Sony Group’s joint blockchain initiative with Startale has announced their first blockchain project called “Soneium,” an Ethereum Layer-2 solution.
Soneium aims to achieve mainstream adoption by aiming to stand out with its scalability and user-friendliness features.
Following the launch of Soneium, Sony plans to leverage its position in the Web2 space to offer Web3 applications in many areas such as entertainment, gaming and finance.
Soneium will use Optimism’s toolset known as the OP Stack. Optimism’s own cryptocurrency, OP, has gained 3.51% on a daily basis.
“Sony Group has strong distribution channels across many industries and existing users in daily life. Through Soneium, we will create something that people want and that will go beyond Web3 and appeal to the mainstream,” said Sota Watanabe, Founder of Astar Network and Director of Sony Block Solutions Labs.
The test network will be opened in a few days
The joint venture is currently preparing for the testnet launch of Soneium, but an exact launch date has not yet been announced. Sony Block Solutions Labs announced that they will share technical details regarding the platform’s tools and requirements for developers in the coming weeks. For the testnet launch, Astar Network plans to increase the initial liquidity of the new chain by integrating its zkEVM with Soneium.
Sony Block Solutions Labs stated that future uses for Soneium will include protecting the rights of content creators and developing new mechanisms to ensure fair profit sharing between fans and creators.
Meanwhile, it was reported last month that Sony was preparing to launch a local cryptocurrency trading platform in Japan.
‼️‼️‼️‼️‼️‼️‼️‼️
Friends, everyone who uses their voting rights by visiting my profile will earn $5 from the Binance prize pool and will also receive a share of the $10,000 prize pool.
You can vote by clicking on this text
