Deep Dive
1. AI-IP Adoption Momentum (Bullish Impact)
Overview: Camp Network has onboarded major entertainment IPs like Netflix’s Black Mirror and 53 music festivals (via All Access) to tokenize content and automate royalties. Its EVM-compatible L1 processes 50,000 TPS for AI licensing, critical as Spotify removed 75M AI-generated tracks in 2025 over provenance issues (Camp Network).
What this means: Each new IP partnership increases CAMP’s utility as the settlement layer for AI training royalties. For example, a 1% fee on the $80T global IP market would imply $800B in annualized value flow – though current traction is early-stage.
2. Vesting Schedule Overhang (Bearish Impact)
Overview: 71% of CAMP’s 10B total supply remains locked, including:
- 15.93% (Series A investors): Unlocks began April 2026
- 20% (Dev team): 1-year cliff + 4-year linear release
Current circulating supply is 2.1B (HTX).
What this means: $23.4M in vested tokens (at current $0.0079 price) could enter markets by 2026–2029. Similar L1s like ICP saw 40–60% price drops during major unlocks, suggesting CAMP may face sell pressure without offsetting demand.
3. Regulatory Tailwinds/Risks (Mixed Impact)
Overview: Camp’s automated royalty system aligns with the EU’s draft AI Act (2026), which mandates compensation for copyrighted training data. However, the SEC’s ongoing lawsuit against Anthropic over unlicensed data use (Blockworks) shows legal uncertainty.
What this means: Favorable regulations could make Camp’s protocol a compliance necessity for AI firms, while adverse rulings might slow adoption. The token’s 2025–2026 price may swing ±30% around key policy decisions.
Conclusion
CAMP’s price will likely hinge on whether AI licensing volume grows faster than vested supply unlocks – a race against time. Traders should monitor quarterly partnership announcements vs. unlock schedules. Can Camp onboard IPs at Web2 scale before dilution hits?