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KOR Protocol is an on-chain copyright clearing protocol for digital content in the AI era, built on three engines: Verify, Route, and Settle. It registers IP as on-chain assets (ERC-721) and uses ERC-6551 token-bound accounts to create independent wallets for each IP, enabling a closed loop of rights confirmation, licensing, distribution, and revenue settlement. The protocol supports music, video, images, and includes AI training data licensing capabilities, providing verifiable copyright infrastructure for creators, platforms, and AI agents.
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About KOR Protocol
KOR Protocol is an on-chain clearinghouse for creative IP (music, video, digital art), built on Coinbase's Base L2. Its core business is threefold: Verify (registering works as ERC-721 NFTs with attestation graphs to prove provenance and rights), Route (connecting verified works to licensees like labels, brands, or AI agents), and Settle (automating royalty payments in stablecoins like USDC). The key innovation is giving each IP asset its own wallet via ERC-6551, enabling autonomous licensing by AI agents at machine speed.
The market pain point: in the AI era, anyone can generate high-quality content, but there is no trusted record of who owns what or which rights are cleared. Licenses are scattered in PDFs and emails, royalty settlements take 30-90 days with 5-10% fees, and AI systems cannot license works at machine speed. KOR addresses this by encoding license terms directly into the IP and automating distribution.
In the past six months (2026-03-12 to 2026-09-12): KOR launched $MIRROR, the official Black Mirror token, giving communities access to shape the franchise's future. KORUS, its interactive remix platform, now features Grammy-winning artists and labels like Imogen Heap and mau5trap. Partnerships expanded to include KDDI (integrating KOR Player for generative AI music in AR/metaverse) and Beatport (Artist DNA remix program). The team also shipped Pacer, an AI agent for music career management.
Negative developments: the Route Engine remains under development, and core functionality still relies on immature standards (x402, ERC-8004, ERC-7683). The project's X account was compromised in October 2024, though no protocol funds were lost. Total revenue of $2M+ remains modest relative to the $100M valuation, and the "AI agents licensing IP autonomously" vision is not yet proven in production.
KOR Protocol completed a $7.5 million Series A funding round at a $100 million valuation, co-led by 1kx and Blockchain Capital, with participation from Republic Crypto, Sfermion, and others. The funds will be used for platform development, ecosystem growth, and partner integrations, with plans to launch a token. This marks capital market validation of the onchain IP clearing infrastructure and lays a financial foundation for long-term growth.
KOR Protocol launched KOR Player, a decentralized music platform. This represents a significant deployment of the protocol in the music sector. Leveraging KOR's verify, route, and settle engines, the platform supports onchain registration, distribution, and revenue settlement of music IP, facilitating machine-speed licensing and transactions for creative assets in the AI era.
In the past six months, KOR Protocol made several key advances in entertainment IP infrastructure. In July 2026, it completed a $7.5 million Series A round led by 1kx and BlockChain Capital at a $100 million valuation; funds will expand licensed music/entertainment IP supply and deepen the protocol stack. Ecosystem growth: 1M+ sign-ups, 400K connected wallets, 1,000+ IP partners, $2M+ gross revenue; partners include Black Mirror, Beatport, mau5trap, Imogen Heap. Product matrix matured: KORUS, Pacer (AI OS for music), VRSNS (video), Streamline (creator AI OS). The protocol runs Verify-Route-Settle engines; current focus is Verify & Settle, while Route is in development for AI-agent asset routing. Roadmap: integrate ERC-8004, x402, ERC-7683 for cross-chain intents, agent identity, HTTP-native payments, building an open clearinghouse from provenance to settlement.
Inder Phull: Founder of KOR Protocol, Co-Founder & CEO of PIXELYNX. Raised over $40M and sold the company to Animoca Brands. Collaborated with deadmau5, Richie Hawtin, and others to develop KOR Protocol and the KORUS platform. Won the IMS Visionary Award.
Ritty Quin: Current CEO of KOR Protocol (appointed late 2025). PhD holder, UCL alumnus, formerly at ByteDance. Web3 marketing expert with 4+ years of experience, led TGEs and growth for L1/L2s. Also a YouTube creator and electronic music producer signed to Live Nation Asia, with Beatport Top 100 chart success.