IP Business

Evolution into an IP Business

In our pursuit of long-term stability and sustainable growth, Flickrz is strategically transitioning into an intellectual property (IP) business model. This transformation is rooted in two pivotal factors reshaping the digital content landscape.

1. Market Shift in Digital Content: The market for digital material is going through a significant upheaval. Traditional distinctions between various media types have become hazy. Modern customers expect immersive experiences that seamlessly blend webtoons, webnovels, movies, and other digital content; digital content no longer exists in isolation. A single IP that started as a webtoon or webnovel might branch out into films or television shows, building a whole entertainment world. This trend is quickly picking up steam, as evidenced by the 30–40 movies based on webtoon IPs that are produced each year. Flickrz is embracing the convergence of content forms in order to build a unified entertainment ecosystem in response to this paradigm shift.

2. Diversified Revenue Flow: Flickrz's revenue generation evolves beyond the initial streams of web3 integration commission fees from our web2 partners, user in-app purchases, and transaction fees. We are strategically acquiring and nurturing digital content IPs, including webtoons, webnovels, and more. These IPs form the foundation of our revenue-flow strategy. By owning and managing these IPs, we ensure a continuous income stream derived from various avenues such as adaptation rights, merchandise, and licensing agreements. These digital content IPs' revenue streams act as a solid foundation for our steady growth trajectory.

Business Sustainability Through IP Revenue: Flickrz's transition into an IP business is not just a response to market trends; it's a proactive approach to ensuring business sustainability. As we secure and manage diverse digital content IPs, we establish a reliable revenue base. This stability empowers us to invest in innovation, enhance user experiences, and expand our offerings, ensuring that Flickrz remains at the forefront of the evolving digital content landscape.