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US 2014/0372188 A1Published application
Looped incentive commerce system
OwnerRobert Desideriinventor
Life of this patent
Estimating the term…
Abstract
A native virtual currency is awarded to parties of the system, for example potential customers of commercial parties, for use in commerce. The awarding entity, the system, itself accepts native virtual currency toward payment for system services provided to members, for example advertising a party's willingness to accept a native virtual currency in transactions and other commerce related services.
Claims16
A method performed by a computer system, the method comprising:
- electronically
- (i) promulgating commerce on behalf of at least one promoter member,
- (ii) electronically distributing at least one native virtual currency to system members on behalf of the system,
- (iii) enabling transacting amongst system members using said native virtual currency, and
- (iv) accepting compensation in said native virtual currency from said at least one promoter member for promulgating commerce per step (i).
2 more elements
An electronic processing system including one or more processors and adapted to execute programming that, electronically,
- (i) promulgates commerce on behalf of at least one promoter member,
- (ii) electronically distributes at least one native virtual currency to system members on behalf of the system,
- (iii) enables transacting amongst system members using said native virtual currency, and
- (iv) accepts compensation in said native virtual currency from said at least one promoter member for promulgating commerce per step (i).
1 more element
Dependencies are inferred from the claim text.