Piction Network is creating a new peer to peer digital contents ecosystem. We are disrupting the centralized models of content distribution dominated by extractive intermediaries. We intend to build an ecosystem where all participants will co-exist for the healthy growth of the digital content market. Equality of opportunity should be guaranteed for many creators through low entry barriers. The final consumer should not go beyond simple purchasing but expand opportunities for the rights and participation as consumers in the content market. In addition, by creating an open market and eliminating unnecessary intermediary operators, content distributors are expected to benefit from the sharing of reasonable revenues.
Standard Tokenization Protocol is a smart contract platform that allows issuers to create and issue token offerings in a regulatory compliant manner in a large number of jurisdictions around the globe. The protocol allows the integration of international regulations to enable compliant issuance of tokenized assets and cross-jurisdictional transfers of ownership. It also allows for issuer-specific parameters such as ownership concentration, holding periods, and voting. By issuing a permissioned ERC-20 token (STPT) on the Ethereum blockchain, Standard Tokenization Protocol ensures that: 1) regulatory and issuer-specific compliance requirements included in the smart contract are met at the token level, and 2) changes in the regulatory landscape can be captured and integrated. Standard Tokenization Protocol standard enables the tokenization of any type of asset in a globally compliant manner.