Home » PlayStation Dives Deeper Into NFT Sector, Xbox Shows Caution

PlayStation Dives Deeper Into NFT Sector, Xbox Shows Caution

by admin

A new patent from Sony PlayStation shows it is considering using NFTs to track in-game assets. Rival Xbox, on the other hand, has been more cautious, but its chiefs say the new technology has potential.

Sony is showing increasing interest in NFTs and blockchain technology, according to a PlayStation patent filing. The patent is called “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger.” Primarily focused on the anticipated applications of his NFTs in games such as creating, using and modifying in-game assets.

patent First filed on May 7, 2021, it went live just a few days ago. This is to be expected from his implementation of NFTs in games, but it’s worth noting that a gaming giant like Sony would consider the technology.

The patent uses a collection of baseball cards as an example, but NFT points out that it would be valuable if it could be transferred between blockchains or platforms. The patent probably has a specific focus on the esports industry, noting that these individuals can have a large following. There may be individuals to commemorate.

Sony seems to be moving forward with NFT plans, but Xbox has only hinted that it might even consider NFTs. Microsoft’s head of gaming, Phil Spencer, said that NFT and Play and Earn Mechanism But cautioned.

Sony digs deeper into NFTs

Sony has experience with NFTs, and the game-related patent is not its first foray into the technology. The company is working with his Theta Labs to launch 3D NFTs compatible with spatial reality displays. Sony Europe has also joined Theta’s blockchain validator program.

NFTs can be viewed in mixed reality, another rapidly developing technology.Sony Music is also considering NFT, and trademark application Use the Columbia Records logo on NFT releases.

Game studio sees potential

The gaming industry is moving towards the use of NFTs, with several major companies making related efforts. Square Enix recently Symbiotic NFT project, an NFT-based interactive experience. In August, Atari unveiled his NFT collection with artist Butcher his Billie celebrating “his 50th anniversary of Atari.”

Launch of Ubisoft, one of the biggest developments ubisoft quartz, a platform for “renewable and energy efficient NFTs”. We have since dropped support for NFT content and the Ghost Recon Breakpoint game.


All information contained on our website is published in good faith and is for general information purposes only. Readers are strictly at their own risk for any actions they take with respect to information they find on our website.

Related Posts

Leave a Comment