Patent ID: 8015058

Claim:
A system comprising: a network interface; one or more processors; and a machine-readable medium storing a set of instructions that, when executed by the one or more processors, cause the machine to perform operations comprising: receiving contact information of an entity wherein the contact information was received from a first user of a plurality of users of the system; publishing the contact information to the plurality of users; providing a first reward to the first user of the plurality of users; receiving, from a second user of the plurality of users, validity information relating to the contact information; determining, by the one or more processors, an information type of the validity information, the information type consisting of at least one of: challenging validity of the contact information; updating the contact information; or confirming the validity of the contact information; determining, by the one or more processors, a second reward of a predetermined value based on the validity information; providing the second reward to the second user in response to the receiving of the validity information relating to the contact information; modifying a total stored value for the second user with the value of the second reward; and taking an action, by the one or more processors, on the total stored value, wherein the action comprises redeeming, selling, purchasing, transferring, or exchanging at least a portion of the total stored value.