Patents by Inventor Advershares LLC

Advershares LLC has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20130110599
    Abstract: A method for administering a rewards program including receiving information relating to a purchase transaction between a purchaser and a seller, the information including at least a purchase amount, an identity of the purchaser and an identity of the seller. The method includes calculating or receiving information relating to a shared price concession, wherein the shared price concession is a portion of the purchase price, wherein the seller receives or retains the purchase amount less the shared price concession. The method further includes applying a first predetermined percentage to the shared price concession to determine a first portion thereof to be distributed to the purchaser and applying a second predetermined percentage to the shared price concession to determine a second portion thereof to be distributed to a referrer of the purchaser.
    Type: Application
    Filed: November 2, 2012
    Publication date: May 2, 2013
    Applicant: ADVERSHARES LLC
    Inventor: Advershares LLC