Cryptocurrency Incentive or Reward for Business Transactions
OwnerJames Timothy Byers, Charles Joseph Byersinventors
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Abstract
Herein, methods are described for using cryptocurrency to reward and/or incentivize donations, sales, and all forms of trade. The underlying transaction(s) does not need to be in cryptocurrency but can be any form of trade or agreement. The reward mechanism can be customized based on the transaction type and value, ensuring flexibility and adaptability to various business models.
Claims1
The present invention relates to the use of cryptocurrency by organization(s) or person(s) as an incentive or reward to other organization(s) or person(s) for sales, donations, investments, or any business transaction(s). In particular, the invention presents the necessary and optional components for using cryptocurrency as an incentive or reward for a business transaction(s) to increase the likelihood of success for that transaction(s) or to encourage repeat business.
Dependencies are inferred from the claim text.