Pooling method for auction or raffle in a social network system

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United States of America Patent

PATENT NO 8117080
SERIAL NO

13083902

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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This invention relates to a pooling method for an auction existing in a social network system wherein bidding back-up friends who provided the best bidder or raffle winner with bidding money, bidding ticket, or raffle ticket are compensated. The compensation is proportional to the amount of bidding money provided, and the order of the winner and the bidding back-up friend. The pooling method for an auction bid in a social network system comprises the steps of: providing users with bidding money, building a bidding back-up friendship among the users, providing the users with bidding tickets, providing one user's bidding money or bidding ticket to his bidding back-up friend who participates in an auction, and best bidder wins the auction and his bidding back-up friends are compensated.

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Patent Owner(s)

Patent OwnerAddress
ADFUN INC12676 HOOVER ST GARDEN GROVE CA 92841

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Ban, Sung Wan Tujunga, US 3 11
Kim, Yun Hee Tujunga, US 60 358

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