Tuesday, June 6, 2023
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Blockchain

PlayStation’s new “digital collectibles” are definitely not NFTs

by Crypto News
July 14, 2022
in Blockchain
0
PlayStation’s new “digital collectibles” are definitely not NFTs
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Sony has taken steps to allay hex-shaped NFT fears about its new
Enlarge / Sony has taken steps to allay hex-shaped NFT fears about its new “rewards” service.

Sony Interactive Leisure / Sam Machkovech

On Thursday, Sony Interactive Leisure posted a shock announcement a couple of new service coming to PlayStation consoles. Many of the particulars concerning the new “PlayStation Stars” initiative, which resembles different gaming companies’ “rewards” perks, sound promising, however at Ars Technica, Sony’s alternative of a two-word phrase immediately put concern into our hearts: “digital collectibles.”

Fortunately, members of the SIE PR workforce had been fast to the draw with an e-mail reply to allay our fears: No, this isn’t Sony’s stab at NFTs.

“They aren’t one-of-a-kind”

The brand new service, slated to launch “later this 12 months,” will price nothing to hitch and can exist outdoors the PlayStation Plus subscription household. PlayStation Stars, as vaguely described in Sony’s Thursday announcement, revolves round a soup of related ideas, however on its face, it principally resembles the Microsoft Rewards system within the trendy Xbox console household. The TL;DR model: get digital rewards for enjoying video video games.

PlayStation Stars members can play particular PlayStation console video games to finish “campaigns” and “actions,” although solely campaigns are described within the Thursday announcement. These vary from duties so simple as enjoying a specific sport in a given month to extra devoted duties like gathering game-specific PlayStation Trophies and even getting the primary unlock of a sport’s hard-to-attain “platinum” trophy in a area as giant as a time zone. As described, these campaigns could correlate with video games tied to the PlayStation Plus service—very similar to how Microsoft Rewards favors Xbox Recreation Cross titles.

Do you have to full campaigns and actions inside PlayStation Stars, you’ll be able to anticipate at the least two forms of “rewards.” The primary one described as we speak, dubbed “loyalty factors,” may be spent on a “catalog” of digital provides, and these embody credit score for PlayStation Community purchases or redemption provides for “choose” PSN merchandise like video games. And I already talked about the second reward kind, dubbed digital collectibles, which sounded suspiciously like NFTs in Sony’s preliminary announcement:

Commercial

They’re digital representations of issues that PlayStation followers take pleasure in, together with collectible figurines of beloved and iconic characters from video games and different types of leisure, in addition to cherished gadgets that faucet into Sony’s historical past of innovation. There’ll all the time be a brand new collectible to earn, an ultra-rare collectible to try for, or one thing stunning to gather only for enjoyable.

In an emailed assertion to Ars Technica, SIE Senior Public Relations Supervisor Aram Jabbari clarifies that these are not NFTs. “These digital collectibles are created only for our loyalty program, and whereas some may be uncommon, they don’t seem to be one-of-a-kind, nor does [PlayStation Stars] leverage blockchain know-how,” Jabbari writes.

Related articles

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider – Crowdfund Insider

November 28, 2022
5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

November 28, 2022

Thus, as described, these digital collectibles could merely resemble a extra old style strategy within the gaming world, the place beauty 3D objects may be displayed after doing one thing distinctive or difficult in a online game with none monetary system including synthetic shortage. The PlayStation 5’s pack-in online game Astro’s Playroom already features a related system, as the sport consists of unlockable 3D fashions of older PlayStation {hardware} as secret in-game trinkets, no buy required. (Talking of PS5: Jabbari declined to make clear whether or not PlayStation Stars will operate throughout all PlayStation console households or whether or not it is going to be locked to the newer PlayStation 5 console.)

Ought to we anticipate “DylaNFTs” any time quickly?

Ars Technica readers could already be accustomed to many, many, many, many, many NFT-related pitches from trendy gaming firms. (Many.)

SIE has been cautious to not recommend that ideas like NFTs or blockchain-staking are coming to PlayStation consoles or companies, but its guardian firm Sony has discovered different methods to put money into the ideas. The largest got here within the type of a $1 billion investment in Epic Games, which Sony Chairman Kenichiro Yoshida described on the time as a chance “to deepen our relationship within the metaverse subject.” The assertion additionally mentions different initiatives like digital video manufacturing, thus muddying the precise dollar-by-dollar equation of how a lot Sony is investing in gaming-related blockchain content material.

A minimum of one different Sony division has been a lot bolder about attaching on to NFTs as a business idea. In March, Sony Music partnered with Bob Dylan’s son to mint NFTs based on Dylan’s works, although as of press time, the service in question does not imply that such digital gadgets (DylaNFTs?) are occurring sale any time quickly.



Source link

Share76Tweet47

Related Posts

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider – Crowdfund Insider

by Crypto News
November 28, 2022
0

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider  Crowdfund Insider Source link

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

by Crypto News
November 28, 2022
0

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future  CoinChapter Source link

Line shuts down crypto exchange to focus on blockchain and LN token

Line shuts down crypto exchange to focus on blockchain and LN token

by Crypto News
November 28, 2022
0

The Japanese messaging big Line has determined to close down its cryptocurrency alternate enterprise amid the continuing crypto winter.Line-owned...

Blockchain In Edutech Market Top Key Players, Latest Trends, Regional Insights 2026

by Crypto News
November 28, 2022
0

Blockchain technology market is a distributed system that data and shops transactional data. Extra particularly, blockchain know-how is a...

Cosmos-Based L1 Blockchain Onomy Raised $10M

Cosmos-Based L1 Blockchain Onomy Raised $10M

by Crypto News
November 28, 2022
0

Regardless of the extended bearish cryptocurrency market, Onomy has accomplished a $10 million funding spherical because it nears launch....

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

October 22, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
BITCOIN TRADING LIVE – TECHNICAL ANALYSIS OF ALTCOIN CHARTS – WHAT IS COMING NEXT FOR BITCOINS PRICE

BITCOIN TRADING LIVE – TECHNICAL ANALYSIS OF ALTCOIN CHARTS – WHAT IS COMING NEXT FOR BITCOINS PRICE

February 16, 2023
Large Bitcoin BREAKOUT Coming SOON? TOTAL Market Cap Rallies Past New HIGH!

Large Bitcoin BREAKOUT Coming SOON? TOTAL Market Cap Rallies Past New HIGH!

February 16, 2023
Cryptocurrency Public & Private Keys

Cryptocurrency Public & Private Keys

February 16, 2023
CARDANO FOUNDER REVERSES ON COIN BURN

CARDANO FOUNDER REVERSES ON COIN BURN

February 16, 2023

Recent News

BITCOIN TRADING LIVE – TECHNICAL ANALYSIS OF ALTCOIN CHARTS – WHAT IS COMING NEXT FOR BITCOINS PRICE

BITCOIN TRADING LIVE – TECHNICAL ANALYSIS OF ALTCOIN CHARTS – WHAT IS COMING NEXT FOR BITCOINS PRICE

February 16, 2023
Large Bitcoin BREAKOUT Coming SOON? TOTAL Market Cap Rallies Past New HIGH!

Large Bitcoin BREAKOUT Coming SOON? TOTAL Market Cap Rallies Past New HIGH!

February 16, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News