The PROM ecosystem is officially teaming up with @Mintellect_AI.
Today, it is completely feasible to tokenize, license, and establish ownership over intellectual property and patents. However, the financial logistics of these transactions rarely flow with the same ease. In most cases, managing a license turns into a heavy administrative task where royalty payouts are calculated after the fact and revenue distributions must be reconciled manually.
Our collaboration provides a complete solution by addressing both sides of this equation. Mintellect AI oversees the initial phase, leveraging artificial intelligence to seamlessly migrate IP and patents onto the blockchain. Here at PROM, our team is constructing the financial infrastructure through automated splits and programmable payments. By combining our efforts, a license can automatically distribute funds based on its predefined conditions. This ensures that every authorized individual receives their exact share of the value effortlessly, completely eliminating the need for anyone to manage complicated spreadsheets.
We look forward to sharing more updates with you very soon.
Today, it is completely feasible to tokenize, license, and establish ownership over intellectual property and patents. However, the financial logistics of these transactions rarely flow with the same ease. In most cases, managing a license turns into a heavy administrative task where royalty payouts are calculated after the fact and revenue distributions must be reconciled manually.
Our collaboration provides a complete solution by addressing both sides of this equation. Mintellect AI oversees the initial phase, leveraging artificial intelligence to seamlessly migrate IP and patents onto the blockchain. Here at PROM, our team is constructing the financial infrastructure through automated splits and programmable payments. By combining our efforts, a license can automatically distribute funds based on its predefined conditions. This ensures that every authorized individual receives their exact share of the value effortlessly, completely eliminating the need for anyone to manage complicated spreadsheets.
We look forward to sharing more updates with you very soon.
