elog
Patent-NFTs
by elog.com

Patent-NFT

A Patent-NFT by elog is a unique piece of art that illustrates an entire patent and which has an authentication process.
Patents contain some of the most valuable information that humankind has to offer.  A granted patent is a very complicated document, often with lots of text and images, which can be dozens or 100's of pages long.  For this reason, a patent is not easily appreciated by the average person or even an expert in any given field.  One of the best ways to fully appreciate the value of something is to see it as a single beautiful image, which is essentially what an elog Patent-NFT is.  What about all of the important information in the patent though?  You will see that it is all captured, figuratively and literally.

Release Schedule

  • The first Patent-NFT will be on the most iconic patent for the iPhone: US-7,479,949-B2. This patent, also known as the "The Steve Jobs Patent", is a 364-page PDF document that contains 295 images. The Patent-NFT is, as will always be the case, a single image file. The plan is to release this NFT some time in February or March. We are reviewing partnerships and marketplaces at this time. There is also the possibility that the Patent-NFTs will sell right off of elog.com.
  • We are not making the Patent-NFT for the iphone public until it is released for sale. If you would like to see it before that, please contact us.
  • Thereafter, a new Patent-NFT will be created and minted every few days or so. A patent is selected as a new Patent-NFT based on its contribution to humanity and how cool it is.

Attributes

  • The amount of intellectual information packed into one image is unprecedented and really is something to behold.
  • Each Patent-NFT shows a unique "Signature" that authenticates it and makes it difficult to auto-generate many of them (see "Proof of Work" section).
  • Each Patent-NFT contains the complete text of the patent and all of its associated images.
    • The text includes the entirety of the title, abstract, claims, and even the lengthy description and background.
    • In a web browser, you can zoom in using Ctrl+ in combination with pinch-to-zoom to see any part of the text (it's all in there!).
    • You can use Ctrl-A to select the entire document, copy it to the clipboard, and then paste all of the text somewhere else.
    • You can zoom in on any of the tiny individual patent images (100's of them sometimes), to see one in its original high resolution format. In some browsers, like Firefox, you can right click on an image and open it in a new tab.
    • Some browsers have a bit of a hard time keeping up with such a rich image. Patent-NFTs are somewhat ahead of their time.
    • The size of a Patent-NFT file can be pretty large. For example, the iPhone Patent-NFT is about 10MB before it is compressed to about 7MB.
  • Each Patent-NFT image is in the shape of a golden rectangle and is just shy of 1 million pixels.
  • Each Patent-NFT, upon being sold, resides on the Ethereum blockchain as a formal NFT.

Proof of Work

Each Patent-NFT is authenticated via a "Proof of Work" (PoW) puzzle.  The goal is to find a hash that "matches" the hash of the patent number/id.  After billions of iterations (hours/days of computing), an answer is found.  The answer is then easily validated/authenticated (which is the nature of PoW puzzles).  This answer can be found on each Patent-NFT next to "Signature".  The PoW is what hinders somebody from auto-generating thousands, or even millions, of Patent-NFTs.  Just to give you an idea, if somebody wanted to auto-generate (which won't look very nice, by the way) the last 20 years of patents, without specialized hardware similar to an ASIC Miner, it would take over 25,000 years of computing time and it would cost something like $10,000,000.

Contact Us

If you have some comments or suggestions, please send us an email.