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Showing posts from April, 2022

DEIP-What problem are you solving?

  What problem are you solving? Alexey Kulik, Chief Architect DEIP We are having problem of low liquidity of tangible assets. Why is this problem? That because by nature intangible assets are very difficult to evaluate and assess which means that we can't know their real market value. And this leads to thousands of such inventions and assets sitting in the companies without being utilized. We are building infrastructure which will allow to quickly evaluate such assets quickly exchange them without any intermediaries and also govern the process of these assets creation. ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ๐Ÿ”œ  https://www.youtube.com/watch?v=eZaghxInujM (Oct 14, 2021) What is the size of your market? How does it change? The size of the market of creator economy or creative industry globally is already more than 2 trillion dollars and the growth is still accelerating. You can see it from outside perspective it's really easy to notice that now anyone can become a creator. The barrier is les...

DEIP - How DEIP will change everything?

How DEIP will change everything? What is Web3? Development of Web3 and creator economy? What makes the DEIP token valuable? Why DEIP chose NEAR as a relay chain infrastruture provider? Why DEIP chose OCTOPUS as a relay chain infrastruture? 1. How DEIP will change everything? I think that the biggest change we are aiming for is to change the whole economy from value capture to value creation. Right now, the most rewarding financial activity in the economy is capturing value and not the creation of value. Basically, when you have a big company and you can already attract creators like musicians, for example, and sell their work, you can capture a significant part of the profits. Creators receive just a fraction of it. When we change the whole economy, to steer it to value creation and not value capture, creating value will be rewarded the most both financially and reputationally. 2. What makes DEIP such a great project? Of course, it's the team. We have a really brilliant team...