Bitcoin Forum

Alternate cryptocurrencies => Service Announcements (Altcoins) => Topic started by: Loci.io on July 24, 2017, 04:43:07 AM



Title: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on July 24, 2017, 04:43:07 AM
Hey Everyone! We are Loci, a search engine company focused on discovering novelty and indexing the world's inventions and ideas on a Blockchain! The global invention process is fundamentally flawed, which creates a chaotic and risky innovation landscape characterized by wasteful research and development spending. This process, convoluted and fraught with expense, inherently stifles progress. Legally protecting an idea is essential, but the patent process is difficult and expensive, and many inventors are forced to go straight to market or never follow through their invention. Globally, over $1 trillion is wasted in R&D spending each year because of outdated global intellectual property laws and processes. This wasted productivity accounts for nearly 80% of the global R&D budget. From patent attorneys, to inventors, to corporate analysts, there is a widespread need for the ability to quickly and comprehensively search the intellectual property landscape. Loci exists to solve that problem. Current tools for patent research are difficult to use, not precise enough in their search mechanisms, expensive, limited to outdated data, and do not deliver comprehensive results. Loci addresses these problems with a context based search tool from an expansive database that shows results in a simple and intuitive Venn diagram. By mapping the known, Loci can begin to fill in the “unknown," or in many cases, the “didn't realize it was known." Loci analyzes the trends of research, how users find what they are looking for, and trains our patented machine learning process to continue the momentum of research. What Loci gets back is a comprehensive map of all known patents and relevant information. When its queries fail, this map helps reveal the expanses of the unknown and unexecuted ideas and inventions. Loci then applies this approach to look back at older technologies, and attempts to find trends into what might happen next.

Loci and its patented technologies are poised to change the way the world invents, and the value of an idea as a whole.


 Loci, a company of 23 employees serving around 500 existing clients, invented, patented and launched the platform that is revolutionizing R&D. Loci's first patent, “System and Method for Fuzzy Concept Mapping, Voting Ontology Crowd Sourcing, and Technology Prediction," accessible from ( US9461876 B2), reconstructs the mechanisms by which ideas are discovered and attributed to owners. Loci's user platform, InnVenn, is a data aggregation source for search queries that allows users to recognize the location of novel inventions and ideas. This visualizes results in an interactive, user-modifiable, and a visually appealing Venn diagram of technologies, inventions, patents, ideas, and concepts. Loci's backend uses the data aggregating from InnVenn searches and refinements. The process is a patented proprietary tool built upon a unique combination of contextual searching, predictive analytics, machine learning, heuristics, Bayesian statistics, and user input. Under the current legal system, the idea discovery and patent process takes years. Loci can reduce that process to minutes. Using the blockchain, this system acts as immutable proof of intellectual property rights on a global scale. Once every past and present invention are on the blockchain, Loci will predict the interactions between every idea that exists or could exist. The gap between current technology and undiscovered connections is what Loci calls “whitespace." Loci helps inventors discover this “whitespace" and make the next big discovery

Loci will be launching a token sale on August 10, 2017, 00:00:00 UTC that will last until September 1, 2017, 00:00:00 UTC. We will be launching Loci Coins (LOCI) that has a fixed supply of 100 million tokens. The first public sale of LOCI Coins will be auctioned off at a rate of 100* Loci Coins (LOCI) to 1 Ether
(ETH).

LOCI Coins are an integral part of the function of the Loci system. To access the full version of the InnVenn search engine, one must pay in LOCI Coins or fiat. In order to save and stake your claim to IP on the blockchain, you must do so using LOCI Coins. Every time a LOCI Coin is spent on our platform, it gets deposited to one of Loci's wallets and placed back on an exchange for purchase. These funds will be used to further expand the development of the platform and seed inventors to bring their IP to reality. Our Token Sale will be used to ramp up the development of the InnVenn front end and all of its back end needs - algorithms, natural language processing tools, clustering functionality, naming systems, blockchain integration, ideation securitization - and other aspects of the business including building out the cloud infrastructure and dev-ops teams, sales and marketing teams, investor relations team and its legal team.

Our White Paper is available at www.loci.io

If you have an idea you want to check it's novelty, use our contextual search engine to discover if you are the first person to think of it here: http://innvenn.com.

Feel free to ask us any questions and follow us on twitter @Loci_io

Best,

The Loci Team


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: PreBoy1987 on July 24, 2017, 07:22:52 AM
Do we have any bounty or bonus programs...
It will be useful for first start.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on July 24, 2017, 08:12:06 AM
We have allocated a pool of tokens for a bug bounty. If you have found any bugs at this point in time please send the details to info@loci.io


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Niya on July 24, 2017, 08:55:30 AM
This looks like a good and professional project. Anyway, I think paying 249$ just to make a search is not so affordable for average users. Also, I think you make a little bit of confusion about LOCI coin, somewhere you say it's a coin, somewhere a token...


