2. ACGN Protocol
ACGN Protocol is a content creator protocol based on open-source consensus. This protocol enables creators to create derivative creations based on original works for commercial purposes，and derivative creations need to follow the same protocol. When derivative creations realize gains, owners of NFTs used in derivative creations can gain relevant profit through an on-chain royalty system.
2.1 Open IP
ACGN Protocol creates an open-source creator protocol, which is more open than CC0. Anyone can create derivative works and use them for commercial purposes based on the original works, and the derivatives need to follow the same protocol.
2.2 Derivative Creation Royalty
When derivative creations realize gains, owners of NFTs used in derivative creations can gain relevant profit through an on-chain royalty system
Roles getting royalites
Tier 1 NFT CreatorTier 1 NFT HolderTier 2 NFT Holder
Income composition
Selling NFTs（Tier 1 NFT creator, Tier 2 NFT creator）Creator Royalty（Tier 1 NFT holder, Tier 2 NFT holder）
Royalty Distribution Rules
Tier 1 NFT creator: getting x% of royalties from each Tier 1 NFT transactionTier 1 NFT holder: getting x% of royalties each time visual novels made from Tier 1 NFT realizes gainTier 2 NFT holder: getting x% of royalties each time visual novels made from Tier 2 NFT realizes gain Royalty System
Tier 1 NFT Selling | Tier 1 NFT Creator | Tier 1 NFT Collector | NFT transaction fee |
1st Sale | x% | y% | z% |
2nd Sale | x% | y% | z% |
3rd Sale | x% | y% | z% |
4th Sale | x% | y% | z% |
Tier 2 NFT Selling | Tier 1 NFT Creator | Tier 1 NFT Collector | Tier 2 NFT Creator | Tier 2 NFT Collector | NFT transaction fee |
1st Sale | A% | B% | C% |
| z% |
2nd Sale | A% | B% | C% | D% | z% |
3rd Sale | A% | B% | C% | D% | z% |
4th Sale | A% | B% | C% | D% | z% |
Last updated