# KOR Protocol

> KOR Protocol is an onchain clearinghouse for creative assets that records rights, connects works with demand, and settles licensing and royalty payments.

- Canonical URL: https://iq.wiki/wiki/kor-protocol
- Categories: Projects & Protocols
- Tags: Payments, AIInfrastructure, Base, Infrastructure
- Created: 2026-11-12T17:17:45.643Z
- Last updated: 2026-11-12T17:17:45.643Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

---

**KOR Protocol** is an onchain clearinghouse for creative assets, designed to verify information about works, connect them with commercial demand, and settle payments among creators and other participants. Built on [Base](https://iq.wiki/wiki/base), it focuses on rights-aware transactions for entertainment and AI-native workflows, using asset records, licensing terms, and [stablecoin](https://iq.wiki/wiki/stablecoin) payments rather than operating its own [blockchain](https://iq.wiki/wiki/blockchain). KOR Foundation launched the protocol on May 7, 2024, and it was founded by Inder Phull.[\[1\]](#cite-id-3cu7ba5zlc)​[\[2\]](#cite-id-10h2himbj2)​[\[5\]](#cite-id-kvm3997ze3)​

## Overview

KOR functions as a clearinghouse layer for recording creative assets and their rights-related information, connecting that information to potential commercial use, and settling transactions. It is deployed on [Base](https://iq.wiki/wiki/base) and uses existing [blockchain](https://iq.wiki/wiki/blockchain) infrastructure rather than operating its own chain.[[1]](#cite-id-3cu7ba5zlc)

The protocol is organized around Verify, Settle, and Route. Its current release focuses on Verify and Settle, while Route—the engine intended to match verified assets with demand—remains in development.[[1]](#cite-id-3cu7ba5zlc)

## History

KOR’s positioning has evolved from music [metaverse](https://iq.wiki/wiki/metaverse) and [non-fungible token (NFT)](https://iq.wiki/wiki/non-fungible-token-nft) projects toward intellectual-property infrastructure and an AI-focused clearinghouse. In a May 28, 2026, post, the KOR Team described the project as an “AI Clearing House” intended to help artists, platforms, rights holders, and partners coordinate what has been created, where it should go, and how resulting value should move.[\[4\]](#cite-id-dl7vtiv11d)​[\[3\]](#cite-id-yiabny2tox)​

KOR Foundation announced the launch of KOR Protocol on May 7, 2024.[\[5\]](#cite-id-kvm3997ze3) On October 12, 2024, KOR Protocol’s official X account was reported to have been compromised and to have posted phishing tweets.[\[6\]](#cite-id-gykw3e60nh)​

## Architecture

KOR describes its protocol as an onchain clearinghouse, not a [blockchain](https://iq.wiki/wiki/blockchain): it uses existing chains and does not operate sequencer or [validator](https://iq.wiki/wiki/validator) infrastructure. Its current deployment is on [Base](https://iq.wiki/wiki/base), which KOR selected for its transaction finality and low costs, access to [Coinbase](https://iq.wiki/wiki/coinbase)’s user base, native [USDC](https://iq.wiki/wiki/usdc) support, and compatibility with standards and account-abstraction tools. KOR says this provides a common settlement rail for agents paying creators in different locations.[\[1\]](#cite-id-3cu7ba5zlc)​

The protocol is organized around three engines:

* **Verify** registers creative assets and records information about their origin, ownership, and clearance state. Each asset receives a canonical onchain identifier and an attestation graph that can record changes in licenses, derivatives, and commercial relationships. KOR derives clearance status from this graph.[\[1\]](#cite-id-3cu7ba5zlc)
* **Settle** distributes value among participants when a transaction closes. Programmatic, stablecoin-denominated splits are executed atomically, and settlements create a timestamped record of transactions such as licenses, brand deals, synchronization uses, and micropayment queries, including counterparties.[\[1\]](#cite-id-3cu7ba5zlc)
* **Route** is intended to connect verified assets with demand through specialized agents that have onchain identities, declared capabilities, and reputation scores. Its planned functions include matching, curation, pitches, workflows, and deal-flow handoffs. Route remains in development; the current release focuses on Verify and Settle.[\[1\]](#cite-id-3cu7ba5zlc)

