Providing a 3D file enables unlimited prints, risking IP protection. Limited encryption and no standard formats complicate monetization and royalty tracking, with no central control for distribution.
This is the total amount allocated to Iagon & Würth: Platform for Secure 3D Printing and Intellectual Property Management.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Iagon and Würth's NFT-Smart Contract platform on ORSY Connect secures 3D IP with decentralized storage, automates royalties, and establishes a global marketplace for 3D printing IP and services
Iagon will have to closely collaborate with Würth Group (in conjunction with Würth Canada, WAG and Würth IT India) on the proposal. These entities provide the knowledge and expertise on the 3D Printing Industry and will play a key role throughout the entire process.
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Iagon and Würth aim to create a robust platform that utilizes NFTs and Smart Contracts to control access to 3D intellectual property, automate payments for royalties, and cover storage costs without requiring third-party intervention. This platform, embedded within ORSY Connect (Würth’s Inventory Management Solution), will give Würth’s customers seamless access to purchase 3D printing supplies, printers, and printing IP recipes, all managed within a secure, decentralized blockchain-based system.
The platform will maintain IP ownership integrity by encrypting files and managing their distribution within a decentralized file system developed by Iagon. Smart Contracts attached to NFTs will be the key mechanism for handling payments and access permissions, allowing customers to purchase and print the IP files needed, while manufacturers retain full control. This setup will enable IP owners to monetize their designs easily and cost-effectively.
Würth’s role in the project allows for options like exclusive access to the platform, with branding proportional to their investment in the MVP. Clear agreements and terms will be established before project initiation, and once approvals are finalized, Iagon and Würth will craft a detailed project plan. Throughout this process, Würth Canada, WAG (Würth Additive Group) and Würth IT India will all play a key part in the planning, execution, integration and go-to-market for this initiative.
Designed to benefit Würth, Iagon, the Cardano blockchain, and the creators of 3D Printing IP, this platform will be open to any manufacturer contributing printable IP. It will also offer flexibility by accommodating 3D printing service bureaus, giving customers the option to outsource their print jobs if needed. This ecosystem is expected to foster widespread adoption, making it straightforward for IP suppliers to sell their work via NFTs or Smart Contracts and for customers to purchase them easily within ORSY Connect. This development seeks to establish a new industry-wide precedent for the sale and distribution of 3D printing IP, setting a standard that can become easily adopted and enabling seamless plug-and-play functionality with traditional 3D printing services and tooling.
Our project with Würth Group (in conjunction with Würth Canada, WAG and Würth IT India) and our infrastructure will have a significant positive impact on the Cardano community by advancing the use of Cardano’s ecosystem for real-world, enterprise-grade applications, particularly in the realm of 3D printing and intellectual property protection.
Based on initial market research from Würth, the Canada and USA initial market potential for 3D printing is between $10 million - $100 million per year, with Würth Additive Group already doing over $10 million in printing annually. Over the next few years the global market size is expected to grow to an over $1 Billion market opportunity. Würth expects to capture a significant portion of this possible market growth and this collaborative project could greatly impact the overall market opportunity, leading to a bigger and wider available market.
Overall, this presents a significant opportunity for Iagon and Cardano and could greatly benefit the ecosystem.
Here’s how:
Track Record: Iagon has a working cloud storage solution on the Cardano Blockchain with 7.75 Petabyte of storage and 515 storage nodes as of writing this proposal. The company has delivered solutions such as Ledgerflow and have demonstrated pilots such as for cloud compute as well as the Cyclone hardware device.
Team: Our team consists of experienced developers and experts in the field of blockchain and reputation systems. We have a proven track record of delivering high-quality projects with a strong focus on trust and accountability. Team co-founders include: Dr. Navjit Dhaliwal (has led 3 successful startups, increased revenue over 3 years from 0 NOK to 10 million NOK), Dr. Rohit Gupta (former director of technology for Expedia, currently a senior manager at Google, wrote thesis in decentralized compute in 2005), Dr. Claudio Lima (former CTO at Huawei in east asia, currently educates governments and enterprises on Blockchain architecture) and Dr. Elad Harison (AI/machine learning expert, economics professor).
