• 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

Binance Sees Massive Inflow of XRP Amid Market Dynamics

chest

Binance absorbed a massive inflow of over 31 million XRP in a single day, raising questions about potential short-term supply dynamics.

user avatarSatoshi Nakamura

Crypto Market Experiences Sharp Decline Amid Geopolitical and Economic Concerns

chest

The cryptocurrency market faced a significant downturn, with Bitcoin dropping below $65,000 as traders reacted to US trade policy changes and geopolitical tensions.

user avatarJesper Sørensen

Dogecoin Hits 1,100 Days at a Profit, Signaling Potential Market Shift

chest

Dogecoin has surpassed 1,100 days at a profit, indicating a potential market shift.

user avatarRajesh Kumar

Bitcoin Open Interest Plummets Amid Market Turmoil

chest

Bitcoin's Open Interest has dropped significantly following recent market volatility, reflecting a mix of liquidations and reduced risk appetite among investors.

user avatarLucas Weissmann

Bitcoin Market Faces Heavy Liquidations Amid Panic Selling

chest

Recent market volatility has led to significant liquidations of Bitcoin positions, with traders experiencing heavy losses.

user avatarFilippo Romano

Clarity Act Progress and Ripple's Strategic Positioning

chest

The proposed Clarity Act aims to provide clearer legal classifications for digital assets, which could benefit Ripple's ecosystem.

user avatarEmily Carter

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.