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US 2007/0185794 A1Published application
Method and system for finance, distribution and speculation
OwnerTimothy Keiser, Matthew Ledermaninventors
Life of this patent
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Abstract
This invention discloses a method and system that allows individuals to finance and speculate on the success of films and various other projects on the internet. According to the invention, Producers transmit a project offering using an internet-enabled device to a System website, and the System accepts bids from Consumers for the offering. With this invention, Producers and Consumers arrive at mutually acceptable revenue splits for these projects.
Claims23
A method for speculating on projects on the internet, comprising the steps of:
- Creating a DUO for a project on a System,
- Processing of said DUO by a System Administrator,
- Displaying of said DUO by said System,
- Aligning of interests for a plurality of DUs of the project, associated with said DUO, by a Producer and a Consumer, and
- Closing of auction for said plurality of DUs of the Project by said System Administrator.
2 more elements
A method for speculating on projects on the internet, comprising the steps of:
- Creating a DUO for a project on a System,
- Processing of said DUO by a System Administrator,
- Displaying of said DUO by said System,
- Aligning of interests for a plurality of DUs of the project, associated with said DUO, by a Producer and a Consumer,
- Closing of auction for said plurality of DUs of the Project by said System Administrator, and
- Listing of a plurality of DU components by Consumer on a Secondary Market.
3 more elements
A method for speculating on projects on the internet, comprising the steps of:
- Creating a DUO for a project on a System,
- Processing of said DUO by a System Administrator,
- Displaying of said DUO by said System,
- Aligning of interests for a plurality of DUs of the project, associated with said DUO, by a Producer and a Consumer,
- wherein the aligning of interests step comprises of selecting a plurality of DUs by the Consumer, monitoring of interest to purchase said DU by the Producer, reviewing of said DUO by the Producer, and reviewing of decision to hold said DU by Consumer, and
- Closing of auction for said plurality of DUs of the Project by said System Administrator.
3 more elements
A method for speculating on projects on the internet, comprising the steps of:
- Creating a DUO for a project on a System,
- Processing of said DUO by a System Administrator,
- Displaying of said DUO by said System,
- Aligning of interests for a plurality of DUs of the project, associated with said DUO, by a Producer and a Consumer,
- wherein the aligning of interests step comprises of monitoring, by Consumers, of modifications made to the DUO by Producers;
- selecting of DUs, by Consumers of the DUO;
- monitoring of interest, by the Producer, to purchase said DU by the Producer, and reviewing of said DUO, by the Producer, and reviewing of decision to hold said DU by Consumer, and
- Closing of auction for said plurality of DUs of the Project by said System Administrator.
5 more elements
A System for speculating on projects on the internet comprising:
- an internet-based information component connected to the internet for:
- Creating a DUO for a project on a System,
- Processing of said DUO by a System Administrator,
- Displaying of said DUO by said System,
- Aligning of interests for a plurality of DUs of the project, associated with said DUO, by a Producer and a Consumer,
- Closing of auction for said plurality of DUs of the Project by said System Administrator, and
- Listing of a plurality of DU components by Consumer on a Secondary Market.
4 more elements
A System for speculating on projects on the internet comprising:
- an internet-based information primary component connected to the internet for:
- Creating a DUO for a project on a System,
- Processing of said DUO by a System Administrator,
- Displaying of said DUO by said System,
- Aligning of interests for a plurality of DUs of the project, associated with said DUO, by a Producer and a Consumer,
- Closing of auction for said plurality of DUs of the Project by said System Administrator. and
- listing of a plurality of DU components by Consumer on a Secondary Market,
- wherein the System is configured so that the DUO comprises of a credit, coupon and auxiliary,
- wherein the System is configured so that the System Administrator has a plurality of job functions,
- wherein the System is configured so that DU value for a project is determined by the System Administrator.
- wherein the System is configured so that a coupon value is determined a Producer of said DUO,
- wherein the System is configured to issue a plurality of DU types in a project,
- wherein the System is configured to display the project offering in terms of project rating,
- wherein the System is configured to divide a DU offered in a project, after a Consumer has purchased the DU, into a credit and a coupon portion,
- wherein the System is configured so that the credit can be used to receive a copy of a completed deliverable,
- wherein the System is configured so that one Project credit can be used to exchange with a credit portion of a different Project,
- wherein the System is configured to allow the coupons to be auctioned by said System,
- wherein the System is configured to limit the total number of DUs that may be sold to any one Consumer, and
- wherein the System is configured so that a completed DU is selected from a group consisting of films, music, and video games.
16 more elements
Dependencies are inferred from the claim text.