The post Sony Launches Ethereum Layer 2 Platform Soneium to Explore Creator Rights and Value Distribution Possibilities appeared on BitcoinEthereumNews.com.

Sony has officially launched its Ethereum Layer 2 platform, Soneium, aiming to enhance creator rights and equitable value distribution. This move marks a significant shift in how major entertainment firms are utilizing blockchain technology, focusing on a broader creator economy. According to Sota Watanabe, Director of Sony Block Solutions Labs, “Soneium is for everyone,” indicating a push for mainstream adoption of Web3 technologies. Sony’s new Ethereum Layer 2 platform, Soneium, aims to transform creator engagement and rights protection in the entertainment industry. Introducing Soneium: A New Era for Creator Economies Sony’s launch of Soneium comes on the heels of a four-month testing period that captivated over 14 million users. Developed by Sony Block Solutions Labs, Soneium promises to streamline blockchain interactions for creators and audiences, featuring tools like NFT-based fan engagement systems and the incubation program, Soneium Spark. The platform began its testnet phase in August and has already processed around 47 million transactions, an impressive figure noted by Blockscout. Innovative Features Designed for User-Friendly Experience Watanabe emphasizes the concept of chain abstraction—an approach that allows blockchain technology to operate seamlessly in the background without requiring user intervention. By prioritizing user experience and creative engagement, the platform aims to onboard individuals who may not be familiar with Web3 technologies, thus promoting wider adoption. Strategic Focus on Creator Rights and Equity Sony BSL’s strategy involves more than just advancing NFTs; the company is dedicated to constructing infrastructure that supports a thriving creator economy. In addition to launching Soneium, the company plans to introduce new frameworks for protecting creator rights and establishing mechanisms for equitable value distribution between creators and their audiences. By doing this, Sony is positioning itself to bridge the gap between Web2 and Web3 through user-centric designs and real-world applications. Building a Creative Ecosystem: The Soneium Spark Initiative The…

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Filed under: News - @ January 14, 2025 2:17 am