System for and managing assets using priority tokens

A method of scheduling utilization of a resource, comprising:

• setting a market price for use of the resource;
• presenting a display to a user showing user account balance, time slots for a desired meeting, prices for the time slots, allocated time slots for the resource, a highest bid for each time slot and a number of bids for each time slot;
• allowing users to bid on use of the resource using market and limit orders;
• allocating the resource to a highest bidder and canceling alternate time slots;
• presenting, to the highest bidder, a display confirming allocation of a time slot, confirming cancellation of alternate time slots, providing a meeting identifier and password, and showing an updated account balance;
• updating a network control database with the allocation;
• and
• presenting a display to an out-bid-user that has been out bid indicating that the out-bid-user has been out bid for a time slot and showing a credit to an account balance of the out-bid-user.

A method of scheduling a multimedia conference on a network, comprising:

• specifying available time slots for use of the network for multimedia conferencing;
• defining a plurality of priority levels for access to the time slots during a specified period of time, and a number of available tokens for each priority level;
• distributing the tokens to users according to user needs and user command of the resources of the network;
• and
• auctioning the time slots to prospective users using the tokens.

A method for managing a multimedia network resource, comprising:

• assigning a priority equivalent to a token value to each utilizer of the resource;
• selectively disabling a utilizer having a priority less than a predetermined priority by comparing disabling constraints to a user profile containing priority information regarding applications being run by the user via the resource;
• notifying the utilizer of the selective disabling via a communication system different from the network resource;
• and
• allowing a user to upgrade the priority before being disabled using tokens for upgrading the priority.

A method of scheduling and managing utilization of a multimedia conferencing network system, comprising:

• allowing users to bid on time slots of the multimedia conferencing network system;
• allocating the time slots to the highest bidder using tokens;
• assigning a priority to each user of the system based on the token based purchase price of the allocated time slots;
• allowing the user to use the system;
• selectively disabling a user from using the system when the user has a priority in tokens less than a predetermined priority in tokens upon selected conditions as set by a system administrator;
• and
• allowing the user to increase the priority before disabling the user by bidding a higher price in tokens.

A method of resource allocation, comprising:

• allocating, by a resource administrator, resources to users according to a resource allocation system;
• allocating resource tokens to users according to a token allocation system;
• allowing users to negotiate the allocation of the resources with the administrator using the tokens;
• allowing the users exchange tokens among each other for reallocation for the resources;
• auctioning the resources to the users using the tokens;
• and
• allowing the users to negotiate extended use of the resources using the tokens.

A system, comprising:

• a network resource having time slots;
• a system allocating the resource responsive to bidding on the time slots with tokens;
• and
• a system for disabling a user and allowing the user to upgrade access priority for the resource using the tokens.