Influential Blockchain Patent – Market-based gaming platform – US10751628

U.S. Patent 10751628 was awarded on August 25, 2020 and is entitled “Market-based gaming platform.” The first named inventor is Assaf Packin of Brooklyn, NY. The abstract contains an overview of the patent disclosure:

A method is disclosed for provisioning a market-based game on a blockchain platform comprising: allocating, on the blockchain platform, a plurality of non-fungible tokens, each non-fungible token representing a different real-life entity in a pool of real-life entities; for each of the plurality of non-fungible tokens, allocating, on the blockchain platform, one or more corresponding fungible tokens that represent shares in the non-fungible token; allocating, on the blockchain platform, pool-management logic; allocating, on the blockchain platform, entity-management logic; and replenishing the pool-specific award by transferring the pool-specific award to a wallet that is associated with the pool of real-life entities for further distribution by the pool-management logic and the entity-management logic. Link to Full Patent

This blockchain patent was originally filed on July 31, 2018  as U.S. Patent Application 16/050925 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10751628. The primary examiner was William H McCulloch, Jr..

This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.