KyivBrand

KyivBrand nft license development

The Challenge

Duration of work: 1 month

People on the project: 6

The trademark usage license must be issued for a limited period of time. It also imposes restrictions on both parties of the deal. To have the real world utility, the owner of the license NFT should be able to obtain a license usage agreement depending on its jurisdiction and legal entity.

KyivBrand nft licenses

Project
team

  • Frontend Developer1
  • Backend Developer1
  • Solidity Lead1
  • DevOps1
  • UX / UI Designer1
  • Product Manager1
  • frontend developer

    Andrii

    [Frontend Developer]

  • backend developer

    Rostyslav

    [Backend Developer]

  • lead smart contract developer

    Michael

    [Solidity Lead]

  • devops engineer

    Yurii

    [DevOps]

  • ux ui designer

    Denys

    [UX / UI Designer]

  • product manager

    Lidiia

    [Product Manager]

KyivBrand nfts

What we use

  • Frontend

    Vue.js, Ethers

  • Backend

    ASP.NET , Nethereum

  • Smart Contract

    Solidity

  • Blockchain

    Polygon

  • Design

    Figma

  • DevOps

    AWS, Netlify

Aegas used custom in-house solutions to maintain the dynamics of NFT metadata depending on the license agreement states. Polygon was chosen as the most ecological and widespread sidechain with wide adoption.

KyivBrand nft license agreement signing

The Result

SUCCESSFUL SALES OF NFTS

NEW AGREEMENTS SIGNED

Kyiv became the first city in the world whose logo is traded on the blockchain. 2 NFT collections were launched for local and foreign use and they had successful sales. With the help of smart contracts, the legal framework supports the rights of both parties through the agreement and greatly simplifies the licensing process.

kyivbrand nft license signing