Real-time competitive method of auction using an auctioneer
First Claim
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1. A method of conducting an electronic auction utilizing a remote broadcast location, a computer network;
- said computer network comprising a host web server, an auction information server, an auction server, an auctioneer and a plurality of remote computers and communication lines connecting said remote computers to said computer network and to said remote broadcast location;
said method of auction comprising of the following steps;
said plurality of remote computers access a website on the world wide web;
said plurality of remote computers establish connectivity with said host web server by way of said website;
said plurality of remote computers register to qualify to participate in said method of auction by way of said website;
said host web server qualifies and grants said plurality of remote computers access to participate in said method of auction;
said host web server establishes real-time connectivity with said remote broadcast location and with said plurality of remote computers;
said host web server substantially simultaneously displays to said plurality of remote computers, real-time, live-stream broadcast signals;
said broadcast signals comprise varied electronic data;
said plurality of remote computers individually, successively and simultaneously input electronic data in response to said broadcast signals from said host web server;
said auction server receives, validates and processes in a ranked order said electronic data originating from said plurality of remote computers;
said host web server simultaneously broadcasts real-time in a ranked order to all of said plurality of remote computers said electronic data originating from any one of said plurality of remote computers;
said host web server repeats steps “
i” and
“
j”
each time said host web server receives said electronic data from any of said plurality of remote computers;
said host web server determines when said electronic data originating from any one or all of said plurality of remote computers has ceased;
said auction server determines which of said plurality of remote computers sent the most recent submission of said electronic data; and
said host web server broadcasts real-time to said plurality of remote computers the status of the cessation of said electronic data entry and the results thereof.
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Abstract
The present inventive device provides a new method of interactive, competitive, rapid-fire, on-line auction using an auctioneer. To this end, the present invention generally is comprised of a computer network; the internet; an auction; an auctioneer; real-time, live-stream streaming processes and devices; video, visual, audio, text, biometric and electronic data; an auction input device; and an auction output device.
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Citations
68 Claims
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1. A method of conducting an electronic auction utilizing a remote broadcast location, a computer network;
- said computer network comprising a host web server, an auction information server, an auction server, an auctioneer and a plurality of remote computers and communication lines connecting said remote computers to said computer network and to said remote broadcast location;
said method of auction comprising of the following steps;
said plurality of remote computers access a website on the world wide web;
said plurality of remote computers establish connectivity with said host web server by way of said website;
said plurality of remote computers register to qualify to participate in said method of auction by way of said website;
said host web server qualifies and grants said plurality of remote computers access to participate in said method of auction;
said host web server establishes real-time connectivity with said remote broadcast location and with said plurality of remote computers;
said host web server substantially simultaneously displays to said plurality of remote computers, real-time, live-stream broadcast signals;
said broadcast signals comprise varied electronic data;
said plurality of remote computers individually, successively and simultaneously input electronic data in response to said broadcast signals from said host web server;
said auction server receives, validates and processes in a ranked order said electronic data originating from said plurality of remote computers;
said host web server simultaneously broadcasts real-time in a ranked order to all of said plurality of remote computers said electronic data originating from any one of said plurality of remote computers;
said host web server repeats steps “
i” and
“
j”
each time said host web server receives said electronic data from any of said plurality of remote computers;
said host web server determines when said electronic data originating from any one or all of said plurality of remote computers has ceased;
said auction server determines which of said plurality of remote computers sent the most recent submission of said electronic data; and
said host web server broadcasts real-time to said plurality of remote computers the status of the cessation of said electronic data entry and the results thereof. - View Dependent Claims (2, 3, 4, 9, 11, 13, 15, 17, 19, 20, 22, 24, 26, 27, 30, 31, 34, 36, 49, 53, 55, 56, 58, 59, 60, 63, 65, 66, 68)
- said computer network comprising a host web server, an auction information server, an auction server, an auctioneer and a plurality of remote computers and communication lines connecting said remote computers to said computer network and to said remote broadcast location;
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5. A method of conducting a real-time interactive auction utilizing a computer network;
- said computer network comprising a remote broadcast location, host web server, an auction information server, an auction server, an absentee bid agent, an auctioneer and a plurality of remote computers and communication lines connecting said remote computers to said computer network;
said method of auction comprising of the following steps;
said plurality of remote computers access a website on the world wide web;
said plurality of remote computers establish connectivity with said host web server by way of said website;
said plurality of remote computers register to qualify to participate in said method of auction by way of said website;
said host web server qualifies and grants said plurality of remote computers access to participate in said method of auction;
said host web server establishes real-time connectivity with said plurality of remote computers;
said host web server substantially simultaneously displays to said plurality of remote computers, real-time, live-stream broadcast signals;
said broadcast signals comprise varied electronic data;
said plurality of remote computers individually, successively and simultaneously input electronic data in response to said broadcast signals from said host web server;
said absentee bid agent individually, successively and simultaneously inputs electronic data in response to said broadcast signals from said host web server;
said auction server receives, validates and processes in a ranked order said electronic data originating from said plurality of remote computers;
said host web server simultaneously broadcasts real-time in a ranked order to all of said plurality of remote computers said electronic data originating from any one of said plurality of remote computers;
said host web server repeats steps “
i” and
“
j”
each time said host web server receives said electronic data from any of said plurality of remote computers;
said host web server determines when said electronic data originating from any one or all of said plurality of remote computers has ceased;
said auction server determines which of said plurality of remote computers sent the most recent submission of said electronic data; and
said host web server broadcasts real-time to said plurality of remote computers the status of the cessation of said electronic data entry and the results thereof. - View Dependent Claims (6, 7, 8, 10, 12, 14, 16, 18, 21, 23, 25, 28, 29, 32, 33, 35, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 50, 51, 52, 54, 57, 61, 62, 64, 67)
- said computer network comprising a remote broadcast location, host web server, an auction information server, an auction server, an absentee bid agent, an auctioneer and a plurality of remote computers and communication lines connecting said remote computers to said computer network;
Specification