Validity Score

An IP Asset's validity Score is determined by four factors: maximum validity score $M$, stake-weight factor $S$, dispute-free factor $T$, and time since IP registration $t$. The following formula expresses the validity score $V$ for an IP Asset.

$$V = M \cdot \left( \beta(t) \cdot \text{S} + (1 - \beta(t)) \cdot \text{F} \right)$$

Where:

• $M$ is the maximum validity score for this IP Asset.

• $S$ is the stake weight function with output between 0 and 1. It is calculated based on the existing stake on the IP Asset.

• $F$ is the dispute free function with output between 0 and 1. It is calculated based on the number of disputes and time elapsed since last dispute on the IP Asset.

• $\beta(t)$ is the time-dependent weighting factor between 0 and 1.

Key Points:

• Validity Score $V$ is strictly less or equal to the maximum validity score $M$.

• Time decay factor $\beta(t)$ decreases over time, giving more weight from stake-weight score to the dispute-free score as time progresses.

• The larger the stake weight factor $S$, the higher the validity score.

• The larger the dispute-free factor $F$, the higher validity score.