Crypto Wallets On Entertainment Systems?
After all the battles of not adopting crypto, pushback on NFTs in games it seems clear that the opposite was true and that these gaming companies and other companies once again listened to a few negative bad mouthers and took that as the majority consensus.
This is a classic example of what we have seen across all industries and governments for the last few years and what has been dubbed as "cancel culture" it took a few years for people and now companies to realize that catering to this is not optimal and you're listening to a few loud mouths and not the majority and thus we are once again seeing a major shift in the crypto and NFT space that's only now getting started.
Today I want to go over how major companies like Microsoft, Xbox, Amazon, Google, Sony and others are all starting to ramp up their crypto exposure and how we are at just the start of the pivotal major adoption across everything. Very soon crypto, nfts and other assets will become a part of everyday life and remove the old obsolete systems.
Sony
Sony is a major name brand that's been around for the ages. Sony is known for some games and their gaming system Playstation. They have recently started to expand into the crypto section through in-game esports betting.
In a recent patent from Sony they are exploring real time betting on espots with an AI that provides live feedback on percent chances of how a player will do based on the AI knowing and figuring out past performance.
Meta
Meta rebranded in 2021 and by the name it's clear they want to be a pioneer in the sector and have invested what many would consider (including investors of meta) way too much money into it. I wrote an update post about Meta's Metaverse which actully looks super promising and could be just the start of something major. Check it out at Could The Zuck Be On To Something Metaverse Update
Microsoft aka Xbox
Xbox is another popular gaming platform but not so much as Playstation. However one thing that Xbox really has going for it is GamePass which also connects to your PC unlike Playstation. So exclusives to Xbox systems should also be available right away via GamePass on PC. This is one big upend the company has over Playstation and honestly if they focused down on this area it could be a major success and perhaps even blow Sony Playstation out of the water.
Another area we have seen action from Microsoft is within Edge. For some reason they just can't help themselves in realizing that people don't want or use Edge browser.
In any case that 5% might soon have a Bitcoin or Ethereum decentralized wallet within it. But would you really trust a company to hold your keys and wallet information on their browser? I know I wouldn't but that doesn't mean the masses wouldn't.
Overall we are for sure starting to see major companies and systems get ready and adopt crypto into their platforms. We have even seen companies like Paypal release a stable coin without any FTC \SEC oversight and seemed perfectly fine. Which has now sparked even more companies to start taking action and not bother with the SEC and government who simply keep attacking and offering no adoption solutions or guidance. It's an old dinosaur of the system that's dying right in front of our eyes.
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The movie theater company 'AMC' offer 'digital collectibles' to fans who obtain them through completing steps and stores it in their phone app or gives it to them on a platform. Digital collectibles given out by major brands that can be utilized by the holders would be the only way I can see people allowing big companies to hold their 'assets'. Otherwise it's just throwing 'goods' into a company for storage instead of a bank.
If they offered their companies as a 'DAO' for their costumers to have some control over certain projects then it would be a different story.
It'll be interesting to see how these brands try to enter the Web3/Blockchain space without getting torn apart by the masses with all the negative connotations now associated with 'NFT', 'Cryptocurrency', and other terms.
Thanks for sharing your findings! Very interesting to read.
That's super cool and just another example of how things are taking shape and adoption is actully growing!
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I've been saying for a while now that Apple and Google need to tie wallets to their mobile ID's. That would make it so easy for people to want to install dapps and things like that. People want blockchain stuff to be as easy as installing Candy Crush or Clash of Clans. Until we get to that point, mass adoption will be hard.