The development path for Real World Assets (RWA) on-chain is gradually becoming clear: from stablecoins to U.S. Treasury bonds, and then to real estate and private credit. Now, Minicoin is betting on the next important asset class expected to be realized on-chain—intellectual property (IP).

The IP RWA network Minicoin, built on the Creditcoin blockchain, announces that its native token $MINI will be the first project launched on the PenguinSwap Launchpad, officially starting its Initial Public Sale (Public Sale).

This token sale adopts a fair and open mechanism, with no internal discounts (InsiderDiscount), and price discovery occurs through the open market, aiming for a broader and decentralized token ownership structure.

Notably, Mini Labs (the development company of Minicoin) has obtained official authorization from IPX to lawfully use minini IP.

IPX owns the LINE FRIENDS series IP, which covers more than 210 million LINE users globally, with over 31 million official LINE FRIENDS fans, having wide influence in Asia and around the world. Minicoin is developed under the official authorization of IPX.

Why will intellectual property become the next generation RWA?

Intellectual property has always been an asset, but it has long lacked liquidity.

The ownership of traditional IP is usually registered with official agencies or private contracts, and the authorization process relies on lawyers and intermediaries, causing creators to often wait months to receive their earnings, while incurring multiple fees throughout the process.

The emergence of generative AI has completely shattered this traditional model.

AI is creating a massive amount of new intellectual property at unprecedented speeds, while the existing copyright system relying on manual management—including copyright protection, manual licensing, and copyright management—can no longer handle such enormous content supply.

Today, the number of new IPs born each year far exceeds the capacity for registration, licensing, and revenue distribution, and this gap continues to widen.

Minicoin aims to change this situation.

The platform views each item of intellectual property as a redeemable claim, similar to how stablecoins correspond to fiat currency.

Each IP will be minted as an IP NFT, representing a complete and unique piece of intellectual property.

NFT holders will have full ownership of the intellectual property. They can hold it long-term or trade freely, and they can also burn the NFT to restore the corresponding intellectual property to off-chain full ownership, completely detaching from the platform for continued use.

More importantly, creators can truly realize the securing, circulation, and commercialization of original IP.

How does Minicoin achieve IP on-chain?

Minicoin's entire system mainly consists of four core components:

On-chain IP Registry

All intellectual properties and their ownership can be publicly, transparently, and verifiably recorded on-chain.

Smart Contract Settlement

When an IP generates revenue, the income will be automatically settled in $MINI through smart contracts and directly distributed to IP holders, without any copyright management entity intervening.

Creator & Fan Rewards

Through the on-chain micro-payments mechanism, even extremely small amounts of copyright usage fees can be automatically paid, something that is nearly impossible in traditional licensing systems.

AI Creator Tools

The platform will provide AI creation tools, enabling ordinary creators to quickly produce and publish their own original IP without relying on large studios.

For creators, this means:

• Creating original characters;

• Tokenizing their works;

• Fully owning the intellectual property;

• Automatically earning revenue when the market uses the IP.

The entire process can be completed without publishers, licensing agencies, or any third-party permissions.

At the same time, Minicoin adheres to one core principle:

One token always corresponds to one complete IP.

The platform will not adopt fractional ownership nor will it launch IP fractionalized products.

Minicoin's IP Development Roadmap

Minicoin plans to create a complete IP Marketplace around three major creative fields, enabling ordinary users to easily create original content and earn revenue.

Phase One: Stickers

Stickers are the simplest and easiest visual works to define copyright ownership, making them the most suitable scenario for tokenization.

At the same time, this is also one of the areas where AI content is most prevalent.

Currently, the sticker and emoji market of mainstream instant messaging platforms in Asia has reached hundreds of millions of dollars:

• LINE's sticker revenue exceeds $170 million annually;

• KakaoTalk's cumulative emoticon sales as of 2024 is about $870 million.

Phase Two: Music Copyright

According to industry data:

• In 2024, global income for songwriters and copyright publishers is about $13.6 billion;

• The global recorded music market size is about $29.6 billion.

Due to the involvement of more rights holders in music copyright, Minicoin will initially support only some copyright income for on-chain settlement.

Phase Three: Virtual IP

In 2024, the global virtual influencer market size has exceeded $6 billion and maintains an annual growth rate of about 38%.

Whether Virtual Models or VTubers, they essentially belong to digital intellectual property, thus having a natural demand for on-chain rights confirmation, character source verification, and creator contribution records.

Qualify for $MINI tokens through "minini universe: ROOM"

Currently, users can already experience the practical application of minini IP.

Minicoin has officially launched the full version of the survival adventure game "minini universe: ROOM," deployed on the PenguinBase platform and featuring officially authorized minini character images.

This event aims to help players understand the IP world and is also an important gateway to participate in the future $MINI Launchpad.

Players can:

• Play "ROOM"

• Level up in the game

• Mint Soulbound Tokens (SBT)

Upon completing the relevant tasks, they can gain qualifications to participate in the upcoming public offering of $MINI Launchpad.

For more details, please visit the official page.