Are LCTs just a different flavor of NFTs or Utility Tokens? Kinda-sorta, but not really.
Controllably Linking WEB3 to the Physical World
Securely link blockchain tokens with physical devices.
Linked Control Tokens (LCTs)
Patent-pending control of physical device's utility and functionality via secure token.
WEB3 isn't "Real" (Yet)
'Ownership' of blockchain 'assets' currently consists of access to a set of cryptographic keys. This is not enforceable. There's no recourse if keys are compromised. Blockhain 'assets' are merely records in a distributed, immutable database with no inherent value or utility. Businesses operate in the real, physical world and need solutions for verifiable ownership and control of devices.
Markets and Customers
WEB3 is in search of a 'killer app'. The physical world is in need of an effective zero-trust-based asset and transaction management solution for supply chain management, physical asset tracking, ownership, use authorization and resource utilization.
Linked Control Tokens combined with an Authentication Controller software layer provides proof of ownership/access for Gaming and Streaming Service providers with flexibility to link content rights to a specific device or provide access through any device implementing an Authentication Controller.