Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?
Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs
Sony previously worked with Startale Labs to organize a web3 incubator.
Sony Network invests in Japanese Web3 startup to spur mass adoption
The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption.
Sony eyes NFT transfers across multiple game platforms, reveals patent
Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities.
Do You Believe in (Bitcoin) Magic?
NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that could make NFTs transferable between different games and consoles. Meanwhile, blockchains Immutable and Polygon announced a major partnership aimed at making it easier for developers and game studios to jump into Web3.
Sony Files Patent for NFTs to Allow Transfers Between Games and Consoles
The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles, including non-Sony platforms like XBox.
Sony Teams Up With Astar Network for Web3 Incubation Program
Sony Network Communications hopes the program will explore “how blockchain technology can solve various problems in their industry.”
Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plans
Looks like its latest raise brings Epic Games’ valuation to $31.5 billion.
Key data points suggest the crypto market’s short-term correction is over
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end.
Pantera, Coinbase Ventures and Sony back NFT-focused MakersPlace in $30M Series A
“At MakersPlace, we view our work as an investment in the future of creativity,” said co-founder and CEO Dannie Chu.
Sony VC Fund Joins ‘Over $14M’ Funding Round for Digital Asset Platform Securitize
A venture capital fund under the management of Sony Financial Ventures (SFV) and Global Brain has invested an undisclosed amount in security token issuance platform Securitize.
Sony’s Car Points to a Future of Machine-to-Machine Crypto Payments
Could Sony’s sensor-laden car be the future of blockchain-based mobility?
Sony, Fujitsu Aim to Make Educational Data ‘Unfalsifiable’ With Blockchain
The two Japanese tech giants have partnered for a trial using blockchain to provide educational records that cannot be faked.
Sony Builds Digital Rights Management System on a Blockchain
Japanese electronics giant Sony has developed a blockchain-based digital rights management system that may see commercial rollout.
Sony Patent Filings Hint at Work on Crypto Mining Hardware
Japanese technology giant Sony wants to patent two approaches to hosting and maintaining blockchains, newly published documents show.
Sony Eyes Blockchain Use for Digital Rights Data
Sony believes a blockchain can be used as a digital rights management solution by storing ownership information.