Product stock exchange
AssigneeIpo 2.0 LLC
InventorsDarian L. Wilson, Andrew M. Cefai, Jacob P. Goldblatt
Life of this patent
Estimating the term…
Abstract
Embodiments disclosed herein generally relate to a product trading exchange. In embodiments, the trading exchange trades shares of products and/or product concepts. The shares can be offered first in an initial public offering. After the shares are sold in the IPO, shares are traded in an open trading exchange. In embodiments, the determination of the price for the shares is dynamic and fluctuates with market demand. Revenue earned by the product can also be provided to the share owners according to the percentage of ownership.
Claims20
A product trading exchange system, comprising:
- a processor;
- a computer-readable medium in communication with the processor, the computer-readable medium having encoded thereon a set of instructions executable by the processor to perform a method, the set of instructions comprising:
- instructions for receiving one or more shares associated with a product in an initial public offering;
- instructions for determining a number of shares to be sold in the initial public offering;
- instructions for determining a share price for the shares to be sold in the initial public offering;
- instructions for receiving one or more requests to purchase one or more shares in the initial public offering for the share price;
- instructions for determining if all the shares to be sold in the initial public offering have been sold;
- and
- instructions for allowing the shares to trade on the product trading exchange system after the initial public offering for a price determined by activity on the product trading exchange system.
A method of using a product exchange comprising:
- receiving, at a share sell engine, an offer to sell one or more shares of a product;
- receiving, at a share purchase engine, a request to purchase one or more shares of the product;
- communicating the offer to purchase from the share purchase engine to the share sell engine;
- associating the offer to purchase with the offer to sell, wherein associating comprises:
- determining a price for the one or more shares;
- and
- selling the one or more shares for the determined price.
A product stock exchange, comprising:
- a network, the network operable to communicate data;
- a product owner server in communication with the network, the product owner server operable to provide a first user interface for a product owner to upload one or more shares for an initial public offering associated with a product to the product owner server, to upload a number of shares to be offered in the initial public offering, and to upload a price per share for the initial public offering, the product owner server operable to offer the one or more shares associated in the initial public offering;
- and
- a user server in communication with the network, the user server operable to provide a user interface to the user to purchase one or more shares in the initial public offering, the user server operable to receive an offer to purchase the one or more shares, the user server operable to receive payment for the one or more shares, and the user server operable to provide the one or more shares to the user.
Dependencies are inferred from the claim text.