rNFT Features

The rNFT framework on Paradox AI ensures digital asset integrity through three key pillars:

Flexible Management: Paradox AI introduces a dynamic feature that allows cNFTs to be temporarily removed from their rNFT framework, enabling them to operate as standalone NFTs. This process is reversible, offering users the ability to reintegrate cNFTs into an rNFT whenever desired. Despite these changes, cNFTs maintain their on-chain identity and metadata, ensuring their history and attributes are preserved. This flexibility enhances user control and adaptability within the Ringfence ecosystem.

Differential Value of Components: cNFTs possess varying values based on their origin, whether original uploads or AI-generated by Paradox AI, with original content generally holding a higher value. This highlights each component's unique contribution to the rNFT's overall worth.

Immutability of Components: Users can grant a one-time, non-revocable permission for their images to be used for the training of AI within the platform. This irreversible decision is balanced by the assurance that key metadata, like the creation date, remains immutable post-minting. This setup preserves the core identity and authenticity of the image, ensuring transparency within the ecosystem.

‍

rNFTs as Multifunctional Assets

rNFTs have two key functions on Paradox AI. Each provides an important benefit to the platform itself and a financial benefit to the rNFT owner:

As Data Assets

Building a neural network with 100% authorized data requires a vast amount of data. Some of this data is readily available through open sources, but the bulk of data will come from rNFTs on Ringfence and ethically-sourced data from Ringfence’s partners. rNFTs allow us to track dataset contributions and pay those who provide their data and content to train Ringfence AI.

As IP Assets

rNFTs carry all IP associated with a collection of work and provide one easily licensable contract. This means that all cNFTs will attribute their IP to the rNFT to which they are assigned. When an rNFT is bought or licensed, all associated IP is granted to the purchaser.