Sony to launch Ethereum L2 Soneium to 'make the open internet a reality'

Sony, the Japanese multinational technology giant behind some of the most iconic consumer electronics like the Walkman, is planning to build its own blockchain: an ethereum layer 2 network called “Soneium” built using rollup technology on OP Stack.

According to the advertisement In collaboration with Singapore-based Startale Labs, Sony initiated the joint venture to “realize an open Internet,” one that it claims would “transcend borders,” echoing the spirit of decentralization.

“At Soneium, everyone is a creator, no matter where they are or what they do. We dream of an open Internet that transcends cultural differences and brings together people with diverse values. Here, innovation overcomes social, economic and regional constraints, allowing all ideas to flourish,” the joint statement said.

Sony Block Solutions Labs, the joint venture between Sony Group and Startale, will develop Soneium as a public Layer 2 ethereum blockchain. The project leverages Startale’s blockchain expertise and Sony’s extensive experience in technology, content creation, finance, gaming, and consumer electronics.

Soneium will use the OP Stack-based Optimism Rollup technology developed by the Optimism ecosystem. This technology enables cheaper transactions on networks built on ethereum. The platform is expected to go live on a testnet in the coming days.

Three-phase deployment plan

Sota Watanabe, CEO of Startale Labs and Director of Sony Block Solutions Labs, outlined a three-phase plan for Soneium’s development:

1. The first year will focus on attracting Web3 users and developers.

2. Within two years, Soneium aims to integrate with Sony's diverse product line, including Sony Bank, Sony Music and Sony Pictures.

3. For the third year, the goal is to onboard enterprises and general decentralized applications (dApps) to the platform.

“We will try to recruit as many companies as possible from the first year,” Watanabe added, emphasizing the project's ambitious timeline.

Soneium’s mission statement reflects its goal to create an inclusive platform that overcomes social, economic and regional constraints. The project envisions a space where innovation thrives, empowering people and communities to collaborate and create.

Scalable and developer-friendly infrastructure

The platform will offer a developer-centric environment, featuring a fully-featured testnet that mirrors mainnet conditions, advanced smart contract capabilities, and a scalable infrastructure for high-volume applications. Comprehensive documentation, third-party development tools, and dedicated support channels will be provided to ensure accessibility for developers of all skill levels.