Golf systems and methods using digital assets
A method of providing benefits to owners of non-fungible tokens is provided. A minter of a non-fungible token corresponding to a digital asset can encourage or incentivize users of the non-fungible tokens to purchase additional non-fungible tokens, or perform transactions using a non-fungible token to receive benefits.
1. A method of managing digital assets, comprising:
providing a processor and a computing device associated with a first party, wherein the processor is configured to execute at least a portion of a computer program to receive customization inputs from a graphical user interface for customizing a first golf club;
storing, by the processor, an image based on the customization inputs;
generating a first digital asset;
adding a token representing ownership of the first digital asset to a distributed ledger;
transferring, in a first transaction, ownership of the first digital asset a first purchasing party;
transferring, in a second transaction, ownership of a second digital asset to the first purchasing party, the second digital asset including attributes of the first golf club, based on the customization inputs and including the image;
updating the first digital asset to include information about the second transaction;
confirming an ownership by the first purchasing party of the first and second digital assets; and
based on the ownership, providing a first benefit to the owner of the first digital asset,
wherein the first benefit depends on a property of the first digital asset, the second digital asset, or a combination of the first digital asset and the second digital asset.
2. The method of claim 1 , wherein the second transaction further includes transferring ownership of the first golf club to the first purchasing party.
3. The method of claim 2 , wherein the attributes of the first golf club include data about a manufacturing process used to produce the first golf club.
4. The method of claim 2 , wherein the attributes of the first golf club include information about a cosmetic design of the first golf club.
5. The method of claim 2 , further comprising providing the second digital asset to a video game application for use by the first purchasing party as a digital golf club.
6. The method of claim 5 , wherein a usage data associated with the digital golf club is associated to the second digital asset, and wherein a fourth benefit may be associated to the second digital asset based on the usage data.
7. The method of claim 1 , wherein the first digital asset includes information about a plurality of transactions.
8. The method of claim 7 , wherein a digital representation of a second benefit is added to the first digital asset based on a digital property of the first digital asset, the digital property including information for at least one transaction of the plurality of transactions.
9. The method of claim 1 , wherein the first benefit is one of access to a limited-edition product, a discount, an admission to an event, cosmetic customizations for a product, a third digital asset, or early access to a product.
10. The method of claim 1 , wherein the first purchasing party transfers ownership of the first digital asset to a second purchasing party.
11. The method of claim 1 , wherein a golf tournament performance data of the first purchasing party is associated to the first digital asset.
12. The method of claim 11 , wherein a third benefit is provided to the first purchasing party based on the golf tournament performance data.
13. The method of claim 1 , wherein the first benefit is a cosmetic customization for a physical golf club.