[Proposal setup] Proposal title

Please provide your proposal title

IP Bank: Tokenization Platform for Japanese Anime & Manga IP

[Proposal Summary] Budget Information

Enter the amount of funding you are requesting in ADA

750000

[Proposal Summary] Time

Please specify how many months you expect your project to last

12

[Proposal Summary] Translation Information

Please indicate if your proposal has been auto-translated

No

Original Language

en

[Proposal Summary] Problem Statement

What is the problem you want to solve?

Japanese Imanga, anime, gaming characters, & music is dispersed across multiple rights holders. Without a unified registry global partners cannot easilylicense Japanese IP at scale.

[Proposal Summary] Supporting Documentation

Supporting links

• https://ibex.now

[Proposal Summary] Project Dependencies

Does your project have any dependencies on other organizations, technical or otherwise?

No

Describe any dependencies or write 'No dependencies'

There are no dependencies

[Proposal Summary] Project Open Source

Will your project's outputs be fully open source?

No

Please provide details on the intellectual property (IP) status of your project outputs, including whether they will be released as open source or retained under another licence.

The IP bank will be exclsive on Cardano chain and will integrate into Animoca Moca Network. The IP rights are licesned by Antler Ibex and uses Moca network for validation in partnership with Animoca (The IP bank named Great Wave is a Joint-Venture between Ibex and Animoca Brands) . This platfoem thus is sole property of the rights holders and thus needs to be under the IP protection of Antler Ibex.

[Theme Selection] Theme

Please choose the most relevant theme and tag related to the outcomes of your proposal

Audit

[Campaign Category] Category Questions

Describe your established collaborations.

Great Wave IP bank is a joint-venture between Antler Ibex and Animoca Brands. Antler Ibex has already engaged with content rights holders in Japan and are in the process of securing 100 anime / manga characters for this project. The below is the statement of work to integrate Cardano chain with Animoca Moca Network.

The solution is an IP Bank:

1. Enterprise IP Registry – Secure off-chain indexing + CIP-68 compliant on-chain metadata modules.

2. Tokenization Engine – Fractional/non-fractional IP tokens for licensing, rights management, and derivative tracking.

3. Licensing Automation – Smart contract-based, rules-driven royalty flows and permissions.

4. Enterprise Integration Layer – API suite to ingest catalogues from rights holders Sony, Kodansha, Kadakawa, Tatsunopro, Shueisha, Aniplex, and other potential partners.

5. Cross-Chain Compliance – Optional modules for ERC-compatible IP representations (read-only mirroring), with Cardano as the authoritative chain of record.

6. Integration (Bridge) to Animoca Moca Network including Tokenization.

7. Consumer friendly IP discovery with understandable Terms and Conditions for using IP

8. Business oriented dashboards for tracking use of IP

This dramatically reduces licensing friction and opens new monetization paths for creators, publishers, and Japanese entertainment conglomerates or small studios alike.

Describe funding commitments.

Great Wave IP bank is a joint-venture between Antler Ibex and Animoca Brands. Antler Ibex has already engaged with content rights holders in Japan and are in the process of securing 100 anime / manga characters for this project. The below is the statement of work to integrate Cardano chain with Animoca Moca Network. Ibex & Animoca are commiting in-kind capital to on-board Japanese IP holders into the Great Wave IP Bank

Describe your key performance metrics.

The IP Bank generates continuous and predictable on-chain activity tied to:

1. Asset Tokenization Events

   • Every IP entry mints one or more CIP-68 assets

   • Updates to metadata create additional transactions

   • Projected catalog size (Year 1): 1,000–2,500 assets

2. Licensing Executions

   • Each license request triggers a smart-contract evaluation

   • Approvals, rejections, and negotiation updates recorded on-chain

3. Royalty Distribution

   • Automated contract-based payments per usage type

   • High-frequency micro-settlements for music and character usage

4. Governance & Permissions

   • Enterprise multi-sig approvals

   • Rights modifications

   • Derivative approvals logged on-chain

Measurable Outcomes (Mandatory KPIs)

• Dollar Value of Represented IP: $500M+

• IP Assets Tokenized: 1,000–2,500 individual IP records

• Enterprise Integrations: 1 Tier-1 partner + 2 additional publishers

• Active Rights-Holder Wallets: 20–50

• Licensing Transactions Executed: 10–30 enterprise deals

• Cross-Chain Sync Events: 200–500 (view-only)

• Creator/Partner Onboardings: 100+ ecosystem contributors

Projected On-Chain Transaction Volume Projections (Year 1)

• IP Tokenization & Metadata Updates: 15,000–40,000 transactions

• Licensing & Contract Executions: 8,000–25,000 transactions

• Royalty Distribution Events: 2,500–6,000 transactions

  Total Year-1 Projection: 25,500 – 71,000 transactions

These volumes will increase significantly in Years 2–5 as more enterprises are onboarded.

