The Japanese business behemoth Sony is set to invest in Web3, NFT, and metaverse firms via an incubator program. Per Japan’s Bit Times, Sony has teamed up with Astar, a Japanese smart contract platform and blockchain developer, for the initiative. The Web3 firm Startale Labs – a frequent Astar collaborator – is also taking part…
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Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities. Sony Interactive Entertainment, the video game goliath running the PlayStation brand, filed a patent for a framework allowing users to transfer and utilize nonfungible tokens (NFTs) across multiple game platforms. Over several years, Sony’s interest in…
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Entertainment and gaming giant Sony has filed for a patent to make non-fungible tokens (NFTs) transferable and usable between various games, devices, and consoles. The patent filed last week states:… Read More: Gaming Giant Sony Files Patent to Enable NFT Transferability Across Games and Consoles Read more »Sign up for e-EUR – the progressive stablecoin
Lego, the Danish toy company famous for its colorful plastic bricks, expects to diversify its entertainment offerings portfolio, targeting the metaverse. The company is preparing to present a virtual world in partnership with Epic Games, the gaming engine company, to continue increasing its market share and growth streak by entering new digital markets. Lego to…
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On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on the utility” of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs). Sony and…
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Entertainment and electronics giant Sony has recently completed the acquisition of Beyond Sports, a company specializing in using real-world data to produce 3D animation. With this purchase, the company is now reportedly able to offer a full metaverse experience for sports matches, complete with tech from other companies already in its portfolio. Sony’s Beyond Sports…
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Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from a given game. Sony Might Use…
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A newly published patent suggests that the gaming giant Sony PlayStation may use non-fungible tokens (NFTs) in-game – or at least they’re looking into it. Microsoft’s XBOX, meanwhile, seems to be looking in the opposite direction. Sony’s patent is titled “US20220358450 – Tracking Unique In-Game Digital Assets Using Tokens On a Distributed Ledger”. Notably,…
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Meta, Microsoft, Nvidia, Sony, as well as 33 other tech giants racing to build the metaverse have formed a group to create the infrastructure for an interoperable metaverse. Dubbed The Metaverse Standards Forum, the new initiative aims to introduce interoperability and cross-compatibility in the space in order to foster the development of “the open…
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Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and persistent worlds.
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