Decentralized Intellectual Property (D-IP)
Last updated
Last updated
Rora is the commodified version of an intellectual property / NFT inspired ecosystem. Making Rora Realm the first “Create to Earn / Shill to Earn ” culture token based ecosystem of its kind. Where else is the whole “Intellectual Property” conversation relevant in “Web3”?
In NFT’s.
Creating an ecosystem like this makes the “idea” of Rora, into more than just a token or an NFT. The glaring issue with NFT’s is that they are illiquid, sure you may own the intellectual property of it, but once you own it, the rest of the experience for most is just flexing that you own it and getting into special clubs, events, and gaining early access every now and then.
Usually, these "utilities" are built around you spending more money. Then once you reap the rewards of this utility, by selling the NFT, you're no longer "in the club".
The glaring issue around Liquid Tokens is that even though they are liquid, they usually have no culture aside from wanting the price to pump and talking about "what's next".
Very few people in these communities actually contribute anything meaningful towards the project, it's usually just a core team of people being either praised or harassed and a bunch of speculators screaming "Dev is based!" or "Dev please do something!".
Aside from occasional “utility”, there isn’t much else to drive hype/talk about aside from farming for more tokens or speculating on future price based on what the project delivers.
Rora marries the concepts of a “Liquid token” and an “NFT” in a way where it’s actually being put to work.
Shill 2 Earn: Shillers can act as hype men/women for the ecosystem and be compensated for doing so. Despite what most people think, shillers and marketing are an essential part of building an IP. This is why oftentimes "Meme tokens" outperform "Fundamental" tokens.
No one cares about your creation unless they've heard about it.
Take SHIB for example, people label it a meme token, because for most of its existence the only utility SHIB had was its name. Yet people were foolish enough to say it didn't have utility, because they couldn't believe their "big-brain devs" were being outmatched by a dog meme. When the entire time, it's been a billion-dollar brand...
Create 2 Earn: The team has created visuals, lore, and content and will continue to create these things to serve as an aesthetic and foundational guideline for the creative side of the project.
Create 2 Earn is about creating a collaborative community in a way that has not been seen before. The team creates the foundation but we encourage the community to run wild with it! Most of the content we create as a team has taken inspiration from interactive performance art. A lot of it is inspired by the events and experiences that occur both in the public eye and behind the scenes of running the project, created in a way that will be entertaining for people to indulge in.
On an ecosystem level, Creatives can just create, build a portfolio, gain an audience, help build the D-IP of Rora and earn Rora tokens for doing so. This can be done in the form of art, graphics, memes, lore writing, animations, music, installations, and more! We urge creatives to sell their creations as NFTs on the open market and make their own official Rora derivative NFT collections.
We will eventually build our own Rora Genesis NFT collection that will be tied to your ownership of the token, and an exclusive NFT marketplace for all Rora-related collections
(not on the roadmap at the moment, throwing it in here as a random gem to see if people actually read this document).
Building the ecosystem makes the future possibilities of what Rora could be into a multitude of things:
An NFT Ecosystem with many collections and derivatives.
Game Titles
Mangas / Comics / Visual Novels
Short Films
Movies.
A social experiment of how future Web3 Economies could work.
A Metaverse
These things are the tip of the iceberg. The ideas above seem rather generic for a reason, as we have many more original ideas that we will not mention in this document. We would love to share them and hype up the community, but we do not want to be front-run by unoriginal devs with large budgets stealing our concepts.
Envision Marvel, DC Comics, Dragon Ball Z, etc, but with more diversification. Rather than just relying on a primary founder or a handful of creatives...for example Stan Lee, Akira Toriyama, Jim Lee, etc.
We are all acting as a singular organism to fulfill the shoes of those creatives. Why is this so important? Because there is no ego involved. We are all working towards a common goal of creating a huge ecosystem of Content, Art, Creativity, Guerilla marketing, and originality that adds value to Rora's IP.
As we add value to Rora's IP, it generates hype and speculation around the community. Hype and speculation commodify the value of Rora's IP, which is no longer limited to being an illiquid NFT. This hype and speculation add value to the token itself because people's preferred method of showing speculation is usually by price action. Rather than a small team of builders, we will have an entire ecosystem that is being incentivized to constantly create utility for the project. With all this hype, speculation, and utility, we will open doors and opportunities to be able to use the name and likeness of Rora and the other components of the Roraverse to generate revenue. Companies will reach out to us for partnerships, licensing, merch deals, etc. All revenue generated will go to the Guardians of the ecosystem.
If you made it this far, you are a true Guardian of the Rora Realm. Many people will lack the vision to understand what we are building, but if you are getting excited as you read this, then you are a true visionary. On the surface, Rora is a decentralized meme-esque brand that is being built through a shill2earn, create2earn economy.
However, the core foundations of Rora's value have already been immortalized.
First mover advantage is always imperative, and Rora is a first mover in many aspects:
The First ever Shill to Earn.
The First ever Create to Earn.
The First ever Liquid Tokenized Intellectual Property
The First ever Web3 Economy of its kind.
Our greatest hope would be that the Creator Economy (Shill2Earn & Create2Earn) goes on to lead the next frontier of how economies work in Web3. We liken it to the Gig Economy on steroids. The Guardians will change the formula for brand and intellectual property building forever.
The Guardians will change the way revenue is shared throughout an ecosystem.
The Guardians will change the way collaboration is looked at forever.
This concept is so much more important than the price of a token going up or down. What we are building could revolutionize working economies everywhere, and lay the foundations for how things can and should be done in Web3.
The world is in a strange place right now, and experimenting in ways that make it easier for people to generate income and create opportunities for themselves is of paramount importance. This is bigger than any one of us, and we owe it to the world to give it our best shot. The Guardians Shall Rise.
