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Blockchain technology makes Priceless Art thanks to Ascribe.

Priceless Art thanks to Ascribe and Blockchain technology

So we’ve touched upon this new and strange idea about dig­i­tal scarci­ty in the past with a com­pa­ny called Neon­mob. It turns out anoth­er com­pa­ny, a recent­ly fund­ed start-up called Ascribe allows writ­ers and artists to make unique copies of their work that can be bought and sold. The con­cept is it can­not be dupli­cat­ed because of blockchain tech­nol­o­gy. Bruce Pon, Trent McConaghy, and Masha McConaghy have a his­to­ry in bank­ing, hard­ware, and cura­tion and have found­ed this com­pa­ny which has recent­ly raised $2 mil­lion in seed from Early­bird Ven­ture Cap­i­tal, Free­lands Ven­tures, Dig­i­tal Cur­ren­cy Group, and var­i­ous angels. Giv­en the impor­tance of IP and dig­i­tal per­ma­nence Ascribe seems like a fas­ci­nat­ing idea. The com­pa­ny stakes itself as a “notary and time­stamp for intel­lec­tu­al prop­er­ty and cre­ative works.” Which basi­cal­ly means if you claim it as an orig­i­nal and upload into the soft­ware, then it is. You can even down­load a cer­tifi­cate of authen­tic­i­ty, with it you can track where on the inter­net that image is trav­el­ing. You can loan it out to peo­ple or even trans­fer it to anoth­er user. You could even make anoth­er copy your­self and send it about, but Ascribe would know about it. Using blockchain…

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