Ethereum

Future

Astar

Block

Read

<p><strong>Key Points:</strong></p>  
<ul class="wp-block-list">
 <li><em>Sony Block Solutions Labs unveiled the development of Soneium, an Ethereum Layer-2 blockchain focused on mainstream adoption.</em></li>  
 <li><em>The joint venture is currently preparing for a testnet launch.</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>Sony and Startale are creating the Soneium Layer-2 blockchain for Web3 apps in entertainment, gaming, and finance, focusing on scalability and mainstream use.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6215233765609946309-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6215233765609946309-y-1024x576.jpg" alt="Sony Group unveils Soneium Layer-2 blockchain with Startale Labs" class="wp-image-279541"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<h2 class="wp-block-heading" id="strong-sony-and-startale-develop-soneium-layer-2-blockchain-strong"><strong>Sony and Startale Develop Soneium Layer-2 Blockchain</strong></h2>  
<p><a href="https://www.sony.com/en/SonyInfo/News/Press/202408/24-029E/#:~:text=Sony%20Block%20Solutions%20Labs%20is,network%20infrastructure%20using%20blockchain%20technology." target="_blank" data-type="link" data-id="https://www.sony.com/en/SonyInfo/News/Press/202408/24-029E/#:~:text=Sony%20Block%20Solutions%20Labs%20is,network%20infrastructure%20using%20blockchain%20technology." rel="noopener noreferrer nofollow">Sony Group, in partnership with Startale Labs</a>, has announced the creation of Soneium, its first Layer-2 Ethereum blockchain. Soneium is designed to prioritize scalability and user-friendliness, focusing on mass adoption.</p>  
<p>At launch, it aims to power Web3 applications across various sectors, including entertainment, gaming, and finance. According to Sony Block Solutions Labs, Soneium is poised to bridge the gap between traditional industries and decentralized systems by leveraging Sony's global Web2 reach.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/142406-tron-usdd-to-warned-as-unsafe-trx-falling/" target="_blank" rel="noopener noreferrer nofollow">Plume Network Review: Layer-2 designed specifically for RWA</a></strong></p>  
<h2 class="wp-block-heading" id="strong-testnet-launch-and-future-applications-of-soneium-layer-2-strong"><strong>Testnet Launch and Future Applications of Soneium Layer-2</strong></h2>  
<p>The joint venture is preparing for the launch of Soneium’s testnet, with details on developer tools and requirements to be announced soon. <a href="https://www.theblock.co/post/285043/astar-network-sony-pivotal" target="_blank" rel="noopener noreferrer nofollow">Astar Network will support Soneium’s testnet</a> by integrating its zkEVM and providing initial liquidity and underlying infrastructure.</p>  
<p>Future use cases for Soneium Layer-2 include rights protection for creator-generated content and innovative revenue-sharing models between creators and fans. Meanwhile, Sony also plans to launch a local cryptocurrency exchange in Japan, signalling its deeper involvement in blockchain and cryptocurrency initiatives.</p>  
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>

Sony Group unveils Soneium Layer-2 blockchain with Startale Labs

Table of Contents

Coincu

Other articles published on Aug 23, 2024

Bitget to Recruit 3000 Builders by 2025 Encouraging Next-Gen Crypto Influencers

Binance Ex-CEO Changpeng Zhao Relocated to New Facility

Tether CEO says no plans for a ‘USDT Network’

Russia to Launch Stablecoins-Focused Trading Platforms on Domestic Exchanges

Marathon Digital Acquires $249M in Bitcoin Following $300M Senior Note Offering

Here’s How Much El Salvador’s Cold Wallet Amassed Since Mid-March by Bitcoin Daily

Join our free newsletter for daily crypto updates!