Back to results
US 2015/0310476 A1Published application
System and method for attention based currency
OwnerElizabeth M. Gadwainventor
Life of this patent
Estimating the term…
Abstract
A system and method is disclosed of attention based cryptocurrency. Currency is generated or “mined” by a user listening, in one embodiment, to a streamed song, and upon listening to the entire selection, the user, the song artist and the streaming host server are each allocated a portion of Attention Based Currency (ABC) according to a formula which may vary based upon several factors, including the popularity of the selection, the number of simultaneous listeners and the number of times the song has been streamed. The formula chosen can promote listening to lesser known artists. The ABC can be traded or redeemed for products or services.
Claims22
An attention based currency system comprising:
- at least one ABC Host connected to and configured store a database of enrolled users, and further a database of enrolled media content owners, and further a record of ABC currency transactions, and further configured to communicate on a network;
- at least one streaming host media operable to store and serve a collection of digital content available for streaming, said host media server being connected to and configured to communicate on a network;
- at least one client media player connected to and configured to communicate on a network and to request and receive streamed media content;
- each of the said at least one ABC Host, said at least one host media server and said at least one client media server having:
- a computer, computer memory, a processor for storing and receiving instructions from the memory and a network interface operably connecting the said processor to a network communications medium;
- wherein the said client media player is configured to enable a user to request said at least one host media server to stream content to said client media server and to report the streaming of content to said art least one ABC Host;
- wherein the said host media server is configured to report said streaming to said ABC Host;
- wherein the said at least one ABC host receives the report of said streaming from each of said at least one client media player and said at least one host media server and applies a formula based on the identity of said streamed content which formula application results in a sum of ABC Currency being generated.
5 more elements
A method of generating attention based currency system comprising the steps of:
- providing at least one ABC Host having:
- a computer, computer memory, a processor for storing and receiving instructions from the memory and a network interface operably connecting the said processor to a network communications medium;
- storing on said at least one ABC Host a database of enrolled users and a database of enrolled media content owners and a record of ABC currency transactions;
- providing at least one streaming host media server having:
- a computer, computer memory, a processor for storing and receiving instructions from the memory and a network interface operably connecting the said processor to a network communications medium;
- storing on said at least one streaming host media server a selection of media content available for streaming;
- providing at least one client media player, said client media player having:
- a computer, computer memory, a processor for storing and receiving instructions from the memory and a network interface operably connecting the said processor to a network communications medium;
- storing user identification information on the client media player;
- a client media player user selecting desired media content;
- transmitting to said at least one host media server over said network communications medium a request from said at least one client media player to stream selected media content which request includes client media player user identification information;
- the host media server streaming to the requesting client media player the requested content over the said network communications medium;
- the said at least one client media player receiving the selected media content from said at least one host media server;
- at least one of the client media player and the host media server transmitting a report to said at least one ABC Host the said user identification information and the identity of the streamed media content;
- the ABC host receiving the report of said streaming and user identification information from at least one of said at least one client media player and said at least one host media server;
- the ABC host applying a formula based at least in part on the identity of said streamed content which formula application results in a sum of ABC Currency being generated.
13 more elements
Dependencies are inferred from the claim text.