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Leif D

jr. member

Activity: 64

Merit: 1

Quote from: masulum on September 20, 2021, 11:23:49 AM

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

Sorry for the late reply.

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.

Leif D

jr. member

Activity: 64

Merit: 1

Quote from: TimeTeller on September 20, 2021, 05:20:19 PM

Quote from: Leif D on September 19, 2021, 08:54:13 AM

Buy, Sell and Invest With LuxFi NFT Marketplace

-
How to invest in a Hermès Birkin bag through #LuxFi's #NFT marketplace?

Read everything you need to know in our latest article: https://luxfiofficial.medium.com/buy-sell-and-invest-with-luxfi-nft-marketplace-5cf46c1dc087

Do you think you will have no problem selling their item and using it as part of your NFT collectibles?
Some users already brought up the idea that these luxury brands may run after your platform, if they see that you are violating their trademark.
Because you are creating your NFT items according to their luxury items.
Maybe, get in touch in at least couple of them, and present this concept, so you know what their thoughts on this matter.

Hi! The NFTs represent the ownership and the authenticity of the physic products. The platform is not going to use their trademark/logo to create the NFTs.

JanEmil

hero member

Activity: 2282

Merit: 668

Community management 24/7 for hire

Is the auction tomorrow?

JanEmil

hero member

Activity: 2282

Merit: 668

Community management 24/7 for hire

@TimeTeller

I see it as Amazon etc. Where sellers post about their own asset. Would be weird if not allowed.
But agree partnerships with brands would really nice. Maybe even some special items. Crypto Rolex Cheesy

TimeTeller

hero member

Activity: 2716

Merit: 588

Quote from: Leif D on September 19, 2021, 08:54:13 AM

Buy, Sell and Invest With LuxFi NFT Marketplace

-
How to invest in a Hermès Birkin bag through #LuxFi's #NFT marketplace?

Read everything you need to know in our latest article: https://luxfiofficial.medium.com/buy-sell-and-invest-with-luxfi-nft-marketplace-5cf46c1dc087

Do you think you will have no problem selling their item and using it as part of your NFT collectibles?
Some users already brought up the idea that these luxury brands may run after your platform, if they see that you are violating their trademark.
Because you are creating your NFT items according to their luxury items.
Maybe, get in touch in at least couple of them, and present this concept, so you know what their thoughts on this matter.

JanEmil

hero member

Activity: 2282

Merit: 668

Community management 24/7 for hire

Thank you for reply. I will give the auction and giveaways a shot Tongue

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: masulum on September 20, 2021, 11:23:49 AM

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

Your question for me is actually valid. Sometimes these luxury brands can afford to handle court cases because in the first place, they have resources. So this platform should make sure they won't face any trouble from these luxury brands. Much better if they can release these NFT items once they partnered with their corresponding brand. Better address such potential issues today rather than think of ways how to win when you are already inside the court.

masulum

legendary

Activity: 2226

Merit: 1592

hmph..

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

Leif D

jr. member

Activity: 64

Merit: 1

[Deleted]

Leif D

jr. member

Activity: 64

Merit: 1

Quote from: JanEmil on September 19, 2021, 08:18:56 AM

You have alot giveaways on your twitter. When and how is winners selected?

Yes. We will select and announce the results after our NFT Auction & Lottery. The NFT Auction & Lottery will end on 3 Oct, so expect that we will announce the results on 4 Oct. We will check if the participants followed our rules or not, and then we will randomly select 5 winners. We have 4 Total giveaways

JanEmil

hero member

Activity: 2282

Merit: 668

Community management 24/7 for hire

You have alot giveaways on your twitter. When and how is winners selected?

Leif D

jr. member

Activity: 64

Merit: 1

Quote from: CaVO32 on September 18, 2021, 06:29:28 PM

Quote from: Leif D on September 18, 2021, 12:13:39 PM

Quote from: JanEmil on September 18, 2021, 08:58:55 AM

Could you tell about how the items escrowed? Possible to buy from all countries? If I would some day to swap my NFT for the physical item how is that handled?

