The CONX chain, a worldwide blockchain mainnet introduced a brand new challenge known as ‘CONX ARENA’ leveraging AI and RWA on the Dec. 16
CONX Enviornment is constructed as an open competitors occasion platform the place creators can produce AI-assisted spinoff works primarily based on unique IP. It represents a scalable basis mannequin that redefines the creation, possession, and revenue distribution construction by combining IP-based RWA with AI. Your entire course of takes place on-chain, aiming for a elementary innovation within the spinoff creation ecosystem.
The primary initiative underneath CONX Enviornment is Nom Arena一a recreation jam program co-hosted with Com2uS Holdings, a number one world recreation writer and core associate of the CONX ecosystem. At some stage in this system, Com2uS Holdings will totally open the utilization rights of its flagship IP, NOM, enabling creators worldwide to freely reinterpret and construct upon the unique recreation.
Contributors want solely submit a inventive recreation improvement proposal and demo video utilizing the ‘Nom’ IP. To encourage a extra inventive improvement atmosphere, manufacturing throughout all platform codecs—cell, PC, net, and mini-apps—is permitted, and contributors are strongly beneficial to make the most of AI. Registration is open till the 4th Jan. Detailed recruitment pointers may be discovered on the CONX Enviornment web site.
NOM Enviornment contains a complete prize pool of 10,000 USD price of CONX($XPLA) tokens. The successful staff, topped Enviornment Champion, will obtain a variety assure valued at 1,000 USD. The ultimate prize pool will enhance to a complete of 8,000 USD as the sport progresses via its official launch course of. Moreover, earnings from the sport’s operations after its official launch can be distributed transparently to the IP creators, AI mannequin builders, and secondary creators.
To determine a trust-based income distribution framework, Com2uS Holdings unveils a brand new automated settlement commonplace known as ODL(On-chain Distribution License). ODL is a programmable licensing and accounting protocol that encodes multi-party royalty distribution agreements immediately into sensible contracts in a Web3 atmosphere. Contract events obtain tokenized royalty rights. When earnings are incurred, calculations are carried out in line with pre-agreed ratios, and funds are immediately transferred to every participant’s CONX pockets. By simplifying reconciliation and billing workflow, ODL establishes a standardized on-chain framework for sooner, extra clear, and verifiable income distribution throughout a number of stakeholders.
CONX, a Layer 1 mainnet that includes participation from world Web3 corporations, is increasing because the ‘next-generation fintech infrastructure’. The community goals to construct an ecosystem enabling conventional monetary establishments, cultural industries, and tech corporations to securely transition real-world property onto the blockchain.