TUNEGO, INC. (20250068705). NON-FUNGIBLE TOKEN (NFT) CONTENT IDENTIFIER WITH SPLIT TRACKING
NON-FUNGIBLE TOKEN (NFT) CONTENT IDENTIFIER WITH SPLIT TRACKING
Organization Name
Inventor(s)
Mark Goldston of Beverly Hills CA (US)
Stacy Haitsuka of Las Vegas NV (US)
John Kohl of Henderson NV (US)
Ofek Hayon of Las Vegas NV (US)
Harold Mackenzie of Torrance CA (US)
NON-FUNGIBLE TOKEN (NFT) CONTENT IDENTIFIER WITH SPLIT TRACKING
This abstract first appeared for US patent application 20250068705 titled 'NON-FUNGIBLE TOKEN (NFT) CONTENT IDENTIFIER WITH SPLIT TRACKING
Original Abstract Submitted
a system and method for initiating a royalty percentage calculation with a minting process of a non-fungible token (nft) associated with media content comprising, for example, identifying, via a digital vault, media content stored and accessible through the digital vault in a request from an nft creator to utilize the media content in the nft; initiate the minting process with the media content that converts digital data associated with the media content into digital assets recorded on a blockchain; storing the digital data in a distributed ledger or decentralized database that cannot be edited, modified, or deleted; upon completion of the minting process, initiating one or more processes associated with the media content or the nft in accordance with royalty percentages of the media content; and transmitting an alert to the nft creator and rights holder associated with the one or more payment transactions to the accounts.