Four core primitives support the current Verify and Settle functions. IP Assets register works—including music, video, images, and code—with an onchain identifier and an attestation graph initially seeded with an ownership claim. Token-Bound Accounts, using ERC-6551, give each asset its own wallet to hold assets, receive payments, and execute transactions; KOR distinguishes these accounts from creators’ personal wallets. Licensing attaches permitted uses, conditions, and prices to intellectual property, with terms enforced by code. Royalty Distribution divides income according to rules set in advance; splits can be updated through attestations as commercial relationships change.[\[1\]](#cite-id-3cu7ba5zlc)​

The technical roadmap lists [ERC-721](https://iq.wiki/wiki/erc-721) asset identifiers and ERC-6551 token-bound accounts as live. [ERC-8004](https://iq.wiki/wiki/erc-8004) agent identity and reputation, [x402](https://iq.wiki/wiki/x402) HTTP-native [stablecoin](https://iq.wiki/wiki/stablecoin) payments, and ERC-7683 cross-chain intents are listed as coming; the technical documentation also describes ERC-8004 and x402 as part of the planned development of agent-based routing and payments.[\[1\]](#cite-id-3cu7ba5zlc) [\[4\]](#cite-id-dl7vtiv11d) 

KOR says the protocol layer—including its registry, attestation graph, settlement contracts, and licensing—is permissionless and open to builders. Its products use that infrastructure to register assets, attach provenance information, integrate licensing, or settle transactions.[\[1\]](#cite-id-3cu7ba5zlc)​

​[MEXC](https://iq.wiki/wiki/mexc) reported that it had not identified complete public audit reports for KOR’s core [smart contracts](https://iq.wiki/wiki/smart-contract).[\[4\]](#cite-id-dl7vtiv11d)​

## Products

KOR’s product suite includes applications for music creation, artist operations, creator communities, and social-media content:

- **Pacer** is an AI operating system for music careers. KOR describes it as supporting release planning, playlist pitching, content, and distribution strategy; a 2026 KOR Team post also characterizes it as helping artists and teams turn data into action across strategy, marketing, creative work, and artist-and-repertoire activity.[[2]](#cite-id-10h2himbj2)[[3]](#cite-id-yiabny2tox)
- **Korus** is an interactive music-remix and creation platform for collaboration between artists and fans. KOR says it registers outputs with authorship and provenance attached at creation.[[2]](#cite-id-10h2himbj2)[[1]](#cite-id-3cu7ba5zlc)
- **KOR Hubs** connects creators, partners, and audiences. Its features include music stem-pack sales, remix competitions, courses, paid feedback, and community-building; KOR also describes protocol settlement for subscriptions, fan tokens, and gated experiences.[[2]](#cite-id-10h2himbj2)[[1]](#cite-id-3cu7ba5zlc)
- **VRSNS** is a video-generation and repurposing platform for producing content across social platforms and fan pages. KOR says it registers generated assets with provenance metadata so they can be licensed.[[2]](#cite-id-10h2himbj2)[[1]](#cite-id-3cu7ba5zlc)
- **Streamline** is a creative-intelligence platform that uses creators’ data and insights from more than 800,000 trending videos to recommend social posts. KOR describes it as extending the Pacer model to creators working in video, visual art, and multiple formats.[[2]](#cite-id-10h2himbj2)[[1]](#cite-id-3cu7ba5zlc)

KOR has also described an artist-fan collaboration model with Beatport in which licensed music stems become “Artist DNA” for fans to remix and own, while artists retain control and participate in the resulting value.[[2]](#cite-id-10h2himbj2)

## Adoption and Industry Context

KOR identifies creators, labels and publishers, agencies and multi-channel networks, platforms, and [AI agents](https://iq.wiki/wiki/ai-agents) as intended users. Their stated needs include establishing asset provenance, managing catalog rights, settling brand deals across markets, obtaining verified intellectual property for platform use, and licensing content through automated transactions.[[1]](#cite-id-3cu7ba5zlc)

