intellekten

The purpose of Intellekten is to encourage inventive talent by improving the rewards for inventions.

Let us review the current process for the monetisation of an invention by the inventor(s):

1. A disruptive idea pops into an inventor’s head.
   • If the inventor works in a research centre, she/he has the mechanisms to test her/his idea and, possibly, protect it with a patent.
   • If the inventor works in a company, it is likely to be more complicated to develop and patent the idea, as it is not common for companies to have efficient IP management processes implemented.
   • If the inventor is a student, she/he can develop her/his idea in a final degree project, a final master’s thesis or a PhD.
2. In any of the three options above, a large amount of resources will be needed to turn the idea into a valuable innovation for individuals or organisations.
3. If the resources are secured, their providers (research centre, company, university or venture capital) will claim in return as much value created by the invention as possible.
4. In the end, the inventor, who initiates the process, is often under-compensated.

This process is daunting for the inventor(s) and thus for the production of high-potential intellectual assets.

Intellekten aims to change this process using blockchain technology and tokenization.

The process of the monetisation of an invention with Intellekten is as follows:

1. The disruptive idea arises in the inventor’s head.
2. Intellekten assesses the value potential and patentability of the idea.
3. The intellectual property of the idea is distributed in secure tokens that are shared between the inventor(s) and all the actors needed to turn the idea into a monetisable innovation.
4. A Security Token Offering (STO) is launched on the crypto market to raise the funding needed.
5. The tokens gain value as the idea becomes a tangible innovation.
6. Any owner of a token, including the inventor(s), can sell it at any time, monetising their contribution to the innovation.

With Intellekten, inventors and organisations have a platform to support the valorisation of their inventions, allowing them to monetise their contributions at any time.

Intellekten is currently in the design phase (TRL2).