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Unknown Organization (20240303619). Creation and Management of Creative Content with Intelligent Tracking simplified abstract

From WikiPatents

Creation and Management of Creative Content with Intelligent Tracking

Organization Name

Unknown Organization

Inventor(s)

Asmara Marek of Sebastopol CA (US)

Creation and Management of Creative Content with Intelligent Tracking - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240303619 titled 'Creation and Management of Creative Content with Intelligent Tracking

The system described in the abstract provides a platform for managing the creation and distribution of creative content using a distributed ledger.

  • The platform encodes unique creative assets on a blockchain and manages contracts for creators and shareholders.
  • Creators can create and join projects, manage production, organize legal documents, and receive payments for finished products.
  • The system allows creators and investors to accrue capital through an allocation system that incentivizes creators.
  • Creators can track ownership of projects to receive residuals on subsequent sales.
  • All types of creative content can be associated with a code for distribution.

Potential Applications: This technology can be used in the entertainment industry, publishing, art, and any other field where creative content is produced and distributed.

Problems Solved: This system streamlines the process of creating and distributing creative content, ensuring proper attribution and compensation for creators.

Benefits: Creators can easily manage projects, track ownership, and receive residuals, while investors can capitalize on successful projects.

Commercial Applications: This technology can be used by production companies, content creators, artists, and investors in the creative industry to streamline operations and ensure fair compensation.

Questions about the Technology: 1. How does this system ensure proper attribution and compensation for creators? 2. What types of projects can be managed using this platform?


Original Abstract Submitted

this system provides platforms to manage both the creation and distribution of creative content through a distributed ledger that encodes both the unique creative asset on a blockchain and the contracts of the creators and shareholders for said product. the platform allows creators to make and join projects, manage the production aspects of the project, organize the legal documents and permissions, and conclude the project with payments and a finished product. the apparatus additionally allows for creators and investors to accrue capital in the company through an allocation system that encourages the capitalization of creators. the management system allows creators to work on projects and track ownership to receive residuals on subsequent sales. all creative content whether individual or group, physical or digital, live recorded performance or any other artistic creation can associate the work with a code to create an original or authorized copy to distribute.

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