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Cryptocurrency News Articles

Soneium: The Bridge to Web3 for Mainstream Audiences

Nov 25, 2024 at 07:32 am

Soneium is an emerging Layer 2 (L2) network on Ethereum. It is built using the OP stack and backed by a $100 billion global conglomerate.

Soneium: The Bridge to Web3 for Mainstream Audiences

Sony is quietly preparing to launch a new Layer 2 (L2) network on Ethereum, called Soneium. This move is significant because Sony is a $100 billion global conglomerate with a massive user base across its various products and services. If successful, Soneium could become a critical entry point for mainstream audiences into Web3.

One of the key things missing in Web3 is a chain that is focused on onboarding retail users. Arbitrum, Base, and Optimism currently dominate the L2 landscape, catering primarily to Web3-native audiences. However, a large portion of the world's population, especially in non-English speaking countries, still needs to be introduced to Web3 and crypto.

This is where Soneium comes in. Backed by Sony, Soneium has the potential to reach a vast audience of non-degen users and integrate them into the Web3 ecosystem. As Sony expands its footprint in Web3, we can expect to see Soneium play a pivotal role in onboarding mainstream users.

Here's a quick overview of how Sony could integrate Soneium into its products and services:

Gaming: Imagine being able to purchase in-game items using crypto or earning NFTs for completing quests. This integration could open up new possibilities for Web3 gaming and introduce crypto to a massive audience of gamers.

Music: Sony Music could enable fan tokens or NFTs for artists, allowing their fans to engage with them in new ways and support their careers directly. This integration could also introduce Web3 to a vast community of music lovers.

Film: Sony Pictures could introduce crypto payments for movie tickets or create unique experiences for fans, such as issuing NFTs related to upcoming films. This integration could further expand the reach of Web3 among mainstream audiences.

Financial Services: Sony Financial Services could integrate crypto as a payment option, enabling users to pay for various financial products and services using digital assets. This integration could introduce crypto to a new segment of users and facilitate mainstream adoption.

These are just a few examples of how Sony could integrate Soneium into its products and services. With its focus on empowering consumers and creators, Sony could play a crucial role in mainstream adoption of Web3.

News source:news.bitcoin.com

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