Problem:

Imagine you're a creator. You've made something amazing—a song, software, design, or new invention. Many people want to use your work—YouTubers, TV shows, companies, you name it. But selling the license (rights) is a nightmare. You need to prove you own the IP, find/contact buyers, and draft complex legal agreements. It’s like selling a house with no agent, no property records, and no standard contracts. Frustrating, right?

Now, imagine you're a buyer. You find the perfect piece of IP for your project—maybe a song for your video, software for your app, or a design for your product. But tracking down the rightsholder is nearly impossible. You contact different people, wait forever for responses, and when you finally find the rightsholder, you’re faced with delayed negotiations, overpriced offers, and thousands of dollars in legal fees to draft a proper license agreement. The worst part is, even if you purchase a license, there's no way for anyone to know you own it. This leads to false lawsuits, copyright claims, and DMCA takedowns. It’s like buying a used car with no title, no contact with the seller, and still getting pulled over for theft. Annoying and costly!

Third parties, like YouTube and other platforms, are stuck in the middle. They can't easily verify who owns what licenses, leading to billions of false legal claims each year.

Hundreds of billions of dollars are lost to these issues, not to mention the technological and cultural progress we’ve lost as a society. Creators lose creativity because they can’t use music in their content. Inventors can’t build on others' progress. Companies aren’t getting license sales because people prefer to pirate IP than navigate the tedious legal process. And that's just scratching the surface. Think about the frustration and wasted potential. Amazing content never gets made, innovative products never see the light of day, and groundbreaking ideas never get realized—all because of a system that should enable progress but instead holds it back.

Solution:

Enter Nitrility. Think of us as the Amazon for IP licenses. We are the first marketplace where you can buy, sell, and verify IP licenses on your own, in seconds.

Imagine our creator again. They can create an account on our marketplace, just like setting up a seller account on Amazon. We verify their identity and the IP they own, ensuring everything is legitimate. They can then list licenses for their IP, set customizable terms and pricing, and connect with top buyers. Market-driven pricing ensures that the license prices are fair.

For buyers, finding the perfect piece of IP is as simple as shopping online. They can use our AI-powered search tool to browse through listings from top rightsholders. Once they find a license they like, they input details of how they will use the IP. After this, they can make a purchase with just a few clicks. No more tracking down owners or dealing with complex legal processes.

Once a license is purchased, an automatic legal contract is generated based on the terms of the license set by the seller, and the information of the usage provided by the buyer. All license transaction data is securely stored using decentralized technologies, creating an unchangeable record of ownership. This provides verifiable proof and protects users against false copyright claims, lawsuits, and DMCA takedowns.

Third parties, like YouTube and other platforms, can easily access this data through our robust API. This allows them to verify license ownership in real-time to minimize false claims.