Method and system for web-based idea prediction market investment
US8606618B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 31, 2011 |
| Grant date | Dec 10, 2013 |
| Priority date | — |
| Expiry date | Nov 7, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0203
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for idea prediction market investment is provided. In an idea management system, a network server advertises to a user, via a network and a client device, a first idea that the user can invest an amount of virtual money X during an investment period in an idea prediction market. The advertising indicates to the user how much virtual money Y the user will receive if the user holds the investment until the first idea gets selected at the close of the investment period. The return of investment (ROI) Y over X is based at least on a second idea in the idea prediction market. In one embodiment, the user may divest the investment X prior to the close of the investment period. In another embodiment, the user is prevented from divest the investment X prior to the close of the investment period.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.