Kieran Warwick, the co-founder of blockchain gaming studio Illuvium, announced yesterday that they have raised an additional $10 million in funding from Framework Ventures via a token sale. The tokens involved in the fundraising will apparently be locked for two years and won’t be staked, thus won’t receive revenue distributions.

Kieran Warwick said the funds raised will be used to accelerate Illuvium’s development and support the distributed group of contributors. Illuvium will soon launch an AAA gaming universe with three games, Illuvium: Zero, Illuvium: Overworld, and Illuvium: Arena.

The patent is titled “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger”. Some individuals suggest that this indicates that Sony may have future plans that include the tracking of digital assets in video games using tokens. These digital assets may include in-game items or characters and digital media of gameplay moments, like video clips or images. 

In addition, the patent includes diagrams outlining the process of tracking changes in ownership, visual appearance, or metadata. Sony’s patent explains how individuals often enjoy owning or using physical items related to celebrities or activities. 

Kenichiro Yoshida is a Japanese businessman who is currently the chief executive officer of Sony. He began this role in April 2018, succeeding Kazuo Hirai, prior to which Yoshida was the company’s chief financial officer. Yoshida joined Sony in 1987, and worked across the company’s subsidiaries in the US and Japan.