The Ethereum (ETH) layer 2 protocol developed by consumer electronics and entertainment giant Sony Group is now operational.
Sony Group says the Soneium Mainnet, developed by Sony Block Solutions Labs and powered by Superchain technology from the Optimism Foundation, is now operational.
The Japanese conglomerate announced the development of Soneium in August 2024.
The consumer electronics and entertainment giant says Soneium’s goal is to “deliver use cases that creators and fans can benefit from” through open, global blockchain technology.
“In this first phase, we aim to maximize the creativity, benefits and fan engagement of on-chain creators. By protecting content rights and creating fair profit-sharing mechanisms, we empower them to thrive in the digital and real world.
Web3 is already revolutionizing finance for the next Internet, bringing a transformative digital experience to hundreds of millions of people. Now, together with creators, fans and communities, Soneium aims to expand this experience, enabling people around the world to collaborate, innovate and onboard more people who have never used blockchain before .
According to Sony Group, the Soneium testnet, launched in August last year, has more than 14 million active wallets and has completed more than 47 million transactions.
The Japanese conglomerate also claims to be integrating various blockchain infrastructure services and tools into the Soneium ecosystem. This includes SNFT Inc’s fan marketing platform, which focuses on the use of non-fungible tokens (NFTs) in executing digital marketing strategies. Soneium users will also be able to trade crypto assets on Sony Group’s BLOX platform.
“Entertainment applications such as games, NFT and social applications have been launched as well as financial and other applications. These projects demonstrate the vast potential of Web3, covering areas such as gaming, music, art and community platforms. Everyone pushes the limits of what’s possible when creativity meets the chain.
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