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Coinologist on July 24, 2017, 03:21:04 PM
Hey Everyone! We are Loci Pro, a search engine company focused on discovering novelty and indexing the world's inventions and ideas on a Blockchain! The global invention process is fundamentally flawed, which creates a chaotic and risky innovation landscape characterized by wasteful research and development spending.

Looks like a very niche offering in the space that is trying to solve a complex problem many are familiar with.  I can definitely get behind this one.  Subscribed.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on July 24, 2017, 07:56:10 PM
This looks like a good and professional project. Anyway, I think paying 249$ just to make a search is not so affordable for average users. Also, I think you make a little bit of confusion about LOCI coin, somewhere you say it's a coin, somewhere a token...

The $249 is a per month charge. Our competitor Lexus Nexus chargers per search. We are correcting the coin/token issue now.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: MBworld on July 26, 2017, 04:21:41 AM
This looks like a good and professional project. Anyway, I think paying 249$ just to make a search is not so affordable for average users. Also, I think you make a little bit of confusion about LOCI coin, somewhere you say it's a coin, somewhere a token...

any SM bounty for social media promo pls .. let the world know


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on July 26, 2017, 11:23:48 PM
Social Media Bounty Announcement

1 tweet referencing Loci= 2 Loci Coins

1 reddit post on r/ethtrader = 3 Loci coins



* For Twitter accounts with over 10k follower and Reddit accounts with over 4,000 post karma

1 tweet = 8 Loci Coins

1 reddit post on r/ethtrader = 10 Loci Coins

 

Rules: 1 entry per category per 24hrs. Total amount you can receive in a day is 5 Loci Coins for accounts under 10k followers and less than 4,000 post karma. Total amount that can be made is 18 Loci Coins for twitter accounts with over 10k follower and Reddit accounts with over 4,000 post karma. YOU MUST TAG US IN THE POST TO QUALIFY OR MESSAGE US DIRECTLY ON REDDIT WITH THE LINK TO THE POST (@Loci_io on twitter or Loci-io on reddit). We will comment under the post then send you a direct message to get your wallet address. Comments must have a link to www.loci.io and be about either Loci, the InnVenn search engine, Loci Token Sale, or the Loci Whitepaper. Loci Coins will be distributed on September 5th. This bounty will last for 30 days. We reserve the right to judge the content of the post, post must be positive or neutral in content and link to our site www.loci.io.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Coinologist on July 27, 2017, 12:04:48 AM
Social Media Bounty Announcement

1 tweet referencing Loci= 2 Loci Coins

1 reddit post on r/ethtrader = 3 Loci coins



* For Twitter accounts with over 10k follower and Reddit accounts with over 4,000 post karma

1 tweet = 8 Loci Coins

1 reddit post on r/ethtrader = 10 Loci Coins



Looks strong.  I noticed you guys updated your website too!! Nice work!


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: xeqoRameshAxueamExaqana on July 27, 2017, 01:18:08 AM
you loci dev team
where announcment theread, if you not ready create announcment thread is good you open thread in announcment section
about bounty campaign is good you post in marketplaced altcoin section


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on August 14, 2017, 03:31:16 AM
Loci Announces InnVenn Token Pre-Sale is SAFT Compliant
Only Accredited Investors Will Be Able to Purchase Utilitarian Tokens by Signing a SAFT Agreement

Reston, Virginia, July 14, 2017 --  To meet SEC (Security and Exchange Commission) regulations and make accredited investments as safe and compliant as possible, Loci.io is requiring token purchasers to review and sign a SAFT (Simple Agreement for Future Tokens) as part of their current token pre sale set to run until Aug. 31st*.

Pre-sale token purchasers will receive a 10% discount on the initial sale price.  Individual tokens can be purchased for the equivalent of $2.25 USD in Bitcoin, Ether or any fiat currency through an accredited investor in the U.S. with a signed SAFT contract.  Loci.io is selling a total of 5 million utilitarian tokens, or $11,250,000 USD, that can be used only to access their already viable product, InnVenn.

With these tokens, Loci intends to substantiate the underlying value missing from most existing cryptocurrencies with a globally recognized asset, Intellectual Property.

For $249 a month, InnVenn drastically reduces the cost and time needed in patent searches for entrepreneurs who cannot afford to spend $15,000+ on attorney fees and typically are forced to either give up their ideas or riskily proceed without patent protection.

