Systems and/or methods for stock portfolio based competitive simulations

• US 9,511,284 B2
• Filed: 11/09/2015
• Issued: 12/06/2016
• Est. Priority Date: 02/16/2007
• Status: Active Grant

• Current Assignee: Global Simulation Markets Incorporated
• Original Assignee: Global Simulation Markets Incorporated
• Inventors: Johnson, Augustus C. Jr.
• Primary Examiner(s): Elisca, Pierre E
• Application Number:
  US14/935,855
• Publication Number:
  US 20160059123A1
• Time in Patent Office: 393 Days
• Field of Search: 463/31, 463/42, 463/5
• US Class Current: 1/1
• CPC Class Codes: A63F 13/00 Video games, i.e. games using an electronically generated display having two or more dimensions gaming systems which provide a financial reward G07F17/32
• CPC Class Codes: A63F 13/23 for interfacing with the game device, e.g. specific interfaces between game controller and console
• CPC Class Codes: A63F 13/44 involving timing of operations, e.g. performing an action within a time slot
• CPC Class Codes: A63F 13/795 for finding other players; for building a team; for providing a buddy list
• CPC Class Codes: A63F 13/798 for assessing skills or for ranking players, e.g. for generating a hall of fame computing the game score A63F13/46
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements

Abstract

The exemplary embodiments described herein relate to systems and/or methods for competitive simulations and, more particularly, to systems and/or methods in which users build stock portfolios that compete against each other, with the performance of each user'"'"'s stock portfolio being based on one or more stock market related metrics (e.g., price per share, market capitalization, volume of trade, etc.). A user'"'"'s portfolio may be formed and/or reformed so as to comply with certain predefined criteria (e.g., company traded on a particular exchange, company belonging to a particular market sector, etc.). The performance of each team/portfolio may be depicted using sports-related imagery (e.g., as teams on a football field, a basketball court, around a baseball diamond, etc.).

Claims

1. A computer system configured to facilitate a competitive simulation between at least two users, each said user having at least one associated team, the system comprising:

processing resources including at least one hardware processor and a memory coupled to the at least one hardware processor, the processing resources being configured to at least;

enable a plurality of teams to be built in response to user selections made through one or more respective user interfaces, each said team comprising a plurality of players assignable to the respective team in accordance with rules of the competitive simulation, each said player representing an asset having a marked-based value ascertainable using an software interface accessible by the computer system;

store, to a data store of the computer system, indications of the players on the built teams;

determine, using the software interface, how players assigned to the built teams perform, based at least in part on the respective players'"'"' marked-based values;

simulate performance of each said team based on how the players assigned to the respective teams perform, based at least in part on the respective players'"'"' marked-based values determined using the software interface; and

generate for display a ranking of the teams based on the simulated performance of each said team.

2. The system of claim 1, wherein the processing resources are further configured to at least facilitate the construction of a plurality of leagues, each said team being assignable to one said league.

3. The system of claim 2, wherein the processing resources are configured to generate for display the ranking based on input from a first user, the ranking showing only those teams that belong in the same league as the league to which the team associated the first user belongs.

4. The system of claim 3, wherein each said league has a set of defined rules specified, at least in part, by an authorized user thereof.

5. The system of claim 4, wherein the rules identify one or more exchanges from which players must be selected.

6. The system of claim 4, wherein the rules identify one or more industry sectors from which players must be selected.

7. The system of claim 1, wherein the marked-based values are stock prices.

8. The system of claim 1, wherein the ranking is based on aggregate team scores, each said team score representing the sum total of the absolute returns of each said player on the respective team.

9. The system of claim 1, wherein the players on each said team are changeable based on trades or sales of the players.

10. The system of claim 1, wherein the competitive simulation is set up to take place over a defined time period.

11. In a computer-mediated network environment comprising at least one computer, a computer-implemented method of facilitating a competitive simulation between at least two users, each said user having at least one associated team, the method comprising:

using processing resources of the computer-mediated network environment including at least one hardware processor and a memory coupled to the at least one hardware processor;

enabling a plurality of teams to be built in response to user selections made through one or more respective user interfaces, each said team comprising a plurality of players assignable to the respective team in accordance with predefined rules of the competitive simulation and in response to user input provided through the one or more respective user interfaces, each said player representing an asset having a marked-based value ascertainable using an application accessible by the computer system;

storing, to a data store of the computer system, indications of the players on the built teams;

determining, using the application, how players assigned to the built teams perform, based at least in part on the respective players'"'"' marked-based values;

simulating performance of each said team based on how the players assigned to the respective teams perform, based at least in part on the respective players'"'"' marked-based values determined using the application; and

generating for display a ranking of the teams based on the simulated performance of each said team.

12. The method of claim 11, further comprising facilitating the construction of a plurality of leagues, each said team being assignable to one said league.

13. The method of claim 12, further comprising generating for display the ranking based on input from a first user, the ranking showing only those teams that belong in the same league as the league to which the team associated the first user belongs.

14. The method of claim 13, wherein each said league has a set of defined rules specified, at least in part, by an authorized user thereof.

15. The method of claim 14, wherein the rules identify one or more exchanges from which players must be selected.

16. The method of claim 14, wherein the rules identify one or more industry sectors from which players must be selected.

17. The method of claim 11, wherein the marked-based values are stock prices.

18. The method of claim 11, wherein the ranking is based on aggregate team scores, each said team score representing the sum total of the absolute returns of each said player on the respective team.

19. The method of claim 11, wherein the players on each said team are changeable based on trades or sales of the players.

20. The method of claim 11, wherein the competitive simulation is set up to take place over a defined time period.