NFT Stacking System for Gaming Wallet Management
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Solution Overview
Problem
Current gaming devices and Electronic Gaming Machines (EGMs) managed in large computational networks face challenges such as network downtime, operational costs, and maintenance, which are exacerbated by offering monetary rewards to players.
Innovation Solution
A gaming system that facilitates the acquisition and stacking of Non-Fungible Tokens (NFTs), allowing players to redeem earned NFTs, stack them with existing NFTs in their digital wallet, and combine them into higher-tier NFTs, providing new gameplay features and rewards.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If monetary rewards are offered to players of gaming devices and EGMs, then player motivation is improved, but operational costs and network complexity increase
Solution Approach 1:
The patent uses NFTs as digital copies or representations of game assets, rewards, and collectibles that can be traded and stacked without requiring physical delivery or complex monetary transactions. This reduces operational costs while maintaining player engagement through virtual asset accumulation.
2Adaptability or versatility
If multiple low-value NFTs are distributed to players, then player engagement is improved, but marketplace flooding occurs
Solution Approach 1:
The patent implements a stacking mechanism where multiple identical or complementary NFTs can be combined to create a single higher-tier NFT with enhanced value and attributes. This consolidates multiple low-value tokens into fewer high-value tokens, reducing marketplace flooding while maintaining player engagement through progressive collection and combination goals.
3Adaptability or versatility
If players accumulate multiple NFTs in their digital wallet, then collection value is improved, but wallet management complexity increases
Solution Approach 1:
The stacking feature automatically combines identical NFTs held by players, reducing the number of individual tokens they need to manage. Instead of tracking dozens of separate low-tier NFTs, players see consolidated representations that reflect their total collection value and potential for further stacking, significantly simplifying wallet management while preserving collection value.
4Ease of operation
If NFT stacking is enabled to consolidate low-value NFTs, then wallet management is simplified, but loss of individual NFT value occurs
Solution Approach 1:
The stacking mechanism transforms the value parameters of NFTs by combining multiple units into a higher-tier configuration. Rather than losing value, players gain access to new attributes, rarity levels, and functionality associated with stacked NFTs. The system recalculates value based on the combined properties, ensuring that the total value increases or is maintained while simplifying management.
Data Source
AI summary
A networked computer system for enabling players of a gaming device to collect and stack Non-Fungible Tokens (NFTs). Computational power of the networked computer system is also leveraged to support the recordation of NFT transactions, including the acquisition of NFT transactions and the transfer of NFTs.