Sony’s New Released Patent Shows Interests In NFT Gaming

Written by: Sophia Cruz • Thursday, November 17, 2022 • 1 min read

• Last updated: Thursday, November 17, 2022

As numerous companies show interest in investing in NFTs, Sony Interactive Entertainment has recently published patents related to NFT and blockchain technology called “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger”.

As with any other NFT game aka Play-to-earn games, with the likes of Axie Infinity, Alien Worlds, STEPN, and the Sandbox. The patent will show how blockchain technology would be used to trace a unique in-game item history including the creator and the previous owner, and whether it was changed along the way. In addition, Sony will try to use these unique items related to different famous celebrities and personalities as most people find it sentimental to own items related to famous people. And according to Sony, video clips or images of gameplay moments will be converted into tokens with metadata properties.

The background section of the patent note states that “In traditional video games, there is no way to know, track, or authenticate a history of a particular instance of an in-game item. For instance, in traditional video games, there is no way to differentiate 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.”

In May 2022, Sony and Theta Labs successfully launched a series of 3D NFT Collections and since it’s only limited, it was only available through the Sony tablet device – Spatial Reality Display. So far, Sony has become one of the popular companies that showed interest in NFT gaming.

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ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.