System and method for attention based currency

摘要

A system and method is disclosed of attention based cryptocurrency. Currency is generated or “mined” by a user listening, in one embodiment, to a streamed song, and upon listening to the entire selection, the user, the song artist and the streaming host server are each allocated a portion of Attention Based Currency (ABC) according to a formula which may vary based upon several factors, including the popularity of the selection, the number of simultaneous listeners and the number of times the song has been streamed. The formula chosen can promote listening to lesser known artists. The ABC can be traded or redeemed for products or services.

主权项

1. An attention based currency system comprising:
at least one ABC Host connected to and configured store a database of enrolled users, and further a database of enrolled media content owners, and further a record of ABC currency transactions, and further configured to communicate on a network; at least one streaming host media operable to store and serve a collection of digital content available for streaming, said host media server being connected to and configured to communicate on a network; at least one client media player connected to and configured to communicate on a network and to request and receive streamed media content; each of the said at least one ABC Host, said at least one host media server and said at least one client media server having: a computer, computer memory, a processor for storing and receiving instructions from the memory and a network interface operably connecting the said processor to a network communications medium; wherein the said client media player is configured to enable a user to request said at least one host media server to stream content to said client media server and to report the streaming of content to said art least one ABC Host; wherein the said host media server is configured to report said streaming to said ABC Host; wherein the said at least one ABC host receives the report of said streaming from each of said at least one client media player and said at least one host media server and applies a formula based on the identity of said streamed content which formula application results in a sum of ABC Currency being generated.