The Invention Science Fund I, LLC (Bellevue, WA)
A system and method that permits transactions to be conducted in virtual world environments. The user is able to participate in transactions that allow them to obtain virtual property and virtual rights. Some implementations allow real-world and virtual parties to take part in transactions that involve possible transfers or revocations for various kinds and kinds of rights and property virtual.
Virtual worlds often contain imaginary characters participating in fictional events, activities and transactions. There are educational, financial and entertainment benefits in creating new and challenging ways for providingparticipation transactions related to virtual world environments.
Methods and systems to acquire something that could be valuable in a virtual world described herein could take different forms. A computerized system may include several computer programs with processing instructions.
Certain system implementations for a possible future transfer include at least one computer device to create a virtual environment; and a first data record that indicates something in the virtual world that could be subject to a future transfer from a donor to a recipient, which future transfer is contingent upon being disqualified and a second record that specifies the requirements for revocation of a future transfer; and a controller module operably coupled to the one or more computers to help determine whether to implement the revocation of the transfer in accordance to the criteria for cancellation.
Certain of the methods described herein allow for future transfers in virtual worlds. This may include identifying a particular virtual object or right that can be transferred to a beneficiary party and establishing that the future transfer of this particular virtual object from the donor to the recipient is subject to revocation. Other advantages include the capability to perform a temporary transfer, and implementing that tentative transfer when triggered by a disqualification factor which involves the donor.
Some embodiments provide a method for cancelling a possible transfer in a virtual world, including enabling a virtual world patron or the character associated with it to be a donor party that is authorized to make a subsequent transfer of one or more specific virtual objects or rights virtual to a recipient, and providing confirmation of a necessary real-world or virtual world exclusion prior to the beginning of the next transfer. Other options include determining if the criteria for cancelling a future transfer have been set and completing the transfer the recipient in the event that the criteria are not established.
Certain embodiments are possible within computer program products which include program instructions to connect information in computer system. The method could include providing a virtual world environment that allows a donor to arrange a future transfer of an object virtual or a right to a person who is a recipient, and authorizing an initial transfer of the virtual object or virtual right to the recipient on the basis of a disqualification occurrence involving the donorparty, as well as making it possible to revoke the transfer in accordance with pertinent information indicating that the disqualification was removed or corrected, or remedied.
A computer program product can include computer-readable signal-bearing devices, which include an electronic storage medium, and/or a communications medium to encode the instructions.
An example process could be encoded onto signal transmission media as well as storage media in certain computer program embodiments. This is feasible for multiple virtual world users who can sign in at various locations. Other computer program productembodiments may have an exemplary process encoded on storage and/or signal transmission media capable of functional operation on localized computers available to each virtual world user.
Virtual environment transactions that are disclosed in this document may be made by various types of parties and/or entities dependent on the benefits that arise from the embodiments and their implementations.
The following drawings and descriptions will assist you in understanding the benefits, features and additional features of the preferred versions.
Click here to view the patent on USPTO website.
Get Patents with PatentPC
What is a patent?
The government grants patents to safeguard an invention patents give the inventor with exclusive rights to develop, utilize to sell, and market the invention? society gains when a innovative technology is introduced into the marketplace. The benefits may be direct terms, as it may allow people to do previously impossible things. Or indirectly through the economic opportunities (business expansion and employment) that the innovation offers.
Patent protection is sought by a variety of university researchers and drug companies for their research and development. Patents can be granted to the creation of a product, process or method for making new materials. To be granted patent protection, an invention must be novel, useful, and not obvious to others in the same field.
Patents reward inventors who have commercially successful inventions. They provide a reason for inventors to invent. Patents permit inventors and small businesses to be confident that there’s an excellent chance that they will get a profit for their time, effort, and money invested in the development of technology. It means that they can make a living by their work.
Patents play essential roles in firms and can be used to:
Protect your innovative products and services
Enhance the value, popularity, and appeal of your products market
Your business and your products should be distinguished from the rest;
Access technical and business knowledge and other information;
Be aware of the dangers of using third-party proprietary content or losing important data, creative outputs, or any other output of your imagination.
Patents can transform an inventor’s information into a tradeable asset which opens new opportunities for employment creation and business expansion through licensing or joint ventures.
Investors in the commercialization and development of technology will appreciate small-scale businesses that have patent protection more appealing.
Patents can bring about new inventions and ideas. This information can promote the development of new ideas and may be eligible to be protected by patents.
Patents are a way to stop untrustworthy third-party companies from earning through the work of inventions.
Patent-protected technology revenues that are commercially profitable can be used to fund research and development (R&D), which increases the likelihood for better technology in the future.
Intellectual property ownership is a way to convince lenders and investors that there are legitimate chances to commercialize your product. Sometimes, a single patent can open the door to a variety of financing possibilities. Patents as well as other IP assets can be used as collateral or security for financing debt. You can also show investors your patent assets to boost company valuation. Forbes and others have noted that each patent could increase anywhere from $500,000 to 1 million dollars to your company’s valuation.
Start-ups require a well-crafted business plan that is built on the IP to show that your product or service is unique and superior or ingenuous. Investors will also be amazed if your IP rights are secured or in the process to being secured, and that they are in line with your business plan.
It is important to keep your invention secret until you submit a patent application for protection. The public disclosure of an invention can frequently devalue its originality and make it invalid. Thus, disclosures that are filed prior to filing (e.g., for test-marketing investors, test-marketing, or any other business partners) must only be done following the signing of a confidentiality agreement.
