Patents by Inventor Chad Folkening

Chad Folkening has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Platform for building virtual entities using equity systems
    Patent number: 9787760
    Abstract: The present invention involves methods, systems, and apparatus for providing a virtual entity and equity system. In one aspect, a method includes receiving an input website, creating a website portal around the input website for the virtual entity, associating the input website with the client, observing input website activity and deriving valuation data, storing the valuation data, and computing valuation of the virtual entity from the valuation data to provide a calculated expected sale value. Other aspects include receiving external valuation data, game-like interaction with the website portal, and display of the calculated expected sale value to the client. In another aspect, a method includes steps to optimally convert a virtual entity to a legal entity; other aspects including providing conversion documents, receiving external valuation data, and providing game-like interaction with the website portal.
    Type: Grant
    Filed: September 24, 2014
    Date of Patent: October 10, 2017
    Inventor: Chad Folkening
  • PLATFORM FOR BUILDING VIRTUAL ENTITIES USING EQUITY SYSTEMS
    Publication number: 20150089353
    Abstract: The present invention involves methods, systems, and apparatus for providing a virtual entity and equity system. In one aspect, a method includes receiving an input website, creating a website portal around the input website for the virtual entity, associating the input website with the client, observing input website activity and deriving valuation data, storing the valuation data, and computing valuation of the virtual entity from the valuation data to provide a calculated expected sale value. Other aspects include receiving external valuation data, game-like interaction with the website portal, and display of the calculated expected sale value to the client. In another aspect, a method includes steps to optimally convert a virtual entity to a legal entity; other aspects including providing conversion documents, receiving external valuation data, and providing game-like interaction with the website portal.
    Type: Application
    Filed: September 24, 2014
    Publication date: March 26, 2015
    Inventor: Chad Folkening