Virtual world reversion rights

US7720733B2 · kind B2 · utility

Assignee

• THE INVENTION SCIENCE FUND I, LLC · US

Inventors

• Edward K.Y. Jung · Bellevue, US
• Royce A. Levien · Lexington, US
• Robert W. Lord · Seattle, US
• Mark A. Malamud · Seattle, US
• John D. Rinaldo, JR. · Bellevue, US

Key dates

• Filing date: Dec 15, 2005
• Grant date: May 18, 2010
• Expiry date: May 25, 2028

Classification

• Technology area (CPC Y): Emerging Cross-Sectional Technologies
• CPC primary: Y10S707/95
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and system provides transactions and arrangements in virtual world environments. A user can participate in transactions to acquire virtual property and related virtual rights. In some implementations, real-world and virtual parties can be involved in possible transfers and/or transfer revocations involving various types of virtual objects and virtual rights.