Patents by Inventor Payson Johnston

Payson Johnston 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).

  • Patent number: 11776025
    Abstract: A method, apparatus, and computer-readable medium for leveraging real-time sales volume for conducting group buys comprising initializing a sale of an item, the sale specifying a current price of the item which is calculated based on a current sales volume of the item and sales volume ranges, processing transactions with users for items at a purchase price equal to the current price when a purchase request is received from the corresponding user, terminating the sale of the item at a closing price when the current sales volume has reached a threshold or when a period of time has passed since the sale was initialized, and crediting accounts belonging to one or more users with an additional amount based at least in part on a difference between the closing price and the purchase price for each item for the corresponding user.
    Type: Grant
    Filed: July 26, 2021
    Date of Patent: October 3, 2023
    Assignee: AGORA INTELLIGENCE, INC.
    Inventors: Severo D'Souza, Patricia Frey, Payson Johnston, Shuo Zhang, Steven Lee
  • Publication number: 20220188887
    Abstract: A method, apparatus, and computer-readable medium for leveraging real-time sales volume for conducting group buys comprising initializing a sale of an item, the sale specifying a current price of the item which is calculated based on a current sales volume of the item and sales volume ranges, processing transactions with users for items at a purchase price equal to the current price when a purchase request is received from the corresponding user, terminating the sale of the item at a closing price when the current sales volume has reached a threshold or when a period of time has passed since the sale was initialized, and crediting accounts belonging to one or more users with an additional amount based at least in part on a difference between the closing price and the purchase price for each item for the corresponding user.
    Type: Application
    Filed: July 26, 2021
    Publication date: June 16, 2022
    Inventors: Severo D'Souza, Patricia Frey, Payson Johnston, Shuo Zhang, Steven Lee
  • Patent number: 11074631
    Abstract: A method, apparatus, and computer-readable medium for leveraging real-time sales volume for conducting group buys comprising initializing a sale of an item, the sale specifying a current price of the item which is calculated based on a current sales volume of the item and sales volume ranges, processing transactions with users for items at a purchase price equal to the current price when a purchase request is received from the corresponding user, terminating the sale of the item at a closing price when the current sales volume has reached a threshold or when a period of time has passed since the sale was initialized, and crediting accounts belonging to one or more users with an additional amount based at least in part on a difference between the closing price and the purchase price for each item for the corresponding user.
    Type: Grant
    Filed: March 11, 2020
    Date of Patent: July 27, 2021
    Assignee: AGORA INTELLIGENCE, INC.
    Inventors: Severo D'Souza, Patricia Frey, Payson Johnston, Shuo Zhang, Steven Lee
  • Publication number: 20210065266
    Abstract: A method, apparatus, and computer-readable medium for leveraging real-time sales volume for conducting group buys comprising initializing a sale of an item, the sale specifying a current price of the item which is calculated based on a current sales volume of the item and sales volume ranges, processing transactions with users for items at a purchase price equal to the current price when a purchase request is received from the corresponding user, terminating the sale of the item at a closing price when the current sales volume has reached a threshold or when a period of time has passed since the sale was initialized, and crediting accounts belonging to one or more users with an additional amount based at least in part on a difference between the closing price and the purchase price for each item for the corresponding user.
    Type: Application
    Filed: March 11, 2020
    Publication date: March 4, 2021
    Inventors: Severo D'Souza, Patricia Frey, Payson Johnston, Shuo Zhang, Steven Lee
  • Patent number: 10621638
    Abstract: A method, apparatus, and computer-readable medium for leveraging real-time sales volume for conducting group buys comprising initializing a sale of an item, the sale specifying a current price of the item which is calculated based on a current sales volume of the item and sales volume ranges, processing transactions with users for items at a purchase price equal to the current price when a purchase request is received from the corresponding user, terminating the sale of the item at a closing price when the current sales volume has reached a threshold or when a period of time has passed since the sale was initialized, and crediting accounts belonging to one or more users with an additional amount based at least in part on a difference between the closing price and the purchase price for each item for the corresponding user.
    Type: Grant
    Filed: May 19, 2016
    Date of Patent: April 14, 2020
    Assignee: AGORA INTELLIGENCE, INC.
    Inventors: Severo D'Souza, Patricia Frey, Payson Johnston, Shuo Zhang, Steven Lee
  • Publication number: 20160343050
    Abstract: A method, apparatus, and computer-readable medium for leveraging real-time sales volume for conducting group buys comprising initializing a sale of an item, the sale specifying a current price of the item which is calculated based on a current sales volume of the item and sales volume ranges, processing transactions with users for items at a purchase price equal to the current price when a purchase request is received from the corresponding user, terminating the sale of the item at a closing price when the current sales volume has reached a threshold or when a period of time has passed since the sale was initialized, and crediting accounts belonging to one or more users with an additional amount based at least in part on a difference between the closing price and the purchase price for each item for the corresponding user.
    Type: Application
    Filed: May 19, 2016
    Publication date: November 24, 2016
    Inventors: Severo D'Souza, Patricia Frey, Payson Johnston, Shuo Zhang, Steven Lee