Can anyone explain me, I found that copytrack team will deploy its own blockchain ant swap ERC20 tokens into the platform native tokens in q2 2018. Is that true? Are the going to rely on etherium network or copytrack will launch its own blockchain register?
I think they want to create their own blockchain register, apart from Ethereum network.
They reserves for blockchain development (20%) of their tokens.
"CPY tokens are used for licensing and payments on the Copytrack blockchain. Theyre the native tokens of the blockchain, enabling automated payments to rights holders based on licenses they design themselves."
"Development of a blockchain-based copyright system the Global Copytrack Register took place throughout 2017."