Wheel INVENT democratizes innovation by leveraging blockchain technology to certify and monetize people’s ideas. Wheel INVENT is an AI-driven platform that sources and qualifies ideas from the crowd. We analyze, score, and categorize ideas with Machine Learning (ML) algorithms and certify the ownership of these ideas with Non-Fungible Tokens (‘NFT’). Each NFT transaction rewards a user with our fungible token called SPOKES. The better the idea, the more SPOKES are awarded.
Idea inception and concept development
Company incorporation (Wheel Invent Corporation)
Algorithm development and training using 10,000 ideas
Pre-seed funding from angel investor
Advisory team set-up
Platform development (excl. NFT technology)
Q1 2021
Soft launch with Harvard Business School to test platform and validate business model
Development of technical roadmap and specifications for NFT and SPOKES integration onto platform
Token release preparation
Q2-3 2021
Set-up and execution of token issuance and marketing campaigns
Private pre-sale of SPOKES token
Public token offering
Q3-4 2021
Execution of technical development to incorporate NFT and SPOKES on wheel INVENT platform
Q1 2022
Global platform launch (incl. NFT and SPOKES payments)