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How Web3, Backed by Microsoft and Tencent, Empowers Players with Ownership, Rewards, and Earning Opportunities
The article discusses the emergence of Web3, a decentralized paradigm shift in the internet landscape, which has garnered significant attention from major players in the gaming industry, including Microsoft, Tencent, Sony, and Nintendo. Web3 represents a departure from the centralized nature of previous internet iterations, with blockchain technology enabling this decentralization and sparking widespread interest…
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PlayStation Patents a New Way to Trade In-Game Items Using NFTs
Sony PlayStation plans to examine the potential benefits and drawbacks of an NFT cross-platform system for gaming where players shall create, own, and trade digital collectibles and NFTs. PlayStation, one of the world’s leading gaming console companies, has recently filed a patent that suggests the company is exploring the possibility of implementing an NFT (non-fungible…