Patents Assigned to Koodbee, LLC
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Publication number: 20240370848Abstract: A categorized virtual currency tracking, purchasing, and redemption system, method of use, and method of doing business. The method includes providing an automated wallet interface over a communication network, receiving payments from a user for bought-coin virtual currency, providing a tally of the user's bought-coin virtual currency, providing a game in response to a request from the user, providing a tally of any earned-coin virtual currency acquired in the game, debiting at least one of the tallies of bought-coin and earned-coin virtual currency for any payment for the game, and providing through the automated wallet interface a combined tally of the first user's bought-coin and earned-coin virtual currencies.Type: ApplicationFiled: April 8, 2024Publication date: November 7, 2024Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20240232656Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information. The prediction processing system can create groupings of better-performing predictors and provide them with additional information not generally available. Better-performing predictors can be provided with additional stakes to increase the weight of their predictions in odds calculations.Type: ApplicationFiled: August 16, 2023Publication date: July 11, 2024Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20230394465Abstract: A categorized virtual currency tracking, purchasing, and redemption system, method of use, and method of doing business. The method includes providing an automated wallet interface over a communication network, receiving payments from a user for bought-coin virtual currency, providing a tally of the user's bought-coin virtual currency, providing a game in response to a request from the user, providing a tally of any earned-coin virtual currency acquired in the game, debiting at least one of the tallies of bought-coin and earned-coin virtual currency for any payment for the game, and providing through the automated wallet interface a combined tally of the first user's bought-coin and earned-coin virtual currencies.Type: ApplicationFiled: December 27, 2022Publication date: December 7, 2023Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20230078338Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information. The prediction processing system can create groupings of better-performing predictors and provide them with additional information not generally available. Better-performing predictors can be provided with additional stakes to increase the weight of their predictions in odds calculations.Type: ApplicationFiled: April 28, 2022Publication date: March 16, 2023Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20210174220Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information. The prediction processing system can create groupings of better-performing predictors and provide them with additional information not generally available. Better-performing predictors can be provided with additional stakes to increase the weight of their predictions in odds calculations.Type: ApplicationFiled: July 14, 2020Publication date: June 10, 2021Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20200387890Abstract: A categorized virtual currency tracking, purchasing, and redemption system, method of use, and method of doing business. The method includes providing an automated wallet interface over a communication network, receiving payments from a user for bought-coin virtual currency, providing a tally of the user's bought-coin virtual currency, providing a game in response to a request from the user, providing a tally of any earned-coin virtual currency acquired in the game, debiting at least one of the tallies of bought-coin and earned-coin virtual currency for any payment for the game, and providing through the automated wallet interface a combined tally of the first user's bought-coin and earned-coin virtual currencies.Type: ApplicationFiled: June 30, 2020Publication date: December 10, 2020Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20170228648Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information. The prediction processing system can create groupings of better-performing predictors and provide them with additional information not generally available. Better-performing predictors can be provided with additional stakes to increase the weight of their predictions in odds calculations.Type: ApplicationFiled: September 19, 2016Publication date: August 10, 2017Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Patent number: 9098805Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process, and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships, and users can themselves automatically establish their own game proposition and programs. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information.Type: GrantFiled: September 5, 2013Date of Patent: August 4, 2015Assignee: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20140089233Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process, and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships, and users can themselves automatically establish their own game proposition and programs. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information.Type: ApplicationFiled: September 5, 2013Publication date: March 27, 2014Applicant: KOODBEE, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr
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Publication number: 20130254146Abstract: A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information. The prediction processing system can create groupings of better-performing predictors and provide them with additional information not generally available. Better-performing predictors can be provided with additional stakes to increase the weight of their predictions in odds calculations.Type: ApplicationFiled: March 6, 2013Publication date: September 26, 2013Applicant: Koodbee, LLCInventors: Leonard H. Ellis, Andrew D. Ellis, Mans K. Angantyr