Unknown Organization (20240330884). DEBIT MY DATA CUSTOM LOGO AND FACIAL RECOGNITION SYSTEM AND METHOD FOR MONETIZATION OF NON-FUNGIBLE TOKENS simplified abstract
DEBIT MY DATA CUSTOM LOGO AND FACIAL RECOGNITION SYSTEM AND METHOD FOR MONETIZATION OF NON-FUNGIBLE TOKENS
Organization Name
Inventor(s)
Preska Thomas of Port Saint Lucie FL (US)
DEBIT MY DATA CUSTOM LOGO AND FACIAL RECOGNITION SYSTEM AND METHOD FOR MONETIZATION OF NON-FUNGIBLE TOKENS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240330884 titled 'DEBIT MY DATA CUSTOM LOGO AND FACIAL RECOGNITION SYSTEM AND METHOD FOR MONETIZATION OF NON-FUNGIBLE TOKENS
The abstract describes a system for monetizing the value of non-fungible tokens (NFTs) by capturing a user's personal logo material, embedding it into an NFT, posting it on a blockchain, inviting advertisers to associate corporate logos with the NFT, receiving funds from advertisers for advertising services, and remitting a portion of the funds to the user.
- The system captures personal logo material of a user and embeds it into an NFT.
- Advertisers can associate corporate logos with the NFT by inserting them into the NFT.
- The system receives funds from advertisers for advertising services and remits a portion of the funds to the user.
Potential Applications: - Monetizing personal logo material through NFTs - Advertising services using NFTs with corporate logos - Creating unique digital assets for users
Problems Solved: - Providing a platform for users to monetize their personal logo material - Offering a new way for advertisers to engage with users through NFTs
Benefits: - Users can earn money from their personal logo material - Advertisers can reach a targeted audience through NFTs - Enhancing user engagement and brand visibility
Commercial Applications: - Digital marketing campaigns using NFTs - Brand collaborations with users for advertising purposes - NFT marketplace for personalized digital assets
Questions about the technology: 1. How does the system ensure the security and authenticity of the NFTs? 2. What measures are in place to prevent unauthorized use of personal logo material in the NFTs?
Frequently Updated Research: - Stay updated on the latest trends in NFT advertising and monetization strategies.
Original Abstract Submitted
a system for monetizing value of non-fungible tokens (nft) is provided comprising a computer and application executing thereon that captures personal logo material of a user, embeds the logo material into an nft of the user, posts the nft on a blockchain, invites advertisers to associate corporate logos with the nft, receives funds from a first advertiser for advertising services using the nft with a corporate logo of the first advertiser associated therewith, and captures a portion of the funds for remittance to the user. the system provides an application for local use by the user to at least one of capture the personal logo, the personal logo comprising at least one of an image of the user and a logo representing the user. the system embeds the captured personal logo into the nft. associations of logos with nfts by advertisers comprises insertion of corporate logos into the nfts.
