Influential block.one Blockchain Patent – Bidding on a post in a social media platform – US10636102

U.S. Patent 10636102 was awarded to block.one on April 28, 2020 and is entitled “Bidding on a post in a social media platform.” The first named inventor is Daniel J. Larimer of Christianburg, VA. The abstract contains an overview of the patent disclosure:

Systems and methods for bidding on a post in a social media platform are provided. The method includes displaying the post in a public forum of the social media platform, the post comprising original content created by an author, the post authenticated for authenticity through a blockchain. The method also includes receiving bids from users on the post, the bids comprising credits of the users. The method also includes determining a highest bid from a highest bidder of the users. The method also includes distributing the credits that were bid to the users who were outbid and to the author. The method also includes displaying the highest bidder in a top spot in relation to the post, the top spot prevalently displaying a profile associated with the highest bidder, the profile comprising a link to content of the highest bidder. Link to Full Patent

This blockchain patent was originally filed on May 31, 2019  as U.S. Patent Application 16/428574 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10636102. The primary examiner was William J Allen.

block.one, who is the original assignee of this patent, has at least 11 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 1 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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