Methods and System for Raising Funds From and Distributing Royalties to Multiple Recipients Over the Internet

摘要

In one embodiment of the present disclosure, a computer implemented method comprises using an electronic server to receive at least a description and required budget of a literary project through an electronic device; displaying the description and the required budget on an internet platform or mobile application; receiving money from one or more backer who want to fund the literary project; calculating weighted contribution for each of the one or more backers who funded the project; publishing the literary project after the required budget is met; receiving revenues generated by the literary project; and paying royalties to the backers based on their weighted contribution.

主权项

1. A computer implemented method for financing and promoting a literary project, the method comprising:
receiving at least a description and required budget of a literary project at an electronic server which is communicatively coupled to at least one electronic device; displaying at least the description and the required budget of the literary project on the internet or as part of a mobile application; receiving money from one or more backers who want to fund the literary project; calculating weighted contribution for each of the one or more backers who funded the project; publishing the literary project after the required budget is met; receiving revenues generated by the literary project; and paying royalties to the backers based on their weighted contribution.