Munich, Germany - 24 September 2024 – bitsCrunch, a pioneering force in blockchain analytics, has announced a strategic partnership with KOR Protocol, a decentralized platform designed to protect and enhance intellectual property (IP) rights. This collaboration aims to deliver an enhanced level of security, transparency, and efficiency in managing IP, tracking usage, royalties, and fraud prevention.
KOR Protocol’s cutting-edge technology provides creators and IP owners with a comprehensive set of tools for asset registration, licensing, royalty distribution, and fraud prevention. By partnering with bitsCrunch, KOR Protocol will leverage advanced AI-powered forensics and data analytics to safeguard intellectual property, ensuring that high-profile IPs building on KOR Protocol such as Black Mirror: Smile Club, mau5trap and many more can thrive in the digital age.
Through bitsCrunch’s advanced AI-powered data forensics, this partnership will provide cutting-edge fraud detection and prevention, safeguarding valuable IP against manipulation and counterfeit activity. Both platforms will collaborate to develop a transparent and efficient royalty tracking system, ensuring that creators and IP owners receive fair compensation. The integration of bitsCrunch's data-driven insights will allow the KOR ecosystem to better track the lifecycle of digital assets across multiple chains, from creation to monetization.
KOR Protocol is committed to empowering creators with decentralized tools that enhance transparency and value. The integration of bitsCrunch will further elevate the protection and monetization of IP, building trust and innovation within the NFT space. The partnership will roll out in phases, with the first initiatives focusing on improving security and transparency for creators within the KOR ecosystem. As both companies expand their collaboration, additional features will be introduced to ensure a seamless and secure environment for all stakeholders.
The announcement follows bitsCrunch’s recent expansion beyond its renowned NFT indexing solution, extending its AI-powered data analytics capabilities to regulators, CEXs, gaming developers, DeFi participants and more. By broadening its scope beyond NFT indexing, bitsCrunch aims to address various data analytics, security, and validation needs across different blockchain applications, positioning itself as a comprehensive solution provider for the entire Web3 industry. bitsCrunch’s data marketplace can reduce operational costs related to infrastructure by up to 90%, with flexible pricing options ensuring users only pay for what they use, enhancing cost efficiency.
Vijay Pravin, Founder & CEO of bitsCrunch, said:
“Our mission has always been to provide cutting-edge insights and security in the NFT space. By partnering with KOR Protocol, we can enhance our tools with real-world application in IP protection and empower creators and investors alike.”
Inder Phull, CEO of KOR Protocol, said:
“This partnership represents a major leap forward for IPs to scale and stay protected on the blockchain. With bitsCrunch, we are not only ensuring that creators can protect their content but also that they can track and monetize their assets securely and transparently.”
To learn more about bitsCrunch, visit the official website here. To stay up to date on the latest bitsCrunch developments, updates and exclusive content, join the official Telegram channel: https://t.me/bitsCrunch.
About bitsCrunch
bitsCrunch is a leading global data analytics and forensics company specializing in multi-chain insights and digital assets. Its AI-powered forensics solutions protect and provide transparency for retail, institutional, and venture investors, ensuring secure transactions and accurate data insights in the growing digital asset space.
About KOR Protocol
KOR Protocol is a decentralized protocol designed to manage and protect intellectual property in the digital age. By offering a suite of tools for asset registration, licensing, royalty management, and fraud prevention, KOR empowers creators to monetize and protect their IP across multiple platforms.