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The video tutorial by a throat inventor professional product designer and elite patent specialist covers the importance of a confidentiality agreement, also known as an NDA, for protecting inventions. In the US, there is a 12-month grace period after disclosing an invention publicly to file a patent application. Failure to do so within that timeframe can result in losing the opportunity to secure a patent. The NDA provided can be used for personal use as well. It is essential to understand the disclosure process and take appropriate steps to protect one's intellectual property.