NYIAX partners for the first outside instance of its patent-pending asset exchange
The patent, filed by the blockchain-based ad exchange and Nasdaq, covers the techniques employed by a soon-to-launch, asset-trading community of creators, audience and brands.
In December, NYIAX filed a patent with Nasdaq for trading any physical or digital asset on an exchange. In other words, NYIAX founder Carolina Abenante told me, the patent describes a way to trade ad contracts, videos, digital or physical collectibles, or whatever, on an exchange.
This week, NYIAX announced a new partnership that will be the first — outside of NYIAX’s own exchange — to implement this patent-pending approach. The partner is mesmr.tv (no caps), a year-old blockchain-based content startup that intends to take the YouTube model to the next phase.
The central idea behind mesmr, launching in beta next month, is that content creators, especially video makers, upload their creative work into channels and then buy and sell value around that content.