Introduction

Countless images have been scraped from the web to train generative AI tools without consent or compensation for their creators. While these same tools have brought enhanced productivity to many creatives, they bring new and complex challenges in copyright management, authenticity, and monetization.

Paradox AI, powered by Ringfence, integrates artificial intelligence (AI) with blockchain technology to offer novel solutions to these challenges, enabling creators to both protect and monetize their digital assets in the new era of AI through Ringfence NFTs (rNFTs).

rNFTs introduce a dynamic approach to digital asset management, facilitating copyright compliance, ownership verification, and new monetization avenues for creators. Ringfence is excited to introduce rNFTs as the world’s first standard for a new kind of asset, Complex Digital Assets (CDAs). These assets are constructed of components which together comprise a complete and licensable real asset.

We believe that Complex Digital Assets have significant potential to impact data integrity and Intellectual Property (IP) rights and transfers, bringing new financial and creative control to creators worldwide. This litepaper presents rNFTs as a key component of the Paradox AI platform, setting the standard for Complex Digital Assets.