WEB3
by Soumen Datta
January 14, 2025
Following the success of its 2024 testnet, the mainnet offers features like NFT-based fan engagement and in-app payments for creators to monetize their content.
Sony, the Japanese electronics giant, announced the official launch of its blockchain mainnet, Soneium, on January 14. The platform aims to empower creators, such as artists, by fostering direct connections with their fans.ย
Today is the day. Soneium Mainnet is LIVE! ๐ฟ
โ Soneium ๐ฟ (@soneium) January 14, 2025
Launched by Sony Block Solutions Labs (Sony BSL), a @Sony Group company, Soneium is a Layer 2 blockchain that empowers creators, fans, and communities to protect their rights, connect globally, and build an open internet thatโฆ pic.twitter.com/4pTxYdueHY
The launch builds on the success of the 2024 testnet, Soneium Minato, which processed over 47 million transactions and attracted more than 15 million wallets. Developed by Sony Block Solutions Labs (Sony BSL), Soneium reportedly offers tools to simplify blockchain interactions for creators and their audiences.
Soneium's mission is to help creators enhance their engagement with fans using blockchain technology. Sony's vision for the platform centers on providing tools like NFT-based fan engagement systems and an incubation program called Soneium Spark.ย
The idea is to create a more seamless Web3 experience, removing the complexity often associated with blockchain technology. This user-friendly approach is expected to onboard ordinary people who might not fully understand the technicalities of Web3 but are eager to explore its potential.
The platform is designed with chain abstraction in mind, meaning blockchain operations run in the background, without requiring users to interact with complicated tech.ย
One of the key points emphasized by Sony is the creation of an entertainment layer on top of Web3.ย
Sony BSL Director, Sota Watanabe, explained that while Web3 is often seen as focused on finance, the entertainment sector has the power to connect people in unique ways. By layering entertainment over blockchain, Sony believes it can bridge the gap between technology and real-world applications, making Web3 more accessible and attractive.
With time, creators are expected to diversify their content and find new ways to interact with their audiences. This will include entertainment-based applications like games, social apps, and NFTs, all of which will run on the Soneium blockchain.ย
The Soneium mainnet officially launched after a successful testnet phase that allowed developers and creators to test the networkโs specifications before going live. With over 1,700 applications submitted to the Soneium Spark program, 32 projects were selected to join the incubation initiative. These projects cover a variety of applications, including entertainment, gaming, and finance, ensuring a broad ecosystem for creators to explore.
For end users, Soneium offers a seamless experience, with the ability to make payments using crypto assets within applications. This opens new avenues for creators to generate revenue through in-app payments while deepening their connections with fans.ย
To support the economic aspects of the platform, Sony also introduced S.BLOX, a redesigned version of its cryptoasset exchange service. S.BLOX aims to simplify the process of acquiring crypto assets and using them within Web3 apps. With a new user interface and a mobile app, S.BLOX promises an all-in-one platform for trading crypto assets and interacting with the Soneium network.
Moreover, through a collaboration with Ghost in the Shell, Soneium will launch an NFT distribution campaign in February.ย
Sony's ambition extends beyond just providing tools for creators; the company is also focused on enhancing fan engagement.ย
With the launch of a new Fan Marketing Platform, companies will be able to easily issue NFTs, creating unique opportunities for fan interaction. The platform will feature an integrated web-based wallet, making it easy for users to receive and manage NFTs without needing separate crypto wallets. This experience is designed to attract both seasoned crypto users and newcomers.
Looking forward, Sony plans to continue expanding its offerings to creators and fans. From January to February 2025, the company will introduce several new applications and projects based on the Soneium blockchain. These will include NFTs, social apps, and other tools designed to further enhance the experience of both creators and their communities.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
Author
Soumen Datta
Soumen is an experienced writer in cryptocurrencies, DeFi, NFTs, and GameFi. He has been analyzing the space for the last several years and believes there is a lot of potential with blockchain technology, even though we are still at an early stage. In his spare time, Soumen enjoys playing his guitar and singing along. Soumen holds bags in BTC, ETH, BNB, MATIC, and ADA.
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