Sony Launches Soneum: A New Entertainment Layer on Ethereum
Sony, a leading media and entertainment company, has entered the world of Web3 by launching Soneum, a layer 2 network on Ethereum. This initiative aims to create an entertainment layer on top of the existing Web3 finance layer, providing a platform for digital creators to thrive.
Key Features of Soneum:
- Open to All Creators: Soneum welcomes creators from all backgrounds and disciplines, offering them a space to showcase their work.
- Creator Rights Protection: The network ensures that creators’ intellectual property rights are safeguarded, promoting fair value distribution between creators and consumers.
- Chain Abstraction Technologies: Soneum utilizes chain abstraction technologies and methods to simplify the onboarding process for regular users, eliminating the need for in-depth blockchain knowledge.
Focus on IP Rights:
One of the primary focuses of Soneum is the protection of intellectual property rights. Sota Watanabe, Head of Sony Block Solutions Labs, emphasizes the importance of creating a meme culture that respects IP rights.
We are making a home for all creators inside and outside of web3. Let’s create meme culture not infringing IP rights!
— Sota Watanabe 💿 (@WatanabeSota) January 15, 2025
Spark Incubator Program:
Soneum has also launched Spark, an incubator program aimed at nurturing innovative projects within the network. Out of 1,700 submissions, 32 projects have been selected to debut on Soneum.
Impressive Growth:
During its testnet phase, Soneum attracted over 14 million users and processed more than 50 million transactions. This growth demonstrates the network’s potential to become a prominent player in the creator economy.
The launch of Soneum marks Sony’s commitment to building a robust infrastructure for digital creators, going beyond the realm of NFTs to create a sustainable ecosystem for creative expression.
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