[Your Project and Solution] Solution

Please describe your proposed solution and how it addresses the problem

Architecture

• On-Chain (Cardano):
  • CIP-68, CIP-88, CIP-102 token structures for IP assets
  • Royalty and licensing contracts (Plutus V3)
  • Governance hooks (CIP-1694)
  • Identity & KYC optional modules
• Off-Chain:
  • IP catalog ingestion pipelines (Sony, publishers, rights-holders)
  • Encrypted metadata vault
  • License request and negotiation portal
  • Enterprise CRM integration
• Cross-Chain:
  • View-only representations for Ethereum/L2s
  • [Potential Midnight] Zero-knowledge proof modules for rights verification without exposing full metadata

6.2 User Flow

1. Rights-holder uploads catalog
2. Metadata validated and normalized
3. IP minting into CIP-68 asset class
4. Licensing terms encoded into token rules
5. Royalty streams automatically distributed
6. Third parties (games, studios, creators) request usage
7. Contracts executed on Cardano

6.3 Compliance & Governance

• Rights provenance guaranteed
• Multi-sig enterprise controls
• Region-based licensing restrictions
• Optional government-verified identity integrations for cross-border deals

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7. Tier-1 Enterprise Partner

Why Antler Ibex

Ibex is well connected bringing an enterprise network.

Sony controls:

• Major anime labels
• Music rights catalog (global distribution)
• PlayStation Studios characters
• Aniplex / A-1 Pictures anime IP
• Manga publishing partnerships

Partner Commitment (Antler Ibex and Network)

• Catalog access for pilot (initial 100 IP entries)
• Joint architecture definition
• Co-marketing announcement
• Pilot deployment and internal usage

[Your Project and Solution] Impact

Please define the positive impact your project will have on the wider Cardano community

Expected On-Chain Impact

Transaction Volume Estimate

Year 1 projections:

• 15,000–40,000 transactions from IP minting, updates, and metadata events

• 8,000–25,000 licensing-related transactions

• Royalty distributions: 2,500–6,000 transactions

Total Tokenized Assets (Year 1)

• 1,000–2,500 IP assets (characters, storylines, music stems, anime properties)

Total Value Represented On-Chain

• Estimated $500M+ notional rights value (non-financial tokenization)

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10. KPIs

• KPI 1: 1,000–2,500 IP assets tokenized on Cardano

• KPI 2: 25k–60k on-chain transactions in first 12 months

• KPI 3: 10+ enterprise-level licensing executions using Cardano

• KPI 4: Integration with at least 1 major Japanese entertainment conglomerate

• KPI 5: Public dashboard showing real-time IP registry statistics

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11. Business Model

Primary revenue streams:

• Enterprise subscription for registry + dashboards

• Tokenization/minting fees

• Licensing execution fees

• Royalty contract settlement fees

• Data & analytics service for publishers

• Optional cross-chain metadata sync services

[Your Project and Solution] Capabilities & Feasibility

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Antler Ibex is the world’s first full-service vertical growth engine for established corporates. Backed by Antler, the world’s most active early-stage VC (with 1,500+ investments globally with $1.2B AUM), and led by a seasoned team of venture and growth specialists, Ibex helps corporates strategically engage with the $3.5 trillion global venture economy to unlock growth (organic, inorganic, and transformational)

Track Record:

• Delivered innovation programs for leading enterprises, including leading financial institutions
• Proven ability to run structured PoC programs that convert problem statements into validated enterprise pilots.
• Large Network of corporate partners and connections in Japan (Banks, Real Estate companies, Trading houses, and gaming companies)
• Contributed to various Cardano live products from auctions, audits, minting tools, standards, consulting for IOG, etc.

Team Capability:

• Dedicated Program Manager & Analyst to lead corporate scouting, workshops, and supporting, coordinating PoC Delivery & business case.
• Antler Ibex senior partners to oversee program quality and corporate engagement at the executive level.
• Technical Delivery Partners: Cardano projects, builders and developers to support PoC development and deployment, ensuring PoC meet enterprise-grade standards.
• Genun Games (subsiduary of Ikigai Technologies) has been in Cardano since 2021 and well versed in gaming sector.

Feasibility:

• Clear 6-month phased timeline with Go/No-Go decision points.
• Bringing in experienced Cardano team authors of royalty standards and shipping other products to mainnet.
• Transparent budget (750K ADA) with co-funding contributions from corporate for PoC development.
• Proven corporate network in Japan already exploring blockchain adoption.
• Established program management, reporting, and accountability processes from running global-scale innovation programs.

