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Reading: Sony Unveils Web3 Division and Layer 2 Community – “The Defiant”
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The Texas Reporter > Blog > NFTs > Sony Unveils Web3 Division and Layer 2 Community – “The Defiant”
NFTs

Sony Unveils Web3 Division and Layer 2 Community – “The Defiant”

Editorial Board
Editorial Board Published August 23, 2024
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Sony Block Options Labs and Startale Labs will quickly launch a testnet for the upcoming Soneium Layer 2 community.

Sony, the foremost Japanese conglomerate and shopper electronics large, launched a brand new web3 division overseeing the event of an Ethereum Layer 2 community.

Introduced on Aug. 23, the newly created Sony Block Options Labs (Sony SBL) will lead all of Sony’s blockchain and web3 initiatives. Sony additionally revealed that the division is creating Soneium, a public Ethereum Layer 2 community, in partnership with Startale Labs, the event group behind Astar Community.

The community leveragesOptimism’s OP Stack and helps Ethereum Digital Machine (EVM) good contracts. Soneium is at the moment making ready to launch its forthcoming testnet, and plans to launch technical documentation and software program improvement kits “in the coming weeks.”

“The new blockchain unites leading web3 projects and infrastructure pioneers, including Astar Network, Circle, Chainlink, Alchemy, and The Graph… to bridge the gap between decentralized innovation and everyday consumer applications in entertainment, gaming, and finance,” Sony SBL mentioned.

Sony SBL mentioned it’s exploring new mechanisms for profit-sharing between creators and followers, defending creator-generated content material, and fostering interoperability throughout digital and real-world environments.

The group emphasised that Sony Group has the potential to reveal new audiences to web3 applied sciences via its large distribution community and penetration of mainstream shopper markets.

“Sony Group has strong distribution channels in multiple industries and existing users in our daily lives,” mentioned Sota Watanabe, the director of Sony SBL and founding father of Astar Community. “Through Soneium, we will make something people want and go mainstream beyond web3.”

Soneium to combine with Astar

Sony SBL mentioned Soneium will intently combine with the Astar zkEVM community and make the most of Astar’s ASTR token as a “key asset” throughout the L2’s ecosystem.

The worth of ASTR is up greater than 6% in lower than two hours in response to the information, in accordance with The Defiant’s crypto worth feeds.

Sony first teased plans to develop a blockchain in partnership with Startale Labs in September 2023. The 2 corporations additionally teamed up on a web3 incubator program in February 2023.

Soneium will even combine assist forCircle’s USDC stablecoin,Chainlink’s cross-chain interoperability platform,Alchemy‘s infrastructure and improvement instruments, and The Graph’s on-chain knowledge providers.

TAGGED:DefiantdivisionLayerNetworkSonyunveilsWeb3
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