Tokenization of social impact on the blockchain and related methods

Abstract

Systems and methods for digital tokenization. A method includes issuing a token to a user based on an investment made by the user by recording a first transaction on a decentralized ledger indicating ownership of the token. The decentralized ledger is distributed across nodes among a decentralized network such that at least one portion of code is stored across the nodes, where the portions of code are encoded based on project parameters of an impact project. A third transaction is recorded on the decentralized ledger by generating a transaction specifying progress on the impact project and broadcasting the generated transaction to the decentralized network. A second transaction is recorded on the decentralized ledger via the portions of code based on the project parameters and the third transaction recorded on the decentralized ledger, where the second transaction includes a respective transfer via the token issued to the user.

What is claimed is: 
     
         1 . A method for digital tokenization, comprising:
 issuing a token to a user based on an investment made by the user, wherein issuing the token to the user further comprises recording a first transaction on a decentralized ledger indicating ownership of the token;   distributing the decentralized ledger across a plurality of nodes among a decentralized network such that at least one portion of code is stored across the plurality of nodes, wherein the at least one portion of code is encoded based on a plurality of project parameters of an impact project;   recording at least one third transaction on the decentralized ledger, wherein recording each of the at least one third transaction further comprises generating a transaction specifying progress on the impact project and broadcasting the generated transaction as one of the at least one third transaction to the decentralized network; and   recording, via the at least one portion of code, at least one second transaction on the decentralized ledger based on the plurality of project parameters and the at least one third transaction recorded on the decentralized ledger, wherein each second transaction includes a respective transfer via the token issued to the user.   
     
     
         2 . The method of  claim 1 , wherein the at least one portion of code is configured to record at least one transaction via the decentralized ledger. 
     
     
         3 . The method of  claim 1 , wherein the at least one third transaction indicates at least one milestone of the impact project that has been achieved, wherein the at least one second transaction includes transferring at least one prize based on the at least one milestone of the impact project that has been achieved. 
     
     
         4 . The method of  claim 3 , wherein each of the at least one milestone corresponds to one of the at least one portion of code. 
     
     
         5 . The method of  claim 1 , wherein the at least one third transaction indicates at least one metric of the impact project that has been met, wherein the at least one second transaction includes transferring based on the at least one metric of the impact project that has been met. 
     
     
         6 . The method of  claim 5 , wherein each of the at least one metric corresponds to one of the at least one portion of code. 
     
     
         7 . The method of  claim 5 , wherein the at least one second transaction includes transferring at least a portion of a prize based on the at least one metric of the impact project that has been met. 
     
     
         8 . The method of  claim 5 , wherein the at least one second transaction includes transferring value based on the at least one metric of the impact project that has been met. 
     
     
         9 . The method of  claim 1 , wherein the token has a value, wherein the value is backed by at least one external asset. 
     
     
         10 . The method of  claim 9 , wherein the at least one external asset is real estate, wherein the value of the token is based on a value of the real estate caused by the impact project. 
     
     
         11 . The method of  claim 10 , wherein the value of the token is based further on a change in value of the real estate caused by the impact project. 
     
     
         12 . The method of  claim 10 , wherein the value of the token is based further on a prevention of loss of the real estate caused by the impact project. 
     
     
         13 . The method of  claim 1 , wherein the impact project is a climate change project. 
     
     
         14 . The method of  claim 1 , wherein the impact project includes repurposing of at least one drug for a new disease indication. 
     
     
         15 . The method of  claim 14 , wherein the at least one drug includes a plurality of drugs at a plurality of stages of development. 
     
     
         16 . The method of  claim 1 , wherein the respective transfer included in each second transaction is a transfer of value. 
     
     
         17 . The method of  claim 1 , wherein the at least one second transaction includes transferring at least a portion of a prize. 
     
     
         18 . The method of  claim 1 , wherein the token is at least partially backed via crowdfunding or crowdsourcing. 
     
     
         19 . The method of  claim 1 , wherein a value of the token is at least partially based on a savings. 
     
