Episode Details

The Innovation Game: The Market-Driven Approach to Solving Big Science Problems
8/30/2024
The Delphi Podcast

Key Insights

Bullish:

  • 🟢 $TIG - TIG (The Innovation Game) aims to accelerate open algorithmic innovation, capture IP, and generate demand for its token through commercial license fees.
    • TIG is, stands for the innovation game, and, its purpose is to accelerate, open algorithmic innovation.” - John (CEO) (1:01)
    • We capture IP. We will receive, licenses to patents if somebody's already got a patent on it on their contribution. If they don't have a patent on their contribution, and they want to, say, apply for the higher tier of algorithmic breakthrough rewards, we will ask for all sort of assignment of the rights to file a patent on the contribution ourselves.” - John (CEO) (43:03)
    • These sort of commercial license fees are well, they're in some way, they're sort of scaled to the size of the organization, but the key thing is that they're payable in the TIG token. They'd probably be priced in dollars, but, it'd be how how many TIG tokens are worth that amount of dollars at that particular time. And that's what generates the demand, you know, on the back end for for the the TIG token.” - John (CEO) (46:02)