WO2001048649A1

WO2001048649A1 - Business transaction method of the intangible property right through on-line

Info

Publication number: WO2001048649A1
Application number: PCT/KR2000/001548
Authority: WO
Inventors: Eun-Bok Lee
Original assignee: Ideaplaza, Inc.
Priority date: 1999-12-28
Filing date: 2000-12-28
Publication date: 2001-07-05
Also published as: KR20000012802A

Abstract

A business transaction method for the intangible property right through on-line is provided. The method comprises a step of registering details of intangible property right from the owner of the intangible property right who wishes to make the transaction, a step of reviewing the registered intangible property right and allocating the initial equities concerned to the owner of the intangible property right, a step of listing the registered intangible property right on a virtual stock market and settling the price that are necessary for the transaction of the intangible property right through the virtual stock transaction and a step of applying the settled price to the transaction of registered intangible property right and the virtual stock transaction is to be suspended at the requesting time of the purchase order and the settled price is decided based on the total amount of the stock at the suspension time of the virtual stock transaction.

Description

BUSINESS TRANSACTION METHOD OF THE INTANGIBLE PROPERTY

RIGHT THROUGH ON-LINE

BACKGROUND OF THE INVENTION

Field of the Invention

The present invention relates to a business transaction method though on-line,

more specifically, relates to a business transaction method for intangible properties such

as a internet domain name, a patent right, a trademark right, a utility model right and a

copyright through on-line.

Description of the Related Art

The value of the intangible property rights, such as a patent right, a trademark

right, a utility model right and a copyright have been being evaluated higher on gradually

manner, and there frequently happened the trials of the intangible property rights

transactions. However, the price calculating standard of intangible property right is

obscure and the value evaluation varies depend on the appraisers, therefore, the

intangible property right currently may not be the proper object of the business

transactions.

Firstly, as a practical embodiment, description may be made on the Internet

domain name that emerges as a major matter of concern and interest due to the recently

activated & popularized Internet. Internet domain name, jumping out of the previous meaning of an address or a name of which purpose is to differentiate each other among

the numerous numbers of web sites, is now taking its identical position as a valid

intangible property right.

Domain names are mainly classified as individual persons (pe), companies (co),

net operators (net), education centers (edu), countries (kr, jp, ca) and governmental

bodies (go, gov) and now it is seeking for the more segmented classification.

Accordingly, peoples are endeavoring many efforts to preempt the differentiated

prominent domain name in line with the increase of Internet site to occupy their superior

position in the business transactions. As such, the marketable domain names are

actively traded in the market.

The types of the marketable domain names transaction may generally be

classified as follows;

The 1^st type of transaction is to sell the domain name by requesting to the

brokers. This type is a transaction in which traditional broker roles are simply applied on

the sales of domain name. Accordingly, brokers are mediating transactions under

commission basis. However, brokers are mainly using the auction type of sales under

which only the easily sellable & competitive domain names are enlisted from the rushed

numbers of sales requests under a selective basis. Purchasers used to buy the enlisted

domain names from the list by the auction type of purchasing method with paying

10-20% contingency commission when transactions are accomplished. Other type of transaction is the listing method, in which the domain names are

classified by their category and register them on the list by each category. This type

actually is an attractive method for transaction to the majority of peoples who wish to sell

his domain name with minimal registration fee, however, this type of listing method

currently is not become an activated one.

Another method is that a person or company may register their wish-to-sell

domain name on his/her own homepage. This method might be effective in case the

homepage is the well-known one, however, the marketability may be remote in case the

homepage is not the well-known one.

According to the above, the former method for the domain name transaction

currently has following problems;

Firstly, there is no reasonably decided sales price. The guideline of the sales

price is roughly decided by the mediator brokers, however, it may be resulted in different

consequences depend on the persons who are referring to the price guideline. Therefore,

if the sales price quoted by the owner at their discretion, the final sales transaction may

not easily be accomplished because of its overestimated wish-to-sell price. Of course,

in case that the seller is able to properly evaluate the price, there may not be this kind of

problems, however, it is practically difficult to properly estimate the fair price.

