IP Library › Granted Patent US 12,229,766
Granted Patent B2
US 12,229,766 · App. 18/439,749 · Granted Feb 18, 2025

Cryptographic digital asset architecture with selectively-lockable dynamic evolution

Inventors: Christopher Andon (Portland, OR); Nikhil Gopalani (Dublin, OH); Chris Le Howard (Salt Lake City, UT); Samuel Lespes (Dubai, AE); Benoit Pagotto (Paris, FR); Steven Vasilev (Miami, FL)
Assignee: NIKE, Inc.
G06Q20/389G06Q20/3672G06Q20/3825
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Quick Facts
Patent No.
US 12,229,766
App. No.
18/439,749
Granted
Feb 18, 2025
Kind
B2
Abstract

A method of distributing geolocation-influenced digital collectables includes instructing the creation of a plurality of first cryptographic tokens representing digital assets with at least one attribute configured to evolve over time; receiving a request to lock the evolution of the digital asset; receiving an indication of a geolocation of the token holder at the time the request to lock is received; and generating, based at least in part on the geolocation, a second cryptographic token having at least one attribute derived from the evolutionary state of the digital asset defined by the first cryptographic token at the time the request to lock was received.

Claims (30)

1. A method of distributing geolocation-influenced digital collectables, the method comprising:

instructing the creation of a plurality of first cryptographic tokens representing digital assets with at least one attribute configured to evolve over time;

receiving, from a token holder of a cryptographic token of the plurality of first cryptographic tokens, a request to lock the evolution of the digital asset corresponding to the cryptographic token;

receiving an indication of a geolocation of the token holder at the time the request to lock is received; and

generating, based at least in part on the geolocation, a second cryptographic token having at least one attribute derived from the evolutionary state of the digital asset defined by the first cryptographic token at the time the request to lock was received.

2. The method of claim 1 , wherein the plurality of first cryptographic tokens are batch-minted cryptographic tokens (BMCTs) and the second cryptographic token is a unique cryptographic token (UCT).

3. The method of claim 1 , further comprising comparing the indication of a geolocation of the token holder to a predefined geofenced area and wherein the at least one attribute of the second cryptographic token is a first attribute if the geolocation of the token holder is within the geofenced area, and wherein the at least one attribute of the second cryptographic token is a second attribute if the geolocation of the token holder is outside of the geofenced area.

4. The method of claim 1 , wherein the geolocation of the token holder comprises a physical location in the real world.

5. The method of claim 1 , wherein the geolocation of the token holder comprises a location within a digital environment.

6. The method of claim 1 , wherein the geolocation influences the properties of the second cryptographic token by altering at least one of color, design, or utility based on the token holder's location.

7. The method of claim 1 , further comprising instructing the transfer of the second cryptographic token to a digital wallet of the token holder.

8. The method of claim 1 , wherein the indication of the geolocation of the token holder is received from a smart device associated with the token holder.

9. The method of claim 1 , wherein the digital asset represented by the first cryptographic token evolves in response to an external triggering event.

10. The method of claim 9 , further comprising receiving, from a blockchain oracle, an indication of the external triggering event.

11. The method of claim 1 , further comprising instructing burning of the first cryptographic token after generating the second cryptographic token.

12. A method of generating event-commemorative cryptographic tokens, comprising:

instructing the creation of a plurality of first cryptographic tokens representing digital assets;

receiving, from a token holder, a request to lock the digital asset defined by one of the first cryptographic tokens at a specific event;

verifying the token holder's presence at the event through geolocation data;

generating a second cryptographic token, based on the geolocation-verified presence, that commemorates the event, the second cryptographic token having at least one attribute that reflects the event.

13. The method of claim 12 , further comprising providing the token holder with the ability to request to lock the digital asset in response to an external triggering event.

14. The method of claim 13 , further comprising receiving an indication of the external triggering event from a blockchain oracle.

15. The method of claim 12 , further comprising instructing burning of the first cryptographic token after generating the second cryptographic token.

16. A method of generating geolocation-influenced cryptographic tokens comprising:

instructing the creation of a plurality of first cryptographic tokens representing digital assets configured to evolve through a plurality of evolutionary stages over time;

receiving, from a holder of one of the plurality of first cryptographic tokens, a request to lock the digital asset defined by the one of the plurality of first cryptographic tokens;

determining a geolocation of the token holder;

identifying a current evolutionary stage of the digital asset defined by the one of the plurality of first cryptographic tokens at the time the request was received;

generating a second cryptographic token having visual elements depicting geographic location specifics corresponding to the determined geolocation of the token holder and evolutionary stage specifics corresponding to the identified current evolutionary stage of the digital asset defined by the one of the plurality of first cryptographic tokens; and

instructing transfer of the generated second cryptographic token to the token holder.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 13, 2024
From: ANDON, CHRISTOPHER; GOPALANI, NIKHIL; HOWARD, CHRIS LE; LESPES, SAMUEL; PAGOTTO, BENOIT; VASILEV, STEVEN
To: NIKE, INC.
Reel/Frame 066447/0041 →
Continuity (3)
Continuation 18305308 · Apr 21, 2023
Provisional Application 63334082 · Apr 22, 2022
Related Publication 20240249282A1 · Jul 25, 2024
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