Hey guys! After a lengthy idea development and website building process, I'm finally ready to release this website for everyone! I have 2 great co-founders, lawyers specializing in commercial licensing and intellectual property protection respectively.
Here's the website address:
www.inventioneers.com
A few notes about how the website works:
A few notes about how the website works:
- we have 3 different license types, "exclusive", "non exclusive" and "measurements only" (last one is for things like 3D scanning)
- we are using configurable templates for these licenses; these license templates are designed to cover most cases and offer fair protections to both parties, while being relatively simple to set up;
- as a licensor, you are in control of the general terms and conditions that you offer for potential licensees, as well as the valuation of your products
- a licensee can "evaluate" a product, which entails the signature of and NDA and gives them access to the confidential data for the product;
- within 30 days of the start of the evaluation period, a licensee can enter a licensing agreement
- the royalties and other payments, essentially the servicing of the contract is done via the website
A few notes on pricing:
- No upfront costs, no monthly fees; it costs nothing to make an account, and it costs nothing to upload and store products and product data on the website
- The website takes a percentage of all the payments that are made through the website. Currently, this percentage is 30%.
There's a few more things listed in the FAQ here:
https://www.inventioneers.com/faq/
The FAQ is still a work in progress, but we do have the most important questions answered there already. The website is otherwise ready to use.
I would love to hear some feedback from you guys if you think this could be useful for you, reservations that you may have, any suggestions or questions.