Sony launches L2 network Soneium
Sony launches Soneium, an Ethereum Layer 2 blockchain platform
Sony has launched Soneium, an Ethereum L2 platform, marking its entry into blockchain technology.
The initiative aims to connect content creators and fans while testing decentralized distribution channels.
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Key Takeaways
- Soneium Launch: Sony’s Ethereum L2 platform went live on mainnet, enabling creators to explore blockchain and engage with fans.
- Integrated Ecosystem: S.BLOX Inc. will introduce an exchange for Soneium users, while Sony-backed SNFT focuses on NFT marketing.
- Global Outreach: Initiatives include NFT distributions by Sony Music in France and Web3 live events by Sony Music Japan.
- Decentralized Strategy: Sony may migrate parts of its distribution stack to blockchain-based channels if results are favorable.
Soneium: Sony’s blockchain debut
Sony has officially entered the blockchain space with the launch of Soneium, an Ethereum Layer 2 platform designed to simplify blockchain adoption for content creators. Initially introduced in August 2024, Soneium progressed through testnet phases before its mainnet launch.
Sony shares price dynamics (2024-2025). Source: finance.yahoo.com
To support user access, S.BLOX Inc., a Sony subsidiary, will launch S.BLOX, an exchange facilitating crypto transactions for Soneium apps.
NFT initiatives and Web3 integration
Sony is expanding its blockchain efforts with NFT-focused projects across its subsidiaries:
- Sony Music France: Distributing NFTs to the “Sunny B. 1991” community, rewarding fan loyalty.
- Sony Music Japan: Hosting a Web3-powered live event for the “Sandal Telephone” J-pop band, offering limited edition NFTs.
- Sony Pictures Japan: Providing exclusive content for eligible Prime Video purchases.
These efforts showcase Sony’s experimental approach to blockchain technology, using NFTs and decentralized platforms to foster global fan engagement.
Future prospects for decentralized distribution
While current promotions remain limited in scope, Sony’s blockchain strategy signals a willingness to adopt decentralized technology in its distribution model. Should the experience prove successful, Sony could integrate blockchain more extensively across its operations.
Recently we wrote, that Sony is working with Astar Network, which uses Polkadot, to create a blockchain platform that could become the backbone of the global Web3 infrastructure by combining the partners' expertise and capabilities.
