Method And System For Digital Currency Creation And Marketing

  • Published: Aug 3, 2017
  • Earliest Priority: Jan 29 2016
  • Family: 1
  • Cited Works: 0
  • Cited by: 0
  • Cites: 3
  • Additional Info: Full text
Abstract

A method and system which allow an actor/user to create new cryptocurrency, designed to motivate people to an active lifestyle in various fields by making certain activities or actions, which can be measured and verified using smartphones or other telecommunication devices. The method creates two kinds of universal cryptocurrency, namely: cryptocurrency/time, based on a time during which the activities or actions were performed and cryptocurrency/quantity, based on the amount/quantity of performed activities or actions. The method converts amount of time during which activities/actions were performed into the cryptocurrency/time and also converts amount of activities/actions which were performed into the cryptocurrency/quantity. Thus, a cryptocurrency/time and a cryptocurrency/quantity are parts of a new single digital currency under the preliminary name: “CRYPTonFly” as the abbreviation of words “creation cryptocurrency on the fly”, which empowers each individual a freedom and ability to make money converting certain activities and actions into the digital currency.


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Document History
  • Publication: Aug 3, 2017
  • Application: Jan 29, 2016
    US US 201615010019 A
  • Priority: Jan 29, 2016
    US US 201615010019 A

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