New Sony Patent Hints at Possible PlayStation NFT Rentals
Sony has registered another NFT-related patent, again suggesting that paid digital assets could appear on PlayStation game consoles.
A new patent from Sony seems to indicate that the company is preparing for the possible introduction of NFTs into its PlayStation ecosystem for the PS4 and PS5. Members of the PlayStation Stars program may have gotten an early glimpse of what's to come in the future.
It isn't the first time Sony has registered a patent related to blockchain and NFT. In November 2022, a patent showed Sony had filed for a system to track unique in-game digital assets using tokens in a distributed ledger. Although filing a patent doesn't always lead to its implementation, this latest update suggests that Sony is very interested in NFT, increasing the chances that we'll likely see the technology on PlayStation consoles.
Sony is interested in NFTs
When news of the possible introduction of NFTs into the PlayStation ecosystem reached fans, it caused mixed feelings, and not everyone was pleased. However, those fears were dispelled when it was revealed that the PlayStation Stars loyalty program doesn't include any NFTs but only digital collectibles. While these items resemble NFTs, they have no value in the real world and are merely trophies earned for reaching certain milestones.
Some fans believe that the concept of NFTs is not that far off, as the similarities between the aforementioned digital collectibles and classic NFTs are great. In fact, both patents suggest that Sony is at least thinking about the technology. Server Gamerant has come up with the idea that the company may be looking to rent NFTs to users based on a linked system that will offer users to rent NFTs that carry artwork or items from popular games released on PlayStation.
Renting NFT
Players and stream viewers may be able to rent NFTs and receive various prizes or benefits in exchange. Once the rental period expires, this NFT will be returned to the marketplace and available for other players. Those players who lease NFTs can also earn and perhaps secure passive income. This special marketplace could be accessed directly from the game console.
The patent was initially filed in July of last year. Despite most fans being skeptical about the release of NFT on PlayStation, Sony has decided to explore this territory more. PlayStation Loyalty digital collectibles could easily transition the company from free digital assets to paid NFTs. Sony hasn't confirmed any plans for the NFT market, but it's clearly pursuing the technology.
Source: www.blockchaingamer.biz
analyst opinion
Jakub Odvářka
A new patent from Sony seems to indicate that the company is preparing for the possible introduction of NFTs into its PlayStation ecosystem for the PS4 and PS5. Members of the PlayStation Stars program may have gotten an early glimpse of what's to come in the future.
It isn't the first time Sony has registered a patent related to blockchain and NFT. In November 2022, a patent showed Sony had filed for a system to track unique in-game digital assets using tokens in a distributed ledger. Although filing a patent doesn't always lead to its implementation, this latest update suggests that Sony is very interested in NFT, increasing the chances that we'll likely see the technology on PlayStation consoles.
Sony is interested in NFTs
When news of the possible introduction of NFTs into the PlayStation ecosystem reached fans, it caused mixed feelings, and not everyone was pleased. However, those fears were dispelled when it was revealed that the PlayStation Stars loyalty program doesn't include any NFTs but only digital collectibles. While these items resemble NFTs, they have no value in the real world and are merely trophies earned for reaching certain milestones.
Some fans believe that the concept of NFTs is not that far off, as the similarities between the aforementioned digital collectibles and classic NFTs are great. In fact, both patents suggest that Sony is at least thinking about the technology. Server Gamerant has come up with the idea that the company may be looking to rent NFTs to users based on a linked system that will offer users to rent NFTs that carry artwork or items from popular games released on PlayStation.
Renting NFT
Players and stream viewers may be able to rent NFTs and receive various prizes or benefits in exchange. Once the rental period expires, this NFT will be returned to the marketplace and available for other players. Those players who lease NFTs can also earn and perhaps secure passive income. This special marketplace could be accessed directly from the game console.
The patent was initially filed in July of last year. Despite most fans being skeptical about the release of NFT on PlayStation, Sony has decided to explore this territory more. PlayStation Loyalty digital collectibles could easily transition the company from free digital assets to paid NFTs. Sony hasn't confirmed any plans for the NFT market, but it's clearly pursuing the technology.
Source: www.blockchaingamer.biz
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