The 1 Million Linden $ Idea


I believe I am a bit slow in hearing about this one. Thanks goes to Looker Lumet for blogging about the contest. OSRAM is holding a contest awarding up to 1 Million L$ for you to come up with a idea that will go through prototyping and eventually become real. Register before January 7. Get 100 L$ just for entering a (serious) idea. 250 ideas will be picked and you’ll get to prototype them in second life. From there, 10 participants will enter the finals (5 winning 75,000 L$, 5 winning 25,000 L$). The winner out of those ten will get the cool million.
posted by Dedric Mauriac on OSRAM Island 2 using a blogHUD : [blogHUD permalink]

11 Responses to “The 1 Million Linden $ Idea”

  1. 1 Million L$ from OSRAM « APLINK - itsReal Says:

    [...] See details HERE [...]

  2. Dedric Mauriac Says:

    Wow. That got linked pretty fast.

  3. anthony reisman Says:

    I’m guessing that they get to keep all rights to all entries? If you can find just one killer app in all the entries, a million Lindens is definitely worth being able to have the rights to pursue it, though if its not patentable, so would everyone who looks at the entries!

  4. oO « regular rambling of a deviant digital artist Says:

    [...] 21, 2007 http://dedricmauriac.wordpress.com/2007/12/21/the-1-million-linden-idea/ Posted by Mace Filed in Second [...]

  5. Dedric Mauriac Says:

    I don’t know abut the rights. My guess is that they keep the rights. However, it would be impressive if they went with the culture of second life and told everyone that everyone owns their own ideas. I submitted 3 ideas myself, so I’m hoping one of them gets picked. 1,000,000 L$ is better than if i tried to pursue a patent myself. Lawyers, Time, and Fees are just something that I don’t have patience for. Selling out is the way to go for me.

  6. Harro! Says:

    Interesting. So what commercial benefit is OSRAM getting out of this?

  7. Dedric Mauriac Says:

    I don’t know. Perhaps they get to claim to corporate clients that they are an innovative company.

  8. Komuso Tokugawa Says:

    You don’t know about the rights, yet you signed up and clicked the “terms and conditions box”, and then submitted three ideas without reading them?

    ref:https://virtual.osram.info/competition/terms-of-use/index_html

    #11 By entering the Competition, participants irrevocably and unconditionally assign to OSRAM free of all charges, encumbrances and rights exercisable by third parties and, without prejudice to the foregoing, with full title guarantee any and all intellectual property rights, i.e. all right, title and interest of whatsoever nature they may have in their ideas and/or all embodiments thereof (regardless whether physical or virtual) concerning New Light made known to OSRAM in the course of the Competition, including, but not limited to, copyrights and rights relating to patentable inventions. OSRAM accepts these assignments.
    Where such assignment is not possible for legal or any other reasons, participants, by entering the Competition, grant to OSRAM free of all charges, encumbrances and rights exercisable by third parties an exclusive, irrevocable worldwide license to use and exploit their ideas and/or all embodiments thereof at OSRAM’s sole discretion in perpetuity, by any and all means and in any and all media now or hereafter known or devised; including, but not limited to, the further development of the ideas and/or all embodiments thereof and the worldwide commercial exploitation and sale of any and all kinds of product based on such idea and/or embodiment.
    Where the legal and/or commercial exploitation of the ideas and/or the embodiments thereof by OSRAM requires registration or a similar process in any country, the participants who submitted the ideas and/or the embodiments thereof shall support OSRAM in such process by providing the necessary declarations, documents or other materials available to them. If such support is required from a participant, OSRAM shall cover the reasonable costs for such support.
    # By entering the Competition, participants waive in perpetuity in respect of their ideas and/or embodiments thereof, the benefits of any provision of law known as moral rights or any similar law in any country. Participants warrant and represent that their ideas and all embodiments thereof are original to them and that they have the right to assign the rights or to grant the licenses expressed to be granted in clause no. 11, free from any and all encumbrances and third party rights.
    # By entering the Competition, participants consent to OSRAM using their ideas and all embodiments thereof made known to OSRAM in the course of the Competition for PR purposes, including, but not limited to, advertisements, and agree not to seek any financial reimbursement for such use.
    # By entering the Competition, participants agree to release and hold OSRAM harmless from any and all losses, damages, claims, rights, liability and actions of any kind brought against OSRAM in connection with their ideas and/or embodiments thereof made known to OSRAM in the Competition, or their breach of the foregoing warranties and representations.
    # By entering the Competition, participants agree to release and hold OSRAM harmless from any and all losses, damages, rights, claims and actions of any kind in connection with the Competition resulting from acceptance, possession, participation, or use of any prize, including and without limitation, personal injuries and death (unless caused by OSRAM’s negligence), as well as property damage and claims based on publicity rights, defamation, or invasion of privacy.
    # By entering the Competition, participants agree that any problems with the functionality of the virtual environment SL are subject solely to Linden Lab’s responsibility and that OSRAM cannot be held liable in any way for any kind of problems or malfunctions of the service provided by Linden Lab.
    # By entering the Competition, participants agree that, in the event of winning a prize, OSRAM may use their name in publicity and waive any claims to royalty, right, or remuneration for such use.

  9. Dedric Mauriac Says:

    So they own my 3 ideas that I submitted. No major loss there for me. I rarely look at terms and conditions. It is all legal mumbling to me. Besides, many court cases have gone through and proven T&Cs could not be enforced with some wording. So who knows what is valid in this T&C. I’m not a lawyer.

  10. Komuso Tokugawa Says:

    Hey don’t shoot the messenger!

    For the s ~us$3745 you assign all your IPR to Osram, with no % renumeration “should” it turn out to be a world beating product.

    “I agree to the Terms and Conditions ” is quite prominent in the registration process, and I’d say these T&C have been drafted by Osram corporate legal dept, so I suspect they know what they are doing.

    It’s an interesting twist on corporate R&D. The dept of engineers are basically doing their normal job, so it’s really no extra cost to Osram. For a small marketing budget to get the competition off the ground and run it, they have essentially outsourced the idea generation phase to the SL population, and acquire the IPR for a one time buyout fee.

    Pretty neat, especially if a successful commercial product eventuates.

    now…what ideas should I submit….

  11. Dedric Mauriac Says:

    It all goes back to the idea of wikinomics. You get the public to come up with the ideas. Everyone has a different opinion so you get a diverse range of ideas to pick from. The ideas I submitted don’t matter if I only get the 100 L$ or win the 1,000,000 L$. Either way is great (of course, 1 mil is better). However, I’m not going to lose any sleep over it. If it was something i could do on my own all the way to the sales floor, I wouldn’t have submitted the idea. Who is to say that someone else doesn’t already own an obscure patent on my idea anyway.

    Good luck in the contest.

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