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ChainIP Launchpad

SolidityNext.js

ChainIP is a decentralized IP launchpad that connects innovators with investors. Backers receive profit-sharing rights from patent licensing, while creators get funding for their IP development. Smart contracts ensure transparent and automated profit distribution.

Screenshots

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Problem Statement

ChainIP is a revolutionary decentralized IP launchpad built on blockchain technology, designed to transform how intellectual property is funded and commercialized. Our platform creates a direct bridge between innovative creators and forward-thinking investors, with fully automated on-chain licensing and profit distribution.Key Features: • Automated On-Chain Licensing: Smart contracts automatically handle IP licensing requests and payments without intermediaries • Instant Profit Distribution: Real-time distribution of licensing revenues to stakeholders through self-executing smart contracts • Patent Portfolio Access: Investors gain early access to groundbreaking technologies across multiple sectors • Verified Innovation: Each project undergoes thorough validation before launching on our platform • Dynamic Pricing Model: AI-driven price estimation for IP licensing based on market dynamics • Blockchain Attestation: Immutable record of IP usage rights and profit distribution agreementsAI-Powered Assistant: Our integrated AI assistant analyzes patent projects using advanced algorithms to:Evaluate market potential and innovation levelGenerate fair and dynamic licensing pricesAssess project complexity and application scopeCompare with industry standards and similar patentsProvide real-time market insights and valuationsFor Creators:Access to a global pool of investorsAutomated licensing revenue distributionZero manual intervention needed for IP commercializationRetain control while sharing success with supportersAI-guided pricing recommendationsFor Investors:Instant profit sharing through smart contractsAutomated licensing revenue collectionReal-time tracking of IP usage and returnsDiversified portfolio of technological innovationsData-driven investment decisions through AI insightsThe Power of Automation: • Licensing Requests: Instantly processed and verified on-chain • Payment Distribution: Automatic splitting of revenues based on contribution • Smart Contract Security: Tamper-proof execution of all transactions • Real-Time Settlements: No delays in profit distribution • Full Transparency: All transactions and distributions recorded on blockchainChainIP represents the future of IP commercialization, where blockchain automation eliminates traditional barriers and intermediaries. Our platform makes patent development and licensing truly trustless, efficient, and profitable for all participants through the seamless integration of smart contracts, AI, and blockchain technology.

Solution

How It's MadeChainIP leverages SignProtocol's SchemaHooks to create a fully automated IP licensing and profit distribution platform on the blockchain.Technical Stack:Smart Contracts: • Solidity 0.8.26 • SignProtocol's SchemaHooks • OpenZeppelin contractsKey Components:Automated Licensing System:SchemaHooks handle license verification and issuanceSmart contracts automatically process licensing requestsReal-time validation of licensing rightsProfit Distribution:ProfitDistributionManager contract with receive() functionAutomatic ETH distribution to stakeholdersGas-optimized batch processing for multiple recipientsOn-Chain Project Management:Immutable project recordsAutomated stakeholder managementTransparent funding trackingIntegration Highlights: • SchemaHooks for automated verification and distribution • Web3 wallet integration for seamless transactions • Event tracking for real-time updatesFrontend Integration: • ethers.js for blockchain interactions • Next.js for modern web interface • Real-time blockchain state updatesDevelopment Challenges: • Optimized gas consumption for profit distribution • Seamless integration of SchemaHooks with licensing system • Real-time transaction validation and processing

Hackathon

ETHGlobal Bangkok

2024

Contributors