👨‍🏭The Creators Markets

Creators Market

Challenges in the Art Creation and Gaming Ecosystem

One of the primary challenges facing digital art creators in the gaming industry today is the limited or nonexistent legal rights over the intellectual property they create.

Many creators spend significant time and effort building in-game worlds or creating digital assets, only to find themselves with little or no financial compensation for their hard work.

Another hurdle is the difficulty in asserting and protecting creative ownership, especially when other players or entities copy, modify, or build upon a creator’s original work.

Without an effective system for tracking ownership from the moment an item is created, it becomes nearly impossible to distinguish between an original creation and a copied or altered one.

Additionally, the prevalent use of fiat currencies and credit card transactions introduces the risk of fraud.

Illegitimate transactions can be as high as one out of every seven items sold due to credit card fraud, which can disrupt the in-game economy and undermine the trust of players and creators alike.

Introducing SCTs for True Ownership

By registering each creative work as a Sub Contract Template (SCT) on the blockchain, the Bullshit Lab ™ Foundation offers digital creators true ownership over their creations.

Through this model, creators retain full copyright and ownership of their digital assets, and they are able to sell, trade, or profit from these assets in the way that best suits them.

Blockchain-Backed Transactions and Fraud Prevention

With transactions carried out via the blockchain, specifically using Binance, the risk of credit card fraud is significantly reduced.

This approach addresses not only the issue of fraud but also adds value to the digital items created by artists and players.

Creator Benefits and Financial Rewards

As part of the SCT strategy, creators can see their work come to life when their assets are used across various platforms, enhancing their experience and providing them with financial feedback.

This process allows creators to earn royalties from the incorporation of their unique SCTs into other projects or games.

Solving Market Challenges with Innovation

One of the primary challenges in the creator economy is managing and adapting the stats or attributes of each SCT.

As SCTs are non-fungible tokens (NFTs), they provide a new framework for ownership, tracking, and value.

The Bullshit Lab ™ Foundation is solving this challenge through innovative and creative solutions, ensuring a sustainable and fair system for creators to thrive in the digital space.

By offering true ownership, eliminating fraud, and providing creators with continuous financial feedback, the Bullshit Lab ™ Foundation aims to revolutionize the art and gaming space.

Creators will not only have ownership of their creations but will also benefit from a robust, decentralized platform that ensures their creations are used and valued across a growing digital ecosystem.