One other NFT-related patent from Sony has appeared which provides extra gasoline to the hearth that paid-for digital belongings might come to PlayStation
Sony is seeking to hire non-fungible tokens to gamers and stream viewers in response to a brand new patent.
The patent from Sony would recommend that the corporate could also be seeking to introduce NFTs into its PlayStation ecosystem throughout the PS4 and PS5. PlayStation Stars members could have gained an early take a look at what could also be coming.
This isn’t the primary time we have now seen Sony patents exploring the chances of blockchain and NFTs. Final yr, in November, one other patent got here to mild that confirmed Sony had filed a system for monitoring distinctive in-game digital belongings utilizing tokens on a distributed ledger. Whereas submitting a patent doesn’t all the time bear fruit, this newest replace breathes new life into the potential of NFTs on PlayStation.
Sony pursuing NFTs
Nevertheless, when PlayStation followers heard that NFTs might grow to be a part of the PlayStation ecosystem, not everybody was happy. These considerations went away when it appeared that the PlayStation Stars loyalty program launched with out NFTs however as an alternative featured a type of digital collectible. Whereas sharing similarities to the idea of NFTs, these had no financial worth and are earned by way of reaching milestones on the platform.
Though, the looks of such digital collectibles made some followers consider that the idea of NFTs was not too far-off. The November patent together with this most up-to-date one confirms that, on the very least, it’s underneath critical consideration. In keeping with Gamerant, the patent means that the corporate could look to hire NFTs to customers by way of an interconnected system that offers customers a proposal to hire an NFT which depicts paintings or an asset from well-liked PlayStation video games.
NFTs for hire
It seems that different costs for the NFTs can be on provide to gamers and viewers of streams. As soon as the rental interval of the NFT expires it will likely be returned to {the marketplace} the place others can then select to hire it or buy. Avid gamers who hire out NFTs to others may be capable to make a revenue from the transaction. This market can be accessible from the console itself.
The patent was initially filed again in July final yr, and whereas followers largely appear sceptical of the prospects of NFTs on PlayStation, Sony seems set on exploring its prospects. The PlayStation Loyalty digital collectibles might act as a simple transition for the corporate from free digital belongings earned by way of milestones, to paid-for NFTs. Sony is but to substantiate any plans for an NFT market however watch this house.
