Enclosed Software Platform and Method for the Financing of Creative Content/Productive Output

• US 20140304137A1
• Filed: 03/31/2014
• Published: 10/09/2014
• Est. Priority Date: 04/05/2013
• Status: Abandoned Application

• Current Assignee: SQD Holdings LLC
• Original Assignee: SQD Holdings LLC
• Inventors: Olson, Colin Charles, Sechrest, William Brett, Oliphant, Erich Kipling
• Application Number:
  US14/231,091
• Publication Number:
  US 20140304137A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/083 Shipping
• CPC Class Codes: G06Q 10/101 Collaborative creation, e.g. joint development of products or services
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0623 Item investigation
• CPC Class Codes: G06Q 30/0643 Graphical representation of items or shoppers
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A System and method that electronically allow consumers to invest in and obtain a product by presenting a website to a user, the website providing at least one product offering to a user. The system also electronically obtains one or more products to be displayed on a website that is associated with the system; the products may be obtained from one or more product creators or owners. The system also electronically allows users to view the products, invest in one or more product offerings, and purchase products.

Claims

1. A method of electronically forming a system to allow a user to invest in and obtain a product including the steps of:

presenting a website to a user, the website providing at least one product offering to a user;

electronically obtaining product to be displayed on said website;

electronically allowing a user to view said product;

electronically allowing a user to invest in said product offering;

electronically allowing a user to purchase said product;

electronically tracking revenues generated by purchases of said product;

electronically apportioning said revenues to a user based on their investment; and

electronically allowing a user to obtain said product.

2. The method of claim 1 wherein the product is a digital product and said system electronically delivers said digital product to said user thereby forming an enclosed system.

3. The method of claim 2 wherein said digital product is comprised of one or more musical compositions.

4. The method of claim 1 wherein the product is a tangible product and said system electronically arranges for the delivery of said tangible product to said user thereby forming an enclosed system.

5. The method of claim 1 wherein the product owner is allowed to assign a purchase price to the product.

6. The method of claim 3 wherein said digital product is a collection of individual songs comprising an album and said digital product owner is allowed to determine if individual songs may be sold.

7. The method of claim 1 wherein the product owner is allowed to specify an offering for the sharing of revenues associated with the product, said offering representing a percentage of revenues retained by the owner and percentage of revenues sold to investors as a fixed number of shares at a fixed price per share representing a proportional split of investor revenue.

8. The method of claim 1 wherein the product owner is allowed to specify a price for the offering.

9. The method of claim 7 wherein the investor is limited to a predetermined number of shares.

10. The method of claim 1 wherein product owners and investors can view total purchases of the product.

11. The method of claim 1 wherein a user is able to view a plurality of offerings from a plurality of product owners.

12. The method of claim 1 wherein said purchases and investments are processed by said system and said system electronically delivers said product thereby forming an enclosed system.

13. The method of claim 1 wherein said purchases and investments are processed by said system thereby forming a semi-enclosed system.

14. A method of electronically forming a system to allow a user to invest in a product and share in the revenue generated by sales of the product including the steps of:

presenting a website to a user, the website providing at least one product offering associated with a product to a user;

electronically allowing a user to view said product;

electronically allowing a user to invest in said product offering;

electronically allowing a user to purchase said product;

electronically tracking revenues generated by purchases of said product; and

electronically apportioning said revenues to a user based on their investment.

15. The method of claim 14 further including obtaining said product from a product owner.

16. The method of claim 15 further including apportioning said revenues to said user and said product owner based on said investment.

17. The method of claim 14 wherein said purchases and investments are processed by said system and said system electronically delivers said product thereby forming an enclosed system.

18. The method of claim 14 wherein said purchases and investments are processed by said system thereby forming a semi-enclosed system.

19. The method of claim 14 wherein said investor is limited to a predetermined number of shares of said offering.

20. The method of claim 14 wherein the product is a collection of individual songs comprising an album and the product owner is allowed to determine if individual songs may be sold.