Secondly, the transactional method for using brokers has problems that the

brokers are deciding their preference level of the domain names at their own discretion. The distinctive features of the domain name should be presented by the words

representing certain contents, however, we may not ignore that some differences due to

sex, age, territory are actually existed. These problems affect significant influences on

deciding the domain name price.

Additionally, the domain name has little advertising effect. Most of the peoples

who visit a site for the purpose of selling/buying a domain name are the sellers rather

than the buyers. Majority of buyers used to visit the site on an occasional manner to

refer to the name listed on the special menu or to search for the keywords in his minds.

Actually, the users who are searching for the domain name are hardly aware of the

existence of the domain name until it starts its business services. This makes the

business owners who initiate their business with specific domain name to bear the

adverting costs. There also exists irrationality of repeatedly absorbing the advertising

cost even after highly paying for the good domain name purchase.

As described above, the former method for domain name sales tends to overlook

the importance of the domain name transaction, which becomes one of the critical

hurdles of the domain name sale activation. Therefore, we are under the situation of

demanding new type of domain name sales transactions. This also applies not only to

the domain name but also to the cases where there exist difficulties of evaluating the

realistic property values such as patent, new design right for practical use, design right,

trademark, copyright and other intellectual properties available, thus, became a serious hurdle against the activation of this kind of transactions.

SUMMARY OF THE INVENTION

It is, therefore, an object of the present invention to provide a transactional

method for the intangible property right through on-line whereby the majority of people

may participate to decide the proper market price and be able to sell intangible property

rights.

To accomplish the above-described objects, the transactional method of the

intangible property right through on-line according to the present invention comprises a

step of registering details of intangible property right from the owner of the intangible

property right who wish to make the transaction; a step of reviewing the registered

intangible property right, and allocating the initial equities concerned to the owner of the

intangible property right; a step of listing the registered intangible property right on a

virtual stock market, and settling the price that are necessary for the transaction of the

intangible property right through the virtual stock transaction; and a step of applying the

settled price to the transaction of registered intangible property right.

It is desirable that the virtual stock transaction may be maintained at least 6

months to 1 year to fairly evaluate the value of the right.

The virtual stock transaction may be suspended at the time the purchase order is

requested by the purchaser of the intangible property right, and the settled price is

finalized based on the total stock amount at the time of the stock transaction suspension. Additionally, the transactional methods of the present invention further

comprises a step of allocating profits accrued from the transactional amount of the

registered intangible property right to the purchaser of the beneficiary right.

The profits may be decided in the range of 5%-10% of the transaction amount,

and also it is desirable that the profits may be prorated based on the virtual stock ratio

of the beneficiary right purchaser at the time of the suspension of virtual stock

transaction.

The beneficiary right purchaser may be a member who was paid prescribed

cyber money, and the cyber money may be used for the virtual stock transactions. The

cyber money stated in here may collectively be paid in its initial stage of membership

participation and of which feature is non-monetary.

Also, the beneficiary right purchaser may be the member who injected a capital

of cash or cash equivalent instruments in the real transaction market, and the owner of

the intangible property right may be able to list parts of its initial equities to the virtual

stock market, and may be able to list all of its initial equities to the virtual stock market,

and may be able to list the usage right of his initial equity portions of the intangible

property right. Further, the owner of the intangible property right may receive the

dividend for the share of his initial equity portion prior to the listing on the stock market

and furthermore, he may consign his right of disposal on the intangible property right to

the 3^rd parties prior to the listing on the virtual stock market of the intangible property right.

Here, the intangible property right comprises an Internet domain name, a patent

right, a utility model right a trademark right, a design right, a copyright, a right to obtain

patent, a right to register a utility model, a right to register design or their combinations.

BRIEF DESCRIPTION OF THE DRAWINGS

FIG.1 is the system overview that is to perform the business transaction method

for the intangible property right according to the present invention.

FIG.2 is the conceptual drawing that illustrates the relationship between the

Web/DB server operator and user in performing business transaction method for the

intangible property right according to the present invention.

FIG.3a through 3c are the flowcharts that illustrate the domain name transaction

as a practical embodiment of the business transaction method for the intangible property

right through on-line according to the present invention.

FIG.4 is a flowchart that illustrates the methods of a domain name transaction

about the transaction request of a domain name owner and the beneficiary right

purchaser's capital injection of cash according to the present invention.

