- The creation of Soneium, an Ethereum Layer-2 blockchain aimed at mass adoption, was revealed by Sony Block Solutions Labs.
- The joint company is getting ready to launch a testnet right now.
With an emphasis on scalability and user-friendliness, the joint blockchain venture between global conglomerate Sony Group and Startale has announced the construction of Soneium, its first Ethereum Layer-2 blockchain, with the goal of becoming widely used.
With its introduction, Soneium intends to use Sony’s worldwide Web2 footprint to deliver Web3 apps in a variety of industries, such as gaming, entertainment, and finance, according to a statement from Sony Block Solutions Labs.
According to the press release, Sota Watanabe, the founder of Astar Network and director of Sony Block Solution Labs, stated that the Sony Group has robust distribution channels across several industries and existing users in our daily lives. We will create something that people want with Soneium and break through Web3 into the mainstream.
The joint venture is presently getting ready to launch the blockchain’s testnet, however the launch date has not yet been disclosed. In the upcoming weeks, Soneium will make available technical information about the platform’s tools and requirements for developers, according to Sony Block Solutions Labs.
To increase the new chain’s initial liquidity, Astar Network will have its zkEVM combine its assets and underlying infrastructure with Soneium for the testnet launch.
According to Sony Block Solutions Labs, new mechanisms for equitable profit-sharing between creators and fans as well as the preservation of rights for creator-generated material are among the future use cases of Soneium.
Sony is reportedly getting ready to introduce a regional bitcoin trading platform in Japan, according to a story from last month.
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