Exclusive: Camp Network launches L1 mainnet, token
Camp Network has officially launched its mainnet and native CAMP token, aiming to establish an IP-focused blockchain. The CAMP token is designed to support creator royalties and AI-agent monetization, acting as both a gas and governance token. Co-founder James Chi underscored the need for proper infrastructure to protect intellectual property (IP) in the evolving AI landscape, warning that without it, creators risk losing control over their work. Camp seeks to facilitate the tokenization of content for quick ownership establishment, allowing AI agents to license and utilize this content while providing creators with royalties. The team has previously raised $4 million in seed funding and more in a Series A round. The competition in IP-focused blockchain is recognized, with Camp committed to creating long-term value rather than a transient, pay-to-play model. The ongoing threat from AI to creativity is acknowledged, as are the complexities surrounding ownership and licensing, particularly as legal standards for AI begin to take shape. In a changing environment, the future of tokenized IP may require patience and adaptability from all stakeholders involved.
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