From Idea to ProtectionLast Updated: January 14, 2019
At LOCI, we're empowering absolutely everyone to be an inventor. Gone are the days of lengthy processes, thousands in wasted dollars, and attorneys that couldn't care what your name was.
With LOCI Search, we aim to solve all those problems and then some. From idea to patent, we're here to help you along the way. This guide was built with seasoned and amateur inventors alike, helping you navigate this complicated landscape.
We all have ideas. Some have hundreds that cross their mind every single day. But the expensive process and daunting paperwork have previously made us hesitant to pursue them. That's why we made it easy to research and understand what currently exists in the same realm of your idea. First thing's first, head over to the Search tab to get started.
When you land on the search page, you'll want to input a few keywords. It's important to be as specific as possible so that the data that the Venn diagram presents, is most accurate to your idea or the market you're searching. We recommend starting with at least three keywords, as seen in the screenshot below.
Keep in mind, those keywords aren't entirely that specific. You can go more in depth. At the bottom of the diagram, you can see how many results turned up for each keyword. For example, our primary keyword, camera, returned 243,377 results. You may find it hard to sort through all of that. Based off the Venn diagram though, you can see that we can start to draw some conclusions. You can see where there's overlap and saturation, and where there might be some critical whitespace in the market.
If you're looking to filter those keywords down, you're able to click the little settings wheel next to each keyword to search by inventor, active status, application status, and so much more.
Hover over a dot to see the name of the patent, and click on it to get more in depth data on it, including patent drawings.
Analyzing Your Idea
So now that've used our searching tool to discover what currently exists and complete your first set of prior art, you're able to to run an invention analysis. This tool allows you to input your idea, some information, and boom. 💥 We give you all the information you need to determine whether your idea is unique, how to improve it, and what else exists in the same space. We also give you something called a LOCI Score. If you're wondering more about what the stats, scores, and information means, head over to our LOCI Score FAQs!
We get asked a lot: aren't you just going to steal my idea? We understand the hesitation. You have a million dollar idea, you're going to be the next Zuckerburg. We don't want to steal your idea, we want to empower you to take your idea to the next level. Nothing you input in to the invention analysis portion gets seen by anyone else except yourself. Rest assured, your secret is safe with us. If you want to read more on that, check out our article here.
Once you analyze your idea, you're able to better understand where your idea falls. Is it worth pursuing? Do I need to tweak something? What we see most people do is take the information from the first analysis, improve the idea, add some more context, and run it again for a better score. On average, our users run two to three invention analysis's before they move on to the next step.
Staking & Protecting Your Idea
After you get a sufficient enough LOCI Score, you're able to move on to the next step: staking your idea.
LOCI is unique in the way that it utilizes blockchain. In today's day and age, you may imagine blockchain being an extremely popular buzzword. There is a lot of noise out there, and it's difficult to sort through it. Despite the bad noise that exists in that space, we're here to break those connotations. Blockchain simply put is a decentralized technology. It's an open ledger or record that is unable to be altered. We recommend reading a bit more on blockchain here.
So, why does LOCI use blockchain? Simple. We're able to use a stake on the blockchain to defend you were the first to come up with your idea. It starts the proof of public disclosure process under US Patent Law. This protects you and allows you to sleep easy with your idea in blockchain's hands.
Once you stake your idea through the LOCI Search platform, it gets sent to the blockchain and your twelve-month grace period kicks off. The link above gives you a bit more info into what that exactly means.
What if I want to sell my idea?
We offer a full help article on what it means to sell your idea on LOCI. Simply put, once your idea is staked, it's pushed to the LOCI platform. Other users can then come across your idea through their searches. Users can be prompted to bid on your idea if they're interested and from there, we'll notify you to facilitate a sale. A LOCI Marketplace, which we deem the eBay of ideas, is on the way, which will make this process much easier and more successful for our inventors.
What about patenting my idea?
LOCI is extremely excited to announce that in addition to all of our other tools, we'll now begin offering provisional patent filing right within the platform. Once your searches, prior art, analysis, and staking is complete, you'll now be offered this step. Think of all that money you've saved along the way. You're about to save a whole lot more.
Launching in late January, you'll be able to file a provisional patent within the platform through three unique routes.
- File on Your Own
- File with an In-Network LOCI Patent Attorney
- File with Your Own Attorney
Each have their pros and cons, and help documentation on that will be coming soon.
This is a great way to go from idea to a provisional patent, all within a day.
We think we covered it all. But we're always available to help and assist along the way. We want to make LOCI the home of ideas, and our mission proves that. We're excited to continue to bring new features and tools to make inventing accessible to all.