February 02, 2022 - 3 min read
SupraOracles is excited to partner with DEIP, the first web3 application-specific protocol for tokenization and governance of high-value intangible assets. DEIP is working on the creative economy and developing the most sophisticated decentralized protocol for it. DEIP aspires to establish it as a core infrastructure for realizing the full potential of creators all across the world.
DEIP’s technology aims to bring the global creative economy into the web3 age by providing financial tools, royalty schemes, lending collateral, fractionalization, and other services for any intellectual property without the need for centralized intervention. DEIP is also a blockchain-agnostic solution that works with substrate-based blockchains like Polkadot, Kusama, Near, Octopus, and others. It also contains a modular open-source constructor for developing dApps on top of the DEIP Network, as well as a “WordPress for web3” to augment the protocol’s adoption plan.
The DEIP creator economy protocol allows intangible assets to be discovered, evaluated, licensed, and traded. It was created with intangible asset tokenization (F-NFT), governance (through DAO), and liquidity in mind (via DeFi instruments and derivatives). The DEIP Chain is a sovereign substate-based chain with advanced interchain interoperability enabled by the NEAR and Octopus Network combo. DEIP will be an Octopus Network app-chain, allowing for full integration with the whole NEAR ecosystem.
SupraOracles can be deployed as a separate module in the constructor to enable external data feed, and the DEIP Constructor will assist with Web3 adoption and domain-specific portal work-out as a result of this relationship.
Alex Shkor, CEO and Co-founder of DEIP, commented:
“We, along with our stakeholders, are looking for the very best when it comes to supporting our key infrastructure needs as the first web3 application-specific protocol for tokenization and governance of high-value intangible assets. SupraOracles’ solutions, we feel, match our requirements for rapid, secure, and dependable data feeds, as well as an understanding of the challenges of reporting in compliance and regulated environments. We are excited to collaborate with SupraOracles.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“We aim to improve the planet in a real and tangible way. That aim, as basic as it appears, has several levels of intricacy. Working with the DEIP team simplifies this process for us, allowing us to focus on keeping on the cutting edge of innovation while also assisting them in the development of a creator economic protocol.”
SupraOracles bridges the gap between traditional financial markets and the web3 world. Their goal is to empower the developer community by offering a robust cross-chain oracle. SupraOracles connects real-world data to public and private chains, empowering interoperable smart contracts that secure financial markets’ future. It also provides developers with a toolkit for developing, deploying, and managing data applications with greater performance, agility, and robustness.
The DEIP Creator Economy Protocol is the first web3 protocol for high-value asset tokenization and governance. The DEIP Constructor is an open-source constructor that allows you to create (no-code or low-code) web3 apps using the DEIP Protocol.
DEIP is a deep tech business that is reinventing how intangibles are assessed. DEIP has developed a unique technology for this purpose: a mechanism for obtaining expert consensus on the quality of intangible assets and formalizing this knowledge into quantitative indicators. These metrics give a precise assessment of any intangible asset’s quality and potential (like patents, research, movie scripts, human capital, etc.).
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