Creation and Management of Creative Content with Intelligent Tracking

Smart overview of the Invention

A comprehensive platform has been developed to facilitate the creation and distribution of creative content. This system utilizes a distributed ledger technology, commonly known as blockchain, to encode unique creative assets alongside the contracts of creators and shareholders. By enabling creators to manage projects, organize legal documents, and execute payments, the platform streamlines the entire production process from inception to completion.

Phases of Creative Project Management

The platform encompasses three key phases: pre-production, production, and post-production. During pre-production, creators outline their projects, arrange contracts, and secure necessary permits. Production involves the actual creation of the content, including negotiations for crew hiring and managing payments. Finally, post-production focuses on finalizing the creative product and executing any remaining financial agreements.

Creator Profiles and Project Collaboration

Creators can establish profiles showcasing their skills, experience, and past work. They can initiate or join projects by posting relevant information such as project descriptions, required skills, and associated media. The platform allows for easy searching and matching between project leads and potential collaborators based on location, skills, and other criteria to foster effective teamwork.

Financial Management and Investor Engagement

The system includes a digital wallet feature for creators to manage their earnings from projects. Payments can be made in various currencies or tokens, with all transactions recorded on the blockchain for transparency. Investors can also engage with projects by reviewing details and making investments, with terms securely encoded in digital contracts linked to each project.

Ensuring Ownership and Royalties

Ownership rights are meticulously tracked throughout the project's lifecycle using blockchain technology. This ensures that creators receive residuals from future sales or resales of their work. The decentralized nature of the ledger not only enhances security but also facilitates automatic payouts to participants based on their contributions, thereby promoting fair compensation for all involved in the creative process.