System of fractional ownership of intellectual property
First Claim
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1. A computer-implemented method for managing fractional interests in intellectual property, the method comprising:
- pooling a first consideration from a first entity into a pooling account, the first consideration comprising an intellectual property interest;
pooling a plurality of additional considerations from a plurality of additional entities into the pooling account, the plurality of additional considerations comprising considerations other than interests in intellectual property;
apportioning, by a computer processor, fractional interests in the first consideration to the plurality of entities, wherein a value of the first consideration apportioned to a particular entity of the plurality of entities corresponds to a value of consideration contributed to the pooling account by the particular entity;
allocating the plurality of additional considerations in predetermined percentages to benefit at least the first entity and the plurality of additional entities;
allotting credit lines to the plurality of additional entities for purchasing perks related to the intellectual property interest and the first entity, the credit lines corresponding to values of the plurality of considerations contributed into the pooling account;
receiving a portion of the first entity'"'"'s outside revenues; and
increasing one or more of the credit lines of the plurality of additional entities in accordance with the amount of the received outside revenues.
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Abstract
A system of fractional ownership of intellectual property, and a method for providing same. The system can comprise a pooling account, a first entity, and at least one second entity. The first entity can have an interest in an intellectual property, and can transfer at least a portion of such interest into the pooling account. The second entity can contribute consideration into the pooling account. In return for the consideration from the second entity, a commensurate fractional interest in the intellectual property can be associated with the second entity.
30 Citations
11 Claims
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1. A computer-implemented method for managing fractional interests in intellectual property, the method comprising:
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pooling a first consideration from a first entity into a pooling account, the first consideration comprising an intellectual property interest; pooling a plurality of additional considerations from a plurality of additional entities into the pooling account, the plurality of additional considerations comprising considerations other than interests in intellectual property; apportioning, by a computer processor, fractional interests in the first consideration to the plurality of entities, wherein a value of the first consideration apportioned to a particular entity of the plurality of entities corresponds to a value of consideration contributed to the pooling account by the particular entity; allocating the plurality of additional considerations in predetermined percentages to benefit at least the first entity and the plurality of additional entities; allotting credit lines to the plurality of additional entities for purchasing perks related to the intellectual property interest and the first entity, the credit lines corresponding to values of the plurality of considerations contributed into the pooling account; receiving a portion of the first entity'"'"'s outside revenues; and increasing one or more of the credit lines of the plurality of additional entities in accordance with the amount of the received outside revenues. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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Specification
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Current AssigneeMarion Darnell Jones
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Original AssigneeMarion Darnell Jones
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InventorsJones, Marion Darnell
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Primary Examiner(s)CAMPEN, KELLY SCAGGS
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Application NumberUS11/951,935Publication NumberTime in Patent Office894 DaysField of Search705/4, 705/7, 705/1, 705/35, 705/36.R, 705/38, 705/39US Class Current705/36.00RCPC Class CodesG06Q 20/10 specially adapted for elect...G06Q 30/0228 On-line clearing housesG06Q 40/00 Finance; Insurance; Tax str...G06Q 40/06 Asset management; Financial...
