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February 6, 2025

Unlocking the Power of Web3: Sony Launches Soneum, a Layer 2 Network on Ethereum

In a groundbreaking move, Sony has launched Soneum, a layer 2 network on Ethereum, designed to revolutionize the digital creator economy. This innovative platform is set to empower creators and protect their intellectual property rights, while ensuring equitable value distribution between creators and consumers.

What is Soneum?

Soneum is a Web3-powered network built using the OP stack, a blockchain development kit from the Optimism Foundation. This cutting-edge technology enables the onboarding of regular users to Web3 without requiring them to understand the underlying tech. The network is open to all creators, providing a secure and transparent environment for them to showcase their work.

Protecting Creator Rights

One of the key features of Soneum is its robust mechanism for protecting intellectual property (IP) rights. Sota Watanabe, Head of Sony Block Solutions Labs, emphasized the importance of safeguarding IP rights, stating, “We are making a home for all creators inside and outside of web3. Memecoins are an important culture, which I like as well, but IP infringement is not. Let’s create meme culture not infringing IP rights!”

Empowering the Creator Economy

Unlike other major consumer brands that have limited their Web3 engagement to non-fungible tokens (NFTs), Sony is taking a bold step forward by providing an infrastructure for the next evolution of the creator economy. Soneum is designed to facilitate the growth of a digital creator economy, where creators can thrive and connect with their audiences in a more meaningful way.

Spark Incubator Program

To further support the growth of the creator economy, Soneum has launched Spark, an incubator program that has selected 32 innovative projects from a pool of 1,700 applicants. These projects will debut on the new network, providing a platform for creators to showcase their work and connect with a wider audience.

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Key Statistics

* Over 14 million users logged on during the testnet phase, which lasted four months from August 2024.
* Over 50 million transactions were recorded during the testnet phase.
* Soneum’s mainnet has recently launched, marking a significant milestone in the network’s development.

Conclusion

Sony’s launch of Soneum marks a significant milestone in the evolution of the digital creator economy. By providing a secure, transparent, and equitable platform for creators to showcase their work, Soneum is poised to revolutionize the way we interact with digital content. With its robust IP protection mechanisms and innovative incubator program, Soneum is set to empower creators and shape the future of the Web3-powered creator economy.

Source: Coinjournal.net

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