Kyiv - the first city in the world gets its logo on blockchain
Kyiv logo becomes a collection of NFTs. By buying NFT one gets full legal rights to use the logo on merchandise and services. Kyiv Logo NFT is an equivalent of a License Agreement
NFT as a license to use intellectual property
Tokenization is the conversion of intellectual property rights into digital non-fungible tokens (NFTs). Possession of such NFTs gives the same legal rights as possession of ordinary licenses, certificates, and patents for intellectual objects. For example, if you purchased a KYIV logo NFT, you will receive all legal rights to display this logo when selling your goods and services.
The peculiarity of NFT is that they radically simplify and speed up the process of obtaining a license for the use of objects of intellectual property rights (trademark).
NFT Gallery
How to buy the NFT KYIV logo
1
Create a crypto wallet
Go to MetaMask or Coinbase Wallet and create a cryptocurrency wallet. It takes 5-10 minutes.
2
Top up your wallet account
Top up your wallet account with the value of the NFT you want. This can be done on cryptocurrency exchanges or special exchangers. The operation takes 1-10 minutes depending on the method.
3
Sign up for OpenSea
Go to the OpenSea website and create an account using your crypto wallet. Registration will take a few minutes.
4
Buy NFT on OpenSea
Choose the NFT you want and buy it. It's easier than purchasing an item on the Socket, as you will receive your NFT immediately after payment.
5
Processing of the License Agreement
If necessary, we can draw up a license agreement. You need to contact us to do this, and we will send you a contract on the DocuSign service. Registration and signing of the agreement on DocuSign will take about 5 minutes.
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How can I prove that I am using the logo legally?Show the NFT with the specified group of goods and services or draw up the License Agreement in electronic or paper form.
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How to buy NFT?The process of purchasing NFTs is quite simple. All you need is: Register on the Opensea marketplace Create a Metamask e-wallet and connect it Fund your Metamask wallet Buy NFTs
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What is the value of NFT?NFTs are usually sold via auction, so their value depends on demand.
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Can I use the trademark and/or logo without owning NFT?No, because in this way you illegitimate way of using property rights.
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How about signing documents for use ™?When buying NFTs, you have the right to enter into a License Agreement. You can enter into this agreement before the expiration of the NFT. For this you need: Pass NFT ownership verification. Fill in your data in the Agreement form. Sign the agreement using a qualified electronic signature in the Vchasno.ua service for residents of Ukraine, Docusign.com for non-residents of Ukraine Receive an electronic version of the Agreement to the specified e-mail.
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What if the desired NFT is not available for sale?You can try to buy the NFT you need on the secondary market. You can also buy yourself a new NFT after the lease term of the already sold NFT expires.
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What are NFTs?NFT or Non-Fungible Token is a non-fungible token, a unique type of cryptocurrency that is non-fungible compared to other cryptocurrencies. In our project, the NFT serves as a confirmation or license to use the trademark. You can familiarize yourself with the terms of use of the trademark in the offer and conditions indicated on the NFT.
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What if I need a License Agreement for the use of the logo (for example, for customs)?The license agreement will be concluded with the owner of the NFT on the terms set out in the template [link] in electronic form with a qualified electronic signature using the Vchasno.ua service for residents of Ukraine and the Docusign.com service for non-residents of Ukraine.
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How to store NFT?NFTs can be stored on hot wallets or cold wallets.
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Do NFTs have an expiry date?Yes, each NFT has an expiry date, which is indicated on it. After the expire date, the NFT will be automatically returned to the trademark owner
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What is the value of NFT?The cost of NFT may vary depending on the purchase method chosen. There are two ways. Buying through Opensea auction Buying on the secondary market, where the price will depend on the agreement with the NFT holder.
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How can I make money on NFTs?There are several options for making money on NFTs. You can easily choose one of them. Independently produce and sell goods with the trademark image Order from China, or from a local manufacturer and sell a branded product to a distributor Or you can resell the NFT to the manufacturer of the given group of goods.
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Do NFTs have an expiration date?By default, NFT KYIV gives the right to use the logo for 2 years. However, the deadline can be changed. Please contact us and we will discuss the details.
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How to buy NFT?The process of purchasing NFTs is quite simple. All you need is: Register on the Opensea marketplace Create a Metamask e-wallet and connect it Fund your Metamask wallet Buy NFTs
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How about signing documents for use ™?When buying NFTs, you have the right to enter into a License Agreement. You can enter into this agreement before the expiration of the NFT. For this you need: Pass NFT ownership verification. Fill in your data in the Agreement form. Sign the agreement using a qualified electronic signature in the Vchasno.ua service for residents of Ukraine, Docusign.com for non-residents of Ukraine Receive an electronic version of the Agreement to the specified e-mail.
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What are NFTs?Non-fungible tokens (NFTs) are unique digital identifiers created using blockchain technology. They can be attached to any physical or virtual asset and thus confirm its authenticity and uniqueness. The peculiarity of NFTs is that they can be bought or sold in seconds and cannot be stolen from a crypto wallet.
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What if the desired NFT is not available for sale?You can try to buy the NFT you need on the secondary market. You can also buy yourself a new NFT after the lease term of the already sold NFT expires.
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How to store NFT?They are stored in cryptocurrency wallets that support working with NFTs, such as MetaMask, Coinbase Wallet, WalletConnect, Phantom, Glow, and others.
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What if I need a License Agreement for the use of the logo (for example, for customs)?The license agreement will be concluded with the owner of the NFT on the terms set out in the template [link] in electronic form with a qualified electronic signature using the Vchasno.ua service for residents of Ukraine and the Docusign.com service for non-residents of Ukraine.
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How can I prove that I am using the logo legally?Show the NFT with the specified group of goods and services or draw up the License Agreement in electronic or paper form.
FAQ