     
         20 . A non-transitory computer readable medium having stored thereon instructions for causing a processing circuitry to execute a process, the process comprising:
 issuing a token to a user based on an investment made by the user, wherein issuing the token to the user further comprises recording a first transaction on a decentralized ledger indicating ownership of the token;   distributing the decentralized ledger across a plurality of nodes among a decentralized network such that at least one portion of code is stored across the plurality of nodes, wherein the at least one portion of code is encoded based on a plurality of project parameters of an impact project;   recording at least one third transaction on the decentralized ledger, wherein recording each of the at least one third transaction further comprises generating a transaction specifying progress on the impact project and broadcasting the generated transaction as one of the at least one third transaction to the decentralized network; and   recording, via the at least one portion of code, at least one second transaction on the decentralized ledger based on the plurality of project parameters and the at least one third transaction recorded on the decentralized ledger, wherein each second transaction includes a respective transfer via the token issued to the user.   
     
     
         21 . A system for digital tokenization, comprising:
 a processing circuitry; and   a memory, the memory containing instructions that, when executed by the processing circuitry, configure the system to:   issue a token to a user based on an investment made by the user, wherein issuing the token to the user further comprises recording a first transaction on a decentralized ledger indicating ownership of the token;   distribute the decentralized ledger across a plurality of nodes among a decentralized network such that at least one portion of code is stored across the plurality of nodes, wherein the at least one portion of code is encoded based on a plurality of project parameters of an impact project;   record at least one third transaction on the decentralized ledger, wherein recording each of the at least one third transaction further comprises generating a transaction specifying progress on the impact project and broadcasting the generated transaction as one of the at least one third transaction to the decentralized network; and   record, via the at least one portion of code, at least one second transaction on the decentralized ledger based on the plurality of project parameters and the at least one third transaction recorded on the decentralized ledger, wherein each second transaction includes a respective transfer via the token issued to the user.   
     
     
         22 . The system of  claim 21 , wherein the at least one portion of code is configured to record at least one transaction via the decentralized ledger. 
     
     
         23 . The system of  claim 21 , wherein the at least one third transaction indicates at least one milestone of the impact project that has been achieved, wherein the at least one second transaction includes transferring at least one prize based on the at least one milestone of the impact project that has been achieved. 
     
     
         24 . The system of  claim 23 , wherein each of the at least one milestone corresponds to one of the at least one portion of code. 
     
     
         25 . The system of  claim 21 , wherein the at least one third transaction indicates at least one metric of the impact project that has been met, wherein the at least one second transaction includes transferring based on the at least one metric of the impact project that has been met. 
     
     
         26 . The system of  claim 25 , wherein each of the at least one metric corresponds to one of the at least one portion of code. 
     
     
         27 . The system of  claim 25 , wherein the at least one second transaction includes transferring at least a portion of a prize based on the at least one metric of the impact project that has been met. 
     
     
         28 . The system of  claim 25 , wherein the at least one second transaction includes transferring value based on the at least one metric of the impact project that has been met. 
     
     
         29 . The system of  claim 21 , wherein the token has a value, wherein the value is backed by at least one external asset. 
     
     
         30 . The system of  claim 29 , wherein the at least one external asset is real estate, wherein the value of the token is based on a value of the real estate caused by the impact project. 
     
     
         31 . The system of  claim 30 , wherein the value of the token is based further on a change in value of the real estate caused by the impact project. 
     
     
         32 . The system of  claim 30 , wherein the value of the token is based further on a prevention of loss of the real estate caused by the impact project. 
     
     
         33 . The system of  claim 21 , wherein the impact project is a climate change project. 
     
     
         34 . The system of  claim 21 , wherein the impact project includes repurposing of at least one drug for a new disease indication. 
     
     
         35 . The system of  claim 34 , wherein the at least one drug includes a plurality of drugs at a plurality of stages of development. 
     
     
         36 . The system of  claim 21 , wherein the respective transfer included in each second transaction is a transfer of value. 
     
     
         37 . The system of  claim 21 , wherein the at least one second transaction includes transferring at least a portion of a prize. 
     
     
         38 . The system of  claim 21 , wherein the token is at least partially backed via crowdfunding or crowdsourcing. 
     
     
         39 . The system of  claim 21 , wherein a value of the token is at least partially based on a savings.