Sony patent points to AI to calculate the value of NFTs

March 27, 2023

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The rise of technologies like NFTs and blockchain has encouraged gaming companies to experiment with their integration into the industry. Square Enix is heavily focused on this technology, with developers like Ubisoft also showing interest.

Recent patents have indicated that Sony may want to join the effort, with PlayStation polling players about NFTs at EVO last year. This was followed by the discovery of Sony patents for blockchain and NFTs.

As if that wasn’t enough proof that NFTs could be part of PlayStation in the future, a new patent has once again hinted at Sony’s interests in which the company is interested Use AI to determine the value of NFTs.

The patent aims to provide more accessibility for users who are new to blockchain and NFTs. Inexperienced users might have a hard time judging the value of NFTs, and this is where the AI model comes in.

Using the machine learning model, Sony wants to provide this multiple estimates for users to better understand the value of certain items. This value can change depending on how many times a particular thing can be used.

Items that are more difficult to acquire due to rarity or competition may also a Difference in value compared to traditional NFTs.

According to the patent, Sony identifies objects such as Characters and weapons from a game as NFTs. This could allow the gaming giant to borrow from iconic PlayStation franchises for NFTs in the future.

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