In making the case for a clearinghouse, KOR’s May 2026 post cited Deezer’s reports that it received almost 75,000 AI-generated tracks daily—about 44% of its daily uploads—and that AI-generated music accounted for 1–3% of streams on its platform, with 85% of those streams detected as fraudulent and demonetized. The post also cited global recorded-music revenue of $31.7 billion in 2025, its eleventh consecutive year of growth, with streaming accounting for nearly 70% of recorded-music income.[[3]](#cite-id-yiabny2tox)

## Token and Governance

​[MEXC](https://iq.wiki/wiki/mexc) reported that KOR was listed and trading on November 4, 2026.[\[7\]](#cite-id-oeiy0n4xi5)​[\[4\]](#cite-id-dl7vtiv11d) MEXC described proposed token utilities including access to advanced analytics and paid features, possible fee discounts, [staking](https://iq.wiki/wiki/staking) by [validators](https://iq.wiki/wiki/validator), curators, or agent operators, and votes on protocol standards, fee structures, and incentive-fund allocation. These are proposed functions; the available technical materials do not document them as live protocol features. Royalties are settled in [stablecoins](https://iq.wiki/wiki/stablecoin), and the technical materials do not assign KOR a role in the royalty module.[\[4\]](#cite-id-dl7vtiv11d)​[\[1\]](#cite-id-3cu7ba5zlc)​

MEXC described allocation categories including Community Access, Liquidity, Marketing, Ecosystem, Foundation, and team and investors.[\[4\]](#cite-id-dl7vtiv11d)​

## Partnerships

In July 2025, Camp Network acquired a stake in KOR Protocol and announced a partnership that included plans to integrate KOR’s KORUS remix tool. The planned remix packs featured works from Imogen Heap, mau5trap, Plastikman/Richie Hawtin, and Beatport.[[8]](#cite-id-fd9lvbfexn)

## Funding

[MEXC](https://iq.wiki/wiki/mexc) reported that KOR announced a $7.5 million Series A on July 7, 2026, at a stated company valuation of $100 million. The round included 1kx and [Blockchain Capital](https://iq.wiki/wiki/blockchain-capital); other named investors and backers included Republic Crypto, [Animoca Brands](https://iq.wiki/wiki/animoca), Sfermion, Alumni Ventures, and SevenX.[[4]](#cite-id-dl7vtiv11d)

## Team

KOR was founded by Inder Phull, who previously co-founded Pixelynx, a music and gaming venture later acquired by [Animoca Brands](https://iq.wiki/wiki/animoca). The KOR Team describes Phull as having more than a decade of experience across music, entertainment, gaming, and [blockchain](https://iq.wiki/wiki/blockchain), and says he has helped build projects with Black Mirror, Beatport, mau5trap, Pioneer DJ, and Spinnin’ Records. It also reports that he has raised and generated more than $40 million through investments and revenue during his career.[\[3\]](#cite-id-yiabny2tox)​

​[MEXC](https://iq.wiki/wiki/mexc) reported that Ritty Quin was appointed chief executive officer in late 2025.[\[4\]](#cite-id-dl7vtiv11d)​

## Limitations and Debate

An onchain registration records submitted information and provides an asset identifier and history, but it does not independently establish that the registrant legally owns the work. KOR’s own technical design depends on an initial ownership claim, while [MEXC](https://iq.wiki/wiki/mexc) noted that legal rights may be divided—for example, between a song’s sound recording and composition—and can vary by jurisdiction.[[1]](#cite-id-3cu7ba5zlc)[[4]](#cite-id-dl7vtiv11d)

[MEXC](https://iq.wiki/wiki/mexc) also identified the unfinished Route Engine as a constraint on KOR’s ability to connect registered assets with buyers and partners. It raised questions about whether major entertainment-industry participants would delegate commercial matching to a token-based network, and said KOR had not disclosed protocol payment volume. The analysis cautioned that sign-ups may include multiple reward-farming accounts and that KOR’s reported gross revenue does not by itself establish demand for protocol settlement.[[4]](#cite-id-dl7vtiv11d)

MEXC further questioned how commercial activity would accrue value to KOR’s token, noting that the described royalty system uses [stablecoins](https://iq.wiki/wiki/stablecoin) and that the token materials it reviewed did not describe a buyback or burn mechanism.[[4]](#cite-id-dl7vtiv11d)