US Patent Issued to Prophet Productions on Nov. 11 for "System and method for bidding on an asset in progress" (Illinois, New York Inventors)

ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,469,072, issued on Nov. 11, was assigned to Prophet Productions LLC (New York).

"System and method for bidding on an asset in progress" was invented by Bobby Elijah Aviv (New York) and Amy Leigh Pearson (Glenview, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The Bidding on an Asset in Progress (BAIP) system allows live, real-time bidding on a work (song, artwork, invention, story, concept, etc.) during its inception and evolution. The system captures video and/or audio of the work and/or artist during inception and creation and/or production of the work. The live performance in the auction can take place in a metaverse. Depending on how the artis...