FIG.5 through FIG.8 are the drawings that illustrate the web pages relating to the

business method transaction through on-line according to the present invention.

DETAILED DESCRIPTION OF THE PREFERRED EMBODIMENT

Referring to the appended drawings, the more detailed business transaction method for the intangible property right may be explained as follows.

FIG 1 is the overview that illustrates a system, as a practical embodiment, to

perform the business transaction method for the intangible property right according to the

present invention.

Referring to the FIG 1 , the necessary system to perform the present invention

comprises at least more than one server computer (18) that is to operate the transaction

method according to the present invention, multiple user computers (10,12,14) which are

to interface with the server computer (18) by both the owner who wishes for the

transaction of intangible property right and for participating members on the evaluation

for the intangible property right, the internet communication network which links the

server computer (18) with the user computers (10,12,14), the settlement system (20) such

as KFTC (Korea Financial Telecommunication & Clearing Institute) that is directly

connected with server computer or connected with internet communication network, and

the confirming banking institutions that is connected with the settlement system (20)

under leased line.

Here, the user computers comprise the intangible property right owner's

computer, the intangible property right purchaser's computer and the beneficiary right

purchaser's computer who enjoy the prescribed benefits through participating in the

evaluations or transactions of the intangible property right. And the confirming banking

institutions comprise the transaction-designated banks and credit card companies. Here, in terms of the relationship between the operator of an intangible property

right and the users according to the present invention, the users are classified as

intangible property right trader, intangible property right purchaser and beneficiary right

purchaser. The 'trader' means the registered member who owns intangible property

right and wishes the selling transactions, and the 'purchaser' means the registered

member who wish to buy the intangible property right, and 'the beneficiary right

purchaser' is the registered member who participates in the intangible property right

transaction to obtain the prescribed profits.

Based on this system, the transaction method for the intangible property right

according to the present invention may be framed by a prescribed program, installed in

the server computer (18) for execution. And various information may be saved in the

D/B server (18b) such as the data about seller/purchaser/ beneficiary right purchasers

who wishing for the transaction of the intangible property right, and some information

about the virtual stocks that are traded in the virtual stock market. Here, un-described

code of ' 18a' illustrates the web Server, which may provide variety of web pages to the

user computers (10,12,14).

FIG.2 is a conceptual drawing that illustrates the relationship between the

intangible property right according to the present invention. Here, domain name may

be used as a practical embodiment of the intangible property right. Referring to FIG. 2, a domain name owner may register his/her domain name on

the web-server (18a) of the sever computer (18) through his/her computer (10) and may

make the enlisting request of the domain name on the virtual stock market.

According to the above, the web server (18a) may save the domain name

ownership and listing information of the domain name in the D/B server (18b), and may

request on the credit information of the domain owner to the settlement system (20) such

as KFTC.

Accordingly, the confirming banking institutions, such as transaction-designated

banks and card companies (22a) may transmit the credit information to the settlement

system (20), thereby, may send the credit/debit information to the settlement system (20)

after processing the domain name evaluation fee at the time of registration, debit request

for listing the domain and owner's settlement information.

The web server (18a) may identify the domain name owner's credit information

with confirming credited/debited amount to save them in the D/B server (18b). And the

web server (18a) may transmit the debit information toward the domain name owner.

Next, the domain name purchaser may search for the web page (18a) of the web

server to find the want-to-buy domain name by using the purchaser's computer (12) and

input the ordering information of the domain name to buy.

Accordingly, the web server (18a), after saving the purchaser's ordering

information in the D/B server (18b), may request a credit information of the domain name purchaser to the settlement system (20) such as KFTC. In line with the above, the

confirming banking institutions such as purchaser's transaction-designated banks and

card companies (22b) may transmit the credit information to the settlement system (20),

and may process the payment order for the purchase charge with receiving the

purchaser's settlement information in case the purchaser acquire the listed domain name,

then may transmit the debited/credited information toward the settlement system (20).

And the web server (18a) may identify the domain name purchaser's credit

information with confirming the credited/debited amount and may save them in the D/B

server (18b). Thereafter, the web server (18a) may transmit the information on the

debited amount toward the domain name purchaser.

