John Sloatman, the esteemed Chief Technology Officer of OpenChord.io, made a momentous declaration. The organization has embarked upon a groundbreaking initiative to establish the inaugural Web3 Publishing Service within the blockchain. Mr. Sloatman is a veritable titan of the music industry, possessing a wealth of erudition and experience spanning more than five decades. Moreover, since the dawn of the dot-com era, he has been a prolific developer, having conceived and crafted the pioneering fee-based photo data system that revolutionized the casting process by interlinking SAG franchised agents, casting directors, breakdowns, and actors, thereby transforming a cumbersome paper-based process into a streamlined and efficient digital solution.
OpenChord.io is a visionary organization that presents a multifaceted array of cutting-edge technologies and services specifically tailored to optimize and augment music production, promotion, and distribution processes. These technologies encompass the minting of digital assets on the blockchain, facilitated music business communications through VoIP and WebRTC, and comprehensive marketing and analytics solutions. By providing musicians and vendors with these invaluable resources, OpenChord.io empowers them to create, produce, mint, and promote their music with enhanced efficiency, thereby facilitating global accessibility and maximizing their creative potential.
OpenChord.io’s Web3 Publishing Service is a game-changing initiative that has the potential to revolutionize the music industry. By leveraging the power of blockchain technology, musicians can now mint their music as non-fungible tokens (NFTs), ensuring the authenticity, scarcity, and traceability of their work. This opens up new possibilities for monetization and distribution, allowing musicians to connect directly with their fans and bypass traditional intermediaries.
In addition to minting NFTs, OpenChord.io’s Web3 Publishing Service also provides musicians with access to a suite of tools and services that streamline the music production and promotion process. These include VoIP and WebRTC-based communication tools that facilitate seamless collaboration between musicians, producers, and engineers, regardless of their geographic location. OpenChord.io also offers comprehensive marketing and analytics solutions that enable musicians to track their performance, reach new audiences, and optimize their marketing campaigns.
LigitPro.com Inc. is pleased to announce the launch of its groundbreaking Web3 application, LigitME, a pioneering platform that leverages Non-Fungible Tokens (NFTs) as an authentication service, securing the registration of Intellectual Property (IP) rights.
LigitME provides a secure and immutable solution for safeguarding a wide range of IP assets, including copyrights, trademarks, scripts, inventions, stage plays, novels, books, short stories, poems, commercials, lyrics, drawings, sheet music, music, videos, photographs, and various media works such as web series, source code, and other digital content.
At the heart of LigitME is the fundamental concept of a locked Non-Fungible Token (NFT). An NFT symbolizes a singular and unalterable digital asset, encapsulating attributes, a ledger, and smart contracts within a unit of data. The term “BLOCKCHAIN” signifies a decentralized and distributed ledger system, involving numerous computers engaged in mining tokens on a global scale. This decentralized nature endows Digital Assets with enhanced security and resilience, safeguarding them against potential data loss or theft.
The locked content Digital Asset ensures security and privacy, as it remains inaccessible to the public unless unlocked by the owner or listed in the LigitPro search engine. LigitPro.com Inc. stands as the pioneering organization to utilize the Polygon (L2) Blockchain for creating NFTs dedicated to this purpose. The locked NFT safeguards the data it holds, presenting a superior alternative to centralized sources like the Writer Guild of America (WGA). Unlike the WGA, which hosts and controls data for a limited duration of five years, LigitME-registered NFTs are perpetual and require no renewal fees. Moreover, the locked NFT content is transferable and trackable, offering a highly advantageous situation for registered owners.
As an integral part of the registration process, LigitPro.com provides clients with a robust takedown service, safeguarding against copyright and trademark infringements. Copyright and trademark infringement are estimated to constitute a multi-billion-dollar industry. Since 2021, LigitPro has successfully removed 16,344 illegally sold items from the internet, representing an estimated recovery value of 22.8 million dollars. This initiative significantly enhances artists’ revenues and preserves their branding.
John K Sloatman III
LigitPRO.com, Inc.
CEO / Co-Founder
1000 Brickell Ave., Suite 715
Miami, FL 33131
1(213) 650-6116
jay@ligitpro.com