MORE ABOUT INSTANT IP™
WHO IS IT FOR?
Instant IP™ is for brands, businesses, entrepreneurs, owners, and creators.
WHAT IS IT?
Instant IP™ is the blockchain-based, smart contract solution.
WHY USE IT?
Instant IP™ is IP protection that’s faster, cheaper, and easier.
Patents costs $30,000 and take 1-3 years.
Instant IP™ costs $97 and takes 1 minute.
PATENT
Average Cost: $30,000
Average Time: 1-3 yrs
INSTANT IP
Cost: $97
Time: 1 Minute
Traditional IP Protection Costs Too Much Time and Money For Many People
Our new world requires a new way of protecting Intellectual Property that’s faster, easier, and cheaper.
Watch Kary’s Presentation to the Congress Commissioned USPTO Panel on Intellectual Property and Instant IP™
YOUR IDEAS ARE VALUABLE
PROTECT THEM TODAY
IDEAS ARE VALUABLE ASSETS
In our parents and grandparents day, tangible assets held the most value. This means buildings, land, and supplies. Look no further than the S&P 500 index which reflects the value of many of the largest companies in the United States.*
In 1975, 83% of assets were tangible. But times have changed. In 2020, only 10% of the assets were tangible.** The other 90% were intangible, meaning intellectual property. The Digital Age favors a Creator Economy. This means the most value related to your books, businesses, and brands is your Intellectual Property.
* The Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on exchanges in the United States. It is one of the most commonly followed equity indices.
** Visual Capitalist. November 12, 2020.
Intellectual Property Is
The Most Valuable Asset
In our parents and grandparents day, tangible assets held the most value. This means buildings, land, and supplies. Look no further than the S&P 500 index which reflects the value of many of the largest companies in the United States.*
In 1975, 83% of assets were tangible. But times have changed. In 2020, only 10% of the assets were tangible.** The other 90% were intangible, meaning intellectual property. The Digital Age favors a Creator Economy. This means the most value related to your books, businesses, and brands is your Intellectual Property.
* The Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on exchanges in the United States. It is one of the most commonly followed equity indices.
** Visual Capitalist. November 12, 2020.
What about Patents?
Patents provide protection and they make sense in certain cases like when you want to take infringers to court, borrow money against your patent portfolio, or increase valuation when you sell your company. (Sue. Borrow. Sell.)
Instant IP™ is patented. Why? Because, someday we might sell the company. However, our CEO and founder Kary Oberbrunner uses Instant IP™ to protect all of his other Intellectual Property.
Patents have they’re drawbacks. They’re expensive (average $30,000) and take a long time (average 1-3 years). According to the USPTO patents have a first-time rejection rate of more than 85%.*
* Michael Carley, Deepak Hegde, and Alan Marco, “What is the Probability of Receiving a U.S. Patent”, 17 Yale J.L. & Tech. 203 (2015).
What about Patents?
Instant IP™ is patented. Why? Because, someday we might sell the company. However, our CEO and founder Kary Oberbrunner uses Instant IP™ to protect all of his other Intellectual Property.
Patents have they’re drawbacks. They’re expensive (average $20,000) and take a long time (average 1-3 years). According to the USPTO patents have a first-time rejection rate of more than 85%.*
* Michael Carley, Deepak Hegde, and Alan Marco, “What is the Probability of Receiving a U.S. Patent”, 17 Yale J.L. & Tech. 203 (2015).
WHEN DO PATENTS MAKE SENSE?
Watch Kary’s exclusive interview with Katie Rubino, Chair of Life Sciences Practice Group at Caldwell Intellectual Property Law, the fastest-growing Law Firm in the USA. They discuss patents and Instant IP™ and when it makes sense to use each.
With 1 Click, We Transform Your Idea Into Instant IP™
With Instant IP™ we timestamp your idea, creating an immutable digital asset that proves your ownership and establishes a first to use and first to file event.
Blockchain Provides Many Benefits
WHAT IS BLOCKCHAIN?
Blockchain is a digital system in which a record of data is maintained across several computers that are linked in a peer-to-peer network.
These computers, called nodes, check and save data, unlike traditional methods that keep data in one central location. Information on a blockchain is grouped into blocks, which are linked together as more data is added.
