16/09/2022 PlayStation Stars Will Receive NFT Digital Collectibles – Here’s A First Look

PlayStation Stars Will Receive NFT Digital Collectibles - Here's A First Look

Sony held a State of Play event where it gave a glimpse of the first “digital collectibles” that will be offered as rewards for the PlayStation Stars loyalty program. However, Sony has insisted that these collectibles are not non-fungible tokens (NFTs).

Yuga Labs restructures, NFT prices grow: what’s next for the market?
CryptoPunk sells for 4,000 ETH ($12.41 million), sixth-most expensive ever
NFT Startup Venture Notables Draws CAA, UTA, WME as Advisors (EXCLUSIVE)

Digital collectibles for the PlayStation Stars loyalty program

In the event, Sony insisted that these digital collectibles are neither NFTs nor are they created on the blockchain. Instead, the collectibles are virtual statues of devices such as PlayStation 3 and the PocketStation PDA gaming device. The collectibles can also represent characters from games such as Ape Escape 2 and mascots like Polygon Man.

The PlayStation Stars program was unveiled during the summer. At the time, Sony said members would earn points and digital collectibles. The earned points could be used to buy products from the PlayStation Store or go towards in-game purchases.

Those who want to earn points and digital collectibles must participate in campaigns such as participating in tournaments or playing games. A blog post on Tuesday mentioned that one of the initial campaigns would be dubbed “Hit Play/1994”. In this campaign, games will be launched depending on song clues, with more details about it expected to be launched soon.

According to Sony, the program will be released in some regions in Asia towards the end of this month. The program will later be rolled out in the US and Europe. The program will not be available on PlayStation during the initial stages. Instead, it will be rolled out through the PlayStation app on Android and iOS.

The insistence of Sony that these digital collectibles are not NFTs is a reflection of the cold attitude that some traditional gaming companies have against blockchain-based gaming. The blockchain gaming ecosystem is set to replace traditional gaming soon as gamers look to become part of the game and earn real-world rewards.

NFT gaming platforms disrupt traditional gaming

Thecrypto gamesecosystem is growing, and three blockchain gaming ecosystems have stood out: Lucky Block, Battle Infinity, and Tamadoge.

Lucky Block’s native token, LBLOCK, has emerged as one of the most promising tokens to invest in because of the stable gaming foundation offered by Lucky Block. Lucky Block is an NFT competition platform launched this year and is planning to dominate the gaming market. Lucky Block has daily jackpot draws and NFT tournaments where players can buy tickets and unlock various prizes.

Another great blockchain gaming project that is also setting the pace is Battle Infinity. Battle Infinity is a fantasy NFT sports platform that allows players to be part of teams and earn rewards depending on players’ performance during the season. Fantasy sports have become quite popular because of boosting fan interaction.

The Tamadoge NFT gaming platform is also attracting attention because of its successful presale, which has raised $16 million in a little over a month. The Tamadoge gaming ecosystem allows players to buy Tamadoge pets in the form of NFTs and use the pets to battle against other players.

As seen from the unique offerings of each gaming ecosystem, the NFTs are built within the game, not in a loyalty program. This makes it quite easy for the players to be part of the game as they own a piece of it.

Arts

https://www.business2community.com/nft-news/playstation-stars-will-receive-nft-digital-collectibles-heres-a-first-look-02549249

Interesting NFTs
David vs the Virus
"An ode to the year everything changed" - Frank Wilder The story of the underdog is a reoccurring theme throughout history, and perhaps the most famous example is that of David vs Goliath. A tale about perseverance, in which David takes on and defeats the giant warrior using only his smarts and a stone. Famously depicted by Michelangelo's David statue. Fast forward to the present day in 2020 and we as humanity are faced with our own Goliath. An uncontrollable pandemic spread around the globe. Now with the entire planet being affected by this we understand the gravity of the situation at hand, whether it be a virus we’re fighting or other forces at play, there is indeed an energy out to shift the balance of the Universe… Regardless of our differences, in this moment must unite as one. With diligence, trust and belief we as a whole can come together to triumph against "the enemy". Stay vigilant my friends. Original score created by the one and only Phoenix Wilder.
#28878
By OthersideDeployer
Banksta
Pump, dump and bump Banksta to death. Demon or dead normal? Print fiat at will. What more do you want?
Oak fruit
What's up! I'm Oak fruit. In high school, I was voted school jock. I'm often described as tantalizing, and I own it. We're so fur-tunate to have found each other!
Really Remote Working Part 2
The second imagined space in the series. Created during the lockdown period whilst being confined to the same place every day, this piece is part of a series of imaginary places that I dreamed of being able to work from.