Licenses

Tokenization

The tokenization of computer software and licenses involves using the blockchain to create tokens that represent ownership or rights to use a piece of software or a license.

In few steps

Token creation

A software developer or company creates tokens on a blockchain that represent ownership or rights to use software or a license.

Selling tokens

The tokens are then offered for sale, allowing others to purchase a share of the ownership or rights to use the software or license.

Use of tokens

Token holders can use the software or license based on the rights their tokens represent. For example, they might have the right to use the software for a certain number of hours or to receive free updates.

Transfer of tokens

Tokens can be sold or transferred to others, allowing token holders to monetize their rights to the software or license.

Examples

Productivity software

A company that produces productivity software such as a word processor or spreadsheet program could tokenize the licenses for that software, allowing users to purchase tokens for the right to use the software.

Video games

A video game developer could tokenize the licenses for a game, allowing players to purchase tokens for the right to play the game.

Design software

A developer of graphic design or 3D modeling software could tokenize the licenses for that software, allowing designers to purchase tokens for the right to use the software.

Development software

A provider of an integrated development environment (IDE) could tokenize licenses for that IDE, allowing developers to purchase tokens for the right to use the IDE.

Operating Systems

A company that produces an operating system could tokenize the licenses for that system, allowing users to purchase tokens for the right to use the operating system.

Main advantages

Increased Liquidity

Tokenization facilitates quick transactions and opens the market to more investors, thereby increasing liquidity.

Fractionalization

Tokenization makes licenses investing more accessible by allowing the purchase of small fractions of an asset.

Transparency and Security

Thanks to the blockchain, tokenization offers greater transparency of transactions and enhanced security.