One other NFT-related patent from Sony has appeared which provides extra gasoline to the fireplace that paid-for digital property might come to PlayStation
Sony is trying to lease non-fungible tokens to gamers and stream viewers in keeping with a brand new patent.
The patent from Sony would counsel that the corporate could also be trying to introduce NFTs into its PlayStation ecosystem throughout the PS4 and PS5. PlayStation Stars members might have gained an early take a look at what could also be coming.
This isn’t the primary time now we have 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 property utilizing tokens on a distributed ledger. Whereas submitting a patent doesn’t at all times bear fruit, this newest replace breathes new life into the opportunity of NFTs on PlayStation.
Sony pursuing NFTs
Nevertheless, when PlayStation followers heard that NFTs might turn into a part of the PlayStation ecosystem, not everybody was happy. These issues 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 via attaining milestones on the platform.
Though, the looks of such digital collectibles made some followers consider that the idea of NFTs was not too distant. The November patent together with this most up-to-date one confirms that, on the very least, it’s beneath severe consideration. In accordance with Gamerant, the patent means that the corporate might look to lease NFTs to customers via an interconnected system that offers customers a suggestion to lease an NFT which depicts art work or an asset from common PlayStation video games.
NFTs for lease
It seems that various costs for the NFTs will probably 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 lease it or buy. Avid gamers who lease out NFTs to others might also be capable to make a revenue from the transaction. This market could be accessible from the console itself.
The patent was initially filed again in July final yr, and whereas followers principally appear sceptical of the prospects of NFTs on PlayStation, Sony seems set on exploring its potentialities. The PlayStation Loyalty digital collectibles might act as a simple transition for the corporate from free digital property earned via milestones, to paid-for NFTs. Sony is but to substantiate any plans for an NFT market however watch this area.