Back to results
US 2020/0005341 A1Published application
Future trends forecasting system
AssigneeConsensus Point, Inc.
InventorsKevin Bradley Marsh, Brad Wilson, Robin HANSON
Life of this patent
Estimating the term…
Abstract
Systems and methods for future trends forecasting based on prediction market probability estimates. Alternative simulated starting values for prediction markets are used in order to determine the preferred starting values for prediction markets to use in volumetric forecasting. A user interface that facilitates using prediction market probability estimates to determine future trends forecasts is described herein.
Claims20
A system for future trends forecasting comprising:
- a computer system comprising a server computer and at least one database in electronic, digital communication over a network, connectable or accessible remotely through the network by at least one device, the server computer running a software providing:
- an automated market maker;
- a liquidity management system (LMS) with administrative controls for the market maker that adjust a liquidity value;
- a transaction interface permitting an action involving a quantity of stock, currency, points, or tokens or a value of stock, currency, points, or tokens;
- and
- a future trends forecasting system;
- wherein the automated market maker automatically calculates and displays in the transaction interface the quantity of stock, currency, points, or tokens or the value of stock, currency, points, or tokens;
- wherein the future trends forecasting system is operable to determine a future trend forecast utilizing the action and the quantity of stock, currency, points, or tokens or the value of stock, currency, points, or tokens.
5 more elements
A system for future trends forecasting comprising:
- a computer system comprising a server computer and at least one database in electronic, digital communication over a network, connectable or accessible remotely through the network by at least one device, the server computer running a software providing:
- a market maker;
- a transaction interface;
- administrative controls operable to adjust a liquidity value;
- and
- a future trends forecasting system;
- wherein the market maker calculates and displays in the transaction interface a quantity of stock, currency, points, or tokens or the value of stock, currency, points, or tokens associated with an action;
- wherein the future trends forecasting system is operable to determine a future trend forecast based on the action and the quantity of stock, currency, points, or tokens or the value of stock, currency, points, or tokens.
5 more elements
A system for future trends forecasting comprising:
- a server computer and at least one database in electronic, digital communication over a network, connectable or accessible remotely through the network by at least one device, the server computer running a software providing:
- an automated market maker;
- controls for the automated market maker;
- and
- a transaction graphical user interface (GUI);
- wherein the automated market maker is operable to provide liquidity in the system by providing potential actions involving assets, wherein a value of the assets or a quantity of the assets associated with each potential action is determined based on a logarithmically spaced price ladder for the assets;
- and
- wherein the automated market maker calculates and displays in the transaction GUI the potential actions involving assets and the value of the assets or the quantity of the assets associated with each action.
5 more elements
Dependencies are inferred from the claim text.