ICO Detector #1: USAT, a blockchain incubator to protect and market intellectual property

We start a new feature: the ICO Detector in which we introduce interesting Initial Coin Offerings (ICO’s). In our first episode: USAT, the United Scientists Association of Technology.

Who is USAT Inc?

The United Scientists Association of Technology Inc. (USAT Inc.) was created in a response to the constant frustration which was experienced by the scientific community when attempting to bring their ideas to fruition. Not only scientists but all inventors face significant obstacles when trying to make an idea a reality. Generally, an idea has to go through many stages before it can ever be brought to market.

Koop gemakkelijk en snel Bitcoin bij Bitvavo. Ga aan de slag en betaal geen handelskosten voor je eerste aankoop tot €1.000 !

From idea to reality

These stages range from specialised technical assistance, to marketability studies to roll out strategies to logistics, all requiring injections of funding. Through these various stages, the idea becomes exposed to the people assisting the inventor, with little guarantee that they will not just simply steal or leak the idea for their own personal benefit. Unfortunately, even if an inventor is willing to sell off their intellectual property (IP) from the very beginning, it’s as simple as that to execute.

Intellectual property

In most cases IP will not be acquired by the buyer without significant progress in the development of the technology to prove its functionality, at the very least having working prototypes available as a proof of concept. At this point as an inventor, your problems have just started. In many jurisdictions around the world your IP is not considered as your IP if you thought of it whilst you were working for an employer, whose operations relate in any way to the invention itself.

University claims

Now imagine if you work at a university, which can more or less claim that every idea can somehow relate to one of their department’s operations… Not only that but they can make this claim years after you have terminated your employment with them! So you see, as an inventor not only are you alone but nearly everything is against you…

The answer to this: USAT platform

Out of this void and frustration, the scientist of the world united to form USAT Inc., an Australian organisation which at its core, values the wealth of innovation and believes that this innovation will drive the world forward in a positive way. The USAT platform assists innovators through every step of the commercialisation process, at all times protecting the sensitive information behind the IP.

Blockchain solution

This is achieved through a blockchain enabled platform that allows restricted, timestamped access to key individuals which provide both scientific and commercial expertise to the project as it progresses through the commercialisation pipeline. At the end of the cycle, the revenue generated through the sale of the product is perpetually injected back in to the platform for continuous development and expansion. USAT has proven that this system works in 2 ways.


Firstly, through the confidence which is placed on the platform by the scientific community, though the inundation of submitted IP and secondly thought the successful development of highly innovative products, which in most other cases would have been either lost or buried in the mind of the inventor. As a non-profit organisation, the interests of stakeholders overcomes the commonly encountered greed of corporate shareholders. Here all corporate systems have been designed to protect the value and interests of the inventors, USAT token holders, product customers and community, period!

Token sale

For more information about the USAT token sale or the flagship technology currently being deployed by USAT Inc. (the ultra-affordable and clean renewable energy project, Solar-wind technology), visit our website.

This ICO profile is part of a content partnership between Bitcoin Magazine NL and USAT.inc.

Lees meer over:

    By Wessel Simons

    Journalist en mede-oprichter van bitcoinmagazine.nl in 2017. De site is uitgegroeid tot een van de belangrijkste bitcoin - en cryptosites van de Benelux met ruim 1 miljoen gebruikers.

    Meest gelezen

    Bitcoin koers breekt door $35.000, ligt $48.000 in het verschiet?

    Bitcoin is de afgelopen 24 uur door de $35.000 grens gebroken. Analisten anticiperen op een...

    Apple-Gebruikers Opgelet: Hackers Hebben Het Gemunt op Je Crypto

    Nieuwe malware gericht op Apple's MacOS, vermoedelijk gelinkt aan de Noord-Koreaanse hackersgroep Lazarus, heeft blockchain-ingenieurs...

    Goedemorgen Bitcoin: Hayes voorspelt bitcoin koers van 1 miljoen dollar

    Goedemorgen! We hebben het laatste nieuws voor je op een rij gezet. Begin de dag...

    Solana Bulls Razen Vooruit, Ligt $50 In Het Verschiet?

    Cryptomunt Solana heeft opmerkelijke veerkracht getoond op zijn bullish koers, ondanks kleine tegenvallers in het...

    De beste en meest interessante afleveringen van de Hup Bitcoin podcast

    In het afgelopen jaar hebben we in totaal meer dan 70 afleveringen van onze Hup...

    Lees meer

    Net binnen

    “Dalende bitcoin-ether spread goed nieuws voor altcoinhandelaren”

    De dalende bitcoin-ether-spread is muziek in de oren van altcoinhandelaren, zo meldt Coindesk vandaag. De...

    Bitcoin whales Nieuws
    Bitcoin (BTC) whales boeken gigantische winsten op hun investeringen

    Ki Young Ju van CryptoQuant deelt regelmatig interessante informatie over de blockchain van bitcoin. Ditmaal...

    Bitcoin ETFs verzamelen ruim 746.831 bitcoin

    De Spot Bitcoin ETFs beginnen langzaam te merken hoe schaars bitcoin is. Als we Grayscale...

    Bitcoin koers bereikt hoogtepunt van $61.000 op grote cryptobeurzen

    Bitcoin blijft in 2024 doorknallen. De prijs per BTC staat voor het eerst in ruim...

    bitcoin bullish Nieuws
    “Bitcoin opnieuw op $57.000 maar de markt staat op zijn kop”

    De bitcoin koers is deze week voor het eerst sinds 2021 weer op het niveau...

    Lees meer