20240033639. COLLECTING COUPON NFT VIA A CLIENT DEVICE AND METHODS FOR USE THEREWITH simplified abstract (Galiant Arts, LLC)

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COLLECTING COUPON NFT VIA A CLIENT DEVICE AND METHODS FOR USE THEREWITH

Organization Name

Galiant Arts, LLC

Inventor(s)

Mark Meyers of Austin TX (US)

Bruce E. Stuckman of Austin TX (US)

John W. Howard of Cedar Park TX (US)

Brian G. Howard of Austin TX (US)

Gregory Meador of Austin TX (US)

COLLECTING COUPON NFT VIA A CLIENT DEVICE AND METHODS FOR USE THEREWITH - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240033639 titled 'COLLECTING COUPON NFT VIA A CLIENT DEVICE AND METHODS FOR USE THEREWITH

Simplified Explanation

The patent application describes a client device that can read an optical code associated with a coupon and download a coupon NFT (non-fungible token) from an NFT distribution platform. The downloaded coupon NFT is then stored in a user's wallet associated with the client device.

  • The client device reads an optical code linked to a coupon.
  • In response to reading the optical code, the client device sends a request to download a coupon NFT from an NFT distribution platform.
  • The client device downloads the coupon NFT associated with the coupon from the NFT distribution platform.
  • The downloaded coupon NFT is stored in a user's wallet, which is connected to the client device.

Potential Applications:

  • Digital coupon distribution and redemption: This technology can be used to distribute and redeem digital coupons through optical codes and NFTs, eliminating the need for physical coupons.
  • Loyalty programs: The client device can store and manage loyalty program NFTs, allowing users to easily access and redeem their rewards.
  • Mobile marketing campaigns: Marketers can utilize this technology to create interactive and trackable mobile marketing campaigns using NFT-based coupons.

Problems Solved:

  • Elimination of physical coupons: This technology eliminates the need for physical coupons, reducing paper waste and making coupon distribution and redemption more convenient.
  • Improved security: By using NFTs, the system can provide enhanced security measures to prevent coupon fraud and counterfeiting.
  • Simplified coupon management: Users can easily manage and access their coupons through their digital wallets, eliminating the need to carry physical coupons.

Benefits:

  • Convenience: Users can easily access and redeem their coupons through their mobile devices, eliminating the need to carry physical coupons.
  • Enhanced tracking and analytics: The use of NFTs allows for better tracking and analytics of coupon usage, providing valuable insights for marketers.
  • Reduced costs and environmental impact: By eliminating physical coupons, this technology reduces printing and distribution costs, as well as paper waste.


Original Abstract Submitted

a client device operates by: reading an optical code associated with a coupon; sending, in response to reading the optical code, a request to download a coupon nft associated with the coupon from an nft distribution platform; downloading from the nft distribution platform, via the client device, the coupon nft associated with the coupon; and storing the coupon nft in a wallet associated with a user of the client device.

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