INVARCH AND THE BENEFITS OF UTILIZING THE INVARCH NETWORK

Ubong Ephraim
3 min readDec 10, 2021

I f you haven’t read up on InvArch before this article, here’s a brief scoop to help you. InvArch is a brilliant, top-notch decentralized platform that integrates creativity and ideas in a fusion that connects an entire universe of creators, finance, and thinkers under the umbrella of a single ecosystem. You can imagine the possibilities. There’s no doubt this ecosystem is going to flourish. This is exactly what Invarch seeks to achieve.

We are not going to dwell much on the Invarch technology, however. This article highlights all the benefits of InvArch there is to know.

1. InvArch is an innovative, first-ever platform that focuses on infant start-up developments. InvArch goes on to provide venture ownership for these startups in exchange for skills as a substitute for conventional job options.

2. InvArch introduces the capacity to tokenize intellectual property in NFT from the blockchain space. The name of these tokenized properties are intellectual property tokens (IPT) and the reason InvArch has them is for digitally recording ownership of assets.

3. InvArch is future-proof and features non-disruptive integrations and revamps. These will be determined by InvArch’s governing community.

4. On InvArch, IPT holders will be granted permission to bond their tokens to an NFT known as a decentralized entrepreneurial venture, democratically governed by a DAO.

5. InvArch institutes fractional investment profit token ownership to utilize them to forge collaborations, determine the weight of voting in a DEV, and raise capital.

6. Following this, the platform will Institute fractional Investment Profit Token ownership to be utilized to form partnerships, raise capital, and determine the voting weight in a DEV.

7. InvArch leverages the Defi infrastructure of the Substrate development framework

8. InvArch serves as a doorway for global markets, business environments, and decentralized economies.

That being said, InvArch has several protocols that facilitate these benefits. One of them is its native, multi-purpose-utility toke. $VArch is one prerequisite for forming DEVs and minting IPT. $VArch also needs to be staked to provide participation in the governance of InvArch.

There are parameters to IPTs. Some of them are abstracts of the IPT, the industry and industry focus, brief descriptions of problems and a blurb that includes solutions to the problem, attached files containing schematics of the document.

Another aspect of the protocols which facilitate InvArch’s benefits is the staking, depositing, and locking of $VArch in a separate wallet designed for the InvArch network and free of centralized control. This wallet stays safe until its IPT is dissolved after which the $VArch is returned to the owner’s wallet.

Compared to regular NFTs, intellectual property tokens do not contain linked editions such as is seen in the space for digital art. Notwithstanding, IPTs can be updated but despite the multiple use cases of owning mirroring editions in the metaverse and digital art spaces, it is bound to create effectiveness in its projected function of building partnerships.

Generally, InvArch stands out from the crowd with its ability to provide security and utility for abstract data sets. This is unlike past blockchains which have channeled most of their energy towards tokenization of physical assets classes and investment financial services.

One interesting fact to note here is that InvArch may be likened to a hybrid between a variation of an intellectual property authentication and a professional networking platform

InvArch is investing tireless efforts to push its platform beyond providing a medium of communication between project partners and connecting a world of investors, innovators, and inventors under one ecosystem. Even with a host of supreme benefits, they remain committed to breaking new strides in the industry and this approach to revolutionizing the industry remains commendable.

For more information :

Medium: https://invarch.medium.com/
Website: https://invarch.io
Twitter: https://twitter.com/InvArchNetwork

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