News

KOR Protocol Taps Top Artists as Advisors to Transform IP Management

KOR Protocol adds renowned artists Imogen Heap, Disclosure, and Dixon as advisors to reshape IP management in the web3 space, enhancing monetization and engagement for creators worldwide.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

KOR Protocol Taps Top Artists for Telegram Game

KOR Protocol is shaking up how intellectual property (IP) is managed, distributed, and monetized for creators worldwide. Bringing together renowned electronic music artists Disclosure, Dixon, and Grammy-winner Imogen Heap, KOR Protocol has enlisted these figures alongside existing advisors deadmau5 and Richie Hawtin to guide its mission to create fairer and more collaborative digital ecosystems for artists, musicians, filmmakers, and developers.

KOR Protocol Founder NFTs to Offer Exclusive VIP Experiences

 KOR Protocol Logo

About KOR Protocol

The protocol aims to address long-standing issues in the creative industries around IP rights, licensing, and royalties. Despite the global recorded music industry reaching $28.6 billion in revenue in 2023, driven by online streaming services, only a small percentage of independent artists can rely solely on music income.

A 2023 survey by Xposure Music reported that only 11% of independent artists achieve financial sustainability solely through music, as streaming platforms often pay low rates, with artists receiving as little as $0.004 to $0.008 per stream. Additionally, revenue is split between streaming platforms and record labels, resulting in limited earnings for creators.

KOR Protocol is tackling this imbalance by leveraging blockchain technology and AI-powered tools that allow artists to protect, monetize, and directly distribute their work to fans without intermediaries. This platform offers creators a new infrastructure where they can develop interactive experiences and unique products to engage global fan communities, marking a significant shift from traditional IP management.

KOR Protocol Launches New Music Game on Telegram

KOR Protocol New Music Game 

Advisors to Shape Development

Imogen Heap, a respected voice in music innovation, has long advocated for transparent and fair music ecosystems. She envisions a decentralized database where songs function as services, providing direct access to relevant IP details. Heap’s contributions to KOR Protocol align with her initiatives like Creative Passport, a digital ID system for music professionals, which aims to create sustainable revenue opportunities for artists. Through KOR Protocol, Heap supports building an artist-centric ecosystem where IP ownership is clear and where artists can achieve equitable compensation.

Electronic music producers deadmau5 and Richie Hawtin bring extensive experience in blending music, technology, and digital IP to the table. Their advisory roles at KOR Protocol will focus on innovative content creation and enhancing fan engagement through blockchain-based frameworks, enabling artists to explore new digital revenue streams in a landscape where creative ownership is more transparent and collaborative.

Adding to KOR Protocol’s forward-looking advisory team, the duo Disclosure brings expertise rooted in remix culture and collaborative production. Disclosure’s influence will support KOR’s mission of developing an environment where artists can remix and co-create without conventional restrictions, contributing to a more open, community-driven creative model. Dixon, renowned for his immersive Transmoderna experiences, will advise on merging electronic music with multimedia, emphasizing interactive fan experiences that push the boundaries of traditional live performance.

KOR Protocol Taps Top Artists for Telegram Game

KOR Protocol Advisors

Expertise to Guide Growth

To further strengthen its mission, KOR Protocol has partnered with Ben Turner, co-founder of the International Music Summit and the Association for Electronic Music, and Dean Wilson, CEO of Seven20 and manager of Deadmau5. Their backgrounds in music and entertainment will support KOR’s development as a robust IP management platform. By combining insights from top-tier artists and industry leaders, KOR Protocol aims to provide tools and support for creators to achieve sustainable careers through the emerging capabilities of web3.

Pixelynx, the protocol’s original developer, was acquired by Animoca Brands, an established name in web3 technology and entertainment. With this acquisition, KOR Protocol gains significant expertise in decentralized gaming and content creation, aligning with its mission to redefine how IP is handled across industries. The protocol provides capabilities such as IP registration, licensing, and royalty tracking, alongside decentralized content creation tools, allowing artists and developers to work more collaboratively.

KOR Protocol Partners with bitsCrunch for IP Protection

KOR Protocol Slogan

Final Thoughts

Under the guidance of these prominent advisors, KOR Protocol seeks to create an inclusive, fair platform that meets the diverse needs of artists, whether musicians, filmmakers, or digital creators. The combination of KOR’s unique infrastructure and the industry insights of its advisory board signals a commitment to empower creators with tools to maintain control over their work and connect directly with their audiences.

Source: GamesBeat


Press Release

updated:

November 1st 2024

posted:

October 31st 2024

Related News

View All
KOR Protocol Empowers Game Devs to Integrate Licensed Music and IP

4 months ago

4 min read

KOR Protocol Empowers Game Devs to Integrate Licensed Music and IP

KOR Protocol, backed by Animoca Brands, launches KOR Player, enabling developers to access IP-based digital merchandise and licensed music via an AI music engine.

KOR Protocol Founder NFTs to Offer Exclusive VIP Experiences

3 months ago

3 min read

KOR Protocol Founder NFTs to Offer Exclusive VIP Experiences

KOR Protocol’s Founder’s NFTs offer VIP experiences and early access to tools. Backed by Animoca Brands and co-founded by deadmau5, KOR Protocol aims to empower creators.

KOR Protocol Launches New Music Game on Telegram

3 months ago

5 min read

KOR Protocol Launches New Music Game on Telegram

KOR Protocol unveils 'ENKOR: Tap to the Beat,' an interactive music rhythm game on Telegram, featuring collaborations with top music labels and web3 IPs.

Leaderboard

View All

Streaming