NIMs ecosystem and the Infrastructure

Copyright owners
Copyright owners have created the original content or entities acting on behalf of the creators (investors and administrators). As they are the contributors to any content-based platform, copyright owners and their representatives have a prioritised standing.
The CopyrightChains blockchain is designed to fully incentivise the creators to continuously produce high-quality content, keeping the whole ecosystem robust in the long term.

CopyrightChain is Proof of Content (PoC)
With Proof of Content, members can participate after depositing their content. This is known as a “stake”. Members move their stake. If they try recording false information or doing something against the rules, they risk being thrown out, and their content will be frozen for a time. Members who provide a stake are known as “validators”.

What is a CopyrightChain validator?
A CopyrightChain validator is responsible for verifying transactions on the CopyrightChains. Once transactions are verified, they are added to the ledger. In proof of stake systems like CopyrightChains, validators are given re- wards as long as they stake the network’s token (i.e. NIMs Utility Token). This consensus mechanism also helps secure the network.

A Copyrightchain, or a subnetwork, is a dynamic set of validators (aka computer servers) working together to achieve consensus on the state of a set of blockchains. Each blockchain is validated by exactly one subnet. A subnet can validate many blockchains. A node may be a member of many subnets.
A subnet manages its own membership, and it may require that its constituent validators have certain properties. This is very useful, and we explore its ramifications in more depth below:
CopyrightChains subnet architecture makes regulatory compliance management. As mentioned above, the subnet will require participants (validators) to meet a set of requirements.

This will include:
• It might be located in a given country.
• Must pass KYC/AML checks.
• Must hold a certain license.

o License is given to Copyright owners.
o or their representatives (CMOs, agents NIM etc.)

Application-Specific Requirements
Different CopyrightChains-based applications may require validators to have certain properties. A validator in the CopyrightShares subnet has different tasks than a validator in the Royalty subnet, for example.

CopyrightCoins® Environmental impact.
The sub-chain CopyrightCoins® allows for the creation of smart contracts and is an instance of the Ethereum Virtual Machine (EVM). Deploying smart contracts on CopyrightCoins® costs just a tenth of what they cost on Ethereum. High gas fees, front-running, and other adverse effects of slow smart contract blockchains are not part of the CopyrightChains.
We are determined to deliver more money faster in using as little gas as possible, causing the least possible imprint on climate.
In plain English: We don’t want to pay $10 for a single CopyrightCoins® transfer and up to $25 for a simple CopyrightCoins® exchange transaction at a huge environmental cost!

The Bitcoin network can conduct roughly five transactions per second for an energy cost per transaction of 830kWh.
Ethereum can conduct around 15 transactions per second for an energy cost per transaction of 50kWh.
CopyrightChain can conduct about 4500 transactions per second for an energy cost per transaction of 0.035mWh.

CopyrightCoins® is a blockchain-enabled currency built to facilitate the payment of royalties without an intermediary. Compared to traditional means, CopyrightCoins® is faster, more accurate, and has reporting capabilities fit for the digital age. The current systems, depending on the industry, can take up to 3 years to issue payment – with a loss of up to 70% from administration and transaction costs – to be taken as a loss for the creator.

CopyrightCoins® is part of the NIM services that solve these genuine problems – bringing speed, accuracy, and fairness to the world of royalties – a world that desperately needs and deserves a technology-driven reboot.