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Sony Group’s blockchain subsidiary on Wednesday launched the “Minato” testnet for its Ethereum Layer-2 blockchain, Soneium.
It follows the Japanese conglomerate’s announcement last week, in collaboration with Singapore-based Startale Labs, that they are working on a proprietary blockchain.
Soneium aims to leverage Sony’s expertise in entertainment and gaming to create practical applications in these areas.
Further, the platform looks to enhance gaming experiences through blockchain technology. For instance, it may use NFTs for in-game assets. Additionally, Soneium focuses on developing new financial models or services within the entertainment industry.
Soneium Minato Testnet and #Soneium Spark Incubation details are here!#Sony Block Solutions Labs launches this Ethereum layer-2 solution to empower builders and drive Web3 adoption. pic.twitter.com/UYRgzXJPxn
The Layer-2 blockchain seeks to broaden Sony’s presence in the tech sector while also advancing blockchain technology towards solutions that are more user-friendly, scalable, and broadly applicable.
“We have opened our testnet as a first step to foster a fan community centered on creators that can connect diverse values through Soneium,” said Jun Watanabe, chairman at Sony Block Solution Labs.
“We look forward to working with partners who share our vision and are willing to participate in collaboration with Sony Group. Let’s work together to create new value in Web3 toward a world where Web3 services are used in people’s daily life.”
Sony Block Solutions Labs is also initiating “Soneium Spark,” an incubation program designed to attract and
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