IP RWA

What is IP RWA?

IP RWA is a type of ERC-20 compliant token. It stands for Intellectual Property Real World Assets. IP RWA is a type of token, not a token itself.

Function

IP RWA allows ownership of IP rights to be divided among multiple holders. In the case of $APL, each token represents the ability to claim future royalty revenue generated by the underlying IP assets.

Technical Implementation

In the case of $APL, the IP RWA token was created after a fundraise. The total supply of $APL the vault created is a set value, determined during the fundraise.

Distribution

In the case of $APL, the IP RWA was allocated proportionally to fundraiser participants based on the amount of stablecoins they contributed to the Stakestone LiquidityPad vault. The amount of $APL each user was able to claim was determined by the formula (userDeposit / totalDeposit * totalSupply) .

Properties

In the case of $APL, the IP RWA tokens are transferable, can be staked to earn revenue based on potential royalties, and are backed by IP rights acquired by Aria Management Company (associated with Aria Protocol Labs Inc.)