In summary: Antler Ibex’s combination of corporate access, delivery experience, and technical capability ensures the program will be delivered with high trust, accountability, and impact for both corporate and the Cardano community.

[Milestones] Project Milestones

Milestone Title

Architecture & Standards Definition

Milestone Outputs

• Complete end-to-end system architecture including CIP-68/88/102 token models, licensing and royalty contract blueprint, governance hook design (CIP-1694), and cross-chain view structures.
• Partner-aligned legal and IP rights tokenization framework establishing rules for catalog ingestion and licensing behavior across markets.

Acceptance Criteria

• Architecture must be reviewed and jointly approved by Antler Ibex technical leadership and the enterprise partner, demonstrating complete lifecycle coverage from catalog ingestion through tokenization, licensing contracts, and royalty engine logic.
• All data models, governance rules, and compliance structures must reach internal readiness for implementation.

Evidence of Completion

• PDF architecture pack, signed off by both engineering leads and partner representatives.
• Recorded workshop sessions confirming review and alignment.
• Repository commits showing finalized schemas and contract interface definitions.

Delivery Month

2

Cost

75000

Progress

10 %

Milestone Title

IP Ingestion & Metadata Pipeline & Off-Chain Core

Milestone Outputs

• Deployment of metadata ingestion pipeline capable of processing partner IP catalogs, applying normalization rules, and securely storing encrypted entries.
• Ability to ingest IP operating with early catalog test sets.
• Initial structure for the license negotiation portal delivered.

Acceptance Criteria

• Pipeline must ingest real sample metadata from partner and demonstrate successful normalization, validation, encryption, and internal indexing.
• IP ingestion adapter must create and update catalog-linked enterprise records.

Evidence of Completion

• Logs and screenshots from ingestion runs, sample CRM interactions, Git commits documenting ingestion logic, and relavent integration tests.
• PDF summary documenting ingestion performance and partner sign-off.

Delivery Month

4

Cost

110000

Progress

30 %

Milestone Title

Testnet MVP & Pilot Tokenization

Milestone Outputs

• Registry, tokenization pipeline, and licensing smart contracts deployed to Cardano testnet with fully functional CIP-68 asset minting for first 100+ IP catalog entries.
• Royalty engine deployed to testnet generating simulated royalty distributions.
• Enterprise dashboard v1 allowing secure browsing, verification, and interaction with catalog entries.

Acceptance Criteria

• Testnet contracts must correctly mint tokens, enforce licensing constraints, and execute simulated royalty distribution transactions. Partner must confirm catalog accuracy and licensing rule correctness.
• Dashboard must expose searchable, filterable asset data with on-chain links.

Evidence of Completion

• Testnet TX hashes for token mints, licensing flows, and royalty test events; dashboard demo video; partner sign-off document confirming expected behavior.
• Git commit logs showing deployed artifacts and rule engine logic.

Delivery Month

6

Cost

120000

Progress

60 %

Milestone Title

Governance & Compliance Integration

Milestone Outputs

• Implementation of governance hooks (CIP-1694), multi-sig enterprise permissions, region-based licensing restrictions, and policy-driven compliance logic linked directly to the licensing smart contracts.
• Enterprise workflows integrated for rights provenance, approval chains, and licensing decision routing.

Acceptance Criteria

• Governance controls must enforce multi-sig permissioning and block unauthorized contract interactions. Compliance policy enforcement must restrict licensing based on region, rights tier, and enterprise rules.
• Partner must validate that processes meet internal review, audit, and compliance expectations.

Evidence of Completion

• Governance test logs, multi-sig enforcement recordings, compliance logic execution transcripts, updated documentation, and partner approval.
• Repository commits demonstrating integration of governance and compliance layers.

Delivery Month

8

Cost

140000

Progress

80 %

Milestone Title

Mainnet Preparation, Audit & Co-Marketing Setup

Milestone Outputs

• Full external security audit of the licensing smart contracts, royalty engine, registry, and governance modules, with all high-severity issues remediated.
• Load-testing and performance benchmarks completed for ingestion, dashboard, and negotiation portal.
• Cross-chain view-only representations for Ethereum/L2 deployed.
• Co-marketing plan prepared jointly with enterprise partner.

Acceptance Criteria

• Audit must return no critical vulnerabilities, and performance testing must demonstrate system readiness for enterprise-scale catalog ingestion and licensing actions.
• Co-marketing plan must outline launch messaging, jointly approved assets, and communication channels.

Evidence of Completion

• Audit report, load-test benchmark results, ETH/L2 demo of viewing, and signed co-marketing plan
• recording of demo and link to testable environment

Delivery Month

10

Cost

155000

Progress

80 %

Milestone Title

Mainnet Launch & Enterprise Adoption

Milestone Outputs

• Production deployment of registry, ingestion pipeline, licensing smart contracts, royalty engine, dashboard, and governance modules on Cardano mainnet.
• Enterprise partner processes first production licensing requests, generating real royalty transactions.
• All co-marketing activation goes live alongside the release of the public KPI dashboard.

