• Versus Systems (VS) has filed a U.S. patent, in order to protect company systems and methods used for various reward platforms.
  • Versus uses similar technology in the company’s Winfinite platform, which allow players to earn real-world prizes whilst gaming.
  • A variety of businesses have shown interest in using Versus’ rewards system to drive customer engagement in their own fields.
  • Versus’ share price is up 5.13 per cent, with shares trading at $0.20 apiece.

Video gaming software company Versus Systems (VS) has filed a patent application with the U.S. Patent and Trademark Office.

The application, for a patent called “In-Content Challenge System and Methods”, will protect the company’s unique set of systems and methods used for various reward platforms.

A variety of interactive media, including PC and console games, mobile apps, and streaming platforms, will use the technology to reward players with real-world prizes. Such prizes may include real money, physical goods, digital currencies, and downloadable content.

Versus has already developed and currently uses similar patented technology, in the form of prize and promotions engine Winfinite.

Financed by brands who pay to place their products in-game, Winfinite allows players to choose from the advertised prizes and rewards, which they can then compete to win.

According to company Founder and CEO Matthew Pierce, there is widespread interest in the company’s reward systems technology. “[…] We continue to be approached by new verticals that want to take advantage of our proprietary rewards system to drive engagement. From fitness, health and wellness, entertainment, and esports – everyone is looking for new and innovative ways to engage their audience.”

“Once granted, this new set of patent claims will protect the novel ways that Versus improves the player, user, streamer, and viewer experience across a variety of markets. People play longer when they win things they love.”

Versus’ share price is up 5.13 per cent, with shares trading at $0.20 apiece.

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