LEVOGLOBAL – Protects the Rights and Generates Revenue via Blockchain By CoinQuora
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LEVOGLOBAL – Protects the Rights and Generates Revenue via BlockchainLEVOIST can advertise on WEXTOWN before and after the song’s release through different activities. Content IP has become more significant globally with the advent of the fourth industrial revolution.
LEVOGLOBAL ensures that the intellectual property rights are protected by worldwide investors and supporters who help create new assets, which can then be traded using distributed ledger technology.
It plans to make the sharing platform available to more sectors, such as K drama and film rights. The organization has verified the data of fans worldwide and investors via various projects.
In addition, on October 18, 2021, Rogers (NYSE:) Holdings Chairman Jim Rogers and Levoist Chairman Kim Jong-hoon, and Levoist CEO Byeong-hoon Oh had conversations about Levoist’s contents business for 1 hour and 30 minutes, and Chairman Jim Rogers showed great interest in Levoist’s IP sharing business.
LEVOIST TOKEN LVI Allocation
- Token: LEVOIST
- Symbol:LVI
- ERC20 Token Platform
- 2,000,000,000 LVI Token Cap
When you apply NFT for work, you have control over the ownership and transaction history. NFT is a certification. Because blockchain technology is used, it is difficult to find fakes or counterfeit goods, and the owner’s right is guaranteed.
This technological feature allows the WeX project’s sound source to be revealed on the blockchain, exchanging partial ownership.
WeX generates the data blocks necessary for NFT development such as transaction information from sound sources and participant transactions.
Dapps built with Ethereum can reap the rewards of cryptocurrency and blockchain technology. Ethereum is a decentralized platform that does exactly what it was designed. Manage digital assets, and create new financial apps. It is possible for the financial application to be decentralized. This means no single person or organisation can control it.
Ethereum can be programmed, so developers are able to create new apps. The blockchain stores the hash value and creation time of each sound source material and transaction history data, decreasing the blockchain’s data size and increasing processing speed.
Organization Structure
In the case of Related Rights, the right to sound source income is guaranteed for 70 years after publication, and in the case of Copyright, for 70 years after the author’s death. Music income is also generated from sites like YouTube and concerts.
Exports of Hallyu (Korean Wave music) dominated the total volume exports by 11.9 per cent. These are the top-selling Hallyu products worldwide.
K-Pop holds a market share greater than 55% in Asia, Americas, and 30%-40% in Europe and Middle East. This is among the highest-performing genres. Related Rights trading could be beneficial to Revoist’s subsidiary exchange
The Advantages
- Individual sales support for Related Rights and Copyright
- K-pop lovers around the globe:
- Art co-ownership, prize sharing (sound source of revenue)
- Jointly owns the artist’s sound source rights (performance right).
To put it another way, it allows fans to jointly own and profit from a freshly released sound source that is the artist’s emblem.
Revenue
It is more difficult for smaller agencies to raise money to produce new music by their artists. Lenders and distributors are the most common sound source, which can increase future costs.
LEVOIST can ease this financial burden by paying 100% for production of new sound source recordings (WEXTOWN).
LVI Token holders get these benefits when they purchase IP rights via the LEVOIST platform (WEXTOWN).
- Only LVI Tokens can be bought during any pre-opening period.
- LVI Tokens can be used to purchase intellectual property outside of the pre-opening period. This gives you an additional discount
- You can also enjoy other benefits like the Goods
- Provide restricted goods such as artist’s signature while utilizing the LEVOIST platform (WEXTOWN) using LVI Token
- Priority is given to concerts and fan events.
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