Frequently Asked Questions

What is Non-Fungible Token (NFT) and why should we use it for IP Management?

Non-fungible tokens, or NFTs, are blockchain-based cryptographic assets with unique identification codes and metadata that differentiate them from one another.

NFTs can represent nearly anything digitally and are frequently used to represent art, GIFs, music, tweets, sports moments, sneakers, and even digital real estate on host sites.

NFT can help increase transparency because the transactions are public on blockchain. For example, when an NFT is sold on Mintable marketplace, you can see it in the NFT history section. Or you can check on blockchain with the Store contract address and Token ID for its transaction info.

 

With this transparency, NFT helps protect Innovators' work by granting authors control over their work and ensuring they are properly compensated.

NFT also helps IP trade more effectively by making IPs more cost-effective to license, compared to the traditional intellectual property registration process which requires a lot of time, paperwork and complicated legal requirements.

 

What is the IP management model of Kambria NFT IP Program?

These articles could provide you with further details about the approach for IP management that we are proposing in Kambria NFT IP Program, and how we are working on it:

• Announcement of Kambria NFT IP Program Launch
• How can Kambria NFT IP Program enable innovators to license, monetize, protect their IPs?
• The specifications of Kambria NFT IP Marketplace

 

What are the benefits of Kambria NFT IP Program for Innovators?

Kambria NFT IP Program is a marketplace for selling and buying technology solutions. Kambria enables the listing of a wide range of different types of technology solutions at various stages of development. We will help you in pricing your solution and in bringing it to market.

Kambria NFT IP marketplace is BY developers and FOR developers.

• Innovators can earn license sales (80%) and royalties of derivative licenses (8%) via Kambria's marketplace.
• As an Innovator, you can also purchase IP licenses to develop inherited solutions without starting from scratch, therefore saving time and effort while developing products.

 

What are the benefits for solution seekers?

When it comes to developing new features for technology products, it takes a lot of time and money for developers to build.

Kambria NFT IP is the only deeptech marketplace that offers cost-effective technology solutions as well as features to help you in integrating these solutions into your product, regardless of where you are in the process of development.

Purchasing technology solutions through NFT also ensures transparency in the buying and selling process.

 

I am concerned about the risk of sharing source code, what should I do?

We can protect your intellectual property in the following methods:

• Tokenize your solutions in NFTs.
• You can decide the number of licenses to commercialize.
• You can license a solution at an early development stage (PoC, MVP) to up-sell the solutions at more mature development stages. Or you can join us by starting with your side projects.
• Kambria and you will sign an NDA together to ensure that the information about your technology solutions is secure.

 

What is the collaboration process of Kambria NFT IP?

To list your technical solutions in Kambria NFT IP Program, you will follow these steps:

Step 01 - NDA (2 weeks): Co-sign bilateral NDA with Kambria

Step 02 - Submission (2-4 weeks): Innovator partner submits solutions or data resources to Kambria, includes:

• Solution package: Intro deck, demo video, source code, technical document and Solution description 
• Data package: Featured image or video, Data sample, Data folder link and User guide document, Data description

Step 03 - Review (1-2 weeks): As per our review process, Kambria will invite 1-2 Reviewers from Kambria Expert Network to review your Solution. The Reviewer will be granted a License of your Solution as a token of our appreciation for their review work, and agree not to disclose the Solution-related Information shared for the Review purpose to anyone without permission or unless required by law.

Your solution description together with the Reviewers’ opinions would be valuable materials for the NFT IP marketing and commercialization. 

Step 04 - Listing (1 week): Kambria packages the solution to generate NFTs (IP licenses) and starts marketing and selling the licenses.

 

How can we decide the number of licenses and the price of a license? Based on what?

To decide the number of licenses, you can assess 2 factors Opportunities vs Risks:

• The Opportunities of marketing, commercialization, upsell and cross sell your solutions. You can license a solution at an early development stage (PoC, MVP) to up-sell the solutions at more mature development stages.
• The Risks if your solution is exposed to many developers. How open are you to provide this solution to the solution seekers, with the understanding that they can use it to develop derivative solutions? Note that you can earn royalties on the sales of derivative solutions on Kambria NFT IP Marketplace, and you can also buy a derivative solution which helps improve yours to develop further.

Based on that you can decide the number of licenses (for now, our default and maximum number is 50).

To decide the price of a license, you can refer to our Pricing Guidelines. The overview pricing framework is in the last page.

 

Does Innovator need to set up a Mintable account? How do we know when there's a transaction?

Kambria NFT IP Program will be deployed on Mintable in the pilot phase, while we are developing our own NFT IP Marketplace on Kambria platform.

As per the collaboration process mentioned above, Kambria will support Innovators with the Listing step: package the solution to generate NFTs (IP licenses) and start marketing and selling the licenses.

So Innovator does not need to set up a Mintable account.

The NFT transaction history is public on Mintable. You can go to Kambria seller page, click on an item to visit its page and check the NFT history section. For example, if there is a transaction, it will be shown as below:

Can we still modify the solution package after publishing?

Once the NFTs are generated, we cannot change those NFTs. But we can cancel listing those NFTs and create other NFTs packaging the modified solution.

Or you can choose to list both versions as different solutions (with different development stages and prices).

 

Our solution involves hardwares, how should we join?

NFT for physical assets would be more complicated than for digital assets.

So for now, our recommendation is you can participate with the software part of your solution. For example, a team developing a AI-based face recognition application on an Ohmni telepresence robot can participate with the face recognition module, with a description that this module is developed for Ohmni robots.

There are 2 benefits with this partial participation:

• The Innovators working with Ohmni robots can buy your software solution to develop further. Similar to those who use iPhones can buy applications on the App Store to use with.
• You can also cross sell your hardwares, or introduce your services of customizing your software for other hardwares…