Prophet has developed an innovative way to allow musicians and other creatives the ability to sell their creative talents via a unique auction/bidding system. The invention, called Inception, includes the leveraging of blockchain technology to provide copyright ownership proof as well as provenance of a creative asset, to amplify exposure of their work in ways that have yet to be explored.

Its unique bidding system also allows for the combining of an enhanced copyright ownership system, that strives to enhance shared compensation for both creators and collectors alike.

The company expects to introduce their new blockchain platform in in 2024.

To view the patent that is the underlying the technology of Inception, please click here.