Colletrix is supported by the team from UNDONE, Animoca Brands, and Future Arena with the goal of introducing protection and monetization mechanisms for intellectual property owners and collectors, whilst establishing trust for merchants and consumers to ensure the tracing of authenticity.
Colletrix uses the ERC-721 protocol for its non-fungible token (NFT). Each NFT represents a unique IP. The ERC-721 tokens are visible on the Ethereum blockchain.