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Camp Foundation Launches Camp Network for IP Tokenization in AI Era

The new Layer-1 blockchain introduces the CAMP token to support intellectual property monetization, royalty automation, and governance aimed at fostering AI-driven innovation.

Summary

Camp Foundation has introduced the Camp Network, a Layer-1 blockchain designed to tokenize and monetize intellectual property in the context of artificial intelligence. The platform’s native CAMP token will enable IP tokenization, automate royalty distribution, and support ecosystem expansion. Additionally, the foundation plans to establish a governance model to guide network development and AI-related innovation.

Terms & Concepts
  • Layer-1 Blockchain: A base blockchain protocol that supports its own network and consensus mechanism without relying on another chain.
  • Tokenization: The process of converting rights to an asset, such as intellectual property, into a digital token on a blockchain.
  • Royalty Automation: The use of blockchain smart contracts to automatically distribute royalties to rights holders when intellectual property is monetized.