Sony has announced its first foray into blockchain gaming, and Microsoft is cautious about the nascent sector.

While Microsoft has been more cautious than Sony when it comes to blockchain technology, it is exploring ways to use it to track items in games.

According to Sony’s patent application, he is increasingly interested in NFTs (non-fungible tokens) and cryptocurrency technology. The patent primarily focuses on the expected uses of NFTs in gaming, specifically the creation, use, and manipulation of in-game assets.

The gaming industry has been using blockchain for years, but this is the first time we’ve seen anything like this from a major company.

The invention relates to digital collectibles, which may include blockchain-based assets. He focuses especially on sports cards, but points out that these types of items could have a wide variety of applications beyond sports. For example, people who follow certain celebrities could create their own collectible tokens for them. These tokens can even represent different aspects of someone’s life.

As for Microsoft’s own plans for NFTs, Phil Spencer said they could include some “cool” features, but cautioned against rolling them out too quickly.

Sony delves deeper into web3/blockchain technology

Sony has had previous experience with NFTs, and its gaming-related patents aren’t the first time it’s explored the concept. It is partnering with Theta Labs to create 3D NFTs for use with VR headsets. It is also joining the Theta blockchain validators.

NFTs can be viewed in mixed reality, which is another rapidly evolving technology. Sony Music also filed a trademark to use the Columbia Records logo for an NFT release.

The gaming industry is increasingly turning to non-fungible tokens (NFTs) for various purposes. Square Enix recently announced their Symbiogenesis project, which uses NFTs to create interactive artwork. At the end of August, Atari revealed an upcoming NFT collection featuring artists Butcher Billy and Matt Furie in honor of 50 years of Atari.

One of the biggest breakthroughs was when Ubisoft released an update to its Ghost Recon Breakpoint video games that included low-consumption, playable non-fungible tokens (NFTs). They later ended NFT content and dropped support for their Ghost Recon Breakpoint games.