Mugafi Pioneers Decentralized IP Revolution in India’s Creative Economy
Mugafi is redefining entertainment ownership by leveraging blockchain to enable creators and fans to co-own intellectual property (IP). This model disrupts the traditional concentration of value among a handful of media conglomerates, redistributing profits directly to stakeholders.
India’s cultural richness and accelerating Web3 adoption position it as a potential global leader in decentralized entertainment. Founder Vipul Agrawal envisions a 'Disney on chain' within five years—a trillion-dollar opportunity for creators and audiences alike.
The platform’s emergence coincides with India Blockchain Week, where discussions transcended typical Web3 jargon to focus on tangible value redistribution. As Gopal Solanky noted in his interview with Agrawal, decentralized IP could recalibrate the entire entertainment industry’s economic framework.