Afterward, the beneficiary right purchaser of a domain name may search for the

domain name from which he wish to enjoy the beneficiary right through his computer

(14) in the web server (18a) and may input the ordering information of the domain name.

Accordingly, the web server (18a) may save the ordering information of the

beneficiary right purchaser in the D/B server (18b) and may request the credit

information of the beneficiary right purchaser of the domain name against the settlement

system (20) such as KFTC. In line with this, the confirming banking institutions, such

as the beneficiary right purchaser's transaction-designated banks or the card companies

(22c), may transmit the credit information to the settlement system (20) and may transmit

the debited information to the settlement system (20) after receiving the payment order on the equity investment charge and the equity sales commission of the listed domain

name.

And the web server (18a) may identify the credit information of the domain

name beneficiary right purchasers with confirming the credited/debited amount and save

them in the D/B server (18b). Thereafter, the web server (18a) may transmit the

information of the debited amounts toward the beneficiary right purchaser of the domain

name.

As per the business transaction method for intangible property right through on¬

line according to the present invention, one practical embodiment referring to FIG 3a

through FIG 3c may be described as follows;

FIG 3a to FIG 3c are the flowchart that illustrates the business transaction

method for intangible property right through on-line according to this invention in which

domain name is used as an example.

Referring to FIG 3a, in case a user try to interface (SI) the web site, may judge

whether the user is a registered member or not (S2).

If the user is not a registered member, may try to induce the user to perform a

prescribed procedure to become a registered member (S3). The prescribed procedures

are, for example, data input on the user name, address, telephone number, E-mail address,

credit cad number, certified number or registration date from an authorized institution of

certifying the domain name, and signing an agreement on the prescribed terms and conditions for utilization.

Here, the membership participation may be registered not only through the web

site but also through the traditional communication tools like fax, telephone, mail,

however, it is desirable to use the Internet for an operational convenience.

And it is desirable to make category-based database of the inputted domain

names through classifying the domain name by category for the purpose of its efficient

management. These categories can be, for example, made through classifying the

domain name by its industrial criterion.

Additionally, as described later, it is desirable to make a database for the data

that are acquired from the general market survey or for the data that are acquired from

the sales price condition of a similar domain names to initially allocate the equity for the

wish-to-sell domain names.

When registered as a participating member, may pay the cyber money to the

registered member (S3).

Here, the various method for cyber money payment are available, however, one

of the example may be that the non-monetary valued cyber money, that is to say non-

cashable cyber money, may be paid comprehensively in its initial stage of membership

registration to make the domain name owner freely trade his/her initially allocated capital

in virtual stock transactions.

And another example is to let the members invest actual cash or cashable instrument as a capital instead of paying cyber money comprehensively at the time of

membership registration, thereby, the users may receive the dividend on the beneficiary

right of the domain name when actual transaction happened.

In case the user is the existing or newly registered member, the users may

execute certification process by making them do login through ID and password (S5).

After the login, as per any changes (for example acquiring a domain name) or for

any necessity of input, new information may be key-in on the new or changed

membership information (S6, S7).

Next, may analyze the person who accessed the web site (S8).

Referring to FIG 3b, if the accessed person is the owner of a domain name (refer

to "B" of FIG 3a & FIG 3b), may register the domain name in the database as an object

of transaction when the domain name owner request to sell his/her domain name (S10).

At this moment, unless the accessed person is an owner of a domain name, he/she may be

the beneficiary right purchaser of the domain name (S25) or a domain name purchaser

(S26). In this case, the prescribed commission may be imposed as a processing cost in

relation to this domain name transaction, also, to fairly perform the domain name

evaluation, the maintenance period of domain name registration be as sufficient as 6

months or 1 year, for example, period of time. If a domain name owner individually

uses the registered domain name after the registration, to protect the infringement of

probable future profit that stems from the domain name usage, penalty clause may be established as an indemnity of a prescribed penalty amount. Moreover, the above-

described web site operator, as the main body in charge of domain name transaction, and

for the purpose of keeping the safety and fairness of the transaction, may be operated as a

limited corporation type of company.

When a domain name transaction is requested and thereby the domain name is

registered in a database as an object of transaction, the web site operator judges whether

the owner of the registered domain name is an appropriate owner or not by himself or

through an external institutions (Sl l).

