Patent ID: 11872496
Assignee: MYTHICAL, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC A  G | IPC A  G

Claim 0:
1. A method for controlling distributions by an automated electronic networked central clearinghouse when clearing and reversing reversible exchanges of digital assets, wherein the digital assets are usable within a game, and wherein an instance of the game is executed within an online gaming platform, the method comprising:
receiving an exchange request that indicates a first user offers a first digital asset for a reversible exchange on a fiat-currency-based online exchange platform, wherein the first user interacts with the online gaming platform, wherein the first digital asset is usable within the online gaming platform;
accessing a decentralized database to obtain a first set of asset-specific distribution rights for the first digital asset, wherein the first set of asset-specific distribution rights
(i) is recorded on the decentralized database, and
(ii) includes rights for one or more stakeholders of the online gaming platform and/or the automated electronic networked central clearinghouse;

determining expected benefits pursuant to the reversible exchange of the first digital asset, based on the first set of asset-specific distribution rights for the first digital asset;
transferring a notification to the first user pertaining to the expected benefits;
generating publication information of the first digital asset for publication on the fiat-currency-based online exchange platform, wherein the publication offers the first digital asset for the reversible exchange on the fiat-currency-based online exchange platform;
receiving, from the fiat-currency-based online exchange platform, exchange information regarding the reversible exchange of the first digital asset for a benefit, wherein the benefit represents an amount of fiat currency that is received by the fiat-currency-based online exchange platform from an exchanging user;
receiving, from the fiat-currency-based online exchange platform, the benefit, by the automated electronic networked central clearinghouse;
accessing the decentralized database to obtain a second set of asset-specific distribution rights for the first digital asset, wherein the second set of asset-specific distribution rights includes rights for
(i) a second user, and
(ii) one or more stakeholders of the online gaming platform and/or the automated electronic networked central clearinghouse;

temporarily transferring the ownership of the first digital asset to the exchanging user, such that the recorded rights on the decentralized database no longer reflect the ownership of the first digital asset by the first user;
monitoring whether the exchanging user requests a reversal of the reversible exchange;
monitoring whether the exchanging user disclaims a right to request the reversal of the reversible exchange;
monitoring whether the exchanging user constructively disclaims the right to request the reversal of the reversible exchange through one or more in-game actions within the online gaming platform that damage and/or diminish the first digital asset;
making a determination, based on the monitoring during a waiting period, whether to reverse the reversible exchange;
responsive to the determination indicating the reversal of the reversible exchange, transferring the ownership of the first digital asset to the first user, such that the recorded rights on the decentralized database reflect the ownership of the first digital asset by the first user; and
responsive to the determination indicating no reversal of the reversible exchange, clearing the reversible exchange by
(i) non-temporarily transferring the ownership of the first digital asset to the exchanging user, such that the recorded rights on the decentralized database reflect the ownership of the first digital asset by the exchanging user, and further by
(ii) distributing a first part of the benefit to the first user, a second part of the benefit to the second user in accordance with the second set of asset-specific distribution rights, and a third part of the benefit to the one or more stakeholders of the online gaming platform and/or the automated electronic networked central clearinghouse in accordance with the second set of asset-specific distribution rights.