Welcome to the past, present, and future of crypto-currency
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Past:
2 years before first Bitcoin paper was published the patent application 12/600,361 was filed with US and then World patent organizations in which United Market was described so any interested person can learn about it. Present:
Fast-forward 15 years and now every cryptocurrency out there is based on Smart Contract ie. PPP (Promotional Program Package) concept described in Claim 1 of the patent and every crypto exchange is essentially the Incentive Exchange described in Claim 9. Future:
As evident from the patent, we strongly believe that all 3 Markets (Coin Exchange, NFT Exchange, and Smart Contract Exchange) need to co-exist in order for crypto-currency of today to take its true form in the Future. |
We will take anyone on this journey with us. Together We Are One.
UNITED MARKET (Original Claims from Patent 8,639,566)
CLAIM 1.
The invention claimed is:
1. A system comprising:
an Internet-connected server, comprising a computing appliance and data storage elements; instructions executed from a non-transitory storage medium by a processor of the computing appliance, the instructions causing the processor to perform a process comprising:
registering users of the system as creator/owners, customers, or redeemers;
creating an account for each creator/owner, customer, or redeemer;
providing a first interactive interface enabling registered creator/owners to create promotional program packages (PPPs), each having a unique identity,
the PPPs comprising incentives and rules for distribution and management of the incentives;
providing a second interactive interface enabling registered customers to access their customer accounts, set preferences for incentives, and to interact with incentives posted to their accounts;
providing a third interactive interface enabling redeemers to interact with the system in verifying behavior defined by incentives and providing redemptive value;
tracking activity of creator/owners, customers, and redeemers, including at least use of incentives in PPPs by customers; recording and maintaining status of PPPs; and
providing a marketplace through the interactive interfaces for exchange of PPPs as financial instruments.
The invention claimed is:
1. A system comprising:
an Internet-connected server, comprising a computing appliance and data storage elements; instructions executed from a non-transitory storage medium by a processor of the computing appliance, the instructions causing the processor to perform a process comprising:
registering users of the system as creator/owners, customers, or redeemers;
creating an account for each creator/owner, customer, or redeemer;
providing a first interactive interface enabling registered creator/owners to create promotional program packages (PPPs), each having a unique identity,
the PPPs comprising incentives and rules for distribution and management of the incentives;
providing a second interactive interface enabling registered customers to access their customer accounts, set preferences for incentives, and to interact with incentives posted to their accounts;
providing a third interactive interface enabling redeemers to interact with the system in verifying behavior defined by incentives and providing redemptive value;
tracking activity of creator/owners, customers, and redeemers, including at least use of incentives in PPPs by customers; recording and maintaining status of PPPs; and
providing a marketplace through the interactive interfaces for exchange of PPPs as financial instruments.
CLAIM 2.
The system of claim 1, wherein each PPP also includes
at least a symbolic image of each incentive, required actions,
behavior and conditions for redemption of incentives, a time
frame for distribution of incentives and promotional materials
associated with incentives.
The system of claim 1, wherein each PPP also includes
at least a symbolic image of each incentive, required actions,
behavior and conditions for redemption of incentives, a time
frame for distribution of incentives and promotional materials
associated with incentives.
CLAIM 3.
The system of claim 2, wherein incentives include any legally enforceable promise of the creator/owner of the incentives to make a transfer of tangible or intangible asset to a
customer and/or redeemer, if the customer and/or redeemer
accomplishes actions or behavior, achieves results required
in designated conditions within the time frame of the incentive set within the PPP.
The system of claim 2, wherein incentives include any legally enforceable promise of the creator/owner of the incentives to make a transfer of tangible or intangible asset to a
customer and/or redeemer, if the customer and/or redeemer
accomplishes actions or behavior, achieves results required
in designated conditions within the time frame of the incentive set within the PPP.
CLAIM 4.
The system of claim 1 wherein exchange of the PPPs
includes at least buying, selling and trading between creators/
The system of claim 1 wherein exchange of the PPPs
includes at least buying, selling and trading between creators/
CLAIM 5.
The system of claim 1, wherein the Redeemers are
retailers providing at least a point of redemption for users of
incentives, enroll in PPPs and negotiate with the creator/ owners
for Redeemer incentives.
The system of claim 1, wherein the Redeemers are
retailers providing at least a point of redemption for users of
incentives, enroll in PPPs and negotiate with the creator/ owners
for Redeemer incentives.
CLAIM 6.
The system of claim 5 wherein Redeemers bid for
enrollment with PPPs in the marketplace.
The system of claim 5 wherein Redeemers bid for
enrollment with PPPs in the marketplace.
CLAIM 7.
The system of claim 1 wherein a process is included to
track status of PPPs including at least exchangeable, used,
canceled or expired.
The system of claim 1 wherein a process is included to
track status of PPPs including at least exchangeable, used,
canceled or expired.
CLAIM 8.
The system of claim 1 wherein a process is included to
track status of incentives including at least returned, donated,
exchanged, verified, redeemed, or expired.
The system of claim 1 wherein a process is included to
track status of incentives including at least returned, donated,
exchanged, verified, redeemed, or expired.
CLAIM 9.
The system of claim 1 wherein the incentives are
exchanged in the marketplace by trading, donating or bidding
by users.
The system of claim 1 wherein the incentives are
exchanged in the marketplace by trading, donating or bidding
by users.
CLAIM 10.
The system of claim 1 wherein created PPPs are stored,
edited and re-issued with a new unique identity.
The system of claim 1 wherein created PPPs are stored,
edited and re-issued with a new unique identity.