UREEQAPrice

(URQA)

UREEQA is a Web3 project and blockchain platform designed to help creators protect, manage, and monetize their creative work. Founded in 2020, the platform focuses on solving issues related to copyright, patent, and trademark protection by providing a digital alternative to traditional, slower bureaucratic systems. It primarily serves musicians, digital artists, and other content creators who want to establish a secure record of ownership for their intellectual property. The core technology behind the project involves creating what the platform calls a Package of Proof. This is a comprehensive digital record that validates the authenticity, ownership, and authorship of a specific piece of content. Once a work is validated through this process, the platform can mint what it describes as a Validated NFT. Unlike standard NFTs, these are backed by a verification process intended to give buyers and creators confidence that the digital asset is authentic and that the rights holder has been formally vetted. The project utilizes a native utility token called URQA. This token is built on the Ethereum blockchain as an ERC-20 token and serves as the primary currency within the UREEQA ecosystem. It is used to pay for services on the platform, such as the validation process, and to reward the network of professionals who act as validators. These validators are responsible for reviewing submissions and ensuring the original work meets the necessary criteria for protection. Token holders may also participate in staking programs or use the tokens to access specific features within the marketplace. Key features of the ecosystem include a decentralized marketplace for buying and selling protected works and a system for managing royalties. The project has established various partnerships with music industry firms and decentralized storage providers to enhance its infrastructure and offer more robust services to artists. For example, its music publishing administration services allow songwriters to manage their rights and collect royalties through blockchain-based systems. By using an immutable ledger, UREEQA aims to provide a transparent and tamper-proof record of ownership that is accessible globally. This approach is intended to reduce piracy and unauthorized use of creative content while streamlining the way artists interact with their audience and manage their business affairs. The project continues to expand its validation services and explore new ways to integrate intellectual property protection with emerging blockchain technologies. Learn more

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