I look forward to the day when my brain doesn’t have to think about terms like “distributed ledger”, “fungible” or “j”.token” more. But judging by recent Sony patents, we may not be out of the NFT forest yet (if there are still forests left when crypto burns the planet). While the wider world of crypto crashes like the HindenburgSony is still eyeing video game-focused NFT technology for in-game collectibles. Breathtaking.
Noticed Video game chronicle as well as Game Yesterday last year’s Sony patent, though recently published, reflects the company’s interest in a technology that “[convert] digital assets associated with video games, from fungible to non-fungible” and in systems that will “create and manage such digital assets by tracking the history of digital assets.” The patent identifies these digital assets as “in-game items or characters” or “video game digital media assets representing moments of video game gameplay, such as video clips or images.” Another term for this is bullshie – NFT.
These concepts are not new. The Sony patent sounds very similar to what other entertainment companies, including video game companiesbeen trying to make it work since we were cursed with knowing what the hell NFTs are (please please don’t text me repeating what they are and why I just don’t get it man).
The patent cites baseball collectibles (a fairly common analogy for NFTs and unique digital collectibles) as evidence that people enjoy collecting memorabilia, and then suggests that digital assets are needed to mimic the scarcity of physical resources, such as “signed baseballs”. [Babe] Ruth, baseballs knocked down by Ruth during an important baseball game, trading cards with Ruth’s image, and the like.
Although the patent does not name popular streamers or professional gamers, the patent suggests that such celebrities may have their own versions of the baseball that Babe Ruth hit using NFT technology. Right now, the lack of scarcity in digital worlds means that there is currently “no way to know, trace, or authenticate the history of a particular instance of an in-game item.” This patent proposes a way to change the inherent nature of digital “goods”.
So, you know, in the future of Sony, you could spend a fortune on the ninja skin that was used on the weapons in the tournament. Isn’t the future amazing? If only Sony had some sort of cataloging and distribution program for digital awards and collectibles. Ouch, wait.
If this all sounds like a solution in search of a problem, then it is.