Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. IP is protected in law by, for example, patents, copyright, and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.
ICOs which are purely based on Intellectual Property is- Vaultitude, Loci, Kakushin. I liked Vaultitude a lot. Vaultitude is all about blockchain-based IP protection & management software solution that revolutionizes the protection of innovations and all forms of intellectual property. Then there is Loci, which I didn't like much. Kakushin, on the other hand, is one of the potential ICOs I have seen. Kakushin allows innovators to search and register for any patent on Kakushins IPR, Kakushin has greatly reduced the difficulty that innovators face in establishing basic copyright protection for their innovations and for reducing the ill-effects of copyright violations and so, I would recommend Kakushin for all those who are looking for an IP based ICO.