Binded provides photographers a way to create a permanent, public record of their copyright on the blockchain to help protect intellectual property. The company rebranded from Blockai to Binded to emphasize a legally binding record rather than blockchain technology. Binded positions its service as an intermediate, less time-consuming and less expensive step than formal registration with the U.S. Copyright Office, aiming to create an independent record that should carry legal weight. CEO Nathan Lands pledged that the core Binded product will always be free. The company plans to add paid services over time, such as the ability to register with the Copyright Office. Binded has raised a total of $1.5 million to date. Blockai provides a drag-and-drop service that records artists', photographers' and other creators' works on the blockchain and issues registration certificates as proof of creation. CEO Nathan Lands positions the product as an intermediate step between formal Library of Congress registration and doing nothing. The company argues that a permanent, immutable blockchain record can serve as evidence in court and can deter infringement without relying on strict DRM. Lands envisions a future universal database for claiming ownership of creations and for paying royalties, and aims to make it simple for people to do the right thing. The startup has raised $547,000 from a group of investors, indicating early external financing for its product and roadmap.

Total raised

$2M

Funding rounds

2

Latest round

Equity

Latest activity

May 2017