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Sony Releases Soneium Mainnet, Their Own Blockchain Platform
Written by: Jonathan Rodriguez
Last Updated:
Read Time: 3 minutes
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Sony Block Solutions Labs Pte.Ltd, S.BLOX.Inc, and SNFT.Inc, the three blockchain-related companies under Sony Group, have recently announced the launch of the Soneium Mainnet. This aims to enable creators to unlock new possibilities, enhancing fan engagement and leveraging the transformative potential of web3 technology.
The launching of Sony’s blockchain went live after a couple of months on a test network back in 2024. Its three main services include the Soneium blockchain, its crypto exchange S.BLOX and its fan marketing platform SNFT.
Soneium is a publicly available Ethereum Layer 2 solution. This arrangement solves common issues faced by blockchain users by enabling faster transaction processing and lower expenses.
What can be expected from Soneium?
According to data from Blockscout, Soneium has been noted to have processed 47 million transactions and attracted over 14 million users during its four-month testing phase.
Jun Watanabe, Chairman of Sony Block Solutions Labs, noted that the core idea of Soneium is to give audiences and producers a smooth experience. The platform aims to facilitate unbridled innovation and collaboration on top of making blockchain technology more accessible for both experienced developers and newcomers to the space.
In a press release from Sony, they mentioned that Soneium’s production environment allows end users to make payments using real crypto assets within each app. In addition to allowing creators to generate revenue through in-app payments, users can continue to build fan communities to support and encourage creators through activities on their favorite apps.
They also noted that SNFT Inc. will release a new Fan Marketing Platform sequentially as one of the applications that will be compatible with Soneium by February 2025. The platform will provide one-stop support for companies implementing NFT initiatives, from execution to analysis of NFT-based fan engagement metrics.
Companies will be able to use this service to easily issue NFTs, creating new touchpoints and exciting user experiences to deepen fan engagement. The new service will provide an integrated web-based wallet with social login, unlike many other Web3 platforms that require users to set up separate crypto wallets. This setup makes it simple even for novice users to receive and manage NFTs.
Possible Impact of Soneium on Crypto Casinos
Sony launching their own blockchain platform can make waves once potential players have figured out how to properly utilize them. This includes game developers in the crypto casino market.
Soneium, Sony’s new blockchain platform, reflects its vision for a connected and inclusive digital future. With a focus on innovation and user engagement, Soneium could play a major role in advancing Web3 technology in the coming years, shaping new opportunities for artists and consumers alike.
That said, only time will tell whether the best casinos online will utilize this new platform for their businesses in the future.
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