Publicly authorized registration offices, such like an INTERNIC or a KORNIC,

may confirm this or by requesting the transmittal of the certificate that was issued by

publicly authorized registration offices.

After confirming the proper owner's domain name registration, may perform the

review process to allocate the initial equity portion of the domain name (S12)

In this stage of review process, the initial equity portion (or a capital amount as

an initial valuation amount) of to-be-listed domain name on the virtual stock market is

decided based on the data from general market survey or data of a sales price condition

that is acquired from the similar domain name in the database. As such, the owner's

initial equity portion my be decided based on prescribed program and a database data, for

example, if decided as 10,000 number of stock with par value KRW 5,000, the capital

amount may be decided as KRW 50,000,000. After the decision of its initial equity portion, the initial equity portion is

allocated to the domain name owner, and then the domain name is listed on the virtual

stock market (SI 3).

If a domain name is listed on the virtual stock market, the beneficiary right

holder of the domain name may perform the virtual stock transaction (S14). At this

moment, the general information on the initial equity portion may be provided to the

member participants as a beneficiary right purchaser.

In the progress of virtual stock transaction, the web site operator analyzes and

evaluates the virtual stock transaction according to the progress (SI 5) to calculate the

total asset amount. And also, publicly announce any changes of the stockholder list and

the stockholders' equity portion status in real time or after the close of the virtual stock

market operation (SI 6). .

During the progress of virtual stock market transaction on the listed domain

name and when the actual purchase order of the domain name is ordered, all the virtual

stock transactions are suspended. And the actual transaction may be started to allocate

the profit amount with the settlement of the transaction amount (refer to SI 7 and SI 8,

S19, S20 of FIG 3c). In here, if the domain name transaction is performed, the

transaction amount is decided based on the total equity amount at the time of the virtual

stock transaction suspension, and the prescribed amount, for example 5-10% of the

actual transaction amount, may be decided as profit amount. And it is desirable to prorate the aforementioned profit based on the virtual stock ratio of the beneficiary right

purchaser at the time of the virtual stock transaction suspension. If needed, it is

necessary to fix a prior mutual agreement between the site operator and the domain name

owner for the safety of transaction.

As seeing in the above, in the business transaction through on-line according to

this invention, variety of transaction may exist depend on the type of payment or

utilization of cyber money between the users who perform a virtual stock transaction.

As seeing in the above-described transactional methods according to the present

invention, variety of the method are available depend on the type of payments and/or

utilization of the cyber money among the users who performing the virtual stock

transactions.

As the first example, one of the transactional method may be that by

comprehensively paying non-monetary cyber money to the members in its initial stage of

membership participation, let the members to perform a stock trading in the virtual stock

market as a beneficiary right purchaser of a domain name and let the domain name

owners, as a big shareholder, may execute an exclusive right on its initial equity portion.

At this moment, the actual ownership may belong to the owner despite the initial equity

on the domain name is listed on the virtual stock market.

In this case, the owner may trade his/her initial equity at his own discretion, and

the beneficiary right holder of a domain name may contribute to the valuation at the time of actual transaction. That is to say, according to the sales of an owner's initial equity,

owner's initial equity portion may be decreased, however, the owner may acquire the

cyber money, instead. Here, the owner may induce more cyber money investment on

his/her initial equity with his/her cyber stock by using competition method.

Consequently, the total amount of cyber money under this kind of cyber stock transaction

may be calculated by the total amount of the domain names.

Accordingly, when the transaction of the domain name is actually performed, the

total amount of stock at the suspension time of cyber stock transaction may be applied

directly to the actual transaction or be utilized as reference data at least. Therefore, by

analogizing the value in reality out of the transaction in the virtual stock market, and by

utilizing the value as a reference data when the domain name transaction is actually

performed, the total amount of stock may be reflected as a valuation criterion.

Also, in case the domain name transaction is actually performed, it is desirable

for the related members of the domain name transaction (beneficiary right purchaser of

the domain name) to prorate some portion of transaction amount as a dividend profit as

much as the contributed portion ratio for presenting the valuation criteria (for example,

the ratio of retained stocks at the suspension time of cyber stock and the valuation

amount). The transaction amount may be settled by allocating the remained amount to

the domain name owner.