Patent attorneys and investors can use InnVenn to offer the highest quality understanding of the intellectual property landscape to their clients by providing real-time patent search and registration data.  Before it's crowd sale scheduled in October 2017, Loci will be working on integrating into the InnVenn platform a distributed database to further enhance the security and privacy of patent searches and existing patents.

The Simple Agreement for Future Tokens (SAFT), a legal instrument and open-source framework, is highly relevant and important to this and other token sales because it aims to make the risks that come with early-stage investment opportunities clear to those individuals that purchase tokens or coins as part of an ICO (Initial Coin Offering).

Created by Cooley LLP, designed by Protocol Labs, and inspired by Y Combinator’s SAFE, the SAFT also serves to address the fact that federal securities laws now apply to the sale of virtual coins or tokens, according to a recent statement released by the SEC.  To learn more about token sales or ICOs, read the SEC’s Investor Bulletin on that topic.

To read more about the planned developments of the InnVenn platform, click here to read Loci’s latest white paper. To stay updated, you can either join Loci’s Slack, or follow along on Twitter.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: tdeannova on August 14, 2017, 03:49:09 PM

Loci will be launching a token sale on August 10, 2017, 00:00:00 UTC that will last until September 1, 2017, 00:00:00 UTC. We will be launching Loci Coins (LOCI) that has a fixed supply of 100 million tokens. The first public sale of LOCI Coins will be auctioned off at a rate of 100* Loci Coins (LOCI) to 1 Ether
(ETH).


Hi dev, here you say ico begins August 10, now 14 august so it's been 4 days ico running. how much is the achievement of ico to this day? Because I did not see it on your website.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on August 14, 2017, 04:12:35 PM
We just started today, our lawyers needed us to have all the proper documentation in.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Loci.io on August 14, 2017, 06:18:31 PM
https://steemit.com/ico/@loci/introducing-the-saft-compliant-loci-sale


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: ICOnow on September 28, 2017, 09:29:37 PM
Loci coin listed on ICOnow.net

http://iconow.net/loci-coin-in-our-ico-listing/ (http://iconow.net/loci-coin-in-our-ico-listing/)


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Kripto.hr on October 01, 2017, 05:05:36 PM
Here are some important Loci ICO informations everyone should read before investing.
https://steemit.com/cryptocurrency/@kriptonoob/loci-ico-info-tesla-was-born-to-early-and-together-we-can-change-the-world


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: anu on October 13, 2017, 07:20:56 PM
This project is different from other works on the market. I am glad to see such works, there is a need of original ideas on the market.


Title: EDITORIAL: Why LOCIcoin is a revolution for the patent industry (review)
Post by: smartillions on December 05, 2017, 01:40:28 AM
By Sonia Becker
​soniabecker@smartillions.ch

LOCIcoin is new but the company behind it is a real innovator in the patent industry with its own patent for patent discovery software.

Read the full review of LOCIcoin and its web patent search tool InnVenn here:
www.smartillions.ch/locicoin

NOTE: smartillons is an association of patent and cryptocurrency professionals and assists inventors with patent ICOs. smartillions is not affiliated with Loci and did not receive any compensation for this article.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Utomo on December 15, 2017, 11:51:58 AM
so the Loci coin will not be able to go above $ 2.49 ? as Nobody will buy it
Current price $ 0.57


Quote:
At this moment professional users are paying to use InnWenn 249,99$/Month. After Loci coins are out this is what is going to happen. Every user will have a choice, just to continue paying 249,99$/Month in fiat or to buy 100 Loci coins on the market and pay with them. This way it will always be interested users of innWenn to buy loci coins on the market if the price goes under 2,49$/coin.

source : https://steemit.com/cryptocurrency/@kriptonoob/loci-ico-info-tesla-was-born-to-early-and-together-we-can-change-the-world


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: angelamo on January 09, 2018, 01:44:23 AM
great yubit


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: Heubert on January 09, 2018, 01:14:37 PM
hello guys,

any ideia when LOCI will be listed in an crypto exchange?


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: AlexVelaskes on January 22, 2018, 04:43:34 PM
hello.
where can I see the prices for the token? on which exchanges are traded? ???


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: kerjakuat on January 31, 2018, 06:47:43 AM
Loci was has a successful ico but i didnt understand why the trade are dropping so low from ico. is the dev still honeymoon or something? we want to know a new news about LOCI this day. what are the progress currently now.


Title: Re: Introducing Loci and the Loci Coin Token Sale
Post by: UnknownTraders on February 12, 2018, 10:06:15 PM
Loci was has a successful ico but i didnt understand why the trade are dropping so low from ico. is the dev still honeymoon or something? we want to know a new news about LOCI this day. what are the progress currently now.



https://twitter.com/Waltonchain/status/963061918054236161


Partnership with Walton seems bullish as hell! Really under the radar so far.