View source for 20240046755. NON-FUNGIBLE TOKENS IN GAMING simplified abstract (IGT)

=NON-FUNGIBLE TOKENS IN GAMING=


==Organization Name==

[[:Category:IGT|IGT]]


[[Category:IGT]]

==Inventor(s)==

[[:Category:Dwayne R. Nelson of Las Vegas NV (US)|Dwayne R. Nelson of Las Vegas NV (US)]][[Category:Dwayne R. Nelson of Las Vegas NV (US)]]

[[:Category:Kevin Higgins of Reno NV (US)|Kevin Higgins of Reno NV (US)]][[Category:Kevin Higgins of Reno NV (US)]]

[[:Category:Ethan Edsall of Sparks NV (US)|Ethan Edsall of Sparks NV (US)]][[Category:Ethan Edsall of Sparks NV (US)]]

==NON-FUNGIBLE TOKENS IN GAMING - A simplified explanation of the abstract==


This abstract first appeared for US patent application 20240046755 titled 'NON-FUNGIBLE TOKENS IN GAMING

==Simplified Explanation==

The patent application describes systems and methods that provide non-fungible tokens to a player in addition to any awards given during a game.

* The innovation provides zero, one, or more non-fungible tokens to a player during gameplay.
* The non-fungible tokens are given in addition to any other awards or prizes received by the player.
* The system and methods are designed to enhance the player's experience and engagement with the game.
* The non-fungible tokens may have unique attributes, characteristics, or values that make them valuable or desirable.
* The tokens can be collected, traded, or used in various ways within the game or in external platforms.
* The technology ensures that players receive non-fungible tokens as part of their gameplay experience.

Potential Applications:
* Gaming industry: This technology can be applied in various types of games, including video games, online games, and mobile games, to provide additional rewards and incentives to players.
* Collectibles market: The non-fungible tokens can be traded or sold in the collectibles market, creating a new avenue for players to monetize their in-game achievements.
* Virtual economies: The tokens can be used as a form of currency within virtual economies, allowing players to purchase virtual goods or services.

Problems Solved:
* Lack of player engagement: By providing non-fungible tokens, players are incentivized to continue playing the game and strive for achievements.
* Monetization of in-game achievements: The technology allows players to monetize their in-game accomplishments by trading or selling the non-fungible tokens.
* Enhancing the value of virtual goods: The tokens add value to virtual goods within the game, creating a more vibrant and active virtual economy.

Benefits:
* Increased player retention: The addition of non-fungible tokens provides an extra layer of motivation for players to continue playing the game.
* Enhanced player experience: The tokens add a sense of collectibility and uniqueness to the gameplay, making it more enjoyable for players.
* Monetization opportunities: Players can potentially earn real-world value by trading or selling the non-fungible tokens they acquire during gameplay.


==Original Abstract Submitted==

systems and methods that provides zero, one or more non-fungible tokens to a player in addition to any awards provided to that player in association with a play of a game.



[[Category:G07F17/32]]