V-Art wanted to innovate their platform with a brand-new approach to monetization and proper protection of the creators’ and brands’ IP rights. The Client was looking for a partner to perform R&D, design & implement a technical solution, supporting the legal framework.
V-Art pioneered the market with the NFT & IP rights licensing technology V-Art Protocol, powered, envisioned & documented with our team. We created a White Paper, released the 1st NEAR-compatible version in just 2.5 months, and appended it to conform to Ethereum/Polygon for wider coverage.
V-Art had a novel idea of IP rights licensing service for creative assets, combining legal framework with NFT tech benefits, and was looking for a partner to help with implementation. The previous collaboration with our design team left a positive impression – V-Art enjoyed our delivery approach and decided to engage us in their next project.
We helped V-Art refine their vision, validate solution feasibility & create a detailed delivery plan. The PoC matched the Client’s needs and we moved to development. Our team delivered the protocol compatible with 3 blockchain networks and helped V-Art work through its implementation use cases.
Our dedicated team built a custom blockchain solution that allows selling NFT licenses to multiple users and managing IP ownership rights according to the license type. Those vary depending on 5 criteria: duration, region (worldwide or particular country), exclusivity, usage purpose, and pricing.
We performed turnkey solution delivery, from architecture design and the first NEAR-based protocol release to extending it with the new blockchains (Ethereum & Polygon) and preparing it for further implementation into V-Art products. Also, our team contributed with:
The IP licensing protocol was the first solution on the market to offer licensing for multiple users & legal protection of creators’ rights. So, V-Art and Sigma Software teams were the pathfinders in this area. We supported V-Art from use cases, implementation, and development strategies creation to protocol alignment with the traditional legal system & regulations.
Our BA expert assisted with additional research & ideation to define the optimal business model for the solution. We analyzed different cases from PaaS to stand-alone SDK and came up with 3 best-fit options that became a part of the further evolution of V-Art platform.
Anastasiia Gliebova
CEO and co-founder
V-Art
Starting to work with Sigma Software blockchain department has been a crucial change in our product development. This event resulted in pivoting in a completely new direction – V-Art Protocol and advancement of our business model. I highly value and recommend both the team’s blockchain architecture and business analytics expertise, plus the driven, focused, and innovative approach they have taken to make your product a truly outstanding one. Management, communications, and effectiveness, through research and detailed estimation of every step, resulted in not just meeting the expectations from our side, but completely surpassing them.
Alexandra Kovalenko
Product Manager
Sigma Software
V-Art project was one of the most interesting journeys in my career. Our team worked with a truly innovative solution that brought a revolution to monetization of digital assets. Collaboration with V-Art felt like working with old friends. The transparent working process, responsiveness, and the Client's appreciation of our expertise inspired us, and we achieved great results together.
