INMO, LLC (20240378601). Systems and Methods for Transferring Digital Assets to Content Creators on Social Media Platforms simplified abstract
Contents
Systems and Methods for Transferring Digital Assets to Content Creators on Social Media Platforms
Organization Name
Inventor(s)
Blake Patterson of Birmingham AL (US)
Adelaide Matte of Birmingham AL (US)
Geran De Klerk of Cape Town (ZA)
Systems and Methods for Transferring Digital Assets to Content Creators on Social Media Platforms - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240378601 titled 'Systems and Methods for Transferring Digital Assets to Content Creators on Social Media Platforms
The abstract of this patent application describes systems and methods for transferring digital assets between parties, specifically content creators on social media platforms. Content creators can upload input data, which consumers can interact with, and the system can determine the quality of these interactions to reward the content creator with digital assets stored on a blockchain.
- Content creators can upload input data through the system.
- Consumers can interact with the input data through the system.
- The system can determine the quality of consumer interactions with the input data.
- Content creators are rewarded with digital assets based on the quality of consumer interactions.
- Ownership rights in the digital assets are transferred to the content creator.
Potential Applications: - Rewarding content creators on social media platforms. - Facilitating transactions of digital assets securely through blockchain technology.
Problems Solved: - Providing a fair and transparent way to reward content creators based on consumer interactions. - Ensuring secure ownership rights of digital assets through blockchain technology.
Benefits: - Incentivizing content creation and engagement on social media platforms. - Streamlining the transfer of digital assets between parties.
Commercial Applications: Title: Digital Asset Transfer System for Content Creators This technology can be used in social media marketing campaigns, influencer collaborations, and digital content monetization strategies.
Questions about Digital Asset Transfer System for Content Creators: 1. How does this system ensure the security of ownership rights in digital assets? 2. What are the potential challenges in implementing this technology on a large scale?
Frequently Updated Research: Stay updated on advancements in blockchain technology and social media platform integrations for digital asset transfers.
Original Abstract Submitted
systems and methods are disclosed herein for transferring digital assets between parties. the systems and methods can transfer digital assets to content creators on social media platforms. a content creator can upload input data through a computer of the system, and consumers can interact with the input data through computers of the system. the systems and methods can determine the amount of consumer interaction with the input data and reward the content creator with one or more digital assets based on the quality of the consumer interactions with the input data. the systems and methods can reward the content creator by transferring ownership rights in the one or more digital assets stored on a blockchain.