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Security arrangements for virtual world obligations

  • US 20080133392A1
  • Filed: 10/29/2007
  • Published: 06/05/2008
  • Est. Priority Date: 02/04/2005
  • Status: Abandoned Application
First Claim
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1. A method of arranging a virtual world transaction, comprising:

  • identifying an obligation arising in a virtual world environment;

    confirming something of virtual value is available to be collateral during a period prior to a satisfactory completion or resolution of the obligation;

    helping to safeguard the collateral against an unacceptable change in status; and

    allowing implementation of an arrangement to designate the collateral as security to help assure satisfactory completion or resolution of the obligation, wherein non-compliance with the obligation may result in possible relinquishment of the collateral.

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