Sony Track May Soon Integrate Nfts with Artists and Songs, Right Here’s what we Understand

sony music entertainment can be seeking to task into the sector of non-fungible tokens (NFTs). the organization, formed in 1929, is seeking to bring artists, in addition, to track collectively with the nft industry. the yank music giant has filed a hallmark application asking permission to cowl ‘audio and video recordings presenting stay musical performances authenticated by NFTs.' with the likes of several song celebrities like snoop Dogg, Justin Bieber, and madonna, among others — the nft industry seems to be gaining reputation on a worldwide degree.

the utility also seeks relevant approvals to cover advertising and marketing services, promoting, distribution, marketing, advertising, and online enjoyment.

this submission from sony adds to the big listing of already filed patents from agencies looking for to discover the nft arena this year.

this yr, to date, the quantity of nft applications has surpassed the ones submitted in the crypto, web3, and metaverse arenas.

with the aid of this time, over 5,800 applications and patents regarding nfts have already made it to the us patent and trademark workplace (uspto). in 2021, this wide variety stood at 2,087.

sony tune has been making inroads within the digital assets area.

in advance in march, the song corporation partnered with Solana-based NFT marketplace snow crash and fellow tune large regularly occurring tune organization to launch bob Dylan and miles Davis nft collections someday in 2022.