LOCI’s mission is to disrupt the global patent industry, and to change the way the world invents and values ideas. LOCIcoin utility tokens are used exclusively within the LOCI suite of products for the purposes of searching, analyzing, staking and exchanging Intellectual Property. LOCI Search provides a unique and patented Venn Diagram IP search tool for FREE (https://www.locisearch.com/) LOCI Invention Analysis helps new inventors determine the novelty and demand (undergoing further development) for their ideas before they spend money trying to patent. This is a huge cost savings of about 95% compared to traditional patent attorney searches. LOCI Invention Analysis can also help guide inventors toward “white space” where there are relatively few existing patents, where demand is high, so the inventor has the best possible chance of being awarded a patent, and/or selling their idea. Inventors can submit multiple iterations to help refine their idea and identify alternative applications of their invention. The ultimate goal of the inventor while using Invention Analysis is to achieve a optimal “LOCI Score” which indicates that their idea is unique, and in high demand. Once an inventor has refined their idea to feel confident that it is unique and in high demand, then they will be able to easily translate their idea into a provisional patent application using the LOCI system that is directly filed with the USPTO (in development), as well as stake their claim on the blockchain, which provides an immutable, undisputable time-stamp of the staked idea. This protects the invention for a period of 12 months at a very low cost. Visit https://loci.io for more information!
