Topic: [ANN][ICO] LOCI Thinking Better. Together. - page 16. (Read 9621 times)
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It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.
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How will your tokens gain in value? What's in it for ICO investors?
Supply and demand will catapult the value of the LOCI Coin and those of us that get in on the ground floor will reap the benefits!
Can someone please tell me the fundamental difference between fiat currencies and cryptocurrencies?
In cryptocurrencies, there is a fixed number or a fixed amount of them that are created.
Can someone please tell me the fundamental difference between fiat currencies and cryptocurrencies?
InnVenn makes the patenting process more secure and confidential by making the whole process transparent.
Finally a patent process that all of us can understand and use. Can you imagine all of the exciting new products that will finally see the light of day?!
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Finally a patent process that all of us can understand and use. Can you imagine all of the exciting new products that will finally see the light of day?!
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Is this market regulated?
Yes the market is regulated
The laws on vary from state to state.
Some States are favorable others are not,
some are still deciding.
The link below is to an article that details the law of each state.
https://steemit.com/blockchain/@maxprophet/united-state-regulation-2017-bitcoin-and-blockchain-regulation
On the federal level,
A couple months back the Securities Exchange Commission (“SEC”),
warned a that some digital “tokens”or “coins” will be considered “Securities”
and therefore subject to the laws and regulations that govern.
To determine if a coin is a Security They applied the Howey test.
The Howey test basically states, If money is invested in a common enterprise
with the expectation of profit
gained by efforts of others, it is a Security.
Here is a link to; The Laws That Govern the Securities Industry
https://www.sec.gov/answers/about-lawsshtml.html
Here is a link to; INVESTOR BULLETIN: INITIAL COIN OFFERINGS
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
@jackjeffreys- Thank you for the education here as I can see that your deeply concerned about the legalities regarding CryptoCurrencies, ICOs and regulators and all. That is fair enough. However since not one word in this comment mentions this project I would conclude that this comment falls outside the scope of this project and needs to be flagged as off-topic here in this [ANN]Thread and belongs somewhere else such as 'Marketplace'>'Securities' which you can locate on the 'Home' Page of BitcoinTalk.org because its relevance is General comparable to a passenger wearing a seat belt while riding in an automobile. Any thorough study or even highlighted reading of the whitepaper or SAFT clearly shows that when it comes to legalities the Officers of this project spent most likely over $100k USD and retained Cooley LLP to write up the SAFT and cover all legal basis. If your not familiar with Cooley LLP they are the Law Firm in the Silicon Valley that has represented Facebook, Twitter, Cisco, Tesla, Google, Uber and the Golden State Warriors. This leaves me to assume that this project has covered its basis legally. Thank you for your information above however lets try to keep on topic and relevant here. Thanks!
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Can intellectual property, ideas and inventions within the Loci system be directly licensed or sold to any corporation, company, investor or other inventor anywhere in the world?
Yes exacly, that is the idea behind Loci
Can intellectual property, ideas and inventions within the Loci system be directly licensed or sold to any corporation, company, investor or other inventor anywhere in the world?
Loci is completely compliant with the laws and we are constantly in contact with our lawyers.
Is this market regulated?
Yes the market is regulated
The laws on vary from state to state.
Some States are favorable others are not,
some are still deciding.
The link below is to an article that details the law of each state.
https://steemit.com/blockchain/@maxprophet/united-state-regulation-2017-bitcoin-and-blockchain-regulation
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If an inventor uses InnVenn and discovers their idea is unique, can they keep their identity private until their patent is approved by the USPTO?
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Yes, because they may want to prevent a corporation with a hefty capital budget from attempting to develop a copycat or similar product while they await the approval of their provisional patent.
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Because InnVenn records the date, time and keywords used in a patent search and combines it with the immutability of the blockchain, your idea is protected the moment you conduct your search within InnVenn.
This eliminates the time and financial barriers for everyone that is attempting to secure a provisional patent.
It is interesting to think about what new ideas will be brought to life.
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If an inventor uses InnVenn and discovers their idea is unique, can they keep their identity private until their patent is approved by the USPTO?
.
.
Yes, because they may want to prevent a corporation with a hefty capital budget from attempting to develop a copycat or similar product while they await the approval of their provisional patent.
.
Because InnVenn records the date, time and keywords used in a patent search and combines it with the immutability of the blockchain, your idea is protected the moment you conduct your search within InnVenn.
This eliminates the time and financial barriers for everyone that is attempting to secure a provisional patent.
.
If an inventor uses InnVenn and discovers their idea is unique, can they keep their identity private until their patent is approved by the USPTO?
.
.
Yes, because they may want to prevent a corporation with a hefty capital budget from attempting to develop a copycat or similar product while they await the approval of their provisional patent.
.
Because InnVenn records the date, time and keywords used in a patent search and combines it with the immutability of the blockchain, your idea is protected the moment you conduct your search within InnVenn.
.
If an inventor uses InnVenn and discovers their idea is unique, can they keep their identity private until their patent is approved by the USPTO?
.
.
Yes, because they may want to prevent a corporation with a hefty capital budget from attempting to develop a copycat or similar product while they await the approval of their provisional patent.
.
.
If an inventor uses InnVenn and discovers their idea is unique, can they keep their identity private until their patent is approved by the USPTO?
.
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One of the best features of InnVenn is the ability to perform searches to determine if your idea already exists. The system also has the capability to “stake your claim” and allow you to enter information that would be used for a provisional patent and transmit that to your IP lawyer.
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I agree and it is InnVenn’s relationships with IP law firms that protect your ideas under attorney-client privilege.
InnVenn also allows that claim to be sent to the blockchain which gives immutable and court admissible proof of when your discovery was made.
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One of the best features of InnVenn is the ability to perform searches to determine if your idea already exists. The system also has the capability to “stake your claim” and allow you to enter information that would be used for a provisional patent and transmit that to your IP lawyer.
.
.
I agree and it is InnVenn’s relationships with IP law firms that protect your ideas under attorney-client privilege.
.
One of the best features of InnVenn is the ability to perform searches to determine if your idea already exists. The system also has the capability to “stake your claim” and allow you to enter information that would be used for a provisional patent and transmit that to your IP lawyer.
.
.
InnVenn makes the patenting process more secure and confidential by making the whole process transparent.
.
.
.
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Who are some of LOCI InnVenn's larger competitors?
In my opinion there are no real competitors. We have never seen anything like this project to date. LOCI is by far one of the best 'use cases' for a Blockchain that I have ever seen.
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