Blockchain is a public, digital, ledger. Think of it as a distributed record that everyone can see, but nobody can edit. It’s incredibly secure.
SMART CONTRACTS CAN PROVE FIRST USE
Smart contracts are superior because they’re immutable and unchanging. This means bad actors cannot change the “timestamp” (first use) because it’s permanently captured on the blockchain.
NOTE: We only protect your Intellectual Property. If you submit Intellectual Property that you do not own, you will be legally responsible.
Smart Contracts are Recognized Worldwide
Smart contracts are the way of the future. Currently states and countries recognize this technology and favor it because of the many benefits listed below. Experts believe soon all transactions will be done via smart contracts.
(Example include: marriage licenses, real estate deeds, vehicle titles, academic diplomas, business agreements, etc.)
Frequently Asked Questions
1. WHAT IS A SMART CONTRACT?
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement.
Röscheisen, Martin; Baldonado, Michelle; Chang, Kevin; Gravano, Luis; Ketchpel, Steven; Paepcke, Andreas (1998). “The Stanford InfoBus and its service layers: Augmenting the internet with higher-level information management protocols”. Digital Libraries in Computer Science: The MeDoc Approach. Lecture Notes in Computer Science. Springer. 1392: 213–230. doi:10.1007/bfb0052526. ISBN 978-3-540-64493-4.
Fries, Martin; P. Paal, Boris (2019). Smart Contracts (in German). Mohr Siebeck. ISBN 978-3-16-156911-1. JSTOR j.ctvn96h9r.
Savelyev, Alexander (14 December 2016). “Contract Law 2.0: “Smart” Contracts As the Beginning of the End of Classic Contract Law”. Social Science Research Network. SSRN 2885241.
Tapscott, Don; Tapscott, Alex (May 2016). The Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World. Portfolio/Penguin. pp. 72, 83, 101, 127. ISBN 978-0670069972.
2. CAN SMART CONTRACTS BE CHANGED?
When the smart contract is executed, the software protocol creates an immutable (unchangeable) record of the transaction, linking it to the block of prior transactions in that blockchain. The cryptographic links between each block make it virtually impossible to go back and edit or delete prior transaction data.
Bench, Jonathan. Are Smart Contracts Legal Contracts? April 26, 2023. https://harrisbricken.com/blog/are-smart-contracts-legal-contracts/
3. ARE SMART CONTRACTS LEGALLY BINDING AND ENFORCEABLE IN THE UNITED STATES?
Several states have passed or have pending legislation related to smart contracts, ranging from forming exploratory committees to recognizing basic concepts to providing comprehensive treatment.
For example, Illinois passed the Blockchain Technology Act in January 2020, which defines smart contracts and provides that they are valid and enforceable if they meet certain requirements. New York has a bill that simply recognizes the use of blockchain technology and smart contracts in commerce.
There is also a strong argument to be made that existing contract, electronic signature, and related laws and regulations are already adequate to manage the legal implications of smart contracts.
The Arizona governor has signed a bill that officially recognizes blockchain signatures and smart contracts. According to the bill, it states that ‘a record or contract that is secured through blockchain technology is considered to be in an electronic form and to be an electronic record.’
It further adds that: “Smart contracts may exist in commerce. A contract relating to a transaction may not be denied legal effect, validity or enforceability solely because that contract contains a smart contract term.”
Morris, Manning & Martin. Smart Contracts And U.S. State Law. April 5, 2023.
Campbell, Rebecca. Official: Arizona Law Recognizes Blockchain Signatures and Smart Contracts, March 4, 2021.
4. ARE SMART CONTRACTS LEGALLY BINDING AND ENFORCEABLE IN OTHER COUNTRIES?
Many countries have incorporated smart contracts into their laws, including Italy, Dubai, Argentina, and more. Belarus was the first country to legalize smart contracts in 2017.
Smart contracts are computerized transaction protocols that execute contract conditions. They are similar to existing contracts because they have the same goals.
Smart contracts are enforceable as long as they follow the basic rules of contractual agreements.
