Patents are outdated. The future is Crypto Reward Courts

To inventor societies:

Email Image
Screenshot

Hello,

Patents, though they were the only widespread source to give money to inventors, have a deficiency: They limit the spreading of an invention to everybody. Patenting is also costly and takes a long time.

Now I present the future way to reward inventors. It is called Crypto Reward Courts.

We form committees or “reward courts” that decide how much an invention is worth and mint (“produce out of nothing”) crypto money to inventors. Reward courts should give preference to unpatented inventions, to make ideas free for everyone.

That way everyone benefits: the society receives an invention free for everybody and the inventor receives a reward.

BitCoin became costly because it is hard to produce it. It should be also reasonably hard to persuade your committee to pay to somebody. So the tokens you mint are expected to also become costly.

See here for a live beta version demo.

See here for the project description.

See here for the installation instructions (free tech support provided)

Enter the kind of currency you want to produce, the amount, and the recipient and click “Mint!” to mint crypto money. My software supports voting. So, the prize committees can vote with this software.

Now the software is beta. It remains mainly a security audit and design. In the meantime, please form committees that will judge whom to give rewards.

Don’t miss the opportunity to help inventors at almost zero (well, you need to pay a few dollars per year for fulfilling blockchain transactions) costs for you! Use tough edge blockchain tech, we are in 21st century.

I self-assign myself as the coordinator of the committees with the purpose not to form too many duplicate committees but organize well. This email is written before the software release to give you enough time to establish committee members and committee rules. Don’t hesitate to write to porton.victor@gmail.com

By the way, the proper way to protect an invention from stealing would be BitCoin proof of ownership, not a patent. It costs much less than a patent, is available after less than an hour, and does not restrict usage for an invention freely by anybody.

The software release is expected soon.

Victor Porton <porton.victor@gmail.com>

+972-545229306 (Ashkelon, Israel)

Leave a Reply