distributed secondary content platform utilizing blockchain and smart contracts thereby creating a marketplace for buying and selling of digital contents.
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wallet address: 0x4e643A7C0E494dd7463B5F10b7Bc5F7f8BA702CD