Crypto Advocates Pitch NFTs as Fix for Digital Ownership After Sony Statement

digital ownership — Crypto proponents are highlighting blockchain-based ownership as a solution following a recent Sony statement clarifying that users do not own the digital games they purchase from its PlayStation Store.

The entertainment giant’s updated terms of service explicitly state that such purchases are a license to use the software, not a transfer of ownership. This has reignited a long-standing debate over the nature of digital property rights.

Advocates argue that non-fungible tokens (NFTs) and similar crypto technologies can provide verifiable, permanent ownership of digital assets, from in-game items to full games, which users could theoretically resell or trade freely.

However, the article notes that widespread adoption of this model faces significant hurdles, including privacy concerns and the challenge of integrating blockchain systems into existing mainstream gaming platforms and user experiences.