πAsset Ownership
Last updated
Last updated
As the tokens minted in the Evil Kongs ecosystem are not fungible, there is always an undisputed owner of each visual artwork. This means that objects in the digital collection can retain their financial value and that their intellectual property is also intrinsically valuable. Anyone can search for the owner of an Evil Kongs design, and there is no way to forge ownership on the network thanks to the project's use of blockchain technology.
Because these assets are tokenized, they are also incredibly easy to trade on secure decentralized platforms. Since these tokens are designed with a number of different attributes, the market for collecting and trading these assets will take on a life of its own through existing platforms such as OpenSea and Rarible.
Evil Kongs grants visual rights to the holders of each asset. This means that people who own pieces from the Evil Kongs collection have the ability to monetize the intellectual property they own. They can even create their own artwork and products based on their tokens. This arrangement serves network participants as an additional way to profit, even if they have no intention of selling or trading their avatars. In addition, these derivative creations serve as free advertising for the community as a whole, which means that everyone wins.