A system to manage digital assets comprising:
- a processor;
- and
- a memory coupled to the processor, wherein the memory comprises a set of program instructions in the form of processing subsystem, configured to be executed by the processor, wherein the processing subsystem is hosted on a server, wherein the processing subsystem comprises a plurality of modules, wherein the plurality of modules comprises:
- a blockchain-based compliance module is configured to:
- track a plurality of transaction-related sources on a blockchain platform by associating a plurality of transaction-related data entities;
- identify and store transaction-related data corresponding to the plurality of transaction-related sources;
- determine and ensure compliance with laws applicable to varying jurisdictions and equivalent regulations of a corresponding governing body for compliance using one or more inputs upon identifying the transaction related data;
- and
- modify one or more transactions on the blockchain platform to comply with identified regulations comprising inserting corresponding hashtags, descriptions, or additional data;
- a royalty distribution module operatively coupled with the blockchain-based compliance module, wherein the royalty distribution module is configured to:
- calculate a plurality of royalties based on a predetermined percentage embedded in a smart contract on the blockchain platform using a distribution algorithm;
- assign the plurality of royalties to one or more recipients, during a minting process of non-fungible tokens (NFTs) upon calculation of the plurality of royalties;
- a fundraising module operatively coupled with the royalty distribution module, wherein the fundraising module is configured to:
- assign a digital signature to at least one of brand sponsored posts and regular social media posts for fundraising purposes;
- dynamically adjust the sale price of NFTs based on user engagement, such as likes, shares, and other interactions;
- perform minting non-dynamic or dynamic non-fungible tokens (NFTs) with corresponding fundraising labels to enable a user to buy, trade, and sell social entities to generate interest and donations;
- aggregate virtual-world identifiers including social-media accounts with physical-world identity data including at least one of passport data, license data, or biometric data;
- generate a cryptographic hash-based identifier associated with the aggregated identity data, the hash-based identifier including a recorded date or time and being updateable using multiple hashes;
- record the hash-based identifier on a blockchain public ledger with encryption and a verification certificate to enable transparent identity verification;
- and
- associate value-related metrics of digital activity with the recorded hash-based identifier for valuation of a corresponding digital asset or non-fungible token (NFT);
- a score generation module operatively coupled to the fundraising module, wherein the score generation module is configured to:
- calculate social media voice (SMV) scores for the social entities by analyzing a plurality of relevant variables;
- compare the social media voice (SMV) scores of the dynamic non-fungible tokens (NFTs) to determine recommended sale prices for the one or more recipients;
- and
- assign the social media voice scores to the one or more recipients for sponsored social entities and dynamic non-fungible token (NFT) drops based on historical data and content analysis;
- and
- a management module operatively coupled to the score generation module, wherein the management module is configured to create and distribute digital wills for the digital assets, by minting the digital wills on the blockchain platforms, and modify the digital wills using dynamic non-fungible token (NFT) technology, thereby managing the digital assets.