Target Brands, Inc. (20240242255). METHOD AND SYSTEM OF PROVIDING METAVERSE DIGITAL ASSET BASED ON RETAILER DESIRED PURCHASE, PARTICIPATION OR ACTION simplified abstract
METHOD AND SYSTEM OF PROVIDING METAVERSE DIGITAL ASSET BASED ON RETAILER DESIRED PURCHASE, PARTICIPATION OR ACTION
Organization Name
Inventor(s)
John Blumenfeld of Minneapolis MN (US)
Corey Hadden of Minneapolis MN (US)
Harrison Lynch of Minneapolis MN (US)
METHOD AND SYSTEM OF PROVIDING METAVERSE DIGITAL ASSET BASED ON RETAILER DESIRED PURCHASE, PARTICIPATION OR ACTION - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240242255 titled 'METHOD AND SYSTEM OF PROVIDING METAVERSE DIGITAL ASSET BASED ON RETAILER DESIRED PURCHASE, PARTICIPATION OR ACTION
The abstract describes a method for providing a metaverse digital asset to a guest upon at least partial completion of a retailer desired purchase, participation, or action. The retailer online service identifies the guest's progress, confirms completion, obtains a digital asset key, and provides it to the guest for use in the metaverse platform.
- Retailer online service tracks guest's progress in completing desired purchase, participation, or action
- Digital asset key associated with the retailer's offering is obtained
- Digital asset key is provided to the guest for use in the metaverse platform
- Method bridges the gap between online retail and metaverse experiences
- Enhances guest engagement and loyalty through digital assets
Potential Applications: - Enhancing customer experience in online retail - Driving engagement and participation in metaverse platforms - Creating a seamless transition between online and virtual experiences
Problems Solved: - Encouraging completion of desired actions by guests - Providing a tangible reward for online interactions - Increasing guest retention and loyalty
Benefits: - Improved customer satisfaction and engagement - Increased brand loyalty and awareness - Seamless integration of online and virtual experiences
Commercial Applications: Title: "Enhancing Customer Engagement Through Metaverse Digital Assets" This technology can be utilized by online retailers, metaverse platforms, and brands looking to enhance customer engagement and loyalty through digital assets. It has the potential to drive sales, increase brand awareness, and create a unique customer experience.
Questions about the technology: 1. How does this method benefit both online retailers and guests? - This method benefits online retailers by increasing customer engagement and loyalty, while guests receive tangible rewards for their interactions. 2. What are the potential long-term implications of integrating digital assets into the metaverse platform? - Integrating digital assets can lead to increased guest retention, brand loyalty, and overall customer satisfaction in the long term.
Original Abstract Submitted
a method for providing a metaverse digital asset for use with a metaverse platform upon at least partial completion of a retailer desired purchase, participation or action. the method includes a retailer online service identifying that a guest has at least partially completed the retailer desired purchase, participation or action. an order tracking api of the retailer online service confirms that the retailer desired purchase, participation or action has been at least partially completed. a digital asset key api of the retailer online service obtains a digital asset key associated with the retailer desired purchase, participation or action. upon confirmation that the retailer desired purchase, participation or action has been at least partially completed, the retailer online service provides the digital asset key to the guest. the digital asset key is configured to be used in the metaverse platform to redeem the metaverse digital asset.
