Licensing

Licensing

TIG employs a unique approach to capture value by securing intellectual property rights for the methods submitted by innovators and creating incentives for third parties to license them. The TIG Foundation, which manages the IP generated within the ecosystem, offers two types of licenses to cater to different use cases and ensure a balance between open collaboration and commercial viability.


TIG Open Data License

The first type of license is the TIG Open Data License, which allows free use of the IP in exchange for sharing data and code. This license is designed to promote open collaboration, transparency, and the rapid advancement of algorithmic innovation. By encouraging the sharing of resources and knowledge, the Open Data License fosters a vibrant community of researchers, developers, and scientists who can build upon each other’s work and accelerate the pace of discovery.

TIG Commercial License

The second type of license is the TIG Commercial License, which permits the use of IP without the requirement to share data or code in exchange for a fee payable in TIG tokens. This license is tailored for organizations and individuals who wish to leverage the cutting-edge algorithms developed within TIG for commercial purposes while keeping their own data and code proprietary. The Commercial License provides a means for TIG to generate revenue, which is then reinvested into the ecosystem to incentivise further innovation and reward contributors.


The combination of these two licensing models creates a unique hybrid approach that ensures the value generated by algorithmic innovations is captured and reinvested into the protocol while providing flexibility for different use cases and business models. This approach also enables TIG to strike a balance between the principles of open science and the need for financial sustainability.

By offering the Open Data License, TIG encourages the widespread adoption of the algorithms developed within its ecosystem, leading to increased visibility and impact for the innovators. As more researchers and developers build upon and refine these algorithms, the overall value of the IP held by the TIG Foundation grows, benefiting all stakeholders in the ecosystem.

At the same time, the Commercial License allows TIG to tap into the growing demand for advanced algorithmic solutions across various industries. As businesses recognise the potential of these cutting-edge algorithms to drive innovation and efficiency, they are incentivised to obtain the Commercial License, creating a steady stream of revenue for the TIG ecosystem.

The revenue generated through the Commercial License is reinvested into the protocol providing continual rewards for Innovators and Benchmarkers. This virtuous cycle ensures the long-term sustainability and growth of the TIG ecosystem while maintaining its commitment to open collaboration and the democratisation of algorithmic innovation.