Sony has shown interest in the NFT gaming field

Sony has shown interest in the NFT gaming field

The day is not far when every business will revolve around NFTs and the crypto market. Initially, many people thought that crypto would be for a short time and it has no future, but with time it developed into something that no business, small or big, can avoid it. The arrival of NFTs has made it more popular than ever.

More and more companies are showing interest in it and they are investing in NFTs to have more profit and gain. Recently, a global entertainment giant, Sony, showed interest in NFT games in a patent. The patent will use blockchain technology (NFT) and will track digital assets in video games. It said the company applied for the patent in 2021 and it was published in November 2022.

A bit about Sony and NFT

Sony is a Japanese multinational sports company known for PlayStation games. However, NFTs are short for non-fungible tokens that are used as proof of the contents of various things such as artwork, music, memorabilia, and items in video games.

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What does the patent say?

The patent reveals that the company’s goal is to track assets in the game using blockchain technology. The patent is known as tracking unique digital assets in the game using tokens on a distributed ledger. Additionally, a diagram has been shared showing the roadmap for tracking ownership, visual appearance or metadata for digital assets.

Sony writes “Changes in the properties of the digital asset, such as ownership, visual appearance or metadata, can be identified in a request to update the history,” Sony further writes. “A new block can be generated for, and added to, the distributed ledger identifying the changes in the history of the digital asset.” Furthermore, the patent has revealed that digital assets can be traced from moments of gameplay to objects or characters in the game.

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In Non-fungible token Games, the story can be tracked from player to player, and Sony will have similar technology to track the story from player to player. Sony writes in the patent that “there is no way to distinguish a specific instance of an in-game item that a famous player of the video game used to win a famous tournament from any other instance of the in-game item.”

The patent adds that Sony will try to use unique items that are somehow related to famous personalities and celebrities because most people find it very “meaningful” to own some of the items related to their favorite personalities or celebrities.

Sony’s other projects

Sony is one of the rare companies that continues to show interest in non-fungible token games. It’s not the first time Sony has shown its plan to integrate NFTs and blockchain technology into its games. In May 2022, Sony and Theta Labs launched a collection of 3D NFTs that proved highly successful. This was a limited edition of NFTs and was only available via Sony’s tablet style Spatial Reality Display.

NFT games

NFT games have become so popular that everyone who comes to the crypto industry will eventually show interest in it. It has so much potential that the future may belong to NFT games. There are dozens of different non-fungible token games. According to CoinGecko, the best NFT games, also known as play-to-earn games, include Axie Infinity, Alien Worlds, STEPN and The Sandbox.

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Final thoughts

Although the crypto market has been in decline since last year, there is still potential in the crypto industry and giant companies like Sony are constantly showing their interest in it. In such a gloomy and pale market, this is a very positive and effective sign for the future of the crypto industry.

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