SYSTEM OF FRACTIONAL OWNERSHIP OF INTELLECTUAL PROPERTY
First Claim
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1. A method for managing fractional interests in intellectual property, the method comprising:
- establishing a pooling account;
transferring an interest in intellectual property in the pooling account from a first entity having an interest in the intellectual property;
receiving consideration from a second entity;
depositing the consideration in the pooling account; and
associating a fractional interest in the intellectual property with the second entity based upon the consideration received from the second entity and deposited in the pooling account.
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Abstract
A system of fractional ownership of intellectual property, allowing individuals or entities to contribute for the benefit of an entity owning intellectual property, and in return, granting these individuals or entities certain rights to the intellectual property. Use of the present invention creates an accurate valuation of the intellectual property, while generating income for the entity owning the intellectual property and granting limited benefits of ownership to the contributors.
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Citations
20 Claims
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1. A method for managing fractional interests in intellectual property, the method comprising:
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establishing a pooling account; transferring an interest in intellectual property in the pooling account from a first entity having an interest in the intellectual property; receiving consideration from a second entity; depositing the consideration in the pooling account; and associating a fractional interest in the intellectual property with the second entity based upon the consideration received from the second entity and deposited in the pooling account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A computer readable medium having computer readable instructions stored thereon for execution by a processor to perform a method for managing fractional interests in intellectual property, the method comprising:
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establishing a pooling account; transferring an interest in intellectual property in the pooling account from a first entity having an interest in the intellectual property; receiving consideration from a second entity; depositing the consideration in the pooling account; and associating a fractional interest in the intellectual property with the second entity based upon the consideration received from the second entity and deposited in the pooling account. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification