Web 3

THEORY: Sony or Nintendo Is About To Enter Web3 and Build Its Own Metaverse

TL;DR

  • So, in case you missed it – the Japanese authorities is all in on Web3! Do not imagine us? Japan’s Prime Minister Fumio Kishida simply spoke at a Web3 convention!

  • In line with Kishida: “A significant Japanese firm will announce an bold large-scale challenge that may create a useful financial zone within the metaverse.”

  • Our guess its both Sony or Nintendo (almost definitely Sony, primarily based on the patents its been submitting over the previous 12 months or so).

  • Each firms have international audiences, so whoever builds it, it would seemingly profit Web3 on a world scale.

Full Story

This…it is a stretch.

A stretch. Based mostly on an assumption. Constructed from a veiled remark.

However christ can we hope it is true!

This is our principle:

Both Sony or Nintendo is about to enter Web3 and construct its personal metaverse.

This is how we bought right here:

So, in case you missed it – the Japanese authorities is all in on Web3!

Do not imagine us? Japan’s Prime Minister Fumio Kishida simply spoke at a Web3 convention!

In his speech, he outlined how he sees Web3 as “a part of the brand new type of capitalism,” and plans to drive development and wealth distribution in Japan by specializing in innovation, startups and digital transformation.

However the true bombshell was this:

In line with Kishida…

“A significant Japanese firm will announce an bold large-scale challenge that may create a useful financial zone within the metaverse.”

Exterior of Sony and Nintendo – which firm may that even be?

(Okay, certain – there’s Sega, Konami, Sq. Enix, Bandai Namco, Capcom, and Sport Freak…however simply allow us to have this one okay??)

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Between the 2, our cash is on Sony (primarily based on the patents its been submitting over the previous 12 months or so).

This is why this thrilling, no matter who builds it:

  1. Most “main Japanese firms” have international audiences. So there is a good probability that no matter Japan builds right here, will profit Web3 on a world scale.

  2. Lots of Web3 know-how is at present attempting to exist outdoors of the established Web2 system.

    That means, blockchain is not actually being built-in into current net platforms/providers/websites as a lot as it’s being constructed anew as standalone merchandise.

    And that is an issue.

    As a result of driving adoption by means of initiatives which are ranging from zero is not almost as efficient as integrating blockchain into current tech, with established consumer bases.

Are we connecting dots that do not exist, primarily based off a remark made in passing at a convention?

Sure. Sure we’re.

However we do not care (life is sweet, right here in Fantasy Land).

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