Copyright Securities

Registration and trade of Copyrights and Intellectual Property Rights in Sweden.

The parliamentary motion:

1. Online copyright registration is performed under regulative supervision by the Swedish authorities similar to existing company equity registration and trading.
2. All royalties paid to copyright owners are under Swedish taxation, considered non-fungible equity security.

Background
We are witnessing the rise of a consumer-creator model that has broken down the barriers to the creation and distribution of content.
There are more songs, videos, books, articles and photos being produced today than ever before. Also, we have new and evolving digital media like podcasts and video games, and exciting new creative technologies like 3D printing and virtual reality.
Emerging artists and creators are benefiting from open, instant, and, in many cases, free access to a critical mass of users via online distribution platforms, as well as from dedicated platforms aiding in production, distribution, monetisation, and audience development.
However, the probability to get paid for this creativity is often an illusion.
The Music Industry.
The world’s three leading pop-music nations today.
USA: 318 million people
UK: 60 million people
Sweden: 11 million people
Sweden is one of the world’s biggest exporters of music relative to the size of its economy. However, it’s also pulling the talent away from Sweden. Talent not only in creators but also in the world leading music platforms like Spotify and Soundcloud.
Missing income
Collecting societies like STIM has a 2 billion SEK turnover, representing some 10% of the music turnover in Sweden. However, music icons like Max Martin had a 172 million SEK turnover in 2017 (7 out of 10 top hits in 2016) gives an estimated value of his work alone to 1,7 billion SEK.
Creators like Max Martin have very tight control over their creations in Copyright and IPR. However, as the Swedish film “Looking for Sugarman” showed there is an enormous market that is totally off any regulative radar in any country. Close to 70 billion in the so-called black box (i.e. royalties that nobody “owns” with a sort of “finders-keepers” attitude.
The entire music industry is expected to grow to SEK 400 Billion by 2030, driven by streaming which is expected to generate SEK 300 billion (80%) of total revenue.

Given the leading role Sweden occupies in the music industry, one can only guess what kind of income and consequently taxes that go to any other country than Sweden.

The solution

Regulated
A regulated and transparent registration process for copyrights and intellectual property rights is the basis for a fairer and more transparent payment of royalties for all content and across all media, especially in the digital environment of the Internet.
Copyright registration places on record a verifiable account of the date and content of the work in question so that in the event of a legal claim, or case of infringement or plagiarism, the copyright owner can produce an accurate copy of the work from a reliable source.
Trading

Copyright ownership is very lucrative, especially for the most famous songwriters, artist, photographers, journalists, writers, film producers etc. There is a market for trading in copyright ownership and shares representing parts of this ownership.
The fact that trading in copyrighted content and arts are the last area of money laundering and terrorist funding is an excellent reason to get all registration and trading of copyright, arts and content regulated.

Just as in traditional equity trading where shares in a company entitle the owner to dividend when the company are doing well, shares in a copyrighted content is entitled to royalties when the content is popular.
The equity market uses ledgers to manage stock trades, reconciliation, payments and settlements, clearing, and share registration. Disparate ledger systems drive the entire equity trading at its core. Something that makes the equity market a basis for a reconstructed content equity and trading market.
The best news is that the system capable of handling this is freely available on a non-profit basis.

By being the first in the world to regulate the registration and trading in Copyrighted content, Sweden is not only looking at additional taxation in the billions but contributing actively to create a sustainable income basis for creative people and secure Swedens role on the worlds creative arena.

Cheat sheet

Copyright Securities (CSec), regulated securities brokered by an accredited investment house and/or broker.
The Internet Media Copyright Association (IMCA) governs CopyrightCoins
CoipyrightCoins (CCIM) — the currency of royalties.

Status

IMCA issued 25 billion Copyrightcoins whereas 24 billion is unavailable under escrow contract.
Of the 1 billion available, 700 million CCIM is ONLY available to proven Copyright owners. 150 million CCIM is available to core team and advisors to the ecosystem (17,144,460 CCIM are allocated per 25th November 2018. However many redemption codes are not activated yet).
Only 150 million CCIM is available on the “free” market (0.6% of total and 15% available today), something that will gradually change as the Copyright Owners will release their CCIM into the market pegged to their royalties income.

The IMCA policy and Copyright Securities

The policy is to maintain Copyrightcoins (CCIM) price stability at a minimum of 1 Euro = 1 CopyrightCoin — always backed by the flow of royalties under exclusive administration.
To secure exclusive administration right of musical works, IMCA is offering to pay advances to the copyright owners and have allocated 700 million CCIM to that effect. In addition to 150 million Euro Copyright Securities investment, all secured in audited and proven royalties income. These 150 million (plus interest) will NEVER leave the ecosystem, as soon as recouped it will be available for additional advances.

An example and likely to change!

For each invested Euro, the investor(s) are committed buying one CCIM for 0.67 Euro. With the base of 1 CCIM = 1 Euro (secured in royalties) an instant CCIM profit of 0.33 Euro is guaranteed (any profit beyond the basis is dependent of ask/bid in the exchange).
Of the 0.67 per CCIM price, 0.59 is allocated to payment of interest in the minimum investment period of 3 years.

IMCA has defined the fixed interest rate on invested capital at 19.50 % per annum.
The fixed interest rate is only available for investors that also buy the allowed quota of CCIM at 0.67 Euro per CCIM.