In a press release shared with Cryptonews.com, the firm’s partner in its initiative, South Korea’s blockchain network operator Theta Labs (THETA), claimed that the new 3D NFTs had been designed to be used with Sony’s Spatial Reality Display, a display unit that features a high-speed vision sensor, which follows users’ eye movements to create 3Ds based on eye positions. The device does not make use of goggles or other eye-related accessories.

The device went on sale in late 2020 and retails for around USD 5,000.

Theta explained that in an initial “pilot project,” the parties would serve up a scenario whereby NFTs “representing any in-world digital item, avatar or collectible can be visualized and displayed in glasses-free 3D mixed reality form.”

The move, the South Korean company stated, will bring “a new reality and a physical presence to the metaverse.”

The project will include a “Theta-powered” NFT – ten copies of a token named “The Tiki Guy.” The Sony tie-in comes with the fact that these ten tokens will allow owners with United States shipping addresses to redeem a Sony Spatial Reality Display device.

The NFT’s design is a nod to the Tiki masks that originated in ancient Polynesian and Hawaiian cultures: hand-carved, wooden decorative masks that represented deities and were intended to ward off evil spirits.

Theta claimed that Sony’s Spatial Reality Display would provide a “whoa, baby” experience for NFTs, and would “showcase NFTs and virtual experiences in a whole new way.”

The mask-themed NFTs will be designed “to showcase the next-generation capability of Sony’s Spatial Reality Display,” Theta added, and will let