Patent 4: Vote to Earn (VTE) Decentralized Governance
Patent 4: Vote to Earn (VTE) Decentralized Governance Incentivization System and Method. USPTO Filing # 18/399,100
The VTE system reimagines community governance through incentivized participation using blockchain technology. It encourages active involvement in decision-making processes while rewarding users with tokens. VTE combats issues like fraudulent voting and limited community engagement, offering security measures, decentralized governance, robust token utility, and transparent economic models. With decentralized data storage, scalability, user-friendly interfaces, and legal compliance, VTE aims to be the future of transparent and rewarding community governance.
Claims
Claim 1: A decentralized voting platform, herein referred to as the VTE DApp, that employs advanced security measures to protect against fraudulent activities, Sybil attacks, and manipulation, ensuring the integrity of the voting process.
Claim 2: A decentralized autonomous organization (DAO) framework, integrated within the VTE DApp, enables users to propose and vote on initiatives, thereby granting them direct influence over the ecosystem's development.
Claim 3: A versatile token, denoted as the VTE token, with extensive utility beyond voting, offering governance rights, staking capabilities, and access to premium features within the ecosystem.
Claim 4: A system for secure storage of voting records and user data utilizing blockchain technology and decentralized storage solutions, ensuring data immutability and resistance to censorship.
Claim 5: A scalable platform, represented by the VTE DApp, capable of accommodating a growing user base and increased voting activity without network congestion, thus ensuring system scalability.
Claim 6: An intuitive user interface, integrated into the VTE DApp, that enhances user engagement and actively encourages participation in decision-making processes. The user interface contemplates biometric identity verification to validate VTE participant.
Claim 7: Transparent economic models, embedded within the VTE DApp, governing token rewards based on various factors, including voting activity, participation levels, and overall contributions to the ecosystem.
Claim 8: A community-driven governance model, facilitated by the VTE DApp, empowering users to actively shape rules, propose changes, and collectively decide on the platform's evolution.
Claim 9: Strategic integrations between the VTE DApp and complementary decentralized applications (DApps), expanding the ecosystem's functionality and use cases through seamless integration.
Claim 10: A system ensuring legal compliance, incorporated within the VTE DApp, encompassing aspects such as data privacy, Know Your Customer (KYC), Anti-Money Laundering (AML) procedures, and token reward mechanisms, thus ensuring adherence to applicable laws and regulations.
Claim 11: Rigorous security audits conducted prior to smart contract deployment, ensuring vulnerability identification and guaranteeing platform security, reliability, and resilience.
These claims highlight the uniqueness and innovation of the VTE system, positioning it as a pioneering solution in the realm of community governance, offering transparency, security, and rewarding experiences for decentralized decision-making processes.
FULL PATENT FILING HERE
ILLUSTRATIONS
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