According to WIPO statistics, the global intellectual property (IP) market generates roughly $180 billion in licensing fees annually.
IP is now more valuable than ever as more and more people are becoming aware of their IP rights.
The Kakushin blockchain-powered system allows people to register or list their patents and intellectual property materials with the World Intellectual Property Organisation (WIPO).
WIPO is a self-funding organization, and it has 191 member nations.
Kakushin is focused on making users file their patents easily, without the usual hassles that come with the process.
On the Kakushin platform, innovators can present their ideas to credible investors who will then make it become a reality.
It mitigates the challenges of crowdfunding since. its built on the blockchain, it offers users a high level of transparency and security.
Kakushin is built on the Hyperledger smart contracts blockchain.
Kakushin is a brainchild of Prius Labs Pty Ltd, Australia, but it works in accordance with the statutes of WIPO. However, it uses blockchain technology to enhance the protection and monetization of IPR.
Co-founder and chief technical officer of Kakushin, Sachin Bhargava said that:
“We want to create a world where an inventive and unique idea will get resources which can bolster the most astonishing innovation fiscally so that innovators don’t have to search for anything. Kakushin is an integrated platform to turn their ideas into viable products.”
Kakushin also has a blockchain based startup incubator system that follows a 360 degrees approach to ICOs. It takes care of all the operations involving organizing token generation events to ensure projects succeed.
There is also the integrated exchange that uses the native Kakushin token to facilitate operations between members of the community.
The Kakushin presale is live now and ends on May 31, 2018. The telegram channel has over 18K unique members from all over the world.
The Crowdsale begins on June 1, 2018, and runs until June 30, 2018. The team is looking to sell 2.4 billion KKN ERC20 tokens.
A soft cap target of $4 million and a hard cap target of $30 million has been set for the fundraiser.
For more information visit https://kakushin.io/#/
Email: [email protected]
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