[ANN][ICO] LOCI Thinking Better. Together.

[bsean]

Is this market regulated?

 
Yes the market is regulated

The laws on vary from state to state.

Some States are favorable others are not,

 some are still deciding.

 The link below is to an article that details the law of each state.

https://steemit.com/blockchain/@maxprophet/united-state-regulation-2017-bitcoin-and-blockchain-regulation

On the federal level,

 A couple months back the Securities Exchange Commission (“SEC”),

warned a that some digital “tokens”or “coins” will be  considered “Securities”

and therefore subject to the laws and regulations that govern.

To determine if a coin is a Security They applied the Howey test.

The Howey test basically states, If money is invested in a common enterprise

with the expectation of profit

gained by efforts of others,  it is a Security.


Here is a link to; The Laws That Govern the Securities Industry

https://www.sec.gov/answers/about-lawsshtml.html


Here is a link to; INVESTOR BULLETIN: INITIAL COIN OFFERINGS

https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings

@jackjeffreys- Thank you for the education here as I can see that your deeply concerned about the legalities regarding CryptoCurrencies, ICOs and regulators and all. That is fair enough. However since not one word in this comment mentions this project I would conclude that this comment falls outside the scope of this project and needs to be flagged as off-topic here in this [ANN]Thread and belongs somewhere else such as 'Marketplace'>'Securities' which you can locate on the 'Home' Page of BitcoinTalk.org because its relevance is General comparable to a passenger wearing a seat belt while riding in an automobile. Any thorough study or even highlighted reading of the whitepaper or SAFT clearly shows that when it comes to legalities the Officers of this project spent most likely over $100k USD and retained Cooley LLP to write up the SAFT and cover all legal basis. If your not familiar with Cooley LLP they are the Law Firm in the Silicon Valley that has represented Facebook, Twitter, Cisco, Tesla, Google, Uber and the Golden State Warriors. This leaves me to assume that this project has covered its basis legally. Thank you for your information above however lets try to keep on topic and relevant here. Thanks!

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[D McCann]

InnVenn makes the patenting process more secure and confidential by making the whole process transparent.



Finally a patent process that all of us can understand and use.  Can you imagine all of the exciting new products that will finally see the light of day?!









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[D McCann]

Can someone please tell me the fundamental difference between fiat currencies and cryptocurrencies?

[Debra M]

Can someone please tell me the fundamental difference between fiat currencies and cryptocurrencies?

In cryptocurrencies, there is a fixed number or a fixed amount of them that are created.

[Debra M]

How will your tokens gain in value?  What's in it for ICO investors?

Supply and demand will catapult the value of the LOCI Coin and those of us that get in on the ground floor will reap the benefits!

[Debra M]

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It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.

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[Chase13]

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It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.

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I agree and would like to add that the talented Loci team specializes in simplifying the patent search process and utilizing unique visualizations to further understand the landscape of ideas.

[D McCann]

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It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.

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Loci is a company that aims to change the way we invent and value ideas. The company specializes in simplifying the patent search process.

[Debra M]

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It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.

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Loci is a company that aims to change the way we invent and value ideas. The company specializes in simplifying the patent search process.

Loki’s vision is to make the process so easy and efficient that it spawns new invention and innovation.

[Chase13]

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It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.

.

Loci is a company that aims to change the way we invent and value ideas. The company specializes in simplifying the patent search process.

.

It sounds to me that Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole.

.

Loci is a company that aims to change the way we invent and value ideas. The company specializes in simplifying the patent search process.

Loki’s vision is to make the process so easy and efficient that it spawns new invention and innovation.

The developers see an opportunity to use Ethereum’s smart contracts to secure intellectual property for inventors and companies.

[D McCann]

I can't wait for Loci to migrate over to the Ethereum protocol and begin testing its smart contract technology within the InnVenn platform!

[D McCann]

On the BlockGeeks website there is a good article for those of us who would like to familiarize ourselves with BlockChain.

What is Blockchain Technology? A Step-by-Step Guide For Beginners

https://blockgeeks.com/guides/what-is-blockchain-technology/

[D McCann]

I just found the following recent article written by Loci's CEO John Wise on the Medium website:

Staking a Claim in the InnVenn Marketplace

https://medium.com/@John_Loci/staking-a-claim-in-the-innvenn-marketplace-de9e03a05de3

[D McCann]

I just found the following recent article written by Loci's CEO John Wise on the Medium website:

Staking a Claim in the InnVenn Marketplace

https://medium.com/@John_Loci/staking-a-claim-in-the-innvenn-marketplace-de9e03a05de3

In his article, John Wise writes "On the InnVenn platform, you can begin the process of claiming your invention by simply searching for it. When other inventors come along after you with similar ideas, they will be able to see that you already came up with and claimed the invention; saving them wasted funds in research and development and saving you the cost and headache of litigation."

[Chase13]

I just found the following recent article written by Loci's CEO John Wise on the Medium website:

Staking a Claim in the InnVenn Marketplace

https://medium.com/@John_Loci/staking-a-claim-in-the-innvenn-marketplace-de9e03a05de3

In his article, John Wise writes "On the InnVenn platform, you can begin the process of claiming your invention by simply searching for it. When other inventors come along after you with similar ideas, they will be able to see that you already came up with and claimed the invention; saving them wasted funds in research and development and saving you the cost and headache of litigation."

What I like about InnVenn is that you’re able to choose whether your claim is searchable on the database.

[Debra M]

I just found the following recent article written by Loci's CEO John Wise on the Medium website:

Staking a Claim in the InnVenn Marketplace

https://medium.com/@John_Loci/staking-a-claim-in-the-innvenn-marketplace-de9e03a05de3

In his article, John Wise writes "On the InnVenn platform, you can begin the process of claiming your invention by simply searching for it. When other inventors come along after you with similar ideas, they will be able to see that you already came up with and claimed the invention; saving them wasted funds in research and development and saving you the cost and headache of litigation."

What I like about InnVenn is that you’re able to choose whether your claim is searchable on the database.

Yes and if you choose to make your claim searchable, your claim shows up alongside other patents in the system, resulting in a traceable disclosure event if someone searches for a similar idea and views your claim.

[Chase13]

I just found the following recent article written by Loci's CEO John Wise on the Medium website:

Staking a Claim in the InnVenn Marketplace

https://medium.com/@John_Loci/staking-a-claim-in-the-innvenn-marketplace-de9e03a05de3

In his article, John Wise writes "On the InnVenn platform, you can begin the process of claiming your invention by simply searching for it. When other inventors come along after you with similar ideas, they will be able to see that you already came up with and claimed the invention; saving them wasted funds in research and development and saving you the cost and headache of litigation."

What I like about InnVenn is that you’re able to choose whether your claim is searchable on the database.

Yes and if you choose to make your claim searchable, your claim shows up alongside other patents in the system, resulting in a traceable disclosure event if someone searches for a similar idea and views your claim.

I believe it is the disclosure event that gives you a 12-month grace period to file a patent on your idea.

[ccccccc7]

Ive known an inventor and he told me once that the patent thing is so slow and large its getting ridiculous

[Debra M]

I would like to learn more about InnVenn's "whitespace" and how their Venn Diagram can show you where there is room for inventions and new ideas.

[Chase13]

I am also interested in learning how I can sell my invention or idea as part of an IP pool by registering it with InnVenn.