Mint your digital work as non-fungible and authenticated IP Files (IPFs)
Combine IPFs into Interchangeable collections called IP Sets
Utilize fungible & Programmable IP Tokens (IPTs) Pegged to an IP Set
Non-fungible tokens (NFTs) are used to represent an immutable record & proof of ownership of unique items such as digital art, real estate, and physical goods . InvArch builds on this technology in several key ways using a new & enhanced NFT class called Intellectual Property Files, also known as IP Files or IPFs. IP Files are non-fungible assets used to certify the existence & authenticity (compared to ownership) of a digital file, protect the uniqueness of an asset, and streamline its management rights.
NFT collections typically serve to categorize non-fungible assets together around a common theme & typically bind them to the collection forever. InvArch features a similar grouping system for IP Files; however, with more relaxed restrictions & expanded capabilities. InvArch features truly composable & interchangeable collections of IPFs called Intellectual Property Sets, which allow different IPFs (regardless of their original IP Set) to co-exist in the any IP Set, be utilized independently, and be assembled in various combinations to satisfy specific user requirements. Unrestricted file composability allows anyone using InvArch to take existing programs, modules, & data, and adapt or build on top of them.
InvArch institutes completely programmable fungible tokens that can be pegged to an IP Set called Intellectual Property Tokens, also known as IP Tokens or IPTs. Similar to ERC20 fungible tokens, IP Tokens have a property that makes each token exactly the same (in type and value). As a result, IP Sets can deploy IPTs in a very similar manner to how dApps utilize their utility tokens. IP Tokens realize an unrestricted possibility of use-cases such as assigning (exclusive or fractional) ownership rights, seamless royalty allocations, providing access rights & authorization tiers over data, deciding voting weight in a DAO or community governing IP, extending exclusive functionality, providing native currencies for IP-based dApps, & streamlining copyright licensing agreements.
These votes determine the distribution VARCH rewards among the owners of these IP Sets
VARCH holders who stake their token through InvArch can vote on verified IP Sets (projects) that they support.
40% of all network fees are dedicated towards rewarding IP Staking rewards.
Alternatively, holders who stake VARCH can divert some or all of their staking rewards towards an IP Set
Once an IP Set has reach its reward cap, the IP Set is then offboarded and IP Tokens are administered.
Fast, affordable, upgradeable with
Interoperable & secure with
No match means a «Verified» status will be sent back to the source of the IPF; otherwise, a «Warning» status. Then, the IPF will be updated accordingly
IP Modules integrate with other Parachains & expand IP functionality to their ecosystem.
The record is indexed and cross-referenced against all other IPFs, checking for any potential date matches.
When an IPF is minted anywhere across the Paraverse, a record is sent through the Polkadot relay and to the InvArch Parachain.
The key to governing, securing, and powering the InvArch protocol
20%Parachain Bonding Rewards
Funding Architecture Projects
Fueling Application Development
Launching Q2, 2022