Euclid Profile picture
Jul 16 12 tweets 2 min read Read on X
🚨 BREAKING NEWS: THE POKEMON COMPANY WILL RELEASE OFFICIAL POKEMON NFTS!

In patent appl. WO2024090317A1 they detail how digital cards can be traded in the blockchain as non-fungible tokens (NFTs).

Details you do not want to miss can be found down below🧵👇 Image
"In digital TCGs, players build decks by combining owned digital cards to play. To build a deck, multiple types of digital cards are required. When trying to build a deck that is advantageous over other decks, there are digital cards that cannot be included in the deck."
"Digital cards can be acquired by lottery, but if a player does not get the digital cards needed to build a deck, they may feel as if they lost the lottery.

 Patent Document 1 also envisages that highly rare items, characters and the like will be the subject of auctions."
"An objective of the present disclosure is to increase the interest of collecting digital assets."
"At this time, each of the digital cards is traded in the blockchain as a non-fungible token (NFT). The card management ID in the above embodiment corresponds to, for example, a unique identifier (NFT-ID) for identifying the NFT."
"Transactions for NFTs are executed, for example, by smart contracts implemented on the blockchain. The transaction history for NFTs is stored on the blockchain as transactions. This allows the history of NFT owners to be stored on the blockchain."
"In addition, management of the use of NFTs is performed, for example, by a smart contract implemented in the blockchain. The history of NFT usage is stored in the blockchain as a transaction."
"In addition, the granting of rewards related to the usage history of the NFT is executed, for example, by a smart contract implemented in the blockchain..."
"As a result, when the history of using the NFT in a match satisfies a predetermined requirement, the owner of the NFT at that time is granted a predetermined reward."
"The digital items can be used in a game provided by a specific entity. The service that provides benefits depending on the ownership status of the digital items is a service separate from the game..."
"This makes it easy to associate the acquisition of a digital item related to the game with the service separate from the game, and can motivate players to play the game. It also makes it possible to reduce the burden on service providers when linking the service with the game."
TLDR: NFTs are coming for The #Pokemon Company! Will you be collecting Pokémon #NFTs? 👀

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Euclid

Euclid Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @AeronautXL

Jun 30, 2023
DISNEY IS ABOUT TO LET CELEBRITIES SIGN YOUR NFT?

Patent appl. US2023107705A1, published on 2023-04-06, explains coordination and management of digital asset endorsements.

🧵

TLDR 👇

#DISNEY #PATENT #NFT #NFTS #BLOCKCHAIN #CRYPTO #CryptoTwitter
1️⃣ "Obtaining the endorsement of a celebrity, other type of famous person or entity can be challenging. Having an item autographed requires proximity in a physical space, and the endorsing party must either manually sign each item, use a reproducible stamp to mark it, or..."
2️⃣ "For digital signatures, the industry standard is presently a transparent copy of a physical signature overlaid on an image or document, placing the signature style at risk of forgery"
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(