IP Library Patent Application 17502127
Patent Application
App. No. 17/502,127

Systems, Methods and Apparatuses to Facilitate Trade or Exchange of Virtual Real-Estate Associated With a Physical Space

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Quick Facts
Patent No.
US None
App. No.
17/502,127
Abstract

Systems, Methods and Apparatuses to facilitate trade or exchange of virtual real-estate associated with a physical space are disclosed. In one aspect, embodiments of the present disclosure include a method, which may be implemented on a system, to administer a marketplace for a virtual world component of an augmented reality environment. The method can further include identifying a unit of virtual real-estate to be traded and/or identify a unit of physical space in the real world which corresponds to the unit of virtual real-estate. An exchange mechanism can be established for trading the unit of virtual real-estate.

Claims (51)

1 . A machine-readable storage medium, having stored thereon instructions, which when executed by a processor, cause the processor to implement a method to index a physical location in the real world for an augmented reality environment, the method, comprising:

identifying fixed locations of the physical location in the real world to be indexed;

generating a first physical coordinate system for the fixed locations;

identifying relative locations of the physical location in the real world to be indexed;

wherein, the relative locations correspond to people or physical things that are movable in the real world;

generating a second physical coordinate system for the relative locations;

creating or defining boundaries for a physical place in the physical location with the first or second coordinate system;

assigning one or more digital real-estate locations to the physical place defined by the boundaries;

wherein the one or more digital real-estate locations exist in a virtual space usable to augment the real world in digital applications to facilitate and enable activities with respect to the physical location.

2 . The method of claim 1 , wherein:

depiction of the virtual space over a photorealistic rendering of the physical location forms an augmented reality environment of the physical place.

3 . The method of claim 1 , wherein:

the one or more digital real-estate locations, forms at least a portion of the virtual space which is digitally rendered over a representation the physical location.

4 . The method of claim 1 , wherein:

the virtual space is rendered such that, as observed by a human user, the virtual space appears to be visually superimposed over the representation of the physical location in the real world.

5 . The method of claim 1 , further comprising:

enabling users to define or specify boundaries of the physical location using the first or second coordinate systems.

6 . The method of claim 1 , further comprising, enabling exchange to be conducted with respect to the one or more digital real-estate locations of the virtual space.

7 . The method of claim 6 , wherein, the exchange to be conducted include change of control and access to the one or more virtual real-estate location.

8 . A system to facilitate trade or exchange of virtual real-estate via an augmented reality platform, the system, comprising:

a processor;

memory having stored having stored thereon instructions, which when executed by a processor, cause the processor to:

identify a unit of virtual real-estate to be traded;

identify a unit of physical space in the real world which corresponds to the unit of virtual real-estate;

enabling trading of control and access rights to the unit of virtual real-estate. the unit of virtual real-estate;

wherein:

the unit of virtual real-estate, forms at least a portion of a virtual space which is digitally rendered over a representation the physical space;

wherein:

depiction of the virtual space over a photorealistic rendering of the physical space forms an augmented reality environment of the physical place.

9 . The system of claim 8 , wherein:

the unit of physical space takes on 2D or 3D shape or form, or in the form of a dot.

10 . The system of claim 8 , wherein:

the virtual space is rendered such that, as observed by a human user, the virtual space appears to be visually superimposed over the representation of the physical place in the real world.

11 . The system of claim 8 , wherein:

placement of content in the augmented reality environment is controlled at least in part by a new controlling entity of the unit of the virtual real-estate determined via an outcome of the trading of the unit of virtual real estate.

12 . A method to facilitate trading of a virtual world component of an augmented reality environment corresponding to a physical location in the real world:

identifying fixed locations of a physical location in the real world to be indexed;

generating a first physical coordinate system for the fixed locations;

identifying relative locations of the physical location in the real world to be indexed;

wherein, the relative locations correspond to people or physical things that are movable in the real world;

generating a second physical coordinate system for the relative locations;

creating or defining boundaries for a physical place in the physical location with the first or second coordinate system;

assigning a virtual world component to the physical place defined by the boundaries;

wherein the virtual world component exist in a virtual space usable to augment the real world in digital applications to facilitate and enable activities with respect to the physical location;

in response to detecting specification of parameters of a physical space with which the virtual world component is associated, conduct trading of control and access rights to the virtual world component;

depicting a manifest of the virtual world component to one or more users of the augmented reality environment;

soliciting indications of interest in the trading from the one or more users in the augmented reality environment.

13 . The method of claim 12 , wherein, the manifest of the virtual world component includes, a first parameter indicia to identify parameters of a physical space with which the virtual world component is associated.

14 . The method of claim 12 , wherein, the manifest of the virtual world component includes, a second parameter indicia to specify a term which underpins the trading of control and access rights to the virtual world component.

15 . The method of claim 12 , further comprising,

designating a winner from the one or more users as a new holder of the control and access rights to the virtual world component.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 8, 2026
From: MAGICAL TECHNOLOGIES, LLC
To: ZAMBALA LLC
Reel/Frame 074887/0861 →