Micro-financing Platform Using Game of Chance Tickets
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Solution Overview
Problem
Micro-investment platforms are not appealing to the general public due to risk aversion, perceived high investment amounts, and lack of transparency, making it difficult for individuals to effectively invest their limited resources in entrepreneurial ventures or green energy projects.
Innovation Solution
A micro-financing platform that integrates a gaming component with an investment component, using instant game of chance tickets, where the gaming portion can be re-invested into micro-investments, providing a fun and accessible way for individuals to invest in startups, SMEs, and Local Energy Communities.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of information
If traditional micro-investment platforms are used, then investment transparency and accessibility are improved, but public appeal and participation remain low due to risk aversion and perceived complexity
Solution Approach 1:
The patent introduces a gaming platform as an intermediary between traditional investment platforms and the general public. The gaming component acts as a mediator that translates complex investment decisions into simple, entertaining game mechanics, thereby maintaining investment transparency while dramatically improving accessibility and public appeal
Solution Approach 2:
The patent replaces the traditional mechanical system of direct investment decision-making with a gaming-based system. Instead of requiring users to analyze financial data and make investment decisions, the system uses game outcomes to determine investment allocations, substituting complex financial mechanics with simple, engaging game mechanics that maintain transparency through the gaming interface
2Reliability
If traditional investment mechanisms are used, then investment security is maintained, but participation is limited due to perceived high investment amounts and risk
Solution Approach 1:
The patent segments the investment process into two distinct components: a gaming component with small, low-risk stakes and an investment component that pools these small amounts. This segmentation allows individuals to participate with minimal amounts while maintaining the security of pooled investments, breaking down the barrier of perceived high investment requirements into manageable, game-like transactions
Solution Approach 2:
The patent applies partial action by allowing users to engage in the gaming component with small amounts that may not fully cover investment requirements. The system then pools these partial contributions from multiple users to achieve the necessary investment capital, enabling participation with less than the full investment amount while maintaining security through diversification
3Ease of operation
If gaming components are integrated with investment components, then public engagement and accessibility are improved, but system complexity increases
Solution Approach 1:
The patent merges the gaming component and investment component into a single integrated platform. The gaming outcomes directly determine investment allocations, combining entertainment and finance functions into one system. This merging improves accessibility by using familiar game mechanics while the integrated nature of the system manages complexity through unified architecture rather than separate systems
Solution Approach 2:
The patent creates a multi-functional platform that serves both as a gaming platform and an investment platform simultaneously. The same interface and user experience serve dual purposes: entertainment through gaming and financial investment through pooled contributions. This universality improves accessibility by using a single familiar interface for both functions while managing complexity through consolidated system design
Data Source
AI summary
An improved micro-financing platform to fund principally new ideas, startups, and/or SMEs using a new type of instant game of chance ticket or on-line game is described. In accordance with an exemplary embodiment, the instant game of chance ticket or an on-line game token will comprise a gaming component and an investment component. In one scenario, the gaming component is the traditional game feature offered by an instant game of chance ticket or on-line game. The investment component of a ticket is the investment value of a ticket or on-line game as a function of the face value paid for the ticket. This investment value is a sort of micro-financing investment made by the purchaser in return for which the purchaser is given a share interest in an investment pool of companies very similar to traditional share ownership in a company, or the purchase of a corporate bond exercisable at a future date in exchange for, hopefully, greater value than what was given to acquire in the first place.