On September 20, with the assistance of the SpringIP NFT2O3D team, Lex Magister launched its first NFTs. The launch is a pioneering work in the global legal community and has innovative significance in promoting IP utilization in the metaverse and the larger professional community.
The first batch of NFTs was immediately sold out, and the distribution plan for the second batch is being prepared.
Exploring New Areas of NFT
In the past few years, NFTs have sprung up like mushrooms after a spring rain, with various industries actively embracing Web3.0. Interesting NFT innovation projects have appeared in sports, music, fashion, and many other fields. In addition to its value as a digital collectible, NFTs also bring participants a brand new Web3.0 experience.
SpringIP NFT2O3D team joined Lex Magister to explore NFT's use cases in the legal service industry. The exploration reflects not only the innovative spirit of the Web3.0 era but also a business judgment on future trends.
Facilitating the Exchange of Ideas among Legal Professionals around the World
Lex Magister is committed to building a community and platform for global lawyers to communicate, cooperate, and learn.It has organized over 100 offline events, advanced legal courses,andlarge multinational legal forums.
Through the issuance of NFTs, Lex Magister hopes to use the concept of DAO to break through geographical barriers and communicate more extensively and deeply with legal professionals worldwide. In the future, members of Lex Magister will be able to contribute and share their business’s value through DAO.
The New DAO Road for the Legal World
The popularization of DAO (Decentralized Autonomous Organization) in Web3.0 marks the arrival of a fairer and increasingly open-minded era. In the world of DAO, there is no centralized authority or monopoly of giant law firms. This new business model may challenge the status quo.
All DAO participants follow the governance structure that "code is law". They contribute and share one another’s experiences and values in the spirit of autonomy within their community.
DAO has embodied the spirit of contracts, which legal professionals uphold tightly. With the technical support of Smart Contracts, DAO has the potential to promote the continuous prosperity and stable development of humankind in the Web3.0 era.
103 ACCESS NFTs
The 103 NFTs issued at this time are divided into two series.
- "Legal Thinking and Controversy" NFTs are based on the articles appraised by more than 100,000 readers on Lex Magister's social account. The titles of these articles reflect the IP associated with the NFTs. The NFTs also empower members with access rights to the conference and global resources organized by Lex Magister.
- "Lex Magister" NFTs connect to the IP of the calligraphic masterpieces of its founder, Mr. Peng Shuai. They also empower the members with rare privileges, such as dinner parties, tea parties, and face-to-face dialogues with celebrities.
The NFTs have both collection and empowerment value. The NFT2O3D team takes reference from the Vee friends NFT launched by a knowledge-based internet celebrity Gary Vee, and tailor-made the launch according to compliance requirements through the "Two-Objects Three-Dimensions" methodology.
Demystifying "Two-Object Three-Dimensions" in the Launch
2O3D, short for “2 Objects, 3 Dimensions”, is a methodology created by Dr. Jili Chung to analyze NFTs. This methodology helps to analyze NFT projects from three dimensions, i.e., the NFT itself, rights (such as IP) associated with the NFT, and the interaction between the virtual and real worlds being bridged by the NFT.
In the past, the SpringIP team found that the public had many misunderstandings about NFT products. Most people saw the appearance of NFTs and lacked a comprehensive and systematic understanding of these commodities.
With this effective analytical tool, investors, project planners, and NFT issuers can quickly draft up their NFT projects and build a novel business model using Web 3.0.
Take Lex Magister's NFT project as an example – their provided services are pretty diverse. Through 2O3D methodological analysis, SpringIP extracts the IP from the business activities and turns it into the primary material for building NFT products. The NFTs are also associated with a set of rights or privileges to constitute an NFT privilege system and DAO's operational guidelines for the participants.
The SpringIP NFT2O3D Team is the IP Architect of the Metaverse
SpringIP NFT2O3D team is the IP architect of the metaverse, focusing on exploring the metaverse's new IP strategies and enabling the global operation of NFT. Through this, clients can achieve their business goals in realizing the total value of their IP in international markets and manage their global assets through IP investment.
NFT2O3D's analytic methodology helps to manage the risks of NFT projects, participation in the global metaverse, and capturing Web 3.0 business opportunities.It will help clients focus on global IP wealth creation without worrying about complicated technicalities and compliance details.
The SpringIP NFT2O3D team has planned NFT projects in several fields, including illustration, printmaking, film, professional services, traditional culture, branding, fashion, wine, tourism, and non-profit public affairs initiatives.