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Home»News»Web3»Sony Interactive Entertainment applies for patent related to NFTs
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Sony Interactive Entertainment applies for patent related to NFTs

Web3BH TeamBy Web3BH TeamMarch 22, 2023Updated:March 22, 2023No Comments2 Mins Read
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Sony Interactive Entertainment has filed for a new patent that explores the potential of integrating non-fungible token (NFT) technology within its gaming ecosystem. Sony’s patent aims to create an NFT framework that transfers digital assets between devices and games, allowing gamers and spectators to exclusively use the asset and transfer its rights to others via NFT.

The patent explicitly states that the technology would be valid across all hardware, including virtual reality headsets, tablets, computers, mobile phones, and consoles. It even discusses the possibility of minting progress in a particular video game, such as a certain level, score, or points accumulation, and then transferring or selling it via NFT – ultimately allowing players to advance their gameplay.

While Sony remains cautious about entering the NFT space, the patent suggests that the company is exploring how NFT technology can be used within its wider gaming ecosystem. The patent concludes a likely push towards a more favorable Web-3 business model for one of the world’s largest gaming corporations.

Despite the patent filing, it may take some time before any significant Web3 push is announced. However, with increasing prominence of high-definition digital collectibles, skins, and other elements in mass-multi-player games, metaverse, and Web3 technologies, most analysts believe that NFTs will play a more significant role in the future of gaming.

In conclusion, Sony Interactive Entertainment’s patent filing for NFT technology signifies its growing interest in exploring the possibilities of NFT integration within its gaming ecosystem. This move could revolutionize the gaming industry and lead to new business models for gaming corporations in the future.

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