Ascribe

Ascribe, founded in 2014 in Berlin, Germany, provides a platform for digital artists to manage ownership and licensing of their artworks. The company has not undergone any significant pivots. Ascribe's CEO, Rick Kieser, has a background in digital content and entrepreneurship.Ascribe's core offering is a platform designed to empower digital artists by facilitating the ownership and monetization of digital artworks through blockchain technology. This platform addresses the challenges faced by collectors and artists in valuing ephemeral digital files, allowing creators to break away from traditional content control and distribution models. Launched in January 2015, Ascribe focused on enabling artists to assert ownership, manage licensing, and establish provenance for their works, creating a secure and legitimate marketplace.Ascribe's revenue generation model centers on facilitating transactions between digital artists and collectors through its platform. The business is structured around licensing fees and transaction-based revenues where artists register their works and can earn royalties from sales or licenses. The process involves artists uploading digital files, establishing ownership and licensing terms, and connecting with interested collectors. Plans include expanding into North America and Asia by 2025 to tap into larger markets of digital creators and collectors.00 mn will support product development and market entry strategies.

1. Seed

   Jun 25, 2015

   Amount

   $2M

   Investors

   Locked