Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start.
Sony News
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Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
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Sony Block Solutions Labs, a year-old joint venture between the Sony Group and Startale Labs, has introduced an Ethereum layer-2 blockchain to lure app developers across various sectors.
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Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.
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S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.
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Sony is cracking down on AI developers like OpenAI and Microsoft with a letter that prohibits them from using its content to train or develop commercial AI systems.
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The proposed agreement with record labels mandates consent and compensation before releasing songs featuring digital replicas of artists’ voices.
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Sony Bank says it is experimenting with the possibility of issuing its own yen-backed stablecoin as a form of payment for businesses that use intellectual property owned by the Sony Group.
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Such a model could theoretically be used to exploit human conversations to build advertising personas.
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Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?
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The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption.
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Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue, making it a critical market, according to DappRadar.
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The Avalanche Foundation has launched a new mentoring initiative for digital artists, and Ticketmaster has introduced a new feature allowing artists to reward NFT holders.
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While trying to wrap his CryptoPunk to borrow money, an NFT investor accidentally sent the asset to a burning address, permanently removing it from circulation.
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Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities.
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