Panagon is a think tank that has a plan to implement its patent-protected systems that will replace cemetery burial while collecting more personal data on individuals than any current medium. Panagon’s business model is licensing this system to funeral homes, cemeteries, building-renovators and land developers. Panagon does not intend to operate these locations, but instead, like a franchisor, its business is to sell its system and provide support for its licensees in exchange for fees.

Panagon’s future customers will willingly allow Panagon to sell the data they upload to Panagon’s secure cloud servers. The data will be converted to an anonymized format, and the customers will authorize Panagon to sell their data in exchange for the valuable benefits Panagon will give them.

Panagon will first license its patent rights to builders and developers of the cemetery replacement buildings, in exchange for licensing fees. Next, Panagon will license to data-marketing companies the rights to the resulting huge and immensely valuable database.

Panagon Buildings and Heritage Galleries 

Panagon will disrupt and reinvent the Descendants Care and Legacy market segment, presently limited to cemetery burials, mausoleum interments and cremations. It’s estimated that this new segment in the U.S. alone offers $4 billion in revenue annually. Leveraging our patent on the use of condominium laws to transform buildings into resting places for the deceased, Panagon’s business model is based on a license to develop Panagon buildings, in which customers own individual suites known as Heritage Galleries, and will have condominium-type rights that provide a safe and comfortable place for family members. Visitors to the Heritage Galleries will be able to interact and converse with virtual AI-powered versions of the deceased using data collected during their lifetimes, and will be able to learn about their lives and times. Funeral home and cemetery owners, real estate developers, and owners of under-performing properties such as strip-malls, office space and abandoned churches and schools will be eager to license Panagon’s patent-protected, proprietary systems and methodologies to convert their properties to profitable Panagon’s buildings.

Panagon Data Collection and Data Marketing 

In addition to licensing its patented burial replacement system, Panagon will also license the rights to mine and sell, in anonymized form, the data collected from what we project to be hundreds of millions of people who will upload videos, photos, sound files, emails, and other data that record their activities, thoughts and interactions. Using the Panagon app, they will effortlessly capture, digitize, and tag the user’s surroundings, movements, attitudes, and self-expression all through their lives. Today, the obvious choice for collecting data is the smartphone. But Meta, Alphabet and Microsoft, as well as many other tech companies, are working on new inventions for users to capture their surroundings. No matter what devices might become popular, the Panagon system will be able to use the recorded data.

We also have the exclusive patent on using AI and other technologies for our Heritage Galleries where future generations of visitors will be able to interact and communicate with AI virtual selves of people who passed away, powered by the data collected over their lives. Our Heritage Galleries can be as small as a room for a husband and wife to an entire floor or wing for large families of grandparents, parents, uncles, aunts, friends, and anyone else who is invited. Within the Heritage Galleries, visitors will have access to screens, holograms, servers and other electronic equipment to search our private, completely secure, dedicated networks. People will become unable to resist habitually creating digital biographies so that visitors can interact with their AI-powered virtual-selves.

Panagon Seeks Funds to Hire Management Team to Implement Its Patented Systems

As a think tank, Panagon never expected to operate its business. Now, with its plan fully in place, it’s time for Panagon to bring on board a CEO and CFO along with a highly qualified and skilled management team. To that end, Panagon seeks to raise funds from investors to vet and hire its executives and managers to build and operate its licensing model.