ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,541,776, issued on Feb. 3.

"Three-way exchange system for raising funds for projects" was invented by Paul McGovern (Oregon House, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods, systems, and apparatuses, including computer programs encoded on computer storage media, are provided for managing contributions to projects via a three-way exchange platform. A project manager uploads project details, which are stored on the platform. A provider uploads details of one or more services, classes, events, products, or experiences offered by the provider, which are stored and published on the platform. The provider also indicates support for the proj...