There are a variety of patents. Knowing them is essential for protecting your invention. Utility patents cover new processes and machine creations. Design patents cover ornamental designs. Patents for utility are the most effective because they shield the owner from copycats and competition. Patents for utility are usually granted to improve or alter existing inventions. Utility patents can also be used to enhance or alter existing inventions. For instance, a process patent will cover acts or methods of performing one specific thing, whereas a chemical composition will include a mixture of ingredients.
What is the typical length of patents? Patents for utility last for 20 years from the initial filing date, however, their expirations can be extended because of patent office delays for instance.
Are you looking to patent your ideas? Since patents are only granted for first-to-file applicants and you must start filing quickly. Call a patent attorney at PatentPC to patent your idea today!
When you’re writing your patent application, you should do an online patent search. the search will give you some insight into other people’s ideas. This allows you to restrict the extent of your invention. Furthermore, you’ll be aware of the current state of technology in your area of invention. You’ll have a better idea of what your invention should be and be better prepared to write the patent application.
How to Search for Patents
The first step to obtain the patent you want is to conduct a patent search. You can do a google patent search or do a USPTO search. Once the patent application has been filed, the product that is covered by the patent application could be described as patent-pending. you can locate the patent application online on the public pair. When the patent office has endorsed the patent application, you can do a patent number search to find the issued patent and your product is now patented. Alongside the USPTO search engine, you may also use other search engines like espacenet, as detailed below. You can get help from an attorney for patents. Patents granted in the United States are granted by the US trademark and patent office or the United States patent office. The office also examines trademark applications.
Interested in finding more similar patents? Here are the steps:
1. Brainstorm terms to describe your invention according to its function or composition.
Begin by writing down a brief, precise description of your idea. Do not use generic terms such as “device,” “process,” and “system.” Look for synonyms to the terms you picked initially. Also, make note of key technical terms and key words.
Use the questions below to help you identify keywords or concepts.
- What’s the purpose of this invention? Is it a utilitarian device or an ornamental design?
- Is the invention a way of making something or performing a function? Are you referring to an item?
- What is the structure of the invention? What is the physical makeup of the invention?
- What’s the purpose of the invention?
- What are technical terms and phrases that define the characteristics of an invention? To assist you in finding the right terms, refer to the technical dictionary.
2. Utilize these terms to locate relevant Cooperative Patent Classifications on the Classification Text Search Tool. If you’re unable to find the right classification for your invention, scan through the Schemas of classes (class schedules) and then try again. If you do not get results from the Classification Text Search, you might consider substituting your words for describing your invention with synonyms.
3. Go through the CPC Classification Definition for confirmation of the CPC classification you’ve found. The hyperlink to a CPC classification definition is available when the classification you have selected has a blue box that includes “D” on the left. CPC classification definitions can be used to identify the specific classification’s purpose and therefore you’re sure to select the most pertinent. The definitions could also contain some search tips or other recommendations that can be useful for further investigation.
4. Retrieve patent documents with the CPC classification from the Patents Full-Text and Image Database. By focusing on the abstracts and representative drawings, you can narrow down your search to the most relevant patent publications.
5. Utilize this list of most pertinent patent documents to look at each in detail for the similarities to your idea. Be sure to read the specification and claims. Refer to the applicant and patent examiner for any additional patents.
6. It is possible to find published patent applications that match the CPC classification you chose in Step 3. You can apply the same strategy of searching in Step 4 to narrow your results to the relevant patent application by examining the abstract as well as the illustrations on every page. Next, examine every patent application that has been published with care with particular attention paid to the claims, and other drawings.
7. You can search for other US patent publications by keyword searching in AppFT or PatFT databases, and classification searching of patents not from the United States in the following table. Additionally, you can utilize web search engines to find non-patent documents that describe inventions in the literature. For example:
- Add keywords to your search. Keyword searches may turn up documents that are not well-categorized or have missed classifications during Step 2. For example, US patent examiners often supplement their classification searches with keyword searches. Think about the use of technical engineering terminology rather than everyday words.
- Search for foreign patents using the CPC classification. Then, re-run the search using international patent office search engines such as Espacenet, the European Patent Office’s worldwide patent publication database of over 130 million patent publications. Other national databases include:
- European Patent Office (EPO) provides esp@cenet to access a network of Europe’s patent databases with access to machine translation of European patents.
- Japan Patent Office (JPO) – with access to machine translations of Japanese patents.
- World Intellectual Property Organization (WIPO) offers PATENTSCOPE with a full-text search of published international patent applications and machine translations for some documents, as well as a list of international patent databases.
- Korean Intellectual Property Rights Information Service (KIPRIS)
- State Intellectual Property Office (SIPO) with machine translation of Chinese patents.
- Other International Intellectual Property Offices with online patent databases include Australia, Canada, Denmark, Finland, France, Germany, Great Britain, India, Israel, Netherlands, Norway, Sweden, Switzerland, and Taiwan.
- Search non-patent literature. Inventions can be made public in many non-patent publications. It is recommended that you search journals, books, websites, technical catalogs, conference proceedings, and other print and electronic publications.
To review your search, you can hire a registered patent attorney to assist. A preliminary search will help one better prepare to talk about their invention and other related inventions with a professional patent attorney. In addition, the attorney will not spend too much time or money on patenting basics.