Introducing CREATE (the upcoming revolution)

Whether you are a creator, an artist-fan, an NFT collector, or just simply someone intrigued by the recent shifts in the decentralized blockchain universe, Create Protocol has some exciting news for you.

CREATE is a project that began in July 2020 in an effort to make artists and creators independent, and to enable them to earn and create value from their creations, with the freedom to create anything they want! Create is primarily focused around a solid creator community, and in helping them in creating content, getting funded to create the content, and interacting with the audience directly, and seamlessly. This helps the creators in managing everything on web3 space from a single place — the creator Dashboard.

As we get deeper into the creator ecosystem in the decentralized space, we can all agree that things are very aloof, and everything feels standalone, without integration. And not all of us know how to switch between 4 different exchanges to swap our tokens, to get that specific NFT we want on that specific platform on that specific blockchain.

Solving this, Create Protocol is the first-ever decentralized multi-chain creator platform designed to give the users (creators and fans) the freedom to buy, sell, interact and manage their creations efficiently across different chains, with support being added to new ones as we speak, smoothly and without much hassle.

Structured upon C2E, i.e Create to Earn Economy, we at Create aim to integrate NFTs further with existing and upcoming metaverse and blockchain The underlying idea is to connect artists to the world of blockchain using smart contracts-based licensing for royalty management.

Key Features of CREATE -

● Volition:

The traditional organizations exempt the artists from getting the profits and revenue they deserve by appropriating the profits and giving the creators a small cut of the actual earnings. To battle this, Create is being built as a blockchain-based decentralized platform that holds a single goal. To provide the artists and creators the value they deserve for their art. We do so by giving the power in the hands of the artists to decide the % distribution of revenues they earn, using blockchain-based smart contracts.

● Secure Network:

Create Protocol runs on blockchain technology which automatically defaults it into a very secure platform making all the ledger and contract details tamper-proof, transparent, and securely accessible to everyone on the Network.

● Minimal Service ( “ Gas ” ) Fees:

There are no hidden charges, and the service/operational fees have also been brought down to negligibly low compared to the service fees/commission fees charged over other platforms. And it can further be reduced if the person opts to make the transaction via our native CR8 tokens instead of other tokens.

● Complete Control of the Creation:

The Create platform enables the artist to define the percentage of royalties they wish to keep along with the distribution of the remaining part of the royalties going to fans, investors, and the community.

Our Create APIs enable developers and partners to build interactive products through access to the content catalog in a fair way creating additional revenue streams for creators.

● Financial Freedom:

With Create’s Defi solution, “Creator Defi” we aim to provide financial assistance and access to Defi products to the artists and creators based on their artwork and creations. Selling NFTs at an early stage can lead to the artist getting funding in return for the profits/royalties generated at a later stage. So, that the artists in need of money also get grants for crucial projects.

If some of this sounds a bit confusing, just know that you aren’t alone there and this article is aimed to be relevant both to folks who are new to the space, as well as those who already know about NFTs but want to better understand the nuances of their inner workings of the Create universe.

Non-Fungible Token (NFT) 101 -

Non-Fungible Tokens (NFTs) are unique, digital items with blockchain-managed ownership.

The ownership and validity of NFTs are irreplaceable and inimitable over the blockchain network. Thus they can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership. They can also be used to represent and trade digitized real-world assets such as real estate, fine art.

Create’s sights are set on a decentralized future where creators will actually want to encourage, engage, and boost their networks through custom CR8 tokens, while at the same time receiving the rewards of the first completely integrated CREATE Economy.

Is the geek in you is Interested to know how? then read on…

The Create Ecosystem -

Create is building and nurturing a huge community with the artists/creators at the core around which the ecosystem is built.

Creators have the opportunity to monetize their work using the NFT technology, which includes built-in royalties that pave the way to a more financially rewarding market than most are used to. In addition to the convenience offered by digitization, creators are more likely to be able to turn their work into a viable business.

Here’s how it’s all set to work, with CREATE:

• Artists collaborate with other artists to build artworks, secure their remuneration allocation using smart contracts, and upload them on the marketplace.
• They can interact with their fans by uploading their artwork, collection, branded goodies, albums on the Create and Mercado NFT Marketplaces and earn in cryptocurrency from it.
• Fans can further sell their artwork in the secondary marketplace to earn profit and thus build the value of the artwork and the artist further. Every time the art gets resold in the market, the artist will get a certain percentage of the value as royalty, which will be predefined in the smart contracts.
• Artists, in order to create the artwork, would require heavy investments. Here comes the role of DeFi and Foundation which will fund the artist to build artwork. ‘creator.defi’ is the DeFi solution of Create which will provide Artists opportunities to utilize financial assistance from the community.

And there you have it! Intimidating at first but once you get the hang of it you’ll be cruising the dapp layer in no time.

Stay tuned for future posts and articles to know more about CREATE PROTOCOL and how it’s revolutionizing the NFT space whilst keeping the artist at its core.