Abstract: A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, executing a loan process workflow that includes a series of loan process workflow stages that are defined in a set of system-level governance documents, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.

Abstract: A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, managing a loan negotiation stage, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.

Abstract: According to some embodiments, a method for awarding pre-minted NFTs using a crafting recipe is disclosed. The method includes receiving a crafting request that indicates a set of owned NFTs that are owned by a user, wherein each owned NFTs indicates a type of the owned NFT. The method includes determining a crafting recipe that is implicated by the set of owned NFTs indicated in the crafting request and determining a specified type of NFT based on the crafting recipe. When the specified type of NFT is a pre-minted NFT, the method includes randomly selecting a crafted NFT from a set of pre-minted NFTs of the specified type. When the specified type of NFT were not pre-minted, the method includes minting the crafted NFT. The method further includes assigning the crafted NFT to a user account of the user on the distributed ledger.

Abstract: According to some embodiments, a method for awarding non-fungible tokens (NFT) is disclosed. The method includes executing a crafting smart contract that includes different crafting recipes that each respectively define a combination of types of NFTs and an amount of each of the NFTs that trigger the awarding of a new NFT of a different type the user account. The method includes receiving a crafting request indicating a set of owned NFTs and determining a crafting recipe implicated by the owned NFTs, the crafting recipe defining multiple types of NFTs that can be awarded from the crafting recipe and a respective probability of awarding each type of NFT. The method includes randomly determining a specified type of NFT based on the crafting recipe based on the probabilities. The method includes crafting a new NFT of the specified type and assigning the new NFT to an account of the user.

Abstract: In some embodiments, a method for unboxing digital trading card packs is disclosed. The method includes executing an unboxing smart contract that awards N NFTs to users. The unboxing smart contract includes an unboxing recipe that defines probabilities of winning different types of NFTs. In response to receiving a request to unbox a digital pack, the smart contract randomly determines N unique NFTs to award the user using the unboxing recipe. In some cases, the unboxing smart contract update the unboxing recipe based on analytics data associated with the NFT collection, such that subsequent digital packs are unboxed using the updated unboxing recipe.

Abstract: According to some embodiments, a method for awarding non-fungible tokens (NFT) is disclosed. The method includes executing a crafting smart contract that includes different crafting recipes that each respectively define a combination of one or more types of NFTs and an amount of each of the NFTs that, when received by the crafting smart contract from a user account, trigger the awarding of a new NFT of a different type the user account. The method includes receiving a crafting request indicating a set of owned NFTs that are owned by a user. The method includes determining a specified type of NFT based on the set of owned NFTs indicated in the request and a crafting recipe corresponding to the owned NFTs. The method includes crafting a new NFT of the specified type and assigning the new NFT to an account of the user.

Abstract: A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, managing distributed appraisal of the collateral item, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.

Abstract: The present disclosure includes methods for authenticating items in part of a tokenization workflow. In embodiments, the method includes receiving a photograph of, and information relating to, an item, and generating a virtual representation of the item. The item may be authenticated by making an authentication request via a portal to subject-matter authentication experts, wherein the portal displays the virtual representation of the item in the portal. An authentication report may be received from the experts, and a non-fungible digital token having a unique token identifier may be generated. The non-fungible token may be cryptographically linked to the virtual representation of the item on a cryptographic ledger and ownership data of the non-fungible token is updated to associate an account of an owner of the item with the digital token on the cryptographic ledger.

Abstract: In embodiments of the disclosure a method is disclosed for exchanging digital tokens from a message-based application is disclosed. The method includes displaying, by a digital wallet GUI, an inventory of tokens that are owned by a user. Each token is linked to a virtual representation of an item and redeemable for an instance of the item. The method also includes receiving an instruction to transfer a digital token from the inventory of tokens to a recipient, receiving a selection of a media content, and embedding a token identifier of the token in an electronic message that is sent to the recipient, such that the recipient can select the selectable media content to accept to the digital token into a respective account of the recipient.

Abstract: A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process includes tokenizing and locking a collateral token that tokenizes the collateral item, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token. Locking the collateral token is facilitated by use of a distributed ledger with a plurality of accounts including a user account and a locked collateral token escrow account.

Abstract: In embodiments of the present invention, methods are provided for receiving a photograph of, and information relating to, an item, and generating a virtual representation of the item. The item may be authenticated by making an authentication request via a portal to subject-matter authentication experts, wherein the portal displays the virtual representation of the item in the portal. An authentication report may be received from the experts, and a non-fungible digital token having a unique token identifier may be generated. The non-fungible token may be cryptographically linked to the virtual representation of the item on a cryptographic ledger and ownership data of the non-fungible token associated with an account of an owner of the item on the cryptographic ledger.

Abstract: In embodiments of the disclosure a method is disclosed for exchanging digital tokens from a message-based application is disclosed. The method includes displaying, by a digital wallet GUI, an inventory of tokens that are owned by a user. Each token is linked to a virtual representation of an item and redeemable for an instance of the item. The method also includes receiving an instruction to transfer a digital token from the inventory of tokens to a recipient and displaying a keyboard that includes a selectable media content that represents the item linked to the token. The method also includes receiving a selection of the media content and embedding a token identifier of the token in a text-based message that is sent to the recipient, such that the recipient can select the selectable media content to accept to the digital token into a respective digital wallet of the recipient.

