Virtual world property disposition after real-world occurrence

US7917371B2 · 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: Feb 5, 2010
• Grant date: Mar 29, 2011
• Expiry date: Feb 5, 2030

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q50/184
• 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 of various types of virtual property and virtual property rights.