KOR Protocol
Decentralized IP infrastructure for entertainment content monetization.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Early VC | |
| Total Funding | 000k | ||
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KOR Protocol is a decentralized intellectual property (IP) infrastructure that utilizes blockchain and AI to manage, protect, and monetize creative assets. The KOR Foundation, which acts as a steward for the protocol, launched the platform on May 7, 2024. The protocol was co-founded by Inder Phull, who serves as CEO, along with artists like deadmau5 and Richie Hawtin. Phull's journey into blockchain began in 2014, leading to the creation of Pixelynx in 2020, which evolved into KOR Protocol with backing from notable investors including Animoca Brands, Solana, and Niantic.
The business primarily serves IP holders, including independent artists, musicians, filmmakers, and game developers, by providing tools to tokenize their work, manage licensing, and automate royalty distribution. The platform operates on a business model that unlocks new revenue streams for creators through tokenized assets and interactive formats. Its ecosystem is powered by the native $KOR token, which is used for IP registration, governance, and staking. Clients and partners include well-known names such as Black Mirror, Beatport, and mau5trap, the record label of deadmau5.
KOR Protocol's core services revolve around its KOR DNA framework, which allows creators to encode, track, and manage their IP's usage and digital rights. Key features include an IP Vault for secure registration, a metadata standard for traceability, automated royalty distribution tools, and an AI engine for creating remixes and other user-generated content (UGC). One of the first applications built on the protocol is KORUS, a platform with over 250,000 registered users that enables the creation of songs and videos using licensed content from established artists. The protocol also provides a software development kit (SDK) to help developers integrate its tools into their own applications and platforms.
Keywords: intellectual property management, decentralized IP, blockchain technology, AI content creation, digital rights management, royalty distribution, content monetization, entertainment protocol, on-chain IP, creator economy, IP tokenization, user-generated content, music technology, digital assets, Web3 entertainment, transmedia, NFT licensing, KOR DNA, KORUS, Inder Phull