What is Sony Bank’s NFT app ‘Connect’?
Sony Financial Holdings subsidiaries are independently exploring Web3 to connect with the next generation of consumers. In a recent move, Sony Bank introduced an NFT app called ‘Connect’. The app allows customers to store, trade and collect digital collectibles, all via their phone. Users can display their NFT collections and interact with other community members.
Connect to get more features soon
By joining the Connect app, users can purchase digital collectibles directly from Sony’s NFT marketplace, SNFTThe app also stores NFTs and other digital assets that are distributed as promotional incentives from brands and new projects.
Sony Bank will implement more features to make this app more useful for its community members.
“We are currently working on defining requirements and designing a blockchain-based wallet, and this is the first step in that process. We will continue to expand the functionality after the release, while incorporating customer requests in the future and contributing to the future development of the Web3 entertainment industry in Japan,” the company said in its statement. blog post in which the app is described.
Norbert Gehrke, a Japan-based fintech observer, published a blog about this initiative from the Sony Group, stating that the app can be used to set a favorite NFT as a home screen widget on the user’s smartphone.
“You can browse and view your own special 3D gallery where you can freely organize your NFT collection from SNFT. Sony Bank Connect delivers various notifications and messages that will accelerate your web3 entertainment experience,” Gehrke noted.
While the app is not yet available in India, there are statistics on the Google Play Store show that the recently launched app has already been downloaded more than a thousand times.
It is currently unclear whether Sony Bank plans to expand this app to other countries or for web use in the future.
Sony’s Web3 Journey
Between March and July of this year, Sony Financial Holdings’ subsidiaries delved further into Web3. In March, Sony hinted at plans to integrate a special type of NFT into its gaming ecosystem. The company said that as part of its in-game mechanics, gamers would be able to collect all of their digital collectibles and create a Super Fungible Token.
In July, Sony announced it was preparing to run a crypto exchange through WhaleFin, which it acquired in 2023.
Since 2023, the Japanese tech giant has also been researching how blockchain technology can be used to solve problems in the gaming, entertainment, music and imaging industries.
