This month's Monetization & Business Models category includes 2 filed patent applications from Atlas Reality and Mastercard Asia/Pacific, with 1 patent each.
Mastercard Asia/Pacific filed a patent for a blockchain-based system that processes fractional currency microtransactions across Web3 and metaverse platforms using traditional payment interfaces. Atlas Reality's application describes a system for applying cryptographic assets to video game progression, allowing players to retain ownership of in-game items even after game servers shut down.
Mastercard Asia/Pacific filed 1 patent that converts traditional payment methods into blockchain smart contracts while keeping transactions denominated in fiat currency. The system processes fractional payments across different Web3 and metaverse platforms without exposing users to cryptocurrency volatility or requiring them to understand blockchain interfaces. It creates interoperability between platforms without locking funds into platform-specific tokens.
Atlas Reality received 1 patent for a hybrid system that combines blockchain ownership with conventional video game monetization models. The technology applies cryptographic assets to functional in-game items that contribute to player progression rather than serving as pure collectibles. Players can retain ownership of these items beyond the lifespan of individual game servers, bridging the gap between NFT ownership models and traditional content purchase or in-app purchase systems.