CZ and DragonVerse Explore On-Chain Cultural IP Opportunities in Abu Dhabi

BNB Chain supports DragonVerse’s blockchain-enabled IP initiatives, including a royalties-based buyback system and a forthcoming second Dragon Ball IP asset.

BNB

89d ago

Summary

At the Abu Dhabi BNB hackathon on Dec. 12, Binance founder CZ and DragonVerse founder Natsuki discussed expanding cultural and intellectual property assets on-chain. BNB Chain voiced support for DragonVerse, which has implemented a royalties-driven buyback system for its Dragon Ball IP asset. The company also announced plans to introduce a second Dragon Ball IP asset next week.

Terms & Concepts

On-chain: Refers to data or assets recorded directly onto a blockchain, ensuring transparency and immutability.
BNB Chain: A blockchain network developed by Binance, designed to support smart contracts and decentralized applications.
IP (Intellectual Property): Legal rights protecting creations of the mind, such as copyrights, trademarks, and designs.