Acceptance Criteria

• Initial partner catalog must be successfully tokenized on mainnet and licensing requests executed fully through the live contract pipeline.
• Royalty distributions must be visible on-chain, and public KPI dashboard must display real adoption metrics including catalog growth, licensing volume, and transaction count.
• Close-Out Report, Close-Out Video, and milestone approvals submitted.

Evidence of Completion

• Mainnet transaction hashes for mints, licensing operations, and royalty payments; public KPI dashboard link; co-marketing announcement samples.
• Submission of Close-Out materials and reviewer-approved milestone records.

Delivery Month

12

Cost

150000

Progress

100 %

[Final Pitch] Budget & Costs

Please provide a cost breakdown of the proposed work and resources

Budget Overview

Total Ask: ₳750,000

Allocation

• Engineering (smart contracts, API, platform, crosschain integrations) – 40%

• Enterprise integration + catalog ingestion – 30%

• Legal/compliance/rights analysis – 15%

• PM + reporting – 10%

• Marketing & co-marketing – 5%

No retroactive funding request.

No giveaways or discretionary reward distributions.

[Final Pitch] Value for Money

How does the cost of the project represent value for the Cardano ecosystem?

Post-Project Sustainability

Enterprise-grade revenue stability

• The subscription model and long-term partner engagement create predictable, recurring revenue streams that sustain continued platform development without relying on Catalyst funding.

High-leverage adoption through multi-publisher onboarding

• Once the initial enterprise integration is complete, onboarding additional labels or catalogs is low-marginal-cost and high-impact, allowing new publishers, studios, and rights-holders to integrate with minimal additional engineering expenditure.

Automated licensing and royalty transactions drive continuous on-chain activity

• Each licensing request, approval, usage event, and royalty distribution creates measurable Cardano transactions. As catalogs expand across anime, games, music, and film, transaction volume scales independently of Catalyst funding.

Global catalog expansion unlocks compounding ecosystem benefits

• A working enterprise framework for rights tokenization opens the door to additional publishers and labels, turning Cardano into a reference chain for entertainment metadata, asset provenance, and cross-border licensing activity.

Strengthens Cardano’s presence in Japan’s entertainment and IP sectors

• By working with a partner deeply connected to Japanese publishers, game studios, anime houses, and media rights organizations, Cardano gains early positioning in a sector that controls some of the world’s largest entertainment IP libraries.

Creates a globally reusable metadata and licensing standard

• The system formalizes a tokenization architecture for IP rights—CIP-aligned and enterprise-tested—which can be adopted by gaming platforms, music labels, filmmakers, and creative marketplaces.
• This establishes Cardano as the ecosystem standard-setter for digital rights on blockchain.

High ROI relative to Catalyst investment

• Catalyst funds a one-time integration, but Cardano benefits from:

– recurring enterprise usage,

– continuous transaction generation,

– additional catalogs onboarded over time,

– expanded market credibility with Tier-1 partners.

• The cost to Catalyst is fixed, but the adoption curve grows exponentially as more IP libraries are added.

[Self-Assessment] Self-Assessment Checklist

I confirm that the lead applicant is a verified legal business entity.

Yes

I confirm that the lead org has a ≥2-year track record, and the consortium collectively has ≥$5M in verifiable annual revenue.

Yes

I confirm that evidence of collaboration with a qualified Tier-1 enterprise is provided.

Yes

I confirm that the proposer and all team members are in good standing with prior Catalyst projects.

Yes

I confirm that the proposal is for mature R&D or integration, not an early-stage concept or core infrastructure.

Yes

I confirm that evidence of a mature product is provided, with a clear integration plan if not already on Cardano.

Yes

I confirm that all key partners, including the Tier-1 collaborator, are clearly identified.

Yes

I confirm that a clear statement of the partner's in-kind or financial contributions is included.

Yes

I confirm that the proposal provides verifiable references (e.g., LinkedIn, portfolio) for key team members.

Yes

I confirm that the proposal includes clear KPIs for adoption (e.g., transaction volume, user growth). Forecast for projected on-chain transaction volume is provided with adequate justification.

Yes

I confirm that delivery is ≤ 12 months with clear milestones.

Yes

I confirm that the proposal includes a co-marketing or community engagement plan to amplify Cardano's visibility.

Yes

I confirm that the proposal budget is for future work only, not for completed tasks. No incentives, giveaways, private treasuries and regranting are included in the budget.

Yes

[Required Acknowledgements] Consent & Confirmation

I Agree

Yes