Sony, the PlayStation developer, seeks US patent for 'Super-Fungible Tokens' targeting the gaming industry.

Sony, the PlayStation developer, seeks US patent for ‘Super-Fungible Tokens’ targeting the gaming industry.

Sony, the well-known entertainment company responsible for the popular PlayStation console series, has recently submitted a patent application in the US for the development of “super-fungible tokens” specifically designed for gaming purposes. Although the application was initially filed back in 2022, it only became publicly available at the end of February.

According to the document, Sony plans to create an electronic device that will track gaming assets and generate a new type of super-fungible token. The process involves receiving metadata associated with a set of gaming assets and utilizing this information to create a super-fungible token. This token represents ownership of a single gaming asset from the set, held by the player within the gaming application at a particular moment in time. The metadata will be stored on a distributed ledger linked to the gaming application, although the document does not specify which specific blockchain will be used. However, it does give an example of the Ethereum (ETH) smart contract platform.

This is not the first time Sony has explored the potential of non-fungible tokens (NFTs) within the gaming industry. Last year, the company filed a patent application for an NFT framework that facilitates the transfer and use of digital assets across different game platforms.

In addition to their patent applications, Sony has been actively investing in the gaming metaverse. In 2022, the company invested $1 billion in Epic Games, a prominent player in the video game industry. This move further solidified Sony’s commitment to expanding its presence in the gaming sector.

As Sony continues to explore innovative technologies and concepts like super-fungible tokens and NFTs, it is clear that the company is dedicated to enhancing the gaming experience for its users. By leveraging blockchain technology and digital assets, Sony aims to revolutionize the way players interact with and own gaming assets.

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