IKONIC Review: New NFT Marketplace Offers Tokenization Of Entertainment Icons

IKONIC is a decentralized NFT marketplace that allows users to share and trade their digital assets on the blockchain. They’re currently in the process of launching their token sale, which you can learn more about on their website.
The IKONIC team has been working hard to create a truly unique NFT-based experience for their users—one of our favorite features is the way they’re using smart contracts to allow for both sublicensing rights and community involvement.
Let’s take a look at what we mean by these two features.
Sublicensing rights is a key feature for allowing users on the platform to share their collections or even sell off individual collectibles. It also has the potential to drive engagement on the platform by incentivizing an ecosystem of collectors and investors alike to buy, sell, and trade with one another.

Ikonic is a global esports and gaming content creation, monetization and engagement ecosystem powered by blockchain.
Our mission is to transform the immaterial value of entertaining videos into a verifiable digital asset and enable generation of revenue from them through decentralized engagement.
The IKONIC platform brings Gamers and Esports celebrities together to create, collect, and earn from the best moments across gaming and metaverse ecosystems including video games and virtual reality. The IKONIC ecosystem offers a sustainable model to create, share and monetize high-quality interactive content on various platforms including Twitch, YouTube, Mixer, and other social media networks. Ikonic is creating a new content economy that will transform how people communicate and engage with others through unique shared experiences.

Would you like to support a project developed by a group of passionate gamers and blockchain experts? The IKONIC team is looking forward to your comments and feedback.

The IKONIC team is pleased to announce the release of their open beta platform, where users can create and collect digital art of esports moments. The IKONIC token sale is scheduled for late 2018.

The IKONIC platform brings Gamers and Esports celebrities together to create, collect, and earn from the best moments across gaming and metaverse ecosystems. The IKONIC token will be used to incentivize creation of digital art assets of esports moments that can be exchanged between creators and collectors via the marketplace.

Ikonic will launch an ICO for its ERC-20 token, which will be used as a currency on the platform. The platform will also issue limited edition tokens that are unique in their appearance and have no extra value other than collector status.

Ikonic has recently released their open beta version at ikoniclabs.com . This version allows users to browse through existing moment cards as well as create their own using photos from their personal gallery or by using an in-built camera function for 360 degree viewing experience. Users can also share these cards with friends via email or social media platforms such as Telegram and Reddit. Ikonic is also available on iOS and Android mobile apps under development.
One important element of the IKONIC NFT Marketplace is a token, $IKONIC. This token will have 3 pillars: 1, Buy and Sell IKONIC Moments; 2, Rewards; and 3, Staking.

The rewards will range from access to exclusive events to pack drops.

IKONIC is the first decentralized NFT marketplace that empowers creators and players to trade digital collectibles. Our goal is to bring back the feeling of excitement of opening a physical pack at the same time as making it easier for creators to monetize their efforts. The most important thing we can do in our mission to make our platform as exciting as possible is offer a variety of packs that appeal to different players.

The IKONIC team has been hard at work drafting packs for release when we launch, but we’re not stopping there. We want to constantly be adding new packs, events, and rewards for people to enjoy. As IKONIC grows, these additions will become more frequent and more elaborate, affording creators an opportunity to drive engagement on the platform in ways that are meaningful to our gaming-passionate community.

On top of creating new packs, we have also designed a range of rewards that will allow us to give back and keep IKONIC fun for everyone. The first pillar is $IKONIC Token, which will have 3 functions: Buy, Sell, and Stake. These tokens will be used across multiple games on our platform as well as in an open market where trading can occur between individual users

As we mentioned in our previous blog post, NFTs are the next generation of blockchain-based digital goods. They’ve been a hot topic in the cryptosphere lately, with many projects claiming they will be “the NFT platform.” We won’t claim that, but we do think NFTs are a powerful tool for engagement and real-world utility.IKONIC is creating our own NFT-based ecosystem from scratch. As a user, you’ll be able to purchase and sell your favorite IKONIC Moments on our marketplace. As a publisher, you can take advantage of an exclusive channel for distributing your goods, which can also be sold by other users on the platform. This is just a taste of what we have planned!We’d love to tell you more about how we plan to use smart contract technology to drive engagement on the platform—but if we told you now, it wouldn’t be much fun! Stay tuned for future blog posts where we’ll be diving deeper into this.

The IKONIC NFT Marketplace will be an online marketplace for digital assets on the blockchain. Our marketplace will allow users to buy, sell, trade, and collect NFTs all in one place. We’re building a blockchain-based platform that works off of smart contract technology to provide cryptocollectibles that can be traded digitally.

The sublicensing rights we create will function similarly to those in the current property market. Unlike the way things work now, when you buy a piece of art you’re not actually buying the physical object itself. Instead, you’re paying for an assignment of rights from the artist who owns it to use or exhibit that piece however they see fit. You are then able to resell or sublicense those rights if you no longer want them. The same is true for IKONIC NFTs; you won’t be buying anything material, but rather a license granting you certain rights to display or use the work as you choose.

Blockchain brings with it an interesting way for users to create value for themselves. Through the ability to create sublicensing rights, each IKONIC token becomes a potential source of passive income. The core examples we’ll have at launch will be in the form of digital sticker albums, with stickers representing unique digital assets that can be sold. By playing games and completing objectives, users will earn stickers as rewards. These stickers could then be sold on a marketplace where an artist could sell their digital album, or to anyone who enjoys the look and feel of those stickers. A creator would therefore be able to make money off of their work while also retaining the original copyright.

In addition to our existing plan of creating stickers, there are new features that we’re adding due to the capabilities granted by smart contracts. One is the ability for creators to create limited edition items that can only be owned by certain users. While this is already possible with a traditional app store model, blockchain gives us a few additional tools for driving engagement that wouldn’t be available otherwise:

-Limited time gated access: A creator can set a limited period where users must complete a certain challenge before they unlock a special item

-Limited number ownership: A creator can

Although smart contract technology has been touted as the future of digital rights management, it has often been discussed in terms of its potential to create a market for physical goods. We see this as only one part of its potential: the other great opportunity lies in leveraging smart contracts to manage licenses and sublicensing rights for digital assets.

By creating an open-source platform that allows anyone to create NFTs and issue accesible, transferable sublicensing rights to them, we’re making it possible for creators and curators to ensure that others will be able to access their work authentically. The NFTs and the sublicensing rights may be purchased—and resold as many times as a user wishes—by others who want to be able to enjoy the creator’s content.

The reason that this is an important step forward is because it allows us to connect creators with the people who genuinely care about their work, rather than simply allowing third parties who have no connection with them (or any interest in nurturing such a connection) to profit from their labor. This is why we’re so excited about IKONIC: by using our platform, you can be confident that you are not buying counterfeit merchandise or someone else.

More Information
WEBSITE : https://www.ikonic.gg/
WHITEPAPER : https://global-uploads.webflow.com/615f264a1577bed3445ca158/623dbd2495e2c49f8aef3444_LitePaperIkonic.pdf
TWITCH :

MEDIUM : https://medium.com/ikonic-hq
TELEGRAM : https://t.me/ikonic_moment
DISCORD : https://discord.gg/FPckz79SUy
TWITTER : https://twitter.com/official_ikonic
YOUTUBE : https://www.youtube.com/channel/UCgq5Ws23RjNuUNc-Sth_gCQ

Author
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