Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has joined Sony Block Solutions Labs to support developers and creators on Sony's public ethereum Layer-2 (L2) blockchain, seeking to simplify the users and open opportunities by bringing automation to Soneio.
Automation comes to Sony's ethereum L2 blockchain
Ava Protocol and Soneium announced their collaboration to bring automation to Sony's new ethereum L2 blockchain. The partnership aims to “simplify blockchain” for Soneium developers and non-technical users by executing transactions and smart contracts based on predefined conditions.
EigenLayer AVS provides Web3 infrastructure to support cross-chain automation, enabling composable autonomous transactions and allowing developers to quickly deploy dApps.
Deployed as part of the Soneium Spark incubation program, Ava Protocol's infrastructure is set to provide participants with an efficient and reliable solution to automate their projects, offering access to privacy, composability, and lower transaction costs.
The collaboration will allow creators to tokenize real-world assets (RWA) and unlock fractional ownership along with new distribution methods, allowing creators and developers on Sony's ethereum L2 blockchain to monetize their work through seamless automation. Intent-based code.
As Soneium's first automation provider, Ava Protocol seeks to open opportunities to monetize art, intellectual property, and physical goods. Additionally, it will support recurring payments, stop-loss orders, yield harvesting, and dynamic nft updates and minting.
The Web3 industry in a 'great transformation'
Ava Protocol's head of marketing, Sam Shev, highlighted the partnership's intention to support the best skills of creators by trying to reduce barriers to Web3:
Soneium fosters an open Internet that transcends borders and brings together creators from all walks of life. Ava Protocol's powerful automation tools will streamline processes and lower barriers to entry, allowing creators to focus on what they do best: create. We envision Soneium becoming a major hub for creativity, collaboration and innovation, enabling people and communities to transform the world through human creativity.
Meanwhile, Chris Li, founder of Ava Protocol, underlined the goal of these projects to facilitate access to the Web3 space with simple tools and solutions:
Ava Protocol is incredibly excited to join forces with Soneium as the Web3 space works to become more accessible. Our technology provides creators and developers with the tools they need to be truly empowered when it comes to their assets. Ava Protocol's seamless automation minimizes complexity, allowing you to innovate freely. With this collaboration, we are taking a significant step towards our vision of being the leading solution for smart contract automation at Soneium.
As reported by Bitcoinist, Sony's ethereum L2 public blockchain is part of the company's “strategic expansion” into the blockchain ecosystem, aiming to bring Web3 technologies to widespread adoption by leveraging its distribution network across different industries.
Designed to be a versatile, general-purpose blockchain, Soneium seeks to integrate Web3 into everyday applications and meet multiple needs across different industries and user bases globally. It also aims to create a “robust, developer-friendly environment” that supports innovation, communities, creators and developers.
Sota Watanabe, director of Sony Block Solutions Labs, highlighted the “major transformation” of the Web3 industry and explained that its decisive moment will be “if we, as companies involved in Web3, can truly offer solutions that billions of people use natural”. in their daily lives and make Web3 mainstream in the coming years.”
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