Ethereum (ETH) layer-2 protocol developed by consumer electronics and entertainment giant Sony Group is now live.
Sony Group says Developed by Sony Block Solutions Labs and powered by the Optimism Foundation’s Superchain technology, the Soneium Mainnet is now operational.
The Japanese conglomerate first announced the development of Soneium in August.
Sony says Soneium’s goal is to “provide use cases that creators and fans can benefit from.”
“At this early stage, we aim to maximize creator creativity, benefits and fan engagement across the chain. By protecting content rights and creating fair profit-sharing mechanisms, we’re empowering them to thrive in both the digital and real worlds.”
Web3 is already revolutionizing the economics of 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 that experience and empower people around the world to collaborate, innovate and bring more people who have never used blockchain before.”
Sony Group says the Soneium testnet, launched in August, has more than 14 million active wallets and has completed over 47 million transactions.
The Japanese conglomerate also says it is integrating various blockchain infrastructure services and tools into the Soneium ecosystem. This includes SNFT Inc’s Fan Marketing Platform, which is focused on using non-fungible tokens (NFTs) to execute digital marketing strategies. Users of Soneium will also be able to trade crypto assets on Sony Group’s BLOX platform.
“Entertainment apps such as gaming, NFT and social apps have been launched alongside financial and other apps. These projects demonstrate the great potential of web3, which spans areas such as gaming, music, art and community platforms. Each pushes the boundaries of what which is possible when creativity meets in the chain.”