'This Sony is not that Sony'

In September, a friend skilled at capturing on-chain opportunities told me that his team was preparing to play on the Sony chain.

He believes that the Sony chain represents a significant opportunity at the Base chain level.

I searched and found that there are actually three popular 'Sony chains.' After reading this content, you'll be able to distinguish which Sony is which.

1.Soneium

This is the purest Sony chain, my friend should be referring to it, which is an L2 launched by Sony.

  • (That Sony, the one with cameras)

The construction plan is based on OP Stack and is currently in the testnet phase.

The developer of Soneium is Startale Labs, and its CEO is also a co-founder of Astar Network (the Astar in the Polkadot ecosystem).

The news of their collaboration first emerged in Q3 of last year in the market.

Also because of this relationship, Astar announced the transition of its Layer 2 and community to Soneium, integrating $ASTR as a key asset into the Soneium L2 ecosystem.

Backed by traditional industry giants, this Sony chain has become a highlight of attention, with the latest development being that Soneium will collaborate with Sony Bank to launch a yen stablecoin.

2.Sonic(SVM L2)

If I were to define the track of Sonic, it would be a Solana L2, and there are not many teams building in this area, while Sonic happens to be one of them.

Recently, they have made significant progress, and I will write another article to introduce it in more detail.

Its primary market valuation reached one hundred million dollars in the last round, comparable to Soneium in market popularity.

Although both are L2, the ecosystems and subdivisions are different; Soneium leans towards generalized infrastructure while Sonic has a stronger application color.

3.Sonic (formerly Fantom)

This Sonic is not a new project; its predecessor was quite famous—Fantom.$FTM

The latest news about the project is that the token swap will be completed by mid-January next year (on Binance).

Token $FTM is being swapped one-to-one for $S, and the mainnet has already been launched.

Unlike the above two 'Sony chains,' Sonic, like Fantom, is still a Layer 1 and is EVM compatible.

This Sony chain focuses on embedding an incentive design for application developers at the bottom layer: developers will receive a share of network fees based on the traffic and engagement attracted by their applications.

That is to say, the relationship has changed from traditional landlord and tenant to 'business partners.'

Just a quick mention, regarding the latest $S token, there has been no increase in issuance; it just changed the release speed and used the remaining unreleased portion as airdrop incentives.

Additionally, a six-year annual inflation rate of 1.5% has been set (which is not high).

That's it, I will expand on the views of Sonic(SVM L2) later, everyone continue to pay attention and that's it.