News JVTech PS5: The feature so feared by gamers is becoming increasingly clear
While the legendary Sony console has been on the market for more than two years, the manufacturer continues to innovate for its youngest. We have known for some time that the manufacturer is working behind the scenes on a novel functionality. One, highlighted by a first patent, had caught the players’ attention in particular. Today we know a little more about this novelty feared by the majority of players.
Sony and NFT, it’s far from over…
The recent leak of a patent filed by Sony Interactive Entertainment last July had reignited fears among gamers about the future of the console. And for a good reason This clearly demonstrated the brand’s desire to integrate blockchain and NFT on the PlayStation 5. While they aren’t the first to try the experiment — like Epic Games or Ubisoft — the term’s bad reputation had inevitably caused an outcry among gamers.
As a reminder, the document highlighted Sony’s desireIntegration of NFTs based on the PlayStation universe. In short, these were presented as collectibles for rent and displayed on their user interface.
If the project seemed more or less vague until now, a few days ago new elements regarding the use of NFTs on the PS5 have appeared.
Sony clarifies the usefulness of NFTs on the PS5, but not only…
The Japanese gaming giant seems determined to head in that direction ever sincea new patent on non-fungible tokens (NFT) just filed.
This new document clearly shows Sony’s ambitions represent the property at stake through blockchain technology and NFTs. Specifically, the giant could use the technology to materialize in NFT:
- appearances
- of the avatar
- items in the game
- Special strengths
- Etc.
To obtain these NFTs, the patent mentions restrictions to counteract the various attempts to win these wins multiple times.
Transferable PS5 NFTs to Xbox?
Also this one mentions the development of the interoperability of its digital assets on the various media of the Sony brand. Specifically, this new patent should allow PlayStation players to transfer future virtual items they received in a game to other Sony-branded devices, such as:
- Virtual Reality (VR) headsets
- tablets
- computers
- of the smartphone.
Where the giant sees things big is that the experience could even be developed outside of Sony’s products. As a result, Virtual items obtained on PS5 could potentially be transferred to other media such as an Xbox or in another “cloud-based video game”.
“The standardized format can be played to insert the digital asset into various computer simulations, which may contain various video games from different titles, and/or can be played across various video game platforms such as PlayStation and Xbox. .
For now, this information opens up the field of possibilities for the brand. Although the interoperability of these NFTs represents a certain revolution in terms of ownership in gambling, the volatile and speculative aspect continues to prevail over technology. Therefore, Sony has yet to convince gamers of the various uses of these devices.
About NFTs
What is an NFT?
An NFT is short for Non Fungible Token or non-fungible token in French. NFTs are cryptographic tokens issued on a blockchain.
By using this technology in the creation of cryptocurrencies, NFTs inscribe inviolable properties in this virtual register. As a result, NFTs are true attestations of digital ownership.
Is an NFT necessarily an image?
A distinction must be made between an NFT and the object associated with it. In fact, the non-fungible token is above all a virtual certificate of ownership and not the digital file as such. An NFT is usually associated with a photo or video, but can also be in the form of text, music, or some other digital or physical format.
What is an NFT used for?
NFTs are generally used to assert intellectual property rights on the Internet. Thus, the owner of a token of a virtual work can collect royalties, ensure respect for the intellectual property of his digital object, etc.
This feature has particularly allowed the NFT to shine in the arts by creating value and rarity in digital images available on the web. Beyond art, this technology offers a wide range of possible uses in various areas, such as in video games, traceability of a product, etc.
How is the value of an NFT defined?
These tokens are non-fungible meaning they have a unique value unlike cryptos which are fungible (1 bitcoin = 1 bitcoin).
The price of an NFT is thus set arbitrarily by the owner of the token. This price is usually in cryptocurrency, mostly in Ether (ETH).
How do I buy and sell NFTs?
NFTs are typically bought or resold on trading platforms such as Opensea or Foundation.
What is an NFT coin?
The “mint” or strike in French is the initial process of selling a token. In order to permanently become part of the blockchain ledger, these new tokens must be mint. Through this action, the user completes a transaction with their fees to see their token appear first-hand on the blockchain.
What is an NFT airdrop?
An airdrop refers to the free distribution of an NFT to a crypto wallet address.
How do I store an NFT?
To store an NFT, you must have a wallet/crypto wallet. The most popular are metamask or trust wallet.
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