Sony Electronics has partnered with Theta Labs to launch non fungible tokens (NFTs) that can be viewed in mixed reality through Sony’s Spatial Reality Display, a display that allows individuals to experience things in 3D without the use of typical 3D peripherals.
The Spatial Reality Image follows the viewer’s eye movement and modifies the display accordingly, providing a 3D viewing experience. As a result, Mitch Liu, co-founder and CEO of Theta Labs, believes NFTs and metaverses now have “great potential” for 3D visualisation as a result of this.
Liu also mentioned that the NFT industry is currently made up of 2D graphics and videos. Theta Labs’ CEO, on the other hand, believes that the “metaverse is already 3D.” This indicates that users must be able to “visualise and present their NFTs in a way that has a physical presence.”
According to Sony Electronics CEO Nick Colsey, the NFT release offers a chance for NFT and metaverse aficionados to see the capabilities of Sony’s new Spatial Reality Display technology.
The Tiki Guy, a 3D Tiki Mask, will be released by Sony and Theta as an NFT. There will only be ten of these NFTs produced. While the NFT drop is designed for 3D viewing, 2D versions will be available as well.
Meanwhile, according to Chainalysis, NFT spending in 2022 will roughly double that of the previous year. According to the research, in 2021, investors sent roughly $40 billion in crypto to smart contracts tied to NFT marketplaces and collections. This year, the figure has surpassed $37 billion.
Read more: Katy Perry’s second NFT will be released on Theta
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