Financial ventures based on virtual credit
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Accused Products
Abstract
A method and system provides for the use of credit arrangements in simulated environments. A user can participate in credit transactions involving purchases of virtual products, virtual services, and virtual items of value. Feedback is provided to the user regarding results of the credit transactions. In some embodiments multiple users can make simulated purchases or incur simulated credit obligations that are posted to virtual accounts, and the multiple users can also make simulated compensation against balances due or obligations owed for said virtual accounts. The user is also provided with an opportunity of engaging in real-world financial transactions related to the virtual credit arrangement. In some implementations of the system and method, multiple players at different locations can use virtual charge accounts and/or real world financial accounts in connection with arranging or resolving a virtual credit transaction. One aspect enables a credit entity to participate in a virtual world environment with publicity and advertising in order to seek potential customers for credit transactions in the virtual world environment.
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Citations
71 Claims
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1-19. -19. (canceled)
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20. A computer program product comprising carrier media having one or more computer programs for executing a computer process, the computer process comprising:
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enabling a selected entity to seek potential customers for a virtual credit transaction involving a virtual world benefit, product or service in a virtual world environment;
providing an opportunity for the selected entity to implement an arrangement for the virtual credit transaction with one or more potential parties; and
maintaining a status record regarding a completed arrangement for the virtual credit transaction. - View Dependent Claims (21, 22, 23, 24, 25, 26, 43, 44, 45, 46, 47, 48, 49, 50)
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27. A computerized system for creating a virtual world credit business, comprising:
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computer apparatus including an application program to create a virtual world accessible by one or more players through a user interface;
a credit entity with a capability of participating in the virtual world, which credit entity implements a credit transaction wherein items of virtual value are provided by the credit entity to the one or more players based on a credit obligation; and
a database storage device linked to the virtual world that keeps a record of virtual credit transactions involving the credit entity and the one or more players. - View Dependent Claims (28, 29, 30, 31, 32, 34, 35, 36, 37, 38, 39, 40, 41, 42)
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33. (Canceled)
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51. A method for creating a virtual credit transaction, comprising:
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identifying a virtual world environment accessible to a selected entity capable of providing a virtual world credit service;
seeking a potential customer for a virtual world benefit, product, or service to be provided in the virtual world environment by the selected entity;
establishing credit terms for a virtual credit transaction involving such virtual world benefit, product, or service;
implementing a completed arrangement of the virtual credit transaction based on a credit obligation that includes a future commitment of remuneration or compensation owed to the selected entity; and
maintaining a status record regarding the completed arrangement of the virtual credit transaction. - View Dependent Claims (52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65)
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66. A system for virtual world credit transactions, comprising:
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computer apparatus including an application program to create a virtual world accessible through a user interface;
a virtual world entity capable of seeking potential customers for a credit transaction in the virtual world, wherein a virtual world benefit or product or service is offered by the virtual world entity based on a credit obligation owed to the virtual world entity; and
a record of a completed arrangement for the credit transaction. - View Dependent Claims (67, 68, 69, 70, 71)
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Specification