CXIP Labs

CXIP Labs offers a product that enables innovative non-fungible token (NFT) minting that enables personal smart contracts, verifiable provenance, advanced royalties, and a state-of-the-art level of security.

CXIP Labs attempts to resolve issues found within the NFT marketplace. Currently, every NFT marketplace has its own primitive version of minting, which is fundamentally flawed and fragmented in structure and designed to discourage cross-market compatibility.

Royalties are only accruing if the NFT stays within the marketplace, and if a creator mints or sells an NFT on one marketplace, and the buyer resells it on another marketplace, the creator’s royalties might not get automatically distributed.

CXIP is built to be a standardized marketplace-agnostic NFT minting technology and is a foundational grassroots movement developed to enable a better NFT minting process. It does this by offering innovations designed to establish specific standards and safeguards that protect and empower creators.To achieve this, CXIP offers specific minting features, including creator-owned personal smart contracts, cross-market royalties, authenticated provenance, double-layered permeance with IPFS and ARWEAVE, copyright protection, carbon-offsetting with AERIAL, and is fully marketplace agnostic.

CXIP allows creators to mint NFTs, which are fully verified through the usage of personal smart contracts that feature perfect provenance, cross-market royalties, a guaranteed level of metadata storage, and carbon offsetting.

CXIP has developed an ERC1155 / ERC721 compliant smart contract called “PA1D” through the usage of innovative logic which can respond properly within each marketplace’s request for royalty information. PA1D essentially stores and converts creator royalty information within a format and response that each marketplace can understand, ensuring a guaranteed payout, no matter which marketplace the NFT sells.

This is a mechanism that stays up to date through logic rules and configurations found within each marketplace and ensures that the creator contract relays and receives proper royalty information to and from within each marketplace. This guarantees a full collection and distribution of resale royalties for the entirety of the lifespan of the NFT in question.

CXIP mints every single NFT to an individual creator's identity on-chain, where every NFT is "signed" by the creator through the utilization of wallets or verified proxy wallets. This creates authenticated provenance for every NFT and gives every NFT creator an established identity on-chain, where they can essentially mint as well as store all of their NFTs across every single marketplace.

CXIP employs a gold-standard double-layered NFT permanence, where for every NFT minted with CXIP, the information is seeded to both IPFS and Arweave. This ensures that every NFT can be stored permanently on multiple decentralized servers.

CXIP enables creators to seamlessly apply their work for copyright registration throughout the minting process or at any point in time afterward, which, in turn, gives them the opportunity to protect their work the moment they end up minting it.

CXIP Minting launched on Ethereum as the first chain due to the fact that ETH still controls more than 90% of the current NFT market activity. However, CXIP has integrated Aerial’s carbon offsetting tool directly into the minting process with the goal of giving creators the choice to add it on.