Elacity-decentralized digital asset management.
Empowering digital ownership with AI.
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Introduction to Elacity
Elacity is a decentralized digital rights management (dDRM) platform designed to revolutionize digital asset management by addressing key issues such as transparency, scalability, and security. Elacity introduces 'Digital Capsules'—encrypted assets stored on decentralized networks. These Capsules, secured by blockchain technology, enable users to directly own, control, and monetize digital content like videos, music, documents, and software. The system operates without traditional intermediaries, allowing creators to directly engage with their audience, control distribution, and earn royalties in real-time. For example, a filmmaker can upload their work as a Digital Capsule, sell access via NFTs, and automatically receive payments whenever the content is purchased or rented【19†source】【20†source】.
Main Functions of Elacity
Decentralized Digital Rights Management (dDRM)
ExampleA musician encrypts their album into a Digital Capsule and sells access rights through NFTs. Fans can purchase these NFTs to unlock and stream the album.
ScenarioThis allows artists to manage their work without needing centralized platforms like Spotify, retaining more control over distribution and royalties【20†source】.
Tokenized Asset Ownership and Trade
ExampleAn author tokenizes their ebook as an NFT, allowing readers to buy, sell, or trade their copy on a secondary market, similar to how physical books are resold.
ScenarioUnlike traditional digital platforms where reselling digital assets is impossible, Elacity empowers users to trade digital content globally, enabling new revenue streams for creators【21†source】.
Automated Royalty Distribution
ExampleA filmmaker who releases their movie as a Digital Capsule can set up smart contracts that automatically distribute a portion of the sales to different stakeholders whenever the movie is sold.
ScenarioSmart contracts ensure that all contributors—such as producers, actors, or investors—receive their share of profits instantly, removing the need for manual royalty management【21†source】【20†source】.
Ideal Users of Elacity
Content Creators (Artists, Musicians, Filmmakers)
Elacity empowers creators by enabling them to directly control and monetize their content, without intermediaries. This is ideal for independent musicians, artists, and filmmakers who want to retain full control over their distribution, pricing, and royalties. With smart contracts automating payments, creators can explore new business models such as subscriptions, rentals, and pay-per-view【21†source】.
Tech-Savvy Consumers and Collectors
Elacity appeals to consumers who are comfortable with blockchain technology and NFTs, particularly those interested in owning, trading, and reselling digital content. This group benefits from being able to trade digital assets like ebooks, music, or even AI models on a decentralized marketplace【23†source】.
How to Use Elacity
1. Visit aichatonline.org for a free trial without login or ChatGPT Plus.
Begin your journey on Elacity by visiting the website aichatonline.org. You can access a free trial without the need for logging in or subscribing to ChatGPT Plus.
2. Connect Your Blockchain Wallet
Ensure you have a compatible blockchain wallet (like MetaMask) connected to Elacity. This wallet is your digital identity for interacting with the platform.
3. Browse Digital Capsules
Explore various digital assets like music, videos, documents, and software stored in secure, encrypted 'Digital Capsules'. Each asset is protected with access rights enforced by smart contracts.
4. Acquire Access Tokens
Purchase access tokens (ERC-1155) to gain rights to use, share, or trade digital capsules. These tokens define your usage rights, distribution rights, and royalties.
5. Engage and Trade
Engage in Elacity’s decentralized marketplace to buy, sell, or transfer your digital assets. Use the platform's tools to manage your assets and monetize them through various business models.
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Elacity Q&A
What is Elacity?
Elacity is a decentralized platform that revolutionizes digital asset management by introducing 'Digital Capsules' — encrypted content stored on decentralized networks. It enables creators to monetize their assets directly without intermediaries, ensuring security and transparency.
How do Digital Capsules work?
Digital Capsules are encrypted digital assets (e.g., videos, music, documents) stored on decentralized networks. Access is controlled by NFTs that represent rights like access, distribution, and royalties, ensuring secure and fair use of digital assets.
What is the Access Economy Protocol (AEP)?
AEP is Elacity's decentralized DRM system that automates license issuance and royalty payments. It utilizes smart contracts to manage digital assets, providing real-time payments and direct creator-consumer interactions, enhancing efficiency and security.
How can content creators benefit from Elacity?
Content creators enjoy full control over their digital assets, diverse monetization options (like subscriptions, one-time sales), and instant payments through decentralized wallets. The platform's tokenization system also creates new revenue opportunities.
What are Elacity's future expansion plans?
Elacity plans to expand its platform beyond video capsules to include various digital assets like music, ebooks, gaming, and software. It also aims to enhance its runtime environment for broader content types and integrate with Bitcoin Layer 2 for increased scalability.