The Next Step in IP Evolution: Molecule's Proof of Invention
Our latest onchain primitive for scientific IP delivers tangible value where it matters. Because innovation isn’t just a concept; it’s execution.
6 min read
Ella McCarthy-Page
Introducing Proof of Invention
Since our founding, Molecule has been working towards a future where scientific collaboration is as seamless and accessible as possible, dedicating ourselves to building primitives that revolutionize the intellectual property system.
We began this journey with the introduction of IP-NFTs, unique tokens that represent intellectual property (IP) rights, making ideas discoverable and tradable. Building upon this, we extended the concept with IP Tokens (IPTs), which enable a crypto-native incentive layer for research. Last year, we pilot-launched another primitive - Proof of Invention (PoI). Today, we’re unveiling it for all.
The Power of Intellectual Property
The latest building block of Molecule’s IP Protocol, Proof of Invention, is designed to empower innovators to protect their ideas with confidence and ease. It provides a timestamped, verifiable proof of creation, establishing indisputable evidence of an invention from the moment of its conception.
With PoI, inventors can:
- Secure their intellectual property instantly and affordably—cheaper than filing a provisional patent or even mailing a letter to themselves.
- Anchor proof on any public ledger, eliminating the need for expensive and complex traditional IP processes.
- Lay the foundation for seamless IP management, including the potential to mint IP-NFTs and tokenize their inventions into IPTs.
- Maintain complete portability at no additional cost, crossing geographical barriers in ways traditional systems cannot.
Who Can Leverage Proof of Invention?
- For Early-Stage Inventors: PoI is ideal for inventors and researchers who need a secure, affordable way to document their ideas before sharing them with others, eliminating the costs and complexities of provisional patents.
- For Decentralized Scientific Communities (like BioDAOs): PoI helps them track innovation, attribute credit to original thinkers, and incentivize new discoveries within their communities.
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