Communication and Engagement: Iagon has demonstrated regular updates on our company blog, discord as well as twitter updates and spaces. We will continue to update the community and allow for engagement and questions on the proof of concept app if this project gets funded.
The success of the project can be measured using several key indicators:
Please describe your plans to share the outputs and results of your project?
Sharing the outputs and results of the project is crucial for transparency, collaboration, and knowledge dissemination within the Cardano ecosystem. Here are some plans to share the outputs and results:
What are the main goals for the project and how will you validate if your approach is feasible?
What are the key milestones you need to achieve in order to complete your project successfully?
Research, Design and Requirements Validation
Objective:
Establish a comprehensive design blueprint for the NFT-based IP management system. This includes detailing technical requirements, architecture, and secure storage mechanisms for 3D IP files.
Outputs and Acceptance Criteria:
Smart Contract Design and Initial Service Development
Objective:
Design initial smart contracts for secure IP tokenization, access control, and royalty distribution to ensure compliance with business rules. Implement off-chain API prototypes to interact with mock contracts.
Outputs and Acceptance Criteria:
ORSY Connect Integration API and UI Development
Objective:
Develop APIs and UX to integrate the tokenization platform with Würth’s ORSY Connect system, enabling seamless user interactions with 3D IP files.
Outputs and Acceptance Criteria:
Complete initial development prototype on testnet
Objective:
Provide prototype implementation on testnet for ordering flow. Create an IP management interface that interacts with smart contracts to manage inventory on the blockchain layer.
Outputs and Acceptance Criteria:
Mainnet preparations and finalize implementation
Objective:
Bring solution to mainnet and integrate with an internal ORSY inventory and test print queue. Address findings and complete MVP of orchestrator and order processing apps based on testnet runs.
Outputs and Acceptance Criteria:
Deployment and Performance Optimization
Objective:
Launch the platform on the mainnet with ongoing performance optimization and user support mechanisms for scalability.
Outputs and Acceptance Criteria:
Iagon:
Würth:
Additionally, we will need to hire a designed team for this project to ensure the appropriate man-power and time can be delegated to its successful completion in a timely manner.
The following budget breakdown provides an overview of the anticipated costs essential to making Iagon’s MVP a reality. This allocation supports every critical stage, from development and integration to project coordination and compliance, ensuring that Iagon has the resources necessary to build a robust and feasible MVP.
Outlined in ADA (calculated at a rate of 1 ADA = 0.3 USD), the budget is categorized to cover project management, IT development, compliance, and contingency planning. This structured approach supports operational efficiency, seamless execution, and a strategic reserve for any unforeseen requirements, setting a strong foundation for project success.
While this project aligns with business objectives, it also contributes to the Cardano ecosystem by showcasing a real-world, enterprise-grade use case on Cardano’s blockchain. This initiative opens the door for additional Cardano-based enterprise solutions and fosters wider industry adoption of decentralized systems.
This project presents the opportunity for significant value creation within the Cardano ecosystem. There is a market gap for a solution of this type within the 3D printing industry and by working with Würth Canada, this initiative has the backing and potential to establish significant adoption. Würth services millions of customers on an annual basis and has the expertise to understand the needs and trajectory of the 3D printing market, this, combined with Iagons proprietary storage solution and expertise in blockchain technology and development, establishes a collaboration that is well positioned to deliver and attract the attention of an entire industry of participants. Therefore, the cost of this project could translate to a significant use case and adoption generating platform for Cardano.
Based on initial market research from Würth, the Canada and USA initial market potential for 3D printing is between $10 million - $100 million per year, with Würth Additive Group already doing over $10 million in printing annually. Over the next few years the global market size is expected to grow to an over $1 Billion market opportunity. Würth expects to capture a significant portion of this possible market growth and this collaborative project could greatly impact the overall market opportunity, leading to a bigger and wider available market.