Also, even in the case of comprehensively paying the non-monetary cyber money in its initial participation stage, since the paid cyber money is a limited being, it

may be increased or decreased depend on the stock transaction, and could be bankrupted

in case there have not been a transaction during some period of time (6 months to 1 year

of registration period). In case of bankruptcy decision, the cyber money on the stock

concerned should be nullified, thus, the cyber money that paid to the members may be

forfeited. As such, as per the cyber money that is bankrupted or forfeited through

virtual stock transaction, by crediting some cash to the members as a penalty and by

paying some cyber money, the web site may be operated, however, the amount of

crediting cash should be minimal as a symbolic penalty for the transaction failure. It

may be established that the penalty amount may belong to the web site operating

company.

As a second example, there is a method that let the member who performs stock

transaction in the virtual stock market (the domain name beneficiary) to inject cash as a

capital instead of non-monetary cyber money that comprehensively paid at the time of

membership participation. At this moment, the domain name owner may choose one of

the options among the method for selling some portion of the initially allocated equities,

the method for selling domain name ownership, and the method for permitting domain

usage right.

FIG 4 is the flowchart that illustrates the transaction method according to the

present invention in which the domain owner may request domain name transaction and thereby the beneficiary right purchaser may perform the transaction by cash capital

injection.

The domain name owner may request the domain name transaction (SI 10), and

in case of holding the beneficiary right by selling parts of the initially allocated equity,

the ownership may not be wholly transferred.

Despite the fact that an actual transaction is made through the proper acquisition

and assignment of the prescribed equity portion, the fund transfer, and the settlement of

prescribed commission (SI 12, S 113, S 114), it may not the ownership transfer of the

domain name since the acquisition and assignment is only for the equity portion.

Therefore, in case there happened future domain name transaction, the beneficiary right

that enabling to receive the profit in an actual transaction may be achieved.

Later, in a domain name ownership transfer case relating to the domain name

ownership transaction (SI 20), the procedure of acquisition, assignment and fund transfer

may be processed after the complete performance of the domain name transaction, and

finally, the profit may occur from the domain name transfer (S122, S123, S124). Then,

the domain name purchaser may wait for another purchaser by utilizing the domain name

in his/her own business or by reregistering the name on the web site. In such case, more

value may be created by the utilization of the domain name. That means, the value may

be enhanced more through the domain name utilization in real transaction

And there may be the case of the usage right establishment for some period of time with maintaining the ownership of the domain name (SI 30). The domain name

ownership may not wholly be transferred, however, the domain name usage right may be

transferred based on the agreement for the establishment (SI 32) instead. Therefore,

the allocation of profits that accrued from the case may be performed (S133). Later,

when the contract period of usage right terminated, the domain name may belong to the

original owner again, and the domain name may be listed on the virtual stock market to

start to begin a virtual stock transaction. In case the domain name usage right holder

value-add the domain name through performing an actual business, of which the profits

may be shared by the virtual stock members. Of course, the opposite situation may be

occurred. It is possible for the virtual stock investors who are participating the virtual

stock market to create a profit by performing the procedures as described above.

In the above-described case, it is desirable for the web site operator to make a

prior agreement with the domain name owner for any a legal measurement for the

purpose of transactional safety.

As the 3^rd practical embodiment, as seeing in the 2^nd practical embodiment, the

members who are performing the stock transaction in the virtual stock market (the

domain name beneficiaries) may be induced to inject cash capital as much as the cyber

money. Then, they may be permitted to perform the stock transaction as per the equity

portion of the domain name owners. In that point of view, the 3rd method may said to

be as same as the 2^nd one. However, the difference between them lies in the fact that the domain name owners in this 3rd method may be prepaid a prescribed amount of dividend

as much as the domain name owner's initial equity portion prior to listing the domain

name on the virtual stock market. Then the disposal right of the domain name, for

example, may be consigned to the web site operator.

In this case, there proceeds the procedure of acquisition, assignment and fund

transfer after the domain name transaction is completely performed. And consequently,

there may occur a profit from the domain name transfer. However, since the domain

name owner have received the dividend on their initial equity portion prior to the listing

on the virtual stock market, the profits that occurred after the completion of an actual

domain name transaction may be prorated by the beneficiary right purchasers who hold

equities through participating in the domain name transaction.

