Intellectual property Licensing & Broking - international ip broking service by patentagentip
Intellectual Property Licensing through Tokenization of Trade Secrets (TOKSECRET platform)
Non Fungible Tokens (nft) derived from the TOKSECTRET platform is now available for trading.
How would you benefit from buying the NFT?
Your NFT will increase in value as more people are interested in acquiring the NFT - especially for intellectual property NFTs
Intellectual Property (unfiled patents) that is available for purchasing (through fractional ownership) or licensing through the tokenization of trade secrets. Although most of our intellectual properties are not filed as a patent, they are all earnestly documented and kept in a safe as a trade secret file.
Appended here are our many ideas that is available for licensing through our Tokenization of Trade Secrets. You may buy tokens that will give you a share of the appreciation in token value as more and more people wants to own a piece of it. Also, tokens will generally increase in value as more and more entities licensed it to make products.
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Unmanned Underwater Robot that also fly as marine monitoring vehicle - item code P12066
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Low Speed Rotary Magnetic Levitation Train - item code P13054
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Synthetic Muscled Limb with powered hinges - item code P22004
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Next generation Solar Tree - item code P11005
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Next generation Solar Roof Shingle with AWG - item code P43112
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
This aircon is obsolete: you will need to buy a new one - item code P30301
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Water anywhere in the world - stand alone water harvester - item code P41556
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Automatic Curtain Air Conditioner to avert Covid-19 infection - autmatically controls temperature, sunlight and ventilation - item code P41388
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Autonomous Vehicle No Overtaking Controller - AI - item code P55112
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Automatic PVC Air Curtain to help save cost - item code P51121
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Anti Covid Furniture - item code P31130
You may also want to list your patent (unregistered) here to be part of our tokenization eco-system - get in touch with us.
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Hospital Capsule Bed - fast roll-in roll-out deployment - item code P61143
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Autonomous Air Purifier - move by its own intelligence - item code P51324
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Tree Trunk Control - bring your tall fruit tree down to manageable height so you can have easy harvest- item Code P522312
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Automatic Door - motorless automatic door opening/closing. Does not have ugly looking moving arm - item code P52211
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
Precision Agriculture - Rice Cultivation - item code P56611
Refrigerated drone - for precise temperature controlled vacine - item code P51404
One of our many ideas that is placed as our trade secrets portfolio which you can buy token off
You may also want to list your patent (it must not being registered) here - get in touch with us.
A note about licensing
How to use intellectual property to grow your business?
One way is to license others to use your intellectual property like patents, copyrights, designs and even trademarks. You may also license your trademark if you are not using it yourself, or you may want to retire from doing business.
If you are the owner of intellectual property (IP), and you do not have the means to produce a product out of it, you can license it out to other businesses who might want to diversify into other products – assuming that they have the means to do so. In this way, you will obtain revenue by you allowing the licence holder to use your IP, manufacture, distribute or sell products and services based on your intellectual prowess. You will then get paid royalties - either as a percentage of the income they generate from your IP, or as a fixed or variable fee. Likewise if you want to use someone's license, then you will need to pay royalty.
Why you should license your intellectual property
For intellectual property (patent) owners, the licensing model offers the following advantages:
Commercialising your product – you will need money to do so and it is also a long journey. An alternative is to license it to some other entity that has the money whom (licensee) will bear the costs of manufacturing, distribution, packaging, marketing and much more – since it is a long journey.
Now, we know that it is best if we can go to market as soon as possible as there will be others who might want to break in with their similar products – so it is best to license it to someone who have the capability. However, if you grant the license to others to sell it, then you are also going to compete with them if you decide to make it yourself – with a different brand of course if your licensee permits.
Granting a license to another from a different territory might help you to break into new markets that you are not able to – so it is a way of broadening your market. Some markets are closed to imports and some do put a tariff to ward off imports – and licensing is a way to thwart off barriers.
The other benefit of giving out license is that you will keep ownership of your IP - Licensing allows you to give suppliers, competitors or complementary businesses certain rights over your patent while receiving royalty income at the same time which is great - sort of a win win strategy.
