Key Points
- IPV token is up by 46% today.
- The token has a current market of $570 million.
IPVERSE (IPV) token is up by about 46% today and the token has a market cap of $570 million.

The team behind the project announced via their X account that IPVERSE unveiled an innovative blockchain-based IP service RWA system.
They also noted that this transforms real-world assets such as music, art, characters, and games into blockchain tokens for secure management of tangible and intangible assets as well as personal data.
IPVERSE unveils an innovative blockchain-based IP service RWA system! Transform various real-world assets like music, art, characters, and games into blockchain tokens for secure management of tangible and intangible assets as well as personal data. #IP #RWA #IPVERSE pic.twitter.com/NcIRA9ygVy
— IPVERSE_Official (@ipverse) June 4, 2024
What is IPVERSE (IPV)?
The IPVERSE ecosystem’s main target, according to the team behind the project is to “contain every IP in every field.”
They are developing a blockchain-based IP comprehensive data service platform that offers and protects creation, information, and personalized data under the mission of “creating a world where everyone can easily trade IPs in various fields such as art, culture, and technology.”
At the base, IPVERSE creates an ecosystem where creator-centered data is collected, managed, and used.
Problems with fees and participation methods experienced in IP transactions will be resolved via IPVERSE and will ensure that creators and users alike have the right to enjoy content safely.
IPV is the ecosystem’s token and it serves as a medium of exchange that enables various services and transactions related to IP management and protection.
The platform’s focus on secure and efficient IP transactions makes it a promising solution for creators and users as well, with the target of resolving the issues in the IP industry via innovative blockchain tech, according to the team behind the project.
Also, besides the core use case, IPVERSE extends its utility to other applications.
It supports staking mechanisms, allowing holders to earn rewards, in other words, incentivizing participation and investment in the ecosystem.
Also, IPVERSE plays a role in supply chain management, offering a transparent and immutable record of transactions and ownership. This is important in industries where verification of authenticity and provenance is essential.