John, Fáwọlé . Smart Contract Use Cases: Unlocking Blockchain’s Potential. April 19, 2023.
https://cointelegraph.com/news/legally-enforcible-cardano-smart-contract-argentina
5. IF I NEED TO MAKE UPDATES TO MY INSTANT IP™ SMART CONTRACT, WHAT DO I DO?
Businesses and brands often modify their Intellectual Property over time. Logos evolve and processes are refined. (See KFC example below.) Because smart contracts are immutable you can’t change them. Rather, you want to add another smart contract.
6. CAN I PROTECT A MULTI-PAGE DOCUMENT?
Yes, of course. You can protect a multi-page document. Each credit can protect a file up to 100 MB. Look below to see what types of files can be protected. Our clients use a variety of strategies to save on credits. One strategy is to record your screen while scrolling through a multi-page document, course, website, app, or slidedeck. This video file that captures multiple pieces of content only requires one smart contract. They simply record their screen as they do a “walk-thru” (sometimes even narrating the tour). The main point is to document your idea so we can then protect it through our proprietary blockchain technology.
7. WHAT TYPES OF FILES CAN BE PROTECTED?
Most document types can be protected. These include:
- Images – PNG, JPG, SVG, EPS, PSD, GIFs.
- Video – . MP4, WEBM, MOV, AVIs
- Audio – MP3, M4A, WAVs
- Text – DOC, DOCX, XLS, XLSX, PDFs.
- 3D/AR -glb. gltf, zip that contains a .
Meet the Instant IP Team
Kary Oberbrunner is a Wall Street Journal and USA Today bestselling author of 14 books. As CEO of Igniting Souls and Instant IP, he helps abundant-minded and coachable-competent entrepreneurs publish, protect, and promote their Intellectual Property and turn it into 18 streams of income.
Read More
His companies are committed to: Setting Free World-Changing Ideas. An award-winning novelist, TEDx speaker, screenwriter, and inventor, he’s been featured in Entrepreneur, CBS, Fox News, Yahoo, and many other major media outlets.
As a young man, he suffered from severe stuttering, depression, and self-injury. Today a transformed man, Kary ignites souls. He speaks internationally on a variety of topics including leadership, personal growth, human performance, blockchain technology, and entrepreneurship. As a futurist, he often consults on marketing, branding, Intellectual Property, and Web3.
He has several earned degrees, including a Bachelor of Arts, Masters in Divinity, and Doctorate in Transformational Leadership. He also serves as the Berry Chair of Entrepreneurship at Cedarville University, where he teaches on the topics of Entrepreneurship and Digital Marketing. Kary enjoys cycling, especially in the French Alps. He lives in Ohio with his wife Kelly and three children: Keegan, Isabel, and Addison.
Sarah Grandstaff is the Integrator for Instant IP and Igniting Souls. She’s a publishing veteran, transformational leader, and change-agent. Sarah thrives as a coach focused on maximizing teamwork and leveraging UniqueAbilities. She’s Kary’s thinking partner providing both companies with invaluable clarity and guidance.
Meet the Team Behind Instant IP™
Kary Oberbrunner is a Wall Street Journal and USA Today bestselling author of more than a dozen books. As CEO of Igniting Souls and Blockchain Life, he helps authors, entrepreneurs, and influencers publish, protect, and promote their Intellectual Property and turn it into 18 streams of income.
Read More
His companies are committed to: Setting Free World-Changing Ideas. An award-winning novelist, TEDx speaker, screenwriter, and inventor, he’s been featured in Entrepreneur, CBS, Fox News, Yahoo, and many other major media outlets.
As a young man, he suffered from severe stuttering, depression, and self-injury. Today a transformed man, Kary ignites souls. He speaks internationally on a variety of topics including leadership, personal growth, human performance, blockchain technology, and entrepreneurship. As a futurist, he often consults on marketing, branding, Intellectual Property, and Web3.
He has several earned degrees, including a Bachelor of Arts, Masters in Divinity, and Doctorate in Transformational Leadership. He also serves as the Berry Chair of Entrepreneurship at Cedarville University, where he teaches on the topics of Entrepreneurship and Digital Marketing. Kary enjoys cycling, especially in the French Alps. He lives in Ohio with his wife Kelly and three children: Keegan, Isabel, and Addison.