Types of licences available:
• Sole licence – also known as an exclusive licence, with the caveat that you have the right to use your intellectual property yourself. Sole licences can be safer bet as you are not completely relying on a single licensee.
• Exclusive licence - this is tantamount to give the licensee to someone to use your IP. It also means that you will have no more rights yourself.
• Non-exclusive licences - sounds just nice because you can grant these to as many people as you think fit. There is however an issue with manageability when there are too many licenses – remember that you would want to know how much they produce in order to collect the royalties.
• Cross-licensing - the only way to avert litigations.
A successful out licensing will also depend on other issues such as whether you will allow the licensee to produce and market, or how the royalties are calculated, or whether there is any issue on territories, or whether you grant your licensee to do sub-contracting in which case it would be difficult to manage.
Smart Contract via Block Chain
Tokenization of Trade Secrets by way of Smart Contract via Block Chain Mechanism
Blockchain and smart contracts can be used for licensing IP works by reducing the cost of transactions and creating a direct link between creators and users.
A smart contract is basically a computer program code that can facilitate, execute and enforce a contract by itself - the beauty of contractual terms are pre-programmed and transparent. Administrative cost are reduced. Smart contracts connecting IP licensee and IP licensor can be self-executing and unambiguous. IP owners and licensee can use blockchain platforms to better control and exploit their IP works, improve efficient remuneration. The impact on IP-rights management via digital environment is great as it make the process more transparent, and cutting out intermediaries.
You may read more on tokenization of trade secrets here
As the world of technology has expanded there will be areas where products and services will somehow touch on different patents and domains. It goes to be practical to have cross licensing agreements like most of the mobile technology companies - the alternative might have to face litigations. No start-ups will be able to endure court proceedings for long as it would deplete their resources. And in particular if you are in the crosshair of the patent troll where it is normally costly to escape from - a better perspective is to seek cross licensing or some other similar arrangements. This is where Patentagentip will be of help where patent analytics is the norm of the day - an analysis of the patent landscape will afford you a bigger view of who and the what goes on out there.
Can’t find the patent of your need – why not try a "Customized Patent" to suit your needs.
What are we talking about customized patents?
Yes, customized patents are patents that are create and customized to your requirements – the patent is created with your needs in mind, sort of tailor made for you. It is however a new concept because there has never been a thing like this – nobody will create a new patent for you until of course we came along. Yes, we mean a new patent not from your idea but from our research and analysis - of course you may want to input your ideas too but it is not necessary. All you have to do to have a created patent is to tell us what your problems are – or what you want (or wished) to solve. We will then do a research on the subject and create a patent to suit your needs. We are of course turning the whole patent business upside down and we offer it through our unique "invention-as-a-service" channel – it is a first of its kind service in the whole wide world, yeah, tailored made for you!
Another way to look at is you go out there and find someone to create a patent (and thus protection) for you – one that give you a practical solution to solve your problem and at a cost that is affordable. Seems like what you will do if you want to your clothings to suit your body frame - yes, you go to your tailor to have it custom fitted just for you. The other way is to go to a consultant engineer and ask for the solution to your problem but it would cost you a bomb. Our "inventing-as-a-service" is a unique solution to solve industry problems. Big problems are easy to solve because there are plenty of people who might want to offer their help but with a big price. On the other hand, small problems are often difficult to find people to help solve because you cannot charge a huge fee – and that is where we are now coming in to offer our service, especially for the small and medium enterprises that would normally not have the expertise to create new working ideas. This is an important idea, sort of paradigm shift for how we seek expertise to solve our problem - part of the new paradigm service better knowned as Saas.
Come to us if you have either tangible problem or intangible problems – either physical or digital. The way we say it seems to be very easy but in truth, we will have to do plenty of research to come up with a solution. But for us it is a doable task because we are made from a group of innovators – where critical thinking is our forte. In addition, we have been in various industries for decades; so we know the tricks of the trade. If you have difficulty coming into view of the patent that will help solve your problem, then by all means come try our "inventing-as-a-service" offering - you will have the peace of mind. Welcome to the next paradigm – a cost effective way to help solve technical problems. Call us then for an answer.
Or you might want to know how to tokenize