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

July 26, 2023
in Web3
Reading Time: 3 mins read
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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 keeping with Kishida: “A serious Japanese firm will announce an bold large-scale mission that may create a beneficial financial zone within the metaverse.”

Our guess its both Sony or Nintendo (most probably Sony, primarily based on the patents its been submitting over the previous yr or so).

Each firms have international audiences, so whoever builds it, it should seemingly profit Web3 on a worldwide scale.

Full Story

This…it is a stretch.

A stretch. Based mostly on an assumption. Made out of a veiled remark.

However christ will we hope it is true!

This is our concept:

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

This is how we obtained 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 keeping with Kishida…

“A serious Japanese firm will announce an bold large-scale mission that may create a beneficial financial zone within the metaverse.”

Outdoors of Sony and Nintendo – which firm might that even be?

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

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

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

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

Lots of Web3 know-how is at the moment making an attempt to exist outdoors of the established Web2 system.

That means, blockchain is not actually being built-in into present net platforms/companies/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 way of initiatives which are ranging from zero is not practically as efficient as integrating blockchain into present tech, with established person 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 nice, right here in Fantasy Land).

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Tags: BuildEntermetaverseNintendoSonyTheoryWeb3
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