Abstract: In embodiments, a method for facilitating token-based transactions for real-world items in video games using digital tokens is disclosed. The method includes receiving, by the video game instance, an in-game advertisement from a video game integration system, wherein the in-game advertisement is an advertisement to transact for an advertised real-world item represented by an advertised digital token generated by the tokenization platform and includes a visual indicum corresponding to the digital token. The method also includes presenting, by the video game, the electronic in-game advertisement to the user via a display device of the user device and facilitating a transaction by the user for the advertised real-world item. The method also includes transmitting, via the video game, a request to the video game integration system requesting updating of ownership data of the advertised digital token to reflect that the user is the respective owner of the advertised digital token.

Abstract: A method for integrating real-world items into video games is disclosed. The method includes receiving, by a video game instance, a digital token corresponding to a real-world item from a video game integration system, the digital token being linked with the item and corresponding to an in-game benefit that is provided to an owner of the token. The method also includes facilitating, by the video game instance, a transaction by the user for the item the video game, wherein in response to the user transacting for the item, ownership data of the digital token is updated on a cryptographic ledger to assign ownership of the digital token to the user. The method also includes conferring, by the video game instance, the in-game benefit to the user in the video game and revoking the in-game benefit in response to the digital token no longer being assigned to the user.

Abstract: A system for integrating real-world items into video games is disclosed. The system is configured to generate a digital token that is cryptographically linked to an item identifier of a real-world item and to write the token to a cryptographic ledger, wherein the token corresponds to an in-game benefit in a video game that is unlocked for an owner of the token. The system includes a video game integration system that receives a request from an instance of the video game, wherein the request is indicative of the user and requests eligible digital tokens owned by the user; accesses the account of the user on the blockchain using a public address of the user to verify that the user is the owner of the digital token; and serves the digital token to the instance of a video game that unlocks the in-game benefit in response to receiving the token.

Abstract: A system for facilitating transactions for real-world items in video games using digital tokens is disclosed. The system is configured to generate a digital token and cryptographically link the digital token to on a blockchain to facilitate transactions for the item using the blockchain. The system includes a video game integration system that serves an electronic advertisement corresponding to the real-world item to a video game that includes a visual indicum of the token; receives a notification indicating that a user has transacted for the real-world item via the video game; and initiates an assignment of the digital token to an account of the user on the blockchain, such that ownership data of the digital token is updated to reflect that the user is an owner of the digital token, such that the user may redeem the token to take possession of the item.

Abstract: A system for awarding prizes to users via an electronic game of chance is disclosed. The system is configured to generate digital tokens that are cryptographically linked to respective virtual representations of a set of winnable items. The system further includes a mystery box system that is configured to serve a mystery box game to a client device, wherein the mystery box game includes a mystery box recipe that designates a respective probability of winning each winnable digital token of the set of digital tokens and is configured to randomly select a winning digital token from the set of digital tokens in accordance with the mystery box recipe. The mystery box system is further configured to award the winning digital token to the user, wherein the winning digital token is redeemable for the respective winnable item corresponding to the winning digital token.

Abstract: A method for awarding prizes to users via an electronic game of chance is disclosed. The method includes executing, by a gaming device, a mystery game that includes a recipe that defines a respective probability corresponding to each respective winnable token and a manner by which a winning digital token is randomly selected. The method also includes randomly selecting the winning digital token from the set of winnable digital tokens based on the mystery box recipe, wherein the winning digital token is redeemable for a corresponding winnable item that is represented by the winning token. The method includes awarding the winning digital token to user, wherein the winning token is redeemable for the won item. The method includes upon selecting the winning digital token, transmitting a signal indicative of winning token to a mystery box system that initiates a transfer of the winning token to an account of the user.

Abstract: In embodiments, a tokenization platform that performs risk management functions is disclosed. In embodiments, the system includes a token generation system that generates digital tokens that are cryptographically linked with a virtual representation of an item being offered for sale by a seller. The system also includes a risk management system that determines a risk score associated with the seller and applies a set of conditions to a set of digital tokens that define one or more conditions that must be met to list the item for sale based on the risk score. The system also includes a marketplace system that provides a marketplace interface that allows a user to purchase the item in response to determining that the set of conditions are met by the seller and initiates an assignment of the digital token to an account of the user in response to the user transacting for the item.

Abstract: A tokenization system that facilitates token-based trades of items is disclosed. The system includes a token generation system that generates digital tokens that are cryptographically linked to respective item identifiers of respective items. The system includes a ledger update system that writes the digital tokens to a cryptographic ledger and updates ownership data thereof to reflect respective owners of the digital tokens. The system also includes a trading system that facilitates non-monetary exchange of the items using the digital tokens, whereby a transfer system initiates a transfer of a second digital token to a first account of a first user and a second transfer of a first digital token to a second account of a second user on the cryptographic ledger in response to the trading system facilitating a trade of the first item and the second item between the first and second user.