All of above have described by the domain name as an example. However, it is

clear that the method for the present invention is also applicable to the other intangible

property rights other than the domain name, for example, a patent right, a trademark right,

a design right, a utility model right, a copyright and other types of intangible property

rights. The object of the transaction in these methods may also be applied not only to

the individual intangible property right like a patent right and a utility model right but

also to the collectively composed intangible property rights; for example (a patent right

with a utility model right), (a patent right with a design right), (a design right with a

trademark right) and (a domain name with a copyright) FIG.5 through FIG.8 are the drawings that illustrate the related web pages to the

method for intangible property right transaction according to the present invention.

These web pages should be recognized as an illustrated example and it is clear that the

multiple web pages on the different transactional status may be manufactured under

different posting status.

FIG 5 is a web page (100) that is to be demonstrated in the case of domain name

transaction, which comprehend the menu window of a domain transaction (102), the

menu selection window (104), the data input window (106). The menu window (102)

indicates that currently selected transactional status is "domain name". The menu

selection window (104) is to select the desired transactions that covering not only the

domain name but also the other intellectual property rights, for example, a character, a

patent right, a design right, and a trademark right.

The person who would like to register the domain name may key-in the domain

name that he/she owned and the license number of an authorized officer in the data input

window (106), and transmit them to the server computer (18). If needed cases, it is

possible to additionally install the input column in which other essential data of domain

name can be keyed-in. In the case of domain name registration, the web site operation

company, as described above, may perform confirmation on whether he/she is a proper

domain name owner or not through KONIC and/or LNTERINC.

FIG 6 is an example that illustrates the input status in the case of registration of the patent as well as that of the domain name. It is clear that the input details are

available to change to key-in the essential details about the individual property right. It

is also possible to directly confirm the registration details of an intellectual property right

like patent by the license documents or by the web site operating company.

FIG. 7 & FIG. 8 are the practical embodiment that illustrates the virtual stock

sales/purchase status of both a domain name and a patent right. As illustrated above,

the domain name may be demonstrated and the data about the current price, the market

price, the final price and transactional volume may be keyed-in/generated out in a real

time basis. The users who would like to perform the virtual stock sales/purchases

(restrictively permitted to the member participants) may transmit the sales/purchase order

in a written form. At this time, it is desirable to simultaneously transmit the data of

certifying instrument for proving the properly qualified member. The detail inquiry

window (112) which is demonstrated as "detailed contents", may display other necessary

detailed data except others that are presented in the screen, for example, the total number

of issued virtual stock, total amount of virtual stock, etc. Additionally, although not

illustrated here, it is also possible to line up the web page by which both a member or an

intangible property right purchaser can declare his/her intention to buy the intangible

property rights.

As described above, according to the present invention, the business transaction

method for intangible property right through on-line have some advantages as follows; All users who are making use of the Internet may participate to the domain name

transaction directly or indirectly without any restriction. Especially, more accurate

evaluation can be achieved than the other types of domain name evaluations that used to

be performed by the former brokers, since the multiple users are investing their cyber

money after directly judging the fair value of the domain name.

Also, by participating the domain name transaction, in case there occurs an

actual domain name transaction, it may have an advantage of generating a side income as

much as the contributed portion of the valuation by using the cyber money.

Moreover, since the multiple netizens who are using Internet may participate

the domain name transaction according to the present invention, it has the effect that

multiple peoples are familiarized with the newly registered domain name. It has the

advertising effect of the domain name without investing much for the advertisement of

the domain name. That is to say, it is clear that there exist an enormous ascension

effect in view of the cost/benefit effect.

Also, it has the effect of deciding the fair price of a domain name that can be

calculated by the stock transaction of using cyber money. That is to say, it has the effect

of enabling the fair evaluation since the domain name is evaluated based on the principle

of market competition. This enables the domain name owner to fairly judge the value

of his/her property right.

