World of crypto is experiencing next level innovative initiatives at a rapid phase. With an ever expanding market most organizations which introduce these are very much optimistic about their initiatives. Two of such initiatives which have been making news in the crypto world are Fox’s animated series based on blockchain and Sony publishing patent filing for a platform which enables betting on eSports contests with Bitcoin (BTC).
Blockchain Animated Series by Fox
Well known media and entertainment house Fox is launching an animated comedy series named “Krapopolis,” which is being produced by award-winning Rick and Morty creator Dan Harmon. Fox describes the uniqueness of this series stating that it will be the first-ever animated series curated entirely on blockchain. The show is centered on a “flawed family of humans, gods and monsters that tries to run one of the world’s first cities without killing each other.”
The series is fully owned and financed by Fox Entertainment and is being produced by its Emmy Award-winning animation studio, Bento Box Entertainment. Fox attempts to promote “Krapopolis” through their very own recently launched NFT company called Blockchain Creative Labs.
With this new series Fox and Bento Box will officially get into the NFT business. The company will launch a dedicated marketplace for the show that will curate and sell digital goods, ranging from NFTs of one-of-a-kind character and background art and GIFs, to tokens that provide exclusive social experiences to engage and reward super fans.
Addressing the advertisers on Monday Fox Entertainment CEO Charlie Collier said, “as an advertiser-focused, artist-first and animation-obsessed company, Fox is going to take advertisers into the world of Blockchain-powered tokens, including NFTs.”
Sony filing Patents for eSports Gambling Platform
report from Market Research Telecast revealed that Sony Interactive Entertainment has patented its own eSports betting system. The patent was filed back in 2019 where this betting platform will accept payments in fiat money as well as in Bitcoin wages.
The full patent includes much more information that shows how deep Sony’s propositions can get, giving bettors a slew of propositions to place bets on, which would add to the rapidly rising trend of eSports betting. Further, according to the patent, “Wagers may be pecuniary, e.g., money or bitcoin, or may be non-pecuniary, e.g. game assets, digital rights, and virtual currency.”
As per the patent, the platform would use prior data of professional players and/or teams to determine the odds of one or more bets, and then present those bets to players.
Yet it is to be clarified whether, the patent filing will lead to a live platform that approve users to wage using Bitcoin for eSports. Even before the Bitcoin price spike in early 2021, Sony were optimistic about that back in 2019 where they identified potential in allowing users to use BTC as a medium of exchange.