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What is the purpose of Typerium? Is the creative content application market still underdeveloped?

Apps that connect creative content and users are one of the fastest-growing markets. Yet, no easy way exists to link creators with users. Type Protocol is the app that finally brings them together. With the app, creators can make high-end content that can be used on any platform, linking makers to users and everyone to rewards.

As far as I know, traditional contracts and licensing are slow and expensive.

You are right. Typerium embraces Ethereums smart contract technology to automate all of the complex processes that normally take lawyers, high fees and large amounts of time to get done. Licensing and usage rights are built into Typeriums process. The app also makes it easier to track intellectual property and piracy.

What are the other reasons to use Typerium?

Normal payment processing is complex, expensive and slow. Typerium leverages blockchain technology, which can make payment times much faster than traditional services like PayPal and credit cards. Big marketplaces create additional costs, but the Typerium environment removes big-marketplace overheads from transactions.

Will it help creators to earn money?

Typerium provides a pathway for creative content makers and users of creative content to capitalise on the blockchain economy. It is a marriage of creativity and commerce that rewards makers, users and all participants in the Typerium environment.

The Typerium team has know-how and passion to solve the specific problem (lack of IPR for content creators) they have first-hand experience on due to their background, but they are mainly novices in crypto space.

The ecosystem of the project needs a critical mass of users before the business model is valid for both merchants and consumers. Product is not yet an MVP, and takes considerable time to be completed after the token sale to alpha phase.

The market potential is mass market level, and product appeal is good.

Reaching only soft cap will definitely not allow the project to be taken into beta phase reaching collected amount of money in USD range at least within 8 figures would allow completion of roadmap in a realistic way.