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'Sony' is desperate to enter web3!

Here's how it gonna change the game for millions:

🧵👇
Innovative companies like 'Sony' are quick to understand & adopt revolutionary tech...

They know web3 isn't a fad!

Sony even pushed NFTs back in '2021'

(1/13)
When the NFT mania struck the internet...

They partnered with 'AMC' and offered '86,000' NFTs...

To fans that ordered tickets in advance for 'Spider-man: No way home'

(2/13)
The Strategy have done second-biggest one-day ticket sales in AMC's history...

Out of many, One NFT sold for over $16,000🤑

Easy money by watching your favorite superhero onscreen!

(3/13)
However 'NFTs' gonna change the game for SONY!

Do you know?

Playstation consoles are so expensive to make, and sony almost doesn't profit from it's sales

(4/13)
According to reports,

Each PS5 costs 450$ to manufacture and sold for 499$

Company even reported they were making losses on digital edition

(5/13)
Fun fact: PS3 was the most expensive console for sony to manufacture

2 years after it's launch, Sony incurred $3.3 bn in loss

Only after 4 years, they started making profits

(6/13)
The hardware they use is no cheap, and the competition in the hardware retailer market is high

But they have to compete with microsoft's 'xbox' and offer market rate

Thus the low pricing!

(7/13)
So, they are left with only one option -- 'gaming sales'

Each game sells for an avg of $40 - $60

And in-game DLC for $20

This is where they maximize their profits

(8/13)
Sony believes 'NFTs' gonna unlock potentially a trillion dollar gaming market

the main aim is to make every in-game asset - 'interoperable'

But the plan is bigger than you imagine...

(9/13)
you'll able to transfer any game's weapons, skins, items between...

- Different games
- Cross generations(ps4 to ps5)
- Cross platforms (ps5 to vr to computer to xbox)

(10/13)
- First one to defeat the main boss in a game?
- Won an esports tournament?
- Completed a task only half way?

An NFT will authenticate your every achievement

Boast, transfer or sell upon your wish

(11/13)
▪️This will take gamification to next level

▪️Opens a bigger market for gaming assets

▪️Incentivizes masses to enter gaming ecosystem

Everything points to more money for SONY💰

(12/13)
Sony Currently turned a 'launch pad' for companies focused on building 'NFTs' for real world utility

The entertainment & gaming giant is serious on leveraging "WEB3" Tech

By 2025, we can expect SONY to lead the new wave🫡

(13/13)
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