UREEQA launches MVP for validating authenticity and copyright of NFTs

Published on: 04.07.2021

UREEQA launches MVP for validating authenticity and copyright of NFTs to protect Creators’ work, rights and revenue.

Those who participate as Creators as the platform launches as a minimum viable product (MVP) today will have their work automatically placed in UREEQA’s Daily Batch, where their work will be permanently time-stamped on the blockchain. The record will be hashed to the blockchain in a group, with other creative work, once daily, for free. We call this Level 1.

Full Validation (Level 2) is a more rigorous form of protection for creative work where, through individual staking claims, the user has their own dedicated hash on the blockchain. This allows users to post important information to the blockchain, like authorship details, artist residency, employment information and dates of creation.

About UREEQA

The UREEQA platform strives to protect Creators’ work, their rights and their revenue by harnessing the power of blockchain technology.

Established in Canada in 2020, UREEQA will modernize the inefficient and bureaucratic systems currently in place for copyright, patent, industrial design and trademark protection. By building a robust and compelling Package of Proof for source creative work, UREEQA only mints Validated NFTs to represent creative rights. This helps keep buyers safe by giving them confidence that the work they are purchasing was minted by the smart contract approved by the Creator of the work and is therefore authentic.

UREEQA provides value and opportunities for its Creators, Validators and Tokenholders via URQA, the token at the heart of the UREEQA ecosystem.

➡️Source:
https://ureeqa.medium.com/ureeqas-revolutionary-platform-is-open-to-the-public-d420daae44b8

Market Stats:
BTC Dominance: 60.04%(+0.59%/24h)
ETH Dominance: 12.35%(-0.43%/24h)
Defi Market Cap: $83.58B(-15.16%/24h)
Total Market Cap: $2997.71B(+2.41%/24h)
Total Trading Volume 24h: $206.22B(-12.97%/24h)
ETH Market Cap: $370.4B
Defi to ETH Ratio: 22.56%
Defi Dominance: 2.67%
Altcoin Market Cap: $1197.82B
Altcoin Volume 24h: $124.39B
Total Cryptocurrencies: 32221
Active Cryptocurrencies: 10063
Active Market Pairs: 89433
Active Exchanges: 760
Total Exchanges: 9578
BTC: 91079.19$(1.01%/1H)
ETH: 3075.74$(0.85%/1H)
AVAX: 32.77$(0.99%/1H)
BNB: 616.32$(0.55%/1H)
MATIC: 0.36$(1.89%/1H)
FTM: 0.71$(2.4%/1H)
ADA: 0.68$(1.39%/1H)
DOT: 5.08$(0.62%/1H)
UNI: 8.4$(1.45%/1H)
CAKE: 1.83$(1.04%/1H)
SUSHI: 0.74$(1.93%/1H)
ONE: 0.01$(2.46%/1H)