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Loci (LOCI)

ICO

Platform for intellectual property discovery and mining. Platform users sell their ideas on the IP asset exchange that is like the eBay of IP. The company is venture backed, owns an expansive IP portfolio, and has a viable working product.

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Overview

Project industryBusiness Services & Consulting
FoundedUnited States
WhitepaperLoci White Paper Open

What is Loci

- Platform for intellectual property discovery and mining. - Stake ownership of IP on the Ethereum blockchain and sell it on the IP asset exchange. - Company owns an IP portfolio including its own granted utility patent. - The copmpany combines blockchain technology, machine learning, and predictive analytics to create a crowdsourced R&D platform. - Network effect. Combination of new user-discovered ideas with existing technologies through the use of predictive analytics enables the recognition of all possible deductive inventions that could branch off.

Details

Public sales: Dec 06, 2017 - Dec 29, 2017
Raised: 7,376,751 USD

Legal

Registration country: United States

Token info

Ticker: LOCI
Token standard: ERC-20
Dividends: No dividends.
Token price in USD: 1 Token = 0.750000 USD
Accepted currencies: ETH
Token distribution:
50% - Allocated to Launch Supporters
34% - Reserved to Purchase IP and Reward Platform Users
11% - Team, Advisors, Partners
5% - Non-profit Fund
Funds allocation:
40% - Product Development
35% - Marketing & Operations
10% - Legal Affairs & Advocacy
10% - Intellectual Property Services
5% - Security & Audit

Loci Roadmap

1
Phase 1

- Venn Diagram Visualization
- DIY searches
- Naming results set
- Suggesting words
- Search US & International patent databases

2
Phase 2

- Enhance Venn vizualization with 2D clustering
- Create web forms for expedited provisonal filing
- Develop training sets for machine learning
- Apply data mining techniques for additional data sources
- Develop clustering function
- Build framework for evolution of naming changes
- Develop distributed blockchain/ledge integration

3
Phase 3

- 3D visualizatin
- Improved word suggestions via machine learning
- Integrate crowdsourcing and machine learning
- Place location ID & timestamp on ledger
- Crowdsource patent examination process

4
Phse 4

- Build interactive token based marketplace for consortiums and investment pools
- Messaging and collaboration network
- Leverage machine learning to indentify groupings of ideas for consortiums
- Implement predictive analytics for determining valuations of ideas

Project team

John Wise
John Wise
CEO
John Wise linkedin
Brian Hwang
Brian Hwang
Director of Operations
Brian Hwang linkedin
Eric Ross
Eric Ross
Director of Technology
Eric Ross linkedin

Advisors

Charlie Kiser
Charlie Kiser
Carl Grant IIi
Carl Grant IIi
Bryan Feinberg
Bryan Feinberg
Brett Berlin
Brett Berlin
David Drake
David Drake
Advisor
David Drake linkedin
Tony Sousa
Tony Sousa
Chris Berlin
Chris Berlin
Michael Brunner
Michael Brunner

Social media

Loci web-siteLoci RedditLoci MediumLoci BTCTalkLoci LinkedInLoci TwitterLoci FacebookLoci SlackLoci Github

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