On January 13, Sony Launched own second-level blockchain network Ethereum under the name Soneium.
Soneium was created by a subsidiary of Sony Block Solutions Labs, whose employees tested their development in August 2024, processing about 47 million transactions made by 14 million users in four months. In addition to the usual functions of a decentralized network, Soneium allows you to participate in the Soneium Spark funding program, designed to support promising startups.
In November last year, 32 projects won the Soneium Spark competition and received grants. Among them were decentralized financial services providers, content generation software developers, and authors of platforms for issuing NFT , a platform for paying rewards in tokens to loyal customers and other companies. The main goal of Soneium is to implement interaction between creative people and their audience, so the emphasis is on projects related to various digital content.
Soneium is a layer 2 solution based on the existing blockchain Ethereum , which acts as the first level. Soneium processes data and thus solves the problems associated with the slow speed of information processing and high commission in the first level network.
Additionally, by leveraging the OP Stack module developed by the Optimism Foundation, we are creating a scalable, blockchain-compatible Ethereum and a programmer-friendly network, Sony said in a press release.