Also, it may achieve the effect of investment by allocating a profit concerned at the time of domain name selling. Additionally, since it makes possible to announce the

domain name through Internet, it may be the foundation of worldwide outgrowing

activities out of the restricted community. And, the assignee of the domain name may

maintain high effects of advertisement and achieve the reduction of advertisement costs

by acquiring the domain name that was publicized toward the multiple netizens without

investing separate advertisement expenses. It has the merit of keeping continuous

effects of advertisement because of the continuous interest of the investors. Also, in

case a new company purchases a domain name, the value of the newly purchased domain

name may be highly evaluated at the time of listing in the stock market due to its

upgraded recognition level. And it also may achieve the continuity of an investment

based on the continuous interests and the stock purchases of the investors who invested

cyber money. The recognition level of the publics may also be improved by using the

publicly proved domain name, breaking through from the discretionary trend of broker's

preference on special types of brand.

Although the present invention has been shown and described with reference to

certain practical embodiments, it will be understood by those skilled in the art that

various changes in form and details may be made therein without departing from the

spirit and scope of the present invention. Therefore, the true protection scope of the

invention should be decided by the appended claims. INDUSTRIAL APPLICABILITY

The present invention, as described above, may induce all the people to participate in the

transaction of such an intangible property right as the domain name, and may reallocate

the profit through formatting an appropriate market price, and may also lead the

operational principle of a coexisting cyber market.

Claims

WHAT IS CLAIMED IS:

1. A transactional method for an intangible property right through on-line

comprising:

a step of registering details of intangible property right from the owner of the

intangible property right who wish to make the transaction;

a step of reviewing the registered intangible property right, and allocating the

initial equities concerned to the owner of the intangible property right;

a step of listing the registered intangible property right on a virtual stock market,

and settling the price that are necessary for the transaction of the intangible property right

through the virtual stock transaction; and

a step of applying the settled price to the transaction of registered intangible

property right.

2. A transactional method for an intangible property right through on-line

according to claim 1 , the virtual stock transaction is maintained 6 months to 1 year at

least.

3. A transactional method for an intangible property right through on-line

according to claim 1 , the virtual stock transaction is suspended at the time of purchase

order from a purchaser of the intangible property right.

4. A transactional method for an intangible property right through on-line

according to claim 3, the settled price is decided based on the total amount of stock at the suspension time of the virtual stock transaction.

5. A transactional method for an intangible property right through on-line

according to claim 4, the method further comprises a step of allocating profits accrued

from the transactional amount of the registered intangible property right transaction to

the beneficiary right purchaser.

6. A transactional method for an intangible property right through on-line

according to claim 5, the profits are decided within the range of 5%~10% of the

transactional amount.

7. A transactional method for an intangible property right through on-line

according to claim 5, the profits are prorated based on the virtual stock ratio of the

beneficiary right purchaser at the suspension time of virtual stock transaction.

8. A transactional method for an intangible property right through on-line

according to claim 5, the purchaser of the beneficiary right is a member to whom

prescribed cyber money was paid, and the cyber money is used for the virtual stock

transaction.

9. A transactional method for an intangible property right through on-line

according to claim 8, the cyber money is paid in bulk at the step of membership

participation.

10. A transactional method for an intangible property right through on-line

according to claim 8, the cyber money is non-monetary exchangeable.

11. A transactional method for an intangible property right through on-line

according to claim 5, the beneficiary right purchaser is the member who has invested

cash or cash-convertible instruments.

12. A transactional method for an intangible property right through on-line

according to claim 11, the owner of intangible property right lists parts of his/her initial

equities on the virtual stock market.

13. A transactional method for an intangible property right through on-line

according to claim 11, the owner of intangible property right lists all of his/her initial

equities on the virtual stock market.

14. A transactional method for an intangible property right through on-line

according to claim 11, the owner of intangible property right lists the usage right about

the registered intangible property right as much as his/her initial equities portion of the

intangible property right on the virtual stock market.

15. A transactional method for an intangible property right through on-line

according to claim 11 , the owner of intangible property right receives the dividend for the

portion of his/her initial equity of the intangible property right prior to listing on the

virtual stock market.

16. A transactional method for an intangible property right through on-line

according to claim 15, the owner of intangible property right consigns the disposal right

of the intangible property right prior to listing the intangible property right on the virtual stock market.

17. A transactional method for an intangible property right through on-line

according to claim 1 , the intangible property right comprises a Internet domain name, a

patent right, a utility model right a trademark right, a design right, a copyright, a right to

obtain patent, a right to register a utility model, a right to register design or their

combinations.