System for Valuing Content
OwnerSteven Roundtreeinventor
Life of this patent
Estimating the term…
Abstract
Disclosed is a system and methods for valuing content by a crowd comprising a valuation platform connected to a plurality of users over a network, which may be a communication network. The valuation platform comprises a content grouping engine to enable the receipt of content from at least one user device; group the content into categories of content and determine a market value for any given category of content. The system also comprises a value distribution engine to enable the distribution of at least a portion of the market value to content based on approval received from a crowd of users as to any given content. The system may comprise an incentive engine to incentivize gross and quality participation of the crowd. Methods are disclosed for valuing content.
Claims20
A system for determining the value of a content comprising a valuation platform, the valuation platform further comprising
- a content grouping engine to
- receive content at at least one server of the valuation platform from at least one user;
- group the content into categories of content;
- determine a market value for any given category of content;
- a value distribution engine to
- distribute at least a portion of the market value to content based on approval received from a crowd of users as to any given content, wherein the portion of the market value distributed to the content is the content's value;
- and an incentive engine for rewarding the crowd of users for quality participation in the approval of content;
- wherein the system further comprises at least a processor, memory, and hardware for communicatively coupling the valuation platform to the at least one user and the crowd of users over a network.
A system for valuing content, the system comprising at least a
- a valuation platform for determining a value of a content, the valuation platform comprising at least a content grouping engine communicatively coupled with a value distribution engine, the valuation platform further comprising at least storage, memory, and at least one processor,
- at least two user devices communicatively coupled to the valuation platform via a communication network,
- wherein at the content grouping engine the at least one processor performs a method for creating a pool of approval units for use in indicating approval of content shared over the communication network via the valuation platform, the method for creating a pool of approval units comprising the steps of:
- receiving at at least one server of the valuation platform, at least one content from a user;
- generating a predetermined number of approval units corresponding to the at least one content;
- pooling the approval units into a pool of approval units and making the pool of approval units available to at least one subsequent user;
- wherein at the value distribution engine the at least one processor performs a method for distributing approval units from a pool of approval units to content shared over the network via the valuation platform, the method for distributing approval units comprising the steps of:
- receiving input from the at least one subsequent user comprising at least an indication of approval of a content;
- assigning at least one approval unit from the pool of approval units to the content approved by the at least one subsequent user;
- removing approval units from the pool of approval units corresponding to the number of approval units assigned to the content approved by the at least one subsequent user;
- wherein the value of the content correlates to the number of approval units assigned to the content.
(canceled)
A non-transitory, tangible computer readable storage medium for storing instructions to perform a method for valuing content on a valuation platform via interaction with a crowd of users over a communication network, the method comprising
- receiving at at least one server of the valuation platform content from at least one user;
- assigning a predetermined base value to the content;
- generating a market value comprising the sum of all base value of all content received;
- distributing the market value to content based on input received from a crowd of users, said input entered on a user device communicatively coupled to the valuation platform via a communication network;
- wherein the method is performed by a processor of the valuation platform, in communication with the crowd of users via the at least one user device:
- and
- wherein the wherein the distributing the market value step is performed by a value distribution engine having at least one processor for performing a method for distributing approval units from a pool of approval units to content shared over the communication network via the valuation platform, the method for distributing approval units comprising the steps of:
- receiving input from the at least one subsequent user comprising at least an indication of approval of a content;
- assigning at least one approval unit from the pool of approval units to the content approved by the at least one subsequent user;
- removing approval units from the pool of approval units corresponding to the number of approval units assigned to the content approved by the at least one subsequent user;
- wherein a value of the content is determined and correlates to the number of approval units assigned to the content.
Dependencies are inferred from the claim text.