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US 2015/0032234 A1Published application
System for trading player units associated with a portfolio of player units
OwnerMitchell Winston Bihuniakinventor
Life of this patent
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Abstract
Systems and methods for trading player units of a portfolio of player units are described herein based in part on granting a user access to a user account based on registration data associated with the user whereby the registration data corresponds to at least one registration guideline in accordance with a league comprising one or more user. In an aspect, the user is enabled to purchase a player unit representing an athlete from the market or the one or more user in accordance with a purchase price that represents a quantity of the at least one virtual currency unit whereby the purchase price is based on at least one of: a market rate, a bid price, a demand price, athlete statistical performance or a custom price;
Claims20
A system comprising:
- a memory having stored thereon computer executable components;
- and
- a processor, communicatively coupled to the memory, that executes or facilitates execution of one or more computer-executable components, the computer-executable components, comprising:
- a registration component that grants a user access to a user account based on registration data associated with the user whereby the registration data corresponds to at least one registration guideline in accordance with a league comprising one or more user;
- an assignment component that assigns at least one virtual currency unit to the user account based on a predefined rule or the at least one registration guideline;
- a drafting component that enables the user to purchase a player unit representing an athlete from the market or the one or more user in accordance with a purchase price that represents a quantity of the at least one virtual currency unit whereby the purchase price is based on at least one of:
- a market rate, a bid price, a demand price, athlete statistical performance or a custom price;
- a selling component that enables the user to sell a player unit representing an athlete to the market or the one or more user in accordance with a sale price that represents a quantity of the at least one virtual currency unit whereby the purchase price is based on at least one of:
- a market rate, an ask price, athlete statistical performance or a custom price;
- a scoring component that assigns a score to a user portfolio associated with the user account whereby the user portfolio is comprised of one or more purchased player units and the assigned score is based on the value of the user portfolio as a function of at least one of:
- a total portfolio value, a total portfolio gain, a total percentage gain, a total portfolio loss, or a total percentage loss corresponding to a respective user account;
- and
- a ranking component that ranks the user account associated with a respective user based on the scoring.
10 more elements
The method, comprising:
- using a processor to execute the following computer executable instructions stored in a memory to perform the following acts:
- granting a user access to a user account based on registration data associated with the user whereby the registration data corresponds to at least one registration guideline in accordance with a league comprising one or more user;
- assigning at least one virtual currency unit to the user account based on a predefined rule or the at least one registration guideline;
- enabling the user to purchase a player unit representing an athlete from the market or the one or more user in accordance with a purchase price that represents a quantity of the at least one virtual currency unit whereby the purchase price is based on at least one of:
- a market rate, a bid price, a demand price, athlete statistical performance or a custom price;
- enabling the user to sell a player unit representing an athlete to the market or the one or more user in accordance with a sale price that represents a quantity of the at least one virtual currency unit whereby the purchase price is based on at least one of:
- a market rate, an ask price, athlete statistical performance or a custom price;
- a scoring component that assigns a score to a user portfolio associated with the user account whereby the user portfolio is comprised of one or more purchased player units and the assigned score is based on the value of the user portfolio as a function of at least one of:
- a total portfolio value, a total portfolio gain, a total percentage gain, a total portfolio loss, or a total percentage loss corresponding to a respective user account;
- and
- a ranking component that ranks the user account associated with a respective user based on the scoring.
8 more elements
Dependencies are inferred from the claim text.