Post
Topic
Board Announcements (Altcoins)
Re: [ANN]LuxFi | World's 1st Asset-Backed NFT Marketplace for Luxury Assets
by
Leif D
on 05/02/2022, 09:14:46 UTC
I want to know, does the use of NFT in luxury goods not require royalties to the brand and product owners? Meanwhile, this project does not have partnerships with brands that will be used as NFTs. If in the end one of the brand owners sues, because of using their trademark without partnership and permission, how will developer solve the problem, and what about the investors if the dev team eventually lost in court cases?

Please let me know, because i need to know about this, that maybe I'm on the wrong side Smiley

Sorry for the late reply.  Smiley The platform is not going to use the brands/logos/trademarks to create the NFTs, the NFTs are the authenticity & ownership of the products. For sure, it will be cool if the project cooperates with brands to create the NFTs. It's in their plans as well.