APP CATS LLC (20240420235). COMMODITY-BACKED NFT TOKENS AND DUAL TOKENS

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COMMODITY-BACKED NFT TOKENS AND DUAL TOKENS

Organization Name

APP CATS LLC

Inventor(s)

Bradley Charles Geer of Minneapolis MN (US)

Kristin Michelle Geer of Minneapolis MN (US)

COMMODITY-BACKED NFT TOKENS AND DUAL TOKENS

This abstract first appeared for US patent application 20240420235 titled 'COMMODITY-BACKED NFT TOKENS AND DUAL TOKENS



Original Abstract Submitted

disclosed herein are a system and method including a platform that administers a mobile app that allows user to participate in obtaining and trading non-fungible tokens (nfts). in particular an embodiment includes a trust certificate that is attached to a nft, where the certificate is both detachable and redeemable for its pro rata share of the net asset value of an associated trust. in yet another embodiment, a dual-purpose certificate is attached to a nft that is divisible.