Yea, as long as you can use our Marketplace, you are able to buy from all countries. More details will be announced along with the Marketplace launch. If you redeemed the physical item from our Marketplace, then we will ship the item to you and the NFT you're holding will have a status "Redeemed". Wink

This is interesting to see and if this will indeed materialize. Looking forward for this platform to realize their objectives. Forging partnerships is one way to solidify your presence in the market. How do you plan to explore the elite class industry? Are you going to conduct marketing programs involving the elites, because let's admit it, they are the ones who can afford a luxury lifestyle.

Hi! Thank you for your questions!

"Forging partnerships is one way to solidify your presence in the market."
One of our missions is to eliminate counterfeiting while minting an NFT on our multi-chain blockchain network, and provide an accurate NFT pricing that is backed by real-world data. We only announce partnerships that we have.

"How do you plan to explore the elite class industry?"
We have partnered with and will keep finding more luxury asset retailers to explore the elite class industry.

Leif D

jr. member

Activity: 64

Merit: 1

[Deleted]

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: Leif D on September 18, 2021, 12:13:39 PM

Quote from: JanEmil on September 18, 2021, 08:58:55 AM

Could you tell about how the items escrowed? Possible to buy from all countries? If I would some day to swap my NFT for the physical item how is that handled?

Yea, as long as you can use our Marketplace, you are able to buy from all countries. More details will be announced along with the Marketplace launch. If you redeemed the physical item from our Marketplace, then we will ship the item to you and the NFT you're holding will have a status "Redeemed". Wink

This is interesting to see and if this will indeed materialize. Looking forward for this platform to realize their objectives. Forging partnerships is one way to solidify your presence in the market. How do you plan to explore the elite class industry? Are you going to conduct marketing programs involving the elites, because let's admit it, they are the ones who can afford a luxury lifestyle.

Leif D

jr. member

Activity: 64

Merit: 1

Quote from: JanEmil on September 18, 2021, 08:58:55 AM

Could you tell about how the items escrowed? Possible to buy from all countries? If I would some day to swap my NFT for the physical item how is that handled?

Yea, as long as you can use our Marketplace, you are able to buy from all countries. More details will be announced along with the Marketplace launch. If you redeemed the physical item from our Marketplace, then we will ship the item to you and the NFT you're holding will have a status "Redeemed". Wink

JanEmil

hero member

Activity: 2282

Merit: 668

Community management 24/7 for hire

Could you tell about how the items escrowed? Possible to buy from all countries? If I would some day to swap my NFT for the physical item how is that handled?

Leif D

jr. member

Activity: 64

Merit: 1

Quote from: Twinkledoe on September 15, 2021, 05:58:37 PM

Quote from: Ultra_Violence on September 15, 2021, 04:59:30 AM

Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Thanks for yr reply in advance Wink

Partnerships are indeed important in this venture as they are exploring a very special niche here. Not many people can afford the luxury assets, this is why those luxury-related projects before didn't materialize. So let us see how this NFT related project can make a difference this time...

True that not many people can afford the luxury assets. Good point here, that is also a suggestion to our team to cover those who can't afford.

Possibly the technology can solve this issue Wink

Though we are the 1st asset backed NFT marketplace, we are also combining art with luxury assets. You may know that the current NFT art market is on fire, and adding real world assets to the art can at least secure the base value of the NFTs.

Leif D

jr. member

Activity: 64

Merit: 1

Quote from: Ultra_Violence on September 15, 2021, 04:59:30 AM

Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Thanks for yr reply in advance Wink

We will announce new partnership from time to time.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: Ultra_Violence on September 15, 2021, 04:59:30 AM

Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Thanks for yr reply in advance Wink

Partnerships are indeed important in this venture as they are exploring a very special niche here. Not many people can afford the luxury assets, this is why those luxury-related projects before didn't materialize. So let us see how this NFT related project can make a difference this time...

Ultra_Violence

newbie

Activity: 2

Merit: 0

Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Thanks for yr reply in advance Wink

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