Loci revolutionizes the way the world invents. Its intellectual property research, creation, and exchange platform drastically cuts down the prohibitive costs for inventors as well as making the jobs of intellectual property professionals much easier. The trillions of dollars wasted each year on unsuccessful R&D can be reinvested into further innovation. With the application of blockchain to its platform, Loci gives immutable data to defend user rights to intellectual property. It is with this vision that Loci expects the utilitarian value of LOCI Coins to increase over time and become the standard valuation metric for all IP.