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Sony To Pay Out Nearly $8 Million In Class-Action Settlement Over Game Prices

Sony To Pay Out Nearly $8 Million In Class-Action Settlement Over Game Prices https://ift.tt/mZvwBR8 Sony is set to pay out nearly $8 million to PlayStation customers as part of a settlement regarding digital game prices. The settlement ( via IGN ) comes after Sony's motion to dismiss the lawsuit was denied, and settlement class members across a more-than-four-year period are potentially eligible for a payment. The lawsuit, originally filed back in 2024 , alleged that Sony established a monopoly over PlayStation Store prices by making publishers "cede control over the final price to Sony" and that Sony "eliminated the last vestiges of price competition when it stopped allowing outside retailers to sell digital download codes that could be redeemed on the PlayStation Store." Sony is not agreeing to wrongdoing as part of the settlement, and will be avoiding a civil trial if the terms are agreed upon by the court. Once that happens, the claims against Son...

PlayStation Might Be Exploring NFTs And Blockchain Technology

PlayStation Might Be Exploring NFTs And Blockchain Technology https://ift.tt/NDkymGB

The details of a patent filed by Sony Interactive Entertainment suggest the PlayStation parent company may be interested in implementing NFTs and blockchain technology on its platform. The patent title is "Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger," as reported by Video Games Chronicle.

The patent details a system where the history of a unique in-game item would be tracked with blockchain technology, including details of who created the item, who owned it in the past, and whether it has been modified along the way.

In the background section, Sony compares the digital assets in question to sports memorabilia, saying "individuals often find it meaningful to own or use unique physical items related to respected celebrities or activities."

Continue Reading at GameSpot

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