Tokenizing Movies on the Blockchain
Movie Copyright Licenses can be tokenized, fractionalized, and monetized using the HYFI Blockchain.
How do movies make money? Through copyright licenses.
A copyright license is a legal agreement that allows someone to use or monetize a copyrighted work in a specific way. If you are new to copyright, see this post: What is Copyright?
The copyright holder grants a license to the licensee to use the copyrighted work within the terms & conditions specified in the license.
Example: A movie-maker can license the right to show the movie in theaters, on TV, or online. He can also license the right to create merchandise or adaptations, such as toys, video games, theme park attractions, etc.
Each of these licenses can be sold or licensed separately, and different parties can hold the rights to each. This allows for a more efficient & flexible system for managing & monetizing the rights associated with a movie.
Here's a list of Copyright licenses that can be tokenized, fractionalized, and monetized using the HYFI Blockchain:
Adaptation Rights - This license allows for the production of a new work based on the original film, such as a stage play, musical, or book.
Advertising Rights - This license allows for the use of footage, images, and other elements from the film in advertising and promotional materials.
Audiobook Rights - This license allows for the creation of an audiobook version of the film's story or characters.
Augmented Reality Rights - This license allows for the creation of augmented reality experiences based on the film.
Collectible Rights - This license allows for the creation of collectibles or memorabilia such as action figures, statues, clothes, and other merchandise based on the film's story or characters.
Distribution Rights - This license allows a distributor to release & distribute the film in certain territories, or through certain mediums such as theaters, television, streaming platforms, etc.
Educational Rights - This license allows for the use of the film in educational settings such as schools, universities, and libraries for non-commercial purposes.
Embedded Rights - This license allows for monetization through HYFI-Sites.
Exhibition Rights - This license allows a theater or other venue to show the film to audiences.
Fan fiction Rights - This license allows for the creation of fan fiction stories or works based on the film's story or characters.
Game Rights - This license allows for the creation of video games & other interactive experiences based on the film.
Graphic Novel Rights - This license allows for the creation of graphic novels or comic books based on the film.
Internet Rights - This license allows for the distribution of the film on the Internet.
Live Rights - This license allows for the production of live stage shows, such as theater, musicals, or operas, based on the film.
Merchandising Rights - This license allows the use of a film's characters, imagery, and other elements in the creation of merchandise such as toys, clothing & other products.
Mobile Rights - This license allows for the distribution of the film on mobile devices such as smartphones and tablets.
Online Gaming Rights - This license allows for the creation of online games or massively multiplayer online games (MMOGs) based on the film's story or characters.
Podcast Rights - This license allows for the distribution of the film as a podcast or audio commentary.
Public Performance Rights - This license allows the film to be shown to the public in a non-theatrical setting such as educational institutions, museums, or libraries.
Remake Rights - This license allows for the production of a new film based on the original film's story or characters.
Reproduction Rights - This license allows for the copying and distribution of the film in various formats, such as DVD, Blu-ray, and digital downloads.
Sequel Rights - This license allows for the production of new films that continue the story of the original film.
Soundtrack Rights - This license allows for the release & distribution of the film's soundtrack on various platforms, including streaming services, physical media & online stores.
Streaming Rights - This license allows for the distribution of the film on streaming platforms.
Synchronization Rights - This license allows the use of a film's soundtrack in other media such as television, video games & advertisements.
Television Rights - This license allows for the distribution of the film on television networks and cable channels.
Theme park Rights - This license allows for the creation of theme park attractions based on the film's story or characters.
Translation Rights - This license allows for the translation of a film into different languages for distribution in other territories.
Virtual Reality Rights - This license allows for the creation of virtual reality experiences based on the film.
Virtual World Rights - This license allows for the creation of virtual worlds or online communities based on the film's story or characters.
VOD Rights - This license allows for the distribution of the film on Video on Demand platforms.