• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Sony's Soneium Mainnet: A Successful Move or a Controversial Step?

user avatar

by Giorgi Kostiuk

a year ago


Sony has introduced its new blockchain platform Soneium, featuring technological innovations and partnerships with well-known divisions like Sony Pictures and Sony Music. However, its launch has been met with both praise and criticism.

Mainnet Launch and Initial Reactions

Sony officially launched its L2 blockchain platform Soneium, developed by Sony Block Solutions Labs to streamline blockchain interactions. The platform is built on the OP Stack from the Optimism Foundation and includes an NFT-based Fan Marketing Platform. The focus is on supporting creators, developers, and fans. However, user reactions were mixed: some supported Soneium's potential, while others raised concerns about possible 'blacklisting' of contract addresses.

Sony's Response to Criticism

Soneium director Sota Watanabe stated that the restrictions affected 'only two specific contracts' due to intellectual property violations. He emphasized that users and developers could appeal the decision, and discussions are underway with the project whose contracts were restricted. 'This allows targeted and minimally disruptive action while protecting creators’ rights,' he added, stressing that funds were not frozen.

Soneium: Looking to the Future

Soneium aims to involve billions of users in Web3 by making the transition from Web2 as seamless as possible. Watanabe highlighted the importance of improving user experience to achieve this goal. The platform is also designed to protect the intellectual property of creators and facilitate profit-sharing with fans. 'We envision Soneium as the next chapter of Web3,' Watanabe noted.

The launch of Soneium is a significant step for Sony in blockchain development, yet it still needs to overcome the controversies and convince a multitude of users of the platform's benefits.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Price Falls Below Critical Support Level.

chest

Ethereum's price has fallen below the crucial $2,000 mark due to significant selling pressure from large and small investors.

user avatarLeo van der Veen

Analysts Maintain Strong Buy Rating on Nvidia Amid Market Volatility

chest

Analysts express confidence in Nvidia's potential in the AI sector despite recent market volatility, maintaining a strong Buy rating with price targets from 220 to 320.

user avatarAisha Farooq

Tech Stocks Rebound with Nvidia Leading the Charge

chest

Tech stocks experienced a significant rebound on Friday, led by Nvidia's impressive performance.

user avatarLi Weicheng

LiquidChain Emerges as a Solution for Cross-Chain Liquidity Fragmentation

chest

LiquidChain is positioning itself as a dedicated Cross-Chain Liquidity Layer to address the fragmented liquidity problem in the crypto market.

user avatarTenzin Dorje

HYPER Presale Raises $31M Amid Market Volatility

chest

The HYPER presale has raised $31 million, indicating strong investor interest.

user avatarMohamed Farouk

Bitcoin Hyper Emerges as a Solution to Performance Bottlenecks

chest

Bitcoin Hyper is emerging as a critical solution to Bitcoin's longstanding performance bottlenecks.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.