You can use the Kyiv logo at your discretion if you first acquire the rights to it on the OpenSea marketplace. At the same time, it has full legal force. You can use intellectual property in the development of any area of your business!
Details
Tourist rights to the logo of the city of Kyiv is an intellectual property, which is a collection of NFTs and is freely available on the OpenSea marketplace.
NFT grants full legal right to use the Kyiv tourism logo: as a result, you can use it to place on your products or when promoting services.
When buying NFT, in fact, you enter into a License Agreement.
NFTs are created according to the ERC721 standard on the Polygon Mainnet blockchain. You get a smart contract with built-in business logic, as a result of which the process of acquiring and subsequent ownership of the Kyiv tourist logo is completely transparent.
The term of the agreement is 2 years from the date of purchase. In addition, during this period, you can resell your rights or simply donate them to a third party.
How is this done in practice?
If you want to sell your products with a logo, it is enough to purchase NFT legally. In this case, you will be able to sell the rights at any time, subject to the unexpired term of the License.
Project motto
We have been able to democratize the IP market by combining ownership and blockchain.
It used to take weeks of negotiation and legal paperwork to acquire intellectual property rights, but today the process takes you no more than 15 minutes!
Useful links:
- Project site
- Link to the collection on OpenSea
Author: Viktor Bondarenko, Head of Operations, TokenizationFactory, victor.b@tokenizationfactory.com
Expert in legal marketing. Head of marketing agency MAVR.
Business degree “Master of Business Administration” (MBA).