Remixing

When an asset is remixed, a process where a derivative work is made of an IP asset, an on chain asset is tokenized for this and will be distributed to the derivative work creator, the original IP's token stakers, and sold to the public on DEX's.

Assets can either be parents assets or child assets. A Parent asset is an original work, not remixed from any other asset, while a child asset is derived from a parent token — an original work.

The distribution of liquidity for child tokens is:

• 25% retained by the parent work creator

• 50% airdropped to stakers of the original IP

• 25% sold to the public on DEX's

When an asset is remixed, the royalties will remain completely with the parent asset — there is no splitting up of royalty revenue from the parent asset among child assets. All royalty for the child asset will come from revenue generated by the child asset.