Ink is a decentralized platform that brings together Consortium Blockchain, Public Blockchain, and Cross-chain Interoperability to support the global Creative Industry.

Ink aims to deliver a Sovereign Consortium Blockchain for multiple use cases-reshaping the industry’s roles, content, and behaviors-while establishing decentralized infrastructure where many applications can be built and connected within a single, tightly integrated system.

Using a credible, stable public blockchain as the foundation, Ink creates an Intellectual Property Asset Exchange that acts as a trusted pathway for converting content into liquid assets and issuing tokens, forming an integrated ecosystem.

In addition, Ink’s cross-chain protocol is designed to allow value and information to move freely between the public blockchain and the consortium blockchain.

Ink has issued INK tokens according to the QRC-20 standard on the Qtum Blockchain. INK functions as a utility token. As an economic medium, INK is intended for many scenarios, including economic activities across the Creative Industry, key applications, and services in the Ink ecosystem such as IP registration & verification and the IP Asset Exchange.

The platform encourages constructive ecosystem participation by rewarding tokens for activities like content creation, commenting, reposting, and exchanging flows, among others.

In a future content consumption model, IPs will primarily mint their own IP tokens using INK. After successful issuance, the system will retain only a small portion as commission, and then destroy the tokens obtained from the proceeds. In effect, Ink collects a fee for